United Arab Emirates-based company formed with Lockheed Martin to focus on machining technology
NewsNovember 05, 2015
ABU DHABI, United Arab Emirates. Exechon Enterprises L.L.C. – a joint-venture company formed by Lockhed Martin, Exechon AB, and Abu Dhabi-based Injaz National – in the United Arab Emirates will focus on advanced machining technology. The company will be based in Abu Dhabi.
Exechon Enterprises officials plan to establish an engineering and manufacturing center for Parallel Kinematics Machining (PKM) in sectors that include aerospace, defense, and automotive. They also plan to create an Application and Technology Development Center in collaboration with local industry and academia.
”The PKM technology is positioned to meet increasing demand for flexible manufacturing of components made with advanced materials, and the new joint venture will accelerate the launch of the new portable Xmini lightweight PKM system with the capability to automate a number of currently manual manufacturing processes,” says Karl-Erik Neumann, CEO of Exechon Enterprises L.L.C. and inventor of the Tricept & Exechon PKM.
