7 Tech Stocks That Could Rally In December, Teslas New Giga Press Is Not Toying Around, Do Not Sell My Personal Information (CA Residents Only). a large, California-based OEM of electric vehicles. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. [41], LK Technology delivered one Impress-Plus DCC 6000 machine for Glovitech of South Korea, installed in the Vn Trung Industrial Zone, Vit Yn District, Bc Giang Province, Vietnam. 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A strategic thinker and fundamental public equity investor, Joanna leverages over 20 years of experience on Wall Street covering various segments of the Technology, Media, and Telecom sectors at several global investment banks, including Mizuho Securities and Canaccord Genuity. Now worth north of $1 trillion, Tesla is clearly the bellwether of the electric vehicle group. new solutions for the hydraulic plant, capable of determining a certified 54% saving on energy consumption. more stable injection conditions with regeneration in all phases, to guarantee the best possible dynamic force in every possible operating phase and therefore the possibility of manufacturing larger structural castings with thinner walls. a deep evolution in the body of new generation cars, doors, and crash protection, improving aesthetics and modularity with a uniquely experienced production history starting in 2020. industry 4.0, development of new architectures for the die casting cell with a central cell controller integrating and monitoring the press and all other peripheral equipment, so as to ensure the central role of control programming and the simplification of the commissioning of die casting plant at the clients premises. P.Iva 03095610170, Privacy Policy | Cookie Policy| Info Company| Code of Ethics | Credits, NEO 5500 - NEO 6100 - NEO 8000 - NEO 9000, certified 54% saving on energy consumption. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The new XPress machine by Idra represents a new experience in Die Casting from many points of view. IDRA is the company that makes Tesla's "Giga Press" casting machines, which the automaker uses to diecast large vehicle parts. Notably, the company has commissioned an even larger die casting machine to make chassis components for its planned Cybertruck pick-up. [23], On 11 March 2021, one of the Fremont presses caught fire. [f 11][f 12], By early-August 2020, the casting cell and first Giga Press were substantially complete, having been assembled in the open air at the north end of the General Assembly building. [7], For the Tesla's Giga Press-based casting operation, ingots and off-cuts of aluminium are melted in a natural gas-powered melting oven operating at 850C (1,600F), until liquid. While this confirmation doesn't suggest that the Cybertruck is coming any time sooner, it does arguably suggest that the Tesla electric pickup is going to become a reality. 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Giga Press signing ceremony One of the loyal customers of LK, who has been using more than 200 units of LK machines, has ordered 3 sets of LK Giga Press die-casting machines, which are 6800-ton, 8000-ton and 9000-ton. TECHNOLOGYReliability, robustness, innovative technology and ease of use. A Giga Press is a series of high-pressure aluminum die casting machines. These things are getting bigger and bigger, and the latest built by Idra is capable of 9,000 tons of clamping force. +39 030 20111 | Fax +39 030 2002345C.F. It can weigh up to 430 tonnes and have a clamping force of up to 61,000 KN. "Idra Thinks Big: Growth, New Strategies and an Order for the Largest Press in the World", "Pubblicit IDRA Costruzioni Idromeccaniche Bresciane", "Il missino Degli Occhi di nuovo interrogato a Brescia Diecci ordini di cattura per gli attentati nel centro-Italia", "Strade e rond, rigenerazione a nord: L'ex Idra porta lavori per 3,2 milioni", https://en.wikipedia.org/w/index.php?title=Idra_Group&oldid=1108519520, Manufacturing companies established in 1944, Manufacturing companies established in 1946, Short description is different from Wikidata, Articles containing Italian-language text, Articles containing potentially dated statements from 2006, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 4 September 2022, at 21:22. IDRAIdra was founded in 1946 by the Pasotti family and has become since then the reference point for development of die casting technology. INJECT COMPUTERControl systems and machine parameter management. IDRA video 1: https://youtu . High dynamic force necessary to fill difficult castings. To ship a Giga. [7], The original factory site at via Triumplina 43 in the north of Brescia was developed into