Because of the country's aging population, Japanese construction company Komatsu isn't finding trained equipment operators as of late for their projects. It solved its own problem by creating a service featuring drone-guided, robotics-controlled industrial vehicles.
Ashley discusses a construction company's futuristic solution to Japan's aging population, two Brazilian VJs using tricycles loaded with audio-visual gear to entertain citizens and an electrical engineering professor who invented a pollution-absorbing bikini.
Step aside, Lego Friends. GoldieBlox is doing construction toys for girls the right way by combining stories with building skills and keeping the color pink down to reasonable level.
Architecture and engineering students are finishing construction of green homes powered only by the sun for the Solar Decathlon competition in Washington.
Nauticus Networks announced Tuesday that it has added an additional $5 million from Advent International in its second round of funding and has closed the round at $26 million. The company makes networking equipment for business data centers and will use the recent funding to expand its sales, marketing and engineering activities. Advent contributed $1 million last April in the initial closing of the second round, which totaled $21 million. Advent joined other investors in April, including Charles River Ventures, Matrix Partners and North Bridge Venture Partners--the three venture capital firms that also funded the company's $12.5 million first round in February 2001. Framingham, Mass.-based Nauticus has raised more than $38 million since its founding in October 2000.
InterWorld, a provider of enterprise commerce software, said Tuesday that Crane Supply, a division of Crane Canada and a subsidiary of Crane Co., is using InterWorld Commerce Suite to build its business-to-business network. Crane Supply is Canada's leading distributor of pipes, valves and fittings, selling to mechanical contractors, industrial plants, fabricators and engineering procurement and construction companies. InterWorld builds software that enables sales channel management, customer relationship management and integration.
Citadon said Tuesday that Bernard Fried has been named president and CEO, effective immediately. Fried joins the San Francisco-based e-commerce company, which has created software for more than 1,400 building and engineering projects, from the Bechtel Group, one of the world's largest privately owned global engineering and construction companies. During his four-year tenure at Bechtel, Fried was the CFO for Bechtel Enterprises, the finance, development and ownership arm of the Bechtel Group. Prior to joining Bechtel, he held multiple finance positions in several different countries for ABB, most notably as global vice president for corporate finance in Zurich, ABB's Swiss head office. Rob Majteles, Citadon's interim president and CEO, will continue to serve as company chairman.
Williams Communications, a wholesale communications carrier, has completed construction on 26,000 route miles of its proposed 33,000-mile fiber-optic network. The company expects to finish the network, which will link 125 U.S. cities, by the end of the year. Separately, Williams signed a three-year deal with iBeam Broadcasting, a satellite data distributor, to provide iBeam with network and backup satellite capacity via Vyvx, Williams' hybrid fiber-optic-satellite service.
Cubus, a two-year old Internet firm founded by former Autodesk employees, develops software which simplifies some of the time-consuming processes in the construction, engineering, and architecture worlds.
Professional services giant Computer Sciences won a U.S. Navy computer services contract worth approximately $500 million over a 15-year period. CSC becomes one of 21 companies that will work on an estimated $14.5 billion project to provide professional support services to the Naval Sea Systems Command (NAVSEA) and its affiliated offices. For its part in the project, CSC, based in El Segundo, Calif., will provide engineering, program management and financial management services to support NAVSEA through various phases of ship and weapon systems cycles including technology development, design, construction, production and maintenance. Work will be performed by CSC's Defense Group and involves about 250 employees working on the project in several U.S. states. CSC, which has recently nabbed a number of services contracts in the government sector, said it is teaming with 33 small businesses to help support the project.