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JPB Système, the leading manufacturer of efficiency-enhancing technology solutions for aerospace, aeronautic and other industries, has announced the appointment of Gregory Chauvet as General Manager. Chauvet brings with him over 20 years of experience, having held senior commercial and management positions in a number of prominent and market leading businesses. He joins the company from Rolls Royce Solutions France, where he was Managing Director since 2015.

Startups working to move European manufacturing into the future can join a pitch competition to meet industry leaders, woo investors and battle for cash prizes in EIT Manufacturing’s BoostUp! 2022 competition. The competition Grand Final will be held in Athens, Greece.

Chroma Technology announced today that its ContrastMax SWIR optical filters for machine vision and remote sensing were recognized among the best in machine vision today by the judges of the Vision Systems Design 2022 Innovators Awards program at the Automate Show in Detroit, MI. The judging panel consisted of esteemed experts from system integrators and end-user companies.

EIT Manufacturing enlisted support for its Moonshot Call, an initiative which seeks disruptive solutions that can decarbonise manufacturing, in front of an exclusive audience of forward-thinking executives, entrepreneurs, investors and startups at The Green Accelerator in Davos, Switzerland, on 25 May 2022.

Reiterates FY2022 Revenue Guidance of $89 Million on Q1 Execution, Record Backlog

• Record revenue – 17% sequential increase, >900% YoY
• Increasing demand reflected in record total backlog – up >80% YoY to $55 million
• 2022 confidence – Q122 revenue / backlog account for >75% of 2022 revenue guidance
• Manufacturing execution – initiated volume production of Sapphire XC during quarter
• Maintained strong balance sheet – exited Q122 with $186 million in cash

The Compound Company, a leading developer and manufacturer of compounds, announced it has acquired the production site, product portfolio and customer base for Exxelor™ polymer resins from ESSO Deutschland GmbH , ExxonMobil in Cologne, Germany. The acquisition will increase the global production capacity of The Compound Company to about 70 kilotons per year and significantly expand the group’s reach into new markets.

The addition brings decades of experience working with companies and engineers in aviation, aerospace, and defense to the board

Company also announces the planned resignations of 4 board members post the successful completion of its public listing on the New York Stock Exchange

Exceeded Fourth Quarter and Full Year Revenue Forecast
Reiterates Previous FY2022 Revenue Guidance of $89 Million

• Exceeded revenue forecast – 20% sequential increase / 45% growth vs FY 2020
• Shipped first Sapphire XC system to aerospace customer in Q421
• Achieved 2021 shipments goal of 23 systems - 77% year over year growth
• Continued bookings strength – 34 systems booked in 2021 versus goal of 24
• Significant backlog for 2022 – 23 Sapphire systems (18 Sapphire XC)

- Dassault Systèmes is gearing up for the future with leadership continuity and a combination of top talent from multiple generations on its Executive Committee

- Pascal Daloz will focus on his role as Chief Operating Officer, a position he was appointed to in 2020

- Rouven Bergmann is appointed executive vice president, chief financial officer

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