the Triumplina Retail Park, requiring construction of new roundabout junctions. That's possible due to Tesla's first Giga Press, which was installed at the Fremont factory and put in operation last year. no comment. IDRA Cell Controller brings a new level of connectivity and integration, with a seamless flow of data IDRA Cell Controller exchange between DCM and the peripherals, to give you full control over production and process traceability. The Company develops, manufactures, markets, and installs die casting machines and automated cells capable of casting aluminum and magnesium alloys. [3], By 1956, Idra was seeking to export its die-casting machines outside Italy. Idra Srl manufactures die casting machines and completely automated cells. CATALOGUES E DATASHEETIn this area you can consult catalogues and individual datasheets. 2023 PitchBook. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. TECHNOLOGYReliability, robustness, innovative technology and ease of use. Simplified assembly of the system with modular scalable construction. IDRA has got the first order in the world for one OL 5.500 CS HPDC machine. Seven are in operation, five are being installed at customers' plants and 10 still need to be delivered. The company was founded in 1989 and is based in Cambridge, Massachusetts. Idera Pharmaceuticals, Inc. (IDRA) NasdaqCM - NasdaqCM Real Time Price. Each piece can be made in approximately one to two minutes. Earlier this week, the CEO reportedly told employees not to rush to make deliveries by the end of the quarter but to instead focus on minimizing costs.With the TSLA auto business operating at around a 30% gross margin, Musk is naturally focused on ways to reduce manufacturing costs. IDRA VALUESExpertise, know-how and experience are what makes us a market leader. [9], Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}453207N 100637E / 45.53538N 10.11026E / 45.53538; 10.11026 (Idra Group factory, Via dei Metalli). This is a profile preview from the PitchBook Platform. Company profile page for Idra Srl/Stezzano including stock price, company news, press releases, executives, board members, and contact information Technological innovations, world-class specifications and high performance in one compact solution. Find the latest Giga-tronics Incorporated (GIGA) stock quote, history, news and other vital information to help you with your stock trading and investing. View IDRA: Idera Pharmaceuticalsinvestment & stock information. IDRA has unveiled a giant 8,000-ton die-casting machine that will be the tool for the production of the iconic Tesla Cybertruck and possibly other Tesla cars. After weeks of teasing from IDRA, it will provide a preview of the 9,000-ton machine at an upcoming open house. FOUNDRY STAR ALLIANCETo support the very rapid growth of the global HPDC light alloy markets. Tesla delivered roughly 500,000 vehicles in 2020 and has already reported delivering 627,350 in the first three quarters of 2021. VIDEO AND DOCUMENTARIESProduct Stories, Inside and Educational videos. P.Iva 03095610170, Privacy Policy | Cookie Policy| Info Company| Code of Ethics | Credits, Same passion, after more than 70 years of history. Tesla takes a special molten material and pours it into the exact shape with a reusable mold. IDRA posted a video announcing the completion of this particular press and notes that this innovation revolutionizes the manufacturing of the car body structure, reducing substantially assembly time and costs IDRA was the first company to receive production orders for 9.000 ton machines that can be used for SUV and small truck markets.. Let us leave our children and grandchildren a bettera better planet than the onewe have found. Each fresh casting is trimmed to approximate size, measured, checked for imperfections, and sent for CNC machining to finished size. Flexibility and customization for many different configurations. [38] By the end of January 2021 one compression platten had been lifted into place, with the other two ready for craning. In terms of twelve month growth in earnings before interest and taxes, GIGA TRONICS INC . Tesla already uses smaller and less capable 6,000-ton diecasting machines, and CEO Elon Musk has talked in the past about the need for at least an 8,000-ton option for the Cybertruck. Today's 52-Week Highs; . [8][9], The front casting suggests an identical die layout, with maybe a 5th wedging die underneath (process) for the front-facing (car) crash rail mount.[10]. DREAMPRESS, the dream of die-casting Shots of molten aluminium weighing 80 kilograms (180lb) are injected into the cold-chamber casting mold with a velocity of 10 metres per second (22mph; 36km/h). 