GW Plans a Workshop for STEM Faculty Who Teach Engineering through Computing

George Washington University | March 16, 2020

The George Washington University is planning a workshop for STEM faculty who want to transform their teaching through integrating computing. This Faculty Development Workshop 2020 was scheduled to be held over three days on 25–27 March. However, due to the Coronavirus national emergency and travel restrictions has been postponed, the organizers told IBL News. The event will be sponsored; it means that GW will be able to offer full travel support –including lodging and food– for 20 to 25 participants. The sponsor is Leidos, Inc., with additional support from the National Science Foundation through a grant to Prof. Lorena A. Barba. This workshop is for faculty at any stage of their career, who are teaching in science, engineering, or related technical fields, explained GW’s Prof. Lorena A. Barba, who leads the workshop. We use the label Engineers Code in a project that is developing open learning modules, and the #EngineersCode hashtag on Twitter for announcing newly-released content, and inviting a community, she added.

Spotlight

Long field wires that run from the field to the control room lead to expenses related directly to physical wires, cable trays, and conduit. Increased also are related expenses such as engineering and set-up labor costs. Then, of course, those wires and connections all must be functionally tested, and after that, any late changes to the system design can lead to costly change orders.

Spotlight

Long field wires that run from the field to the control room lead to expenses related directly to physical wires, cable trays, and conduit. Increased also are related expenses such as engineering and set-up labor costs. Then, of course, those wires and connections all must be functionally tested, and after that, any late changes to the system design can lead to costly change orders.

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TCS Introduces Composite Quality Engineering Service for Blockchain Applications

TCS | October 23, 2020

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, has introduced a composite quality engineering (QE) service for blockchain applications called TCS Blockchain QE Services that combines smart contract auditing with cloud deployment design, API audits, and usability testing to help enterprises safeguard against security, privacy, and reliability threats. Leveraging the experience and capabilities of TCS' Quality Engineering and Transformation Platform Services, the new services cater to applications over a wide range of blockchain platforms. The offering reimagines testing by leveraging innovative methods from the proven Quality Engineering Platform ecosystem. TCS provides smart contract testing services as part of this offering to thwart vulnerabilities in the business logic codified in smart contracts. It can also ring fence the entire blockchain solution at protocol and ecosystem level to ensure safety and security of enterprise applications.

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ROBOTICS AND AUTOMATION

Allied Motion Acquires Spectrum Controls, Inc., a Leader in Industrial Control Solutions

Allied Motion Technologies Inc. | January 03, 2022

Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or the “Company”), a designer and manufacturer of precision and specialty controlled motion products and solutions for the global market, announced that it has acquired Spectrum Controls, Inc. (“Spectrum”), an innovator and manufacturer of a wide variety of Industrial I/O and Universal Communications Gateway products. The purchase price was $70 million, of which $45 million was paid at closing with a combination of $27 million in cash and the remainder in the Company’s common stock at a price of $35.82 per share. The remaining $25 million will be paid in two equal payments in 2022 and 2023 comprised of 50% cash and 50% stock. Spectrum has a long history of innovation, partnership, and customized customer fulfillment, and we are excited to welcome the entire Spectrum team to the Allied family. This acquisition is an excellent strategic fit and provides us with a tremendous opportunity to enhance our position as a value-added solutions supplier to the industrial automation and industrial controls market,” commented Dick Warzala, Chairman and CEO. “In addition, Spectrum enhances our customer base, adds significant engineering resources and has the technology and know-how to provide solutions that meet the system requirements of Functional Safety. “Allied has built an impressive organization. We believe that given their strong leadership team and their One Allied culture, we have found the ideal partner to successfully execute on the many strategic initiatives and opportunities we have in front of us. We look forward to a bright future together.” -Bruce Wanta, Founder and President of Spectrum Mr. Warzala further added, We believe we can drive growth by leveraging Spectrum’s strong partner relationships with large industrial automation companies, utilizing their global distribution channels, and benefiting from the continued digital transformation around IIoT, AI and analytics that are driving the increased use of smart factory floor devices. In 2022, Spectrum is expected to be accretive to both Allied’s earnings per share and gross margin profile. The acquisition structure includes a tax election that is expected to offset cash taxes by approximately $10 million over the next 15 years. Founded in 1983 and headquartered in Bellevue, WA, Spectrum designs and manufactures a wide range of highly sophisticated I/O modules, marquee displays, and industrial gateways for broad industrial controls applications through partnerships with PLC manufacturers and distributors. With approximately 72 employees, Spectrum serves large industrial automation projects and specialty applications domestically and throughout the world, including Europe, Asia, the Americas, and the Middle East. For more information visit https://www.spectrumcontrols.com. About Allied Motion Technologies Inc. Allied Motion (Nasdaq: AMOT) designs, manufactures and sells precision and specialty controlled motion products and solutions used in a broad range of industries within our major served markets, which include Vehicle, Medical, Aerospace & Defense, and Industrial. Headquartered in Amherst, NY, the Company has global operations and sells into markets across the United States, Canada, South America, Europe, and Asia-Pacific. Allied Motion is focused on controlled motion applications and is known worldwide for its expertise in electro-magnetic, mechanical, and electronic motion technology. Its products include brush and brushless DC motors, brushless servo and torque motors, coreless DC motors, integrated brushless motor-drives, gear motors, gearing, modular digital servo drives, motion controllers, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic issues, and other controlled motion-related products. The Company’s growth strategy is focused on being the controlled motion solutions leader in its selected target markets by leveraging its “technology/know how” to develop integrated precision solutions that utilize multiple Allied Motion technologies to “change the game” and create higher value solutions for its customers. The Company routinely posts news and other important information on its website at www.alliedmotion.com.

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Penspen Secures Contract with Engineering Construction Company

Penspen | October 13, 2020

Penspen has been awarded a detailed engineering contract for crude receiving facilities at Jebel Dhana from Target Engineering Construction Company, an engineering, procurement and construction (EPC) contractor in Abu Dhabi, UAE. The scope of work that will be completed by Penspen includes the development of facilities for unloading the Upper Zakhum (UZ) field and Non-System (NS) crudes at Jebel Dhana from tankers. The work will be carried out using the existing single point mooring (SPM-2), subsea pipeline, onshore pipeline and gravity pipeline to the three large tanks already in place. Both UZ and NS crudes will be blended and the crude will be transferred to Ruwais Refinery West to feed the crude oil distillation unit (CDU) with 420 000 bpd. Target Engineering Construction Company offers in-house services for major construction disciplines in onshore and offshore areas, with more than 40 years’ experience in the oil and gas sector. This contract is the second that the company has awarded to Penspen this year.

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