MANAGEMENT TEAMProud of our Italian character, we export IDRA innovation all over the world. During May/June 2022, Idra were assembling a 9,000 tonnes-force (88,000kN) Giga Press. [f 7][f 8] Several platforms required installing. Clearly, it could be yet another boon for TSLA stock. For all of today's Tesla news, please see the included video. IDRA focuses on powerful and sophisticated machines for a demanding market such as the automotive industry, and it became the first company to build machines for structural elements with many years of experience including magnesium components. [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. Now the company say sit has completed assembly and testing of this gargantuan press and it reportedly has already arrived in the United States. 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. Elon Musk clearly has profitability on his mind. (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. Helping to lower industrial production costs. ", "Will be amazing to see it in operation! Die casting will also significantly reduce the number of assembled parts. SERVICESTraining courses, seminars on products and process innovation. OL CSmachines are designed for high performance and constant product quality. It has a clamping force of 55,000 to 61,000 kilonewtons (5,600 to 6,200 tf). [f 11][f 12], By early-August 2020, the casting cell and first Giga Press were substantially complete, having been assembled in the open air at the north end of the General Assembly building. Giga Press also offers unparalleled guaranteed long life and reliability. MANAGEMENT TEAMProud of our Italian character, we export IDRA innovation all over the world. Above: A look at the Giga Press (Source: Idra Group) Tesla put its first Giga Press into operation at the Fremont factory in 2020. Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. Notably, the company has commissioned an even larger die casting machine to make chassis components for its planned Cybertruck pick-up. [2] [3] Each machine weighs 410-430 tonnes (900,000-950,000 lb). Its pipeline includes several promising drugs, including the Phase 2 clinical trial of IMO-8400, a potential treatment for Dermatomyositis . Monitor your investments 24 hours a day, around the clock from around the globe. VIDEO AND DOCUMENTARIESProduct Stories, Inside and Educational videos. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Tesla's Giga Press supplier IDRA Group has shared a teaser of their first ever 9,000 ton die casting machine.. IDRA shared a photo of the 9,000 ton Giga Press to their LinkedIn page, showing off the machine's impressive scale with an employee standing in front of it. Your comments and feedback are always welcome. High dynamic force necessary to fill difficult castings. [25][26] Joanna Makris for [42] The machine is used for producing large Faraday cages (radio-frequency enclosures) for 5G mobile base stations. P.Iva 03095610170, Privacy Policy | Cookie Policy| Info Company| Code of Ethics | Credits, Same passion, after more than 70 years of history. 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. HISTORYThe technological benchmark in light alloy of light alloys for over 70 years. Copy and paste multiple symbols separated by spaces. Musk talks a lot about robot automation and it may be the companys secret weapon to increase manufacturing speed while lowering costs. Seven are in operation, five are being installed at customers' plants and 10 still need to be delivered. [36][37], On 22 January 2021 the base frame of the first Giga Press was unboxed and moved into position. The Giga Press needs to be disassembled and packed together, which takes a couple weeks. The remaining useful part of the casting is X-rayed to check the internal structure, trimmed by laser, drilled for fittings, and then computer-measured for accuracy. The post Teslas New Giga Press Is Not Toying Around appeared first on InvestorPlace. 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. This shows, at least to a point, that. [1] The company is notable for producing the largest high-pressure die casting machines in the world. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. IDRA GROUP | Important Announcement - Giga Press (Riccardo Ferrario - general manager)00:00 Welcome / Intro00:36 What is Giga Press and which are Giga Press . Win whats next. 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. Manufacturer of die-casting machines in Europe, China and the across the world. Today's 52-Week Highs; . 7 Tech Stocks That Could Rally In December, Teslas New Giga Press Is Not Toying Around, Do Not Sell My Personal Information (CA Residents Only). At any rate, vocal Tesla fan and investor Sawyer Merritt shared a clip from IDRA's latest video. [28] The first 12 Giga Press machines at Berlin will be required for the Model Y chassis production, with the remainder allowing flexibility in casting large numbers of parts quickly. The Giga Press program is a series of aluminium die casting machines manufactured by Idra Group in Italy. CERTIFICATIONSCertified excellenceISO 9001:2015 | ISO 14002:2015 | ISO 45001:2018, VISION & MISSIONInnovation is in our DNA: always serving competitive and successful customers. Following the Piazza della Loggia bombing in Brescia on 28 May 1974, Idra factory workers organised a fifteen-day strike action and picket line outside the Idra factory. Specifically, the plant is home to the Giga Press, a die casting machine that is expected to significantly speed up production and reduce costs. [7], For the Tesla's Giga Press-based casting operation, ingots and off-cuts of aluminium are melted in a natural gas-powered melting oven operating at 850C (1,600F), until liquid. Idera Pharmaceuticals, Inc. (IDRA) NasdaqCM - NasdaqCM Real Time Price. As of October2021[update] Tesla had five casting machines installed at Giga Shanghai, two machines installed at the Tesla Factory in California, two machines installed at Giga Berlin, and two machines at Giga Texasplus foundations in preparation for many additional Giga Press machines. Now. Lets continue the discussion. TSLA Stock and the Giga Press. 