Press Releases
WOOSTER, OH – RBB is pleased to announce that we have entered a strategic partnership with LogiSync, LLC. This will help us to expand our existing in-house design capabilities and further strengthen our position in the field of electronics. This deal increases the services we offer our clients. We will use the latest design tools and technology from LogiSync to produce leading-edge, quality designs.
Since 1973, RBB has established a reputation for quality service in the manufacturing industry. A new partnership empowers our design and engineering capabilities to leverage technology expertise and bring innovative design solutions to our clients. LogiSync, established in 1993, is a company that has experience and uses the finest design tools and technologies to contribute to this partnership. Both companies were established in Northeast Ohio and will continue from RBB’s Wooster, Ohio headquarters to serve the region and beyond.
Through this alliance, we offer in-house design, which carries out the design process to improve efficiency and ensure timely delivery with exceptional client results. This also creates closer collaboration with our clients to understand their needs better and efficiently deliver customized design solutions.
The partnership with LogiSync strongly reflects our expanded design development capability. Embracing 31 years of LogiSync technical experience positions us to provide world-class design solutions that set new industry creativity and innovation benchmarks. That is our commitment to excellence and dedication to giving our clients new and sustained product development engineering support.
The alliance is also a win-win for LogiSync and its clients. With RBB’s production and prototype facilities, LogiSync’s engineering has access to more innovative and efficient manufacturing techniques. This contract stands for excellence, strengthening our well-established leadership in this industry while raising new benchmarks for creativity and innovation.
BUDAPEST – Danutek Hungary Kft., a leading supplier of capital equipment and service support to the European electronics manufacturing sector, has expanded its technical team to meet the increasing demand for advanced manufacturing solutions. With over a decade of industry experience, Zoltán Dávid joins the team to enhance service capabilities in the fast-evolving areas of coating, dispensing, and X-ray technologies.
This expansion aligns with Danutek Hungary's continued growth, particularly in dispensing technologies, supported by its strong partnership with Axxon Mycronic, a leading global supplier of dispense and conformal coating systems. As this partnership strengthens, more systems are being installed across the region.
Roland Losonczi, Technical Support Manager at Danutek Hungary Kft., said: “Finding the right person to join our team is critical for Danutek, as we hold ourselves to high standards. Technical knowledge is essential, but equally important are cultural fit and work ethic. While we are proud of our exceptional brands, the way we support our customers throughout the lifecycle of their machines is vital for securing repeat business. Zoltán has already proven to be a valuable addition, and I look forward to seeing how he continues to grow within our team, enhancing our ability to support end users.”
Zoltán’s addition comes in response to key industry trends, including the rising adoption of advanced dispensing systems across various electronics manufacturing sectors. At the same time, the demand for high-precision X-ray inspection solutions—such as X-ray counters, Batch 2D X-ray, Inline AXI X-ray, and CT X-ray units—has significantly increased. These developments have created a need for specialised technical support in implementing and maintaining these innovative technologies.
Danutek Hungary Kft. is at the forefront of advancements in the electronics industry. By expanding its technical team, the company demonstrates its commitment to providing effective solutions and exceptional support throughout the entire lifecycle of its equipment.
SEOUL, KOREA – PEMTRON, an inspection equipment developer and supplier, is pleased to announce that it will be exhibiting its innovative D2 (Dual Lane & Dual Head) Series at SMTA Tijuana, scheduled to take place Nov. 7, 2024 at the Quartz Hotel Tijuana. The D2 System is revolutionizing the field of Solder Paste Inspection (SPI) with its industry-leading dual lanes and dual heads feature, allowing for the simultaneous inspection of two different PCBs. This cutting- edge technology dramatically enhances productivity and throughput, making it a vital tool for high-demand manufacturing environments.
The D2 System’s exceptional versatility is demonstrated through its ability to handle a variety of board configurations, including 8way + 4way, 12way + 4way, and 8way + 8way. This capability sets new standards for efficiency and flexibility, offering manufacturers a comprehensive inspection solution that meets diverse production needs. Additionally, the system is equipped with tele-centric lenses, high- speed CPUs, and advanced image processing technology, ensuring precise and reliable operation.
With a built-in library management system and an offline real-time debug station, the D2 System enhances user experience, making it easier to manage and adjust inspection processes. Its customizable design allows for tailored solutions, ensuring that manufacturers can meet specific production requirements with ease.
Visit PEMTRON at SMTA Tijuana to experience the future of SPI and discover how the D2 System can transform your inspection capabilities. For more information about PEMTRON, please visit www.pemtron.com
RONKONKOMA, NY – Surf-Tech Manufacturing Corp., a multi-faceted provider of contract manufacturing services, is pleased to announce the appointment of Bill Hackett, President of Advanced Technology Solutions (ATS), as its new representative. This strategic partnership reflects Surf-Tech’s commitment to expanding its reach and enhancing its offerings to customers on the East Coast.
With more than 25 years of experience in the electronics manufacturing industry, Bill Hackett has held key leadership positions across North America and globally. His career includes serving as President of North America for a Swedish PCB producer, Director of Global Sales for a domestic PCB manufacturer, and Sales Manager roles with prominent CM/EMS companies. His extensive expertise and industry knowledge make him uniquely suited to represent Surf-Tech’s robust manufacturing capabilities.
Hackett founded ATS nearly two and a half years ago, establishing the firm as a global manufacturers’ representative with strategic support across Asia, North America and Europe. Through this collaboration, Hackett will leverage his global network and deep understanding of the PCB and EMS sectors to support Surf-Tech’s growth and customer engagement.
"Bill’s leadership and vast experience make him an invaluable addition to the Surf-Tech team," said Stephen Eggart, President of Surf-Tech Manufacturing Corp. "His ability to navigate complex global markets and his proven track record in the industry align perfectly with our goals for expanding our reach and delivering world-class manufacturing solutions to our clients."
Surf-Tech Manufacturing Corp. is known for its extensive contract manufacturing services, including Surface Mount Technology (SMT) and Through-Hole Assembly, Electro-Mechanical (Box-Build) Assembly, and BGA Rework. The company also offers turnkey solutions, materials management expertise, and quick-turn prototype services, ensuring that each client’s specific needs are met with precision and care. With certifications such as ISO 9001:2015, ITAR registration, and adherence to IPC-A-610 standards, Surf-Tech continues to deliver quality and reliability across industries.
"I’m excited to partner with Surf-Tech Manufacturing Corp. to bring their extensive capabilities to a broader market," said Bill Hackett, President of Advanced Technology Solutions. "Their commitment to quality aligns perfectly with my vision for providing advanced manufacturing solutions to customers worldwide."
For more information, visit www.surftechmfg.com
CHARLOTTE, NC – Family-owned electronics assemblies manufacturing company expands to support economic development and growth of the electronics industry and bolster the local economy. “This move is a strategic decision and vision for the future allows us to better serve our customers in the electronics manufacturing industry and expand our reach in the US and global market,” said Ketul Gondha, President/CEO.
The new facility at 10100 Sardis Crossing Drive Charlotte, NC, 28270 consolidates their two existing facilities with 37,000+ square feet of production space designed for adaptability, plus seven acres of land for future expansion. American Circuits, Inc. can shift production sequences, reallocate resources, and utilize increased capacity to service customers in Health Tech, Military, Transportation, Energy and a multitude of other industries. American Circuits, Inc. is ISO 9001 Certified and ITAR Registered.
American Circuits, Inc. is a leading electronics assemblies manufacturing company supplying critical electronic products, service portfolio includes Printed Circuit Boards (PCB), PCB Reverse Engineering, unmatched Electro-Mechanical Assembly Services, Kitting Service, Testing and Design services wire harness and cable assembly. A manufacturer of parts, and supplier of engineering services to over 200 companies in end-markets including healthcare, defense, manufacturing, energy, transportation and logistics, financial services, food and agriculture, water and wastewater treatment, and public works, among others.
NEW YORK – This week saw two major announcements in the US air taxi sector. Joby Aviation raised another $500M from prior-backer and partner Toyota and Beta Technologies unveiled Monday a new passenger-carrying vehicle. While still in its nascent stages, the electric vertical take-off and landing (eVTOL) taxi market presents a compelling longer-term investment opportunity, particularly in the US and Korea. Driven by eVTOL tech advancements, a growing need for efficient urban transport solutions, and supportive government initiatives, the market looks to be poised for lift off.
Market Growth and Drivers
The global air taxi market is projected to experience significant growth, with estimates ranging from $4.04 billion at a CAGR of 23% to USD 8 billion by 2030-32. North America dominated the global market in 2023 with 30%+, due to technological innovation, investment, and favorable regulations. Key growth factors include:
- Advancements in high-energy-density batteries and efficient electric propulsion have extended flight ranges, and increased safety and reliability.
- Air taxis offer a potential solution to traffic Congestion in major cities by utilizing airspace, providing faster and more efficient point-to-point travel.
- The FAA is actively working on regulatory and certification processes and air traffic management systems for low-altitude urban airspace.
- An Influx of capital from VCs, tech giants, and established aerospace manufacturers is driving innovation and accelerating commercialization.
Key Players and Strategies
California startup Joby Aviation is a leading market contender backed by a substantial investment from Toyota now $894M. Its focus is now on obtaining FAA Type 2 Certification for commercial ops and scaling up production with Toyota's support. Joby acquired Uber’s air taxi moonshot Elevate in 2020 in a deal that saw Uber invest $75M, and it aims to make trips as affordable as an Uber Black.
LA’s Archer Aviation is another key US player. Its strategy centers around leveraging existing infrastructure like unused airports and helipads to minimize initial investment. Its data-driven approach to vertiport location selection, using customer data from partners like Southwest and United Airlines, ensures high demand and efficient routing and offers seamless integration with existing airline networks. Archer also has a partnership with automaker Stellantis, and aims to serve LA’s SoFi Stadium for major sport events like the 2026 World Cup, and the 2028 Olympics.
Vermont’s Beta Technologies has raised $860M+ from investors like Amazon. Its core strategy is to sell aircraft and infrastructure to defense, cargo, and medical logistics companies with existing UPS and U.S. Air Force deals. Beta is also expanding into air taxis by adapting its existing eVTOL aircraft. Its cargo focus and partnerships with potential customers like Blade give it a potential advantage.
Market Challenges
While the air taxi industry holds promise, challenges include:
- A lengthy and stringent Certification and Safety process.
- Development of supporting infrastructure like vertiports, charging stations, and maintenance facilities through public/private sector collaboration.
- Solving financial viability to move from R&D/testing to commercialization will require substantial investment and strong demand, which isn’t yet certain.
Investment Landscape and Opportunities
So how realistic is the investment opportunity?
- High Upside Potential with the industry still in its early stages.
- Cutting-edge Tech Proxy. The sector is driven by rapid tech advancements in battery tech, autonomous flight, and AI, so offers good exposure to these.
- The growing number of strategic partnerships between startups, aerospace & tech companies, and airlines gives the sector a degree of credibility and inevitability.
- Government Support through funding, regulatory initiatives, and pilot programs also gives it credibility.
Korea: Another Promising Market
With its focus on technological innovation and urban mobility solutions, South Korea is emerging as a significant player in the air taxi market. The Korean government's support through regulatory initiatives and pilot projects, coupled with investments in infrastructure development, creates a favorable environment. Archer has strategic partnerships with local ride-sharing player Kakao Mobility to integrate into its mobile app. Supernal, a Hyundai subsidiary, is also developing an eVTOL aircraft, targeting commercial passenger flights by 2028.
Conclusion
While challenges remain, the market's high growth potential, tech advancements, industry interest and increasing traction offer significant opportunities for investors. As the industry matures, investors who identify and back the right flying horses could reap substantial rewards. Air taxi companies like Archer and Joby are incurring deep R&D and logistics losses, per SEC filings, and this will only increase as they scale up so they likely won’t be profitable any time soon. This looks like another long- to mid-term play in the current environment unless the government intervenes.
Press Releases
- Absolute EMS Passes AS9100D, ISO 13485:2016, and ISO 9001:2015 Surveillance Audits with Zero Findings; Ray Amirkiai Comments
- Stannol Welcomes James Wertin as Director of Technical Sales and Solutions – North America; Thomas Ruch Comments
- APE, Automated Production Equipment, Marks 56-year Milestone
- Kitron Signs Multi-Year Agreement for Advanced Sensor Manufacturing in Europe; Kristoffer Asklöv Comments