News
Cognex revenue boost with $65m order
Cognex has received a large order in the factory automation sector, which contributed significantly to the highest quarterly revenue, net income and earnings per share in the company’s 33-year history. Revenue for the third quarter of 2014 was $169.4 million, an increase of 87 per cent over Q3 2013 and 56 per cent over Q2 2014. The company received $65 million of revenue from a single customer in Q3 2014 working in the factory automation sector. The factory automation market revenue increased 103 per cent year-on-year and 75 per cent sequentially to set a new quarterly record of $146 million. Cognex expects revenue for Q4 2014 to
be between $111 million and $114 million, a decrease on Q3 results since the large order it received in Q3 will not be repeated in the fourth quarter. This revenue range, however, represents an increase of 16 per cent to 19 per cent over the revenue reported for Q4 2013. Dr Robert Shillman, chairman of Cognex, commented: ‘Operating margin expanded to 35 per cent, despite the significant investments we made during the quarter.’
Imaging hub wins £29m in funding
A Quantum Imaging Hub, led by the University of Glasgow, will receive £29 million in funding over the next five years from the UK Engineering and Physical Sciences Research Council (EPSRC), it has been announced. Te consortium of universities and businesses
will develop quantum technologies including cameras that use just a single pixel to see through smoke, imaging systems which can time light to see around corners, and miniature structures to create earthquake warning systems. Te hub brings together the universities
of Glasgow, Bristol, Edinburgh, Heriot-Watt, Oxford and Strathclyde with more than 30 industry partners. Te hub’s lead academic is Professor Miles
Padgett of the University of Glasgow. Padgett said: ‘Te hub’s vision is to work in partnership with industry to translate our world-leading discovery science into revolutionary imaging systems that will benefit the UK economy across
commercial, scientific and security sectors.’ One University of Glasgow-led project uses
cheap, simple single-pixel sensors to build sophisticated ultraviolet or infrared video images much more affordably and conveniently than has been possible before. Te sensors could be used in applications such as visualising gas leaks, seeing clearly through smoke, or looking under skin for tumours. A second project, also led by the University
of Glasgow, will use springs 10 times thinner than a human hair to image minute changes in gravity fields. Te work will enable a range of applications,
including finding landmines, tracking magma moving under volcanoes and monitoring oil reserves to maximise extraction. A new camera development led by Heriot-
Watt University uses highly advanced photon- timing techniques to recognise objects around corners, as well as images through walls or opaque biological tissue.
The New GENERATION
Performance to the highest level. Evolutionary products that redefine limits.
www.alysium.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48