5.05% of Idera Pharmaceuticals stock is owned by insiders. [40], On 15 April 2021, components for a second Giga Press started arriving at Giga Texas. InvestorPlace->, InvestorPlace - Stock Market News, Stock Advice & Trading Tips. The newest giant die casting machine--the Giga Press--is a real breakthrough, and in 2021, in addition to the existing two, nine more will be installed, bringing Tesla closer to its goal. IDRA Group is a Tesla supplier that provides the automaker with ultra-large Giga Presses or Giga Casting machines. Reducing complex electrical parts and stops. The Giga Press program is a series of aluminium die casting machines manufactured by Idra Group in Italy. As of October2021[update] Tesla had five casting machines installed at Giga Shanghai, two machines installed at the Tesla Factory in California, two machines installed at Giga Berlin, and two machines at Giga Texasplus foundations in preparation for many additional Giga Press machines. HISTORYThe technological benchmark in light alloy of light alloys for over 70 years. With new electric vehicle (EV) competitors like Rivian (NASDAQ:RIVN), Polestar (NASDAQ:GGPI) and Lucid Group (NASDAQ:LCID) ramping up, Teslas German plant is a reminder of its manufacturing prowess. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Since 2019, Idra has sold 22 Giga Presses. According to analysis by Sandy Munro, the casting aluminium alloy used in the large Tesla chassis parts is primarily an aluminium 89.5%silicon 8.5% mix, plus several other trace elements, falling within the categorisation of Aluminum Association alloy "AA 386": Vacuum inside the closed mold is achieved using a 4,000-litre tank made by Fondarex in Switzerland. Tesla will combine front and rear megacastings with its new structural battery pack to form the underbody of Model Y. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Lets continue the discussion. NEWSInsights into the world of die casting. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Last week Tesla's Giga Press manufacturer IDRA released a video teasing a new 9000-ton Giga Press being assembled at the company's Lombardy Italy factory. Giga Press also offers unparalleled guaranteed long life and reliability. IDRA group discusses Giga Press orders, what does it mean for Tesla? Slag in the form of aluminium oxide is mechanically removed from the surface, and the rest of the liquid metal is pumped through heated pipes to an enclosed warming oven operating at 750850C (1,4001,600F), heated using 400 kilowatts (0.4MW) of electrical power. This shows, at least to a point, that. Clearly, it could be yet another boon for TSLA stock. Its clear that the Giga Press can bring immediate cost and efficiency advantages to Teslas already colossal manufacturing process. Let us know in the comment section below. CATALOGUES E DATASHEETIn this area you can consult catalogues and individual datasheets. Made by the Italian firm Idra, it has a clamping force of 55,000 to 61,000 kilonewtons (5,600 to 6,200 tons of force).The company uses it to produce front and rear underbody castings for Model Y. Tesla has replaced assemblies that consisted of as many as 70 . [27] European Model Y cars will use a front chassis megacasting, in addition to the rear chassis megacasting. Stock Picks. Rob Maurer. Monitor your investments 24 hours a day, around the clock from around the globe. High efficiency and optimized energy usage. IDRA TelsaGiga factory Berlin Twitter TwitterElon Musk Imagine a single piece of cast aluminum that. (Podcast). [f 9][f 10], At the end of July 2020, Tesla filed permit applications for construction work in preparation for Die-Casting Machine #2 (DCM2) at Fremont. StrikoMelter Melting and Holding Furnace (850C, 1,560F), Holding oven (~750850C, 1,3801,560F), This page was last edited on 1 March 2023, at 12:50. On the date of publication, Joanna Makris did not have (either directly or indirectly) any positions in the securities mentioned in this article. DOCUMENTATIONAll documentation relating to the IDRA Group. This particular gigafactory uses a die casting machine made by Italian company Idra Group. According to its initial estimations, Tesla was looking to start building the Cybertruck in 2021, but plans have changed and it has now moved its production start to early 2023. The press will manufacture the chassis of a Tesla vehicle in one or two pieces, eliminating the need to assemble hundreds of individual parts. CERTIFICATIONSCertified excellenceISO 9001:2015 | ISO 14002:2015 | ISO 45001:2018, VISION & MISSIONInnovation is in our DNA: always serving competitive and successful customers. 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