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. High efficiency and optimized energy usage. DREAMPRESS, the dream of die-casting This particular gigafactory uses a die casting machine made by Italian company Idra Group. The press will manufacture the chassis of a Tesla vehicle in one or two pieces, eliminating the need to assemble hundreds of individual parts. While this confirmation doesn't suggest that the Cybertruck is coming any time sooner, it does arguably suggest that the Tesla electric pickup is going to become a reality. IDRA is preparing their 9,000 ton press for an open house they are holding in early June. [38] By the end of January 2021 one compression platten had been lifted into place, with the other two ready for craning. Tietosuojakytnnstmme ja evstekytnnstmme voit lukea listietoa siit, miten kytmme tietojasi. "Our mission is and will be the design and manufacture of die casting presses and automated cells for the light alloy foundry business worldwide. IDRA has already supplied Tesla with Giga Presses, which is now in operation and is able to create an entire Model Y frame from just two separate stampings, far reducing the number of individual parts needed. "Idra Thinks Big: Growth, New Strategies and an Order for the Largest Press in the World", "Pubblicit IDRA Costruzioni Idromeccaniche Bresciane", "Il missino Degli Occhi di nuovo interrogato a Brescia Diecci ordini di cattura per gli attentati nel centro-Italia", "Strade e rond, rigenerazione a nord: L'ex Idra porta lavori per 3,2 milioni", https://en.wikipedia.org/w/index.php?title=Idra_Group&oldid=1108519520, Manufacturing companies established in 1944, Manufacturing companies established in 1946, Short description is different from Wikidata, Articles containing Italian-language text, Articles containing potentially dated statements from 2006, All articles containing potentially dated statements, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 4 September 2022, at 21:22. [33], During the night of 18/19 January 2021, concrete foundations for three Giga Press machines were poured at the Giga Texas factory location near Austin, Texas. The press is truly spectacular to see such a big piece of machinery in action, especially since it has massive visible moving parts. [7], Tesla's Model Y rear casting dies has four known visible parts: HISTORYThe technological benchmark in light alloy of light alloys for over 70 years. Additionally, these gigantic die casting machines are as big as a house and capable of casting extremely large components. 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. Die casting operates similarly to how toy cars are made. Type a symbol or company name. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. [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. Reducing complex electrical parts and stops. 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. However, we do know that Tesla has already purchased many of the company's 6,000-ton diecasting machines. Sustainable factory environment taken into consideration at the design stage. IDRA group discusses Giga Press orders, what does it mean for Tesla? Idra offers the Giga Press for various applications. Company profile page for Idra Srl/Stezzano including stock price, company news, press releases, executives, board members, and contact information Increased safety requirements for access while machine is running. Most Popular Stories View All Get Free Updates Giga Press is the first IDRAsystem fully designed for a sustainable foundry orEfficient Manufacturing Facility in order to meet theseamazing accomplishments: High efficiency and optimized energy usage. Source: Wikipedia via YouTube / Gabincal Current automobile chassis are made up of tens or . 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.". [12], Molten metal is pumped through heated pipes, and rotary degassing is performed to reduce porosity in the casting. How much insider buying is happening at Idera Pharmaceuticals? [32], For Tesla Model Y car production at Giga Texas beginning in 2022, Tesla deployed a single-piece front in addition to the existing single-piece rear casting. Designed with innovative solutions to meet all production requirements. Tesla hasnt released a delivery target for 2021, although the company has said it aims to increase deliveries by around 50 percent annually. Tesla has since reportedly ordered many of those machines to deploy at new . That's possible due to Tesla's first Giga Press, which was installed at the Fremont factory and put in operation last year. Genom att klicka p Godknn alla godknner du att Yahoo och vra partner behandlar din personliga information och anvnder tekniker som cookies fr att visa personliga annonser och innehll, mta annonser och innehll, f information om mlgruppen och utveckla produkter. Stock News. Since 2019, Idra has sold 22 Giga Presses. [6] The cycle time is ~8090 seconds,[2] allowing an output rate of 4045 completed castings per hour, or ~1,000 castings per day. 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. Get the full list, To view Idras complete acquisitions history, request access, To view Idras complete exits history, request access, Morningstar Institutional Equity Research, Method and apparatus for casting objects made of aluminum, aluminum alloys, light alloys, brass and the like, Injection assembly for pressure die casting systems. 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. [27] European Model Y cars will use a front chassis megacasting, in addition to the rear chassis megacasting. Preparations for the Drill and Tap (D&T) area required in-filling of a pit. Finally, robots clean and ready it for use. 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. FACTS&NUMBERSThe result of the actions of individuals that are enhanced by the work of a company. 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. A new Tesla giga pressa diecasting machine that promises to upend automotive manufacturingis almost ready to go. [f 9][f 10], At the end of July 2020, Tesla filed permit applications for construction work in preparation for Die-Casting Machine #2 (DCM2) at Fremont. (.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. In fact, people at the open house will get to watch IDRA assemble the Giga Press. FACTS&NUMBERSