The DCP has a new architecture, that can accomplish the same efficiency with smaller kW motors, thanks to a new MasterSlave, closing unit, an improved PLC control and a new Injection Accumulator charging unit, that charges independently from the closing and core puller system. 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. It is believed that this particular 9,000-ton press will be used to create Tesla Cybertruck frames by die-casting aluminum and this seems to be confirmed by IDRA itself as per the YouTube video description excerpt added above that mentions light trucks. (Podcast). 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. The company offers cooling tanks, tie bars, conveyor belts and cast ejection devices, die lubricators and thermoregulation devices helping clients with reliability, sturdiness, innovative technology and ease of use and maintenance products. Tesla has since reportedly ordered many of those machines to deploy at new . Create your Watchlist to save your favorite quotes on Nasdaq.com. [3], By 1956, Idra was seeking to export its die-casting machines outside Italy. MANAGEMENT TEAMProud of our Italian character, we export IDRA innovation all over the world. TSLA Stock and the Giga Press. Now, IDRA has revealed their latest creation - a 9,000 ton Giga Press. Consumo di fluido idraulico ridotto fino al 54%. A new video from the manufacturer of Tesla's Giga Press gives details on the machine the automaker intends to use to use to stamp out the Cybertruck. Apparently, this allowed Tesla to eliminate some 300 robots that helped put all those 70 parts together, thus speeding up the car building process, while also reducing complexity and manufacturing cost. Joanna Makris is a Market Analyst atInvestorPlace.com. The Giga Press program is a series of aluminium die casting machines manufactured by Idra Group in Italy. Sustainable factory environment taken into consideration at the design stage. So well be using an 8,000-ton casting press for the rear body casting as opposed to the 6,000-ton for the Model Y.". For all of today's Tesla news, please see the included video. Additionally, these gigantic die casting machines are as big as a house and capable of casting extremely large components. IDRA has got the first order in the world for one OL 5.500 CS HPDC machine. Anchored by Anna Edwards and Mark Cudmore, Bloomberg Markets Europe is a fast-paced hour of news and analysis, building towards the drama and excitement of the start of the cash trade across the continent. But theres a lot more the company could do with it and a lot more ways TSLA stock could gain. Tesla (NASDAQ:TSLA) and TSLA stock are revving up again as the company nears the start of manufacturing at its new gigafactory, Berlin-Brandenburg. A reality that IDRA and the team behind the Giga Press have been able to execute in a very short space of time following the very high demand of our customer from all around. A new Tesla giga pressa diecasting machine that promises to upend automotive manufacturingis almost ready to go. However, we do know that Tesla has already purchased many of the company's 6,000-ton diecasting machines. Imagine a single piece of cast aluminum that. Tesla CEO Elon Musk responded to the tweet later in the day: While we were pretty confident based on Musk's previous comments, this is the first official confirmation from the CEO that the 9,000-ton Giga Press will be used for the Tesla Cybertruck's body. Closed loop regenerative injection with aux servo pump for efficient recharge. Giga Press also offers unparalleled guaranteed long life and reliability. Musk and Tesla floated around the idea of a smaller, $25,000 Tesla, but that project seems to be on hold, at least for now. The innovative system comes with reduced manufacturing costs and impact: the toggle guarding can now be eliminated using a closed system with light barrier protection, and difficult to manufacture sheet metal gear guards are no longer needed. MANAGEMENT TEAMProud of our Italian character, we export IDRA innovation all over the world. The video from IDRA Group General Manager Riccardo Ferrario did not name Tesla, but announced that an electric car manufacturer ordered the first 8,000-ton die-casting machine. (301312N 973701W / 30.22N 97.617W / 30.22; -97.617 (Tesla Die Casting Machine: 3 foundations for Giga Press)), On 21 January 2021 the first Giga Press components started to arrive on site. Let us know in the comment section below. Win whats next. [38] By the end of January 2021 one compression platten had been lifted into place, with the other two ready for craning. 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. 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. From a single Cell Controller unit, you can now control the DCM and all the peripherals of the automation cell with an easy to read, easy to customize user interface. In terms of twelve month growth in earnings before interest and taxes, GIGA TRONICS INC . NEWSInsights into the world of die casting. Sustainable factory environment taken into consideration at the design stage. Description. 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. (Idra Group) It's not clear if the press was involved in Model Y production yet, but it will be needed to ramp up the assembly of the. On the date of publication, Joanna Makris did not have (either directly or indirectly) any positions in the securities mentioned in this article. [5], During Italy's Years of Lead in the 1970s, Giovanni Maifredi worked at Idra as a warehouse worker, having been provided with a job without having any qualifications. The new XPress machine by Idra represents a new experience in Die Casting from many points of view. Idera is a biopharmaceutical company focused on rare diseases. Email me at jmakris@investorplace.com. Easy integration with the best in market products. Most Popular Stories View All Get Free Updates Seven are in operation, five are being installed at customers' plants and 10 still need to be delivered. Riccardo Ferrario, General Manager of Idra Group was confirmed a few days ago as President of. 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. 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.. [34][35] CATALOGUES E DATASHEETIn this area you can consult catalogues and individual datasheets. [24], As of July2020[update] plans for the Tesla Giga Berlin factory in Brandenburg included provision and piling foundations for eight 6,100-tonne-force (60,000kN) die casting machines. no comment. The parts also need to be packed with special materials to preserve the Giga Press. (305219N 1214619E / 30.872N 121.772E / 30.872; 121.772 (Tesla Die Casting Machine: 3 Impress-Plus DCC6000)), By one year later in October 2021, five machines were available at Giga Shanghai. The new Giga Press is the one that Tesla CEO Elon Musk talked about during the Q4 2020 Earnings Call. [3], By 2016, LK Machinery had acquired the remainder of the outstanding shares. Sandy Munro Checks Out IDRA's 9,000 Ton Giga Press, Check Out The Impressive Tesla Giga Press By IDRA In Action, Tesla Model Y "Project Juniper" Refresh Reportedly Underway, Toyota Engineers After Tesla Model Y Teardown: "A Work Of Art", Tesla Launches Non-Tesla Supercharging In US With "Magic Dock", Watch New Tesla Model S Get Totaled Three Hours After Delivery, Rivian Burning Through Cash, Demand Is A Concern Going Forward, We Charge A Ford F-150 Lightning With Tesla's Magic Dock, UPDATE: Rivian Recalls 12,700 R1T And R1S EVs For Faulty Airbag Sensor, Chinese E-Bike Firm Tenways Launches The New CGO600 Pro, 2023 Hyundai Kona Electric: 258 Miles EPA Range, No Federal Tax Credit, UPDATE: Best EV Lease Deals And Financing Incentives In March 2023. A high-level overview of Aceragen, Inc. (ACGN) stock. Manufacturer of die-casting machines in Europe, China and the across the world. Find the latest Giga-tronics Incorporated (GIGA) stock quote, history, news and other vital information to help you with your stock trading and investing. Die casting will also significantly reduce the number of assembled parts. ; originally Idra Presse S.p.A.) is a manufacturer of die castingmachinery, founded in 1946 in Brescia, Italy. Each piece can be made in approximately one to two minutes. (.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}372951N 1215646W / 37.4975N 121.946W / 37.4975; -121.946 (Tesla Die Casting Machine (DCM1 + DCM2): Giga Press OL6100 CS)Coordinates: 372951N 1215646W / 37.4975N 121.946W / 37.4975; -121.946 (Tesla Die Casting Machine (DCM1 + DCM2): Giga Press OL6100 CS)), During September 2020 the first Giga Press at Fremont (DCM1) started producing trial runs of the Model Y single-piece rear casting,[23] and the second Giga Press at Fremont (DCM2) had been installed. Forever philosophy: eco-sustainability and efficiency. Its clear that the Giga Press can bring immediate cost and efficiency advantages to Teslas already colossal manufacturing process. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Efficiency, technology and eco-sustainability take diecasting to a new level. Energy efficient motors with speed control.Minimized injection pressure loss and accumulator recharge time. The following insiders have purchased IDRA shares in the last 24 months: Daniel B Soland ($98,500.00), and John J Kirby ($6,100.00). "Our mission is and will be the design and manufacture of die casting presses and automated cells for the light alloy foundry business worldwide. The Berlin plant is a key part of that focus. Let us leave our children and grandchildren a bettera better planet than the onewe have found. producesthe most easy to use and performing die cast machines in the market. IDRA is the company that makes Tesla's "Giga Press" casting machines, which the automaker uses to diecast large vehicle parts. This is a profile preview from the PitchBook Platform. But the new Berlin plant is also important for another reason: it could change the economics of EV manufacturing altogether. FOUNDRY STAR ALLIANCETo support the very rapid growth of the global HPDC light alloy markets. 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. It's now reality. INDUSTRY 4.0The future is connected: less waste and more efficiency. 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 . [f 5][f 6], During July 2020, relocation of electrical equipment and raising of a compressed air pipeline by 1.8 metres (6ft) were required; these steps were to enable installation of the drilling and tapping ("Drill & Tap") area for the "DCM1" Giga Press-based casting line at the Fremont factory. A precise amount of molten metal is pumped from the holding oven into the casting chamber of the Giga Press at 750C (1,400F), and forced into the mold using a high-speed plunger with an additional 8 millilitres (0.28impfloz; 0.27USfloz) of lubricant. In a video released by the company we see this absolutely colossal machine being assembled at their facility in Travagliato, Italy. Y. `` extremely large components have found by the company 's 6,000-ton diecasting machines casting from many points view! 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idra giga press stock symbol