EIB invests $58.7M into Comau’s Italian facilities

The financial investment right into Comau is meant to enhance Europe’s commercial competition.|Resource: Comau

The European Financial Investment Financial Institution, or EIB, and Comau S.p.A. recently stated they have actually authorized a money agreement worth EUR50 million, or around $58.7 million united state. The agreement will certainly sustain Comau’s r & d in the areas of robotics, progressed automation, device devices advancement, and digitalization.

” Comau continuously buys the advancement of cutting-edge expertises and innovations,” specified Pietro Gorlier, Chief Executive Officer of Comau. “These are a crucial motorist for the development of the European production system, making it possible for firms to contend internationally in fields of certain significance to today and future of sector, such as batteries, aerospace, building and construction, logistics, and renewable resource.”

” The assistance of the European Financial investment Financial institution offers us better stamina to seek our lasting advancement technique, focused on making and generating innovative automation remedies that allow us to fulfill the obstacles of a market noted by extensive unpredictability and fast technical makeover,” he included.

Comau’s profile consists of systems for lorry production, shipbuilding, and various other markets. The Turin, Italy-based business likewise supplies job administration and working as a consultant solutions and has actually a worldwide acknowledged training academy.

Additionally, Comau has a global network of 7 development facilities and 11 factory throughout 11 nations. It utilizes 3,800 individuals and just recently presented its MyCo pressure- and power-limited robotic line.

Comau to develop innovative robot geometries

The collaboration will certainly target both automobile and fixed batteries, in addition to different commercial fields, consisting of aerospace, building and construction, and logistics. The financial investments will certainly be focused mostly in Italy, especially for Comau’s r & d centers in Turin and Bari.

Comau stated the financial investment will certainly allow it to develop innovative geometries that are not viable with typical production techniques. These might allow firms to create facility and personalized components as needed via a very versatile and cost-efficient system.

A crucial element of the financial investments is the development of Comau’s applications in the renewable resource and hydrogen gas cell fields. The EIB stated its financing is likewise meant to sustain a pivot by the automobile industry towards automation for innovative production and to batteries and battery recycling.

EIB buys Italian development

InvestEU, the European Union’s financial investment program, is sustaining the procedure. The EIB Team stated it has actually currently opened greater than EUR4 billion ($ 4.7 billion) in Italy via its TechEU program.

TechEU is investing EUR70 billion ($ 82.3 billion) to speed up development in Europe via equity, quasi-equity, car loan, and assurance financial investments. Comau stated it intends to sustain the competition of Europe’s worth chain in innovative production innovations.

” Sustaining Europe’s commercial development and shift to an extra electronic, lasting, and affordable manufacturing design is a concern at the heart of the InvestEU program, of which the EIB Team is the primary applying companion,” stated Gelsomina Vigliotti, vice head of state at the EIB. “Purchasing innovative robotics, automation, and e-mobility will certainly enhance Europe’s management in modern technology, add to the development of proficient work, and assistance European firms in the significant commercial changes presently occurring.”

Comau last month stated it is adding to the EU’s CONVERGING job, which intends to progress clever and reconfigurable manufacturing systems to fulfill the obstacles of modern-day production. The business prepares to incorporate cobots, self-governing assisted automobiles (AGVs), expert system, and human drivers.

The message EIB spends $58.7 M right into Comau’s Italian centers showed up initially on The Robotic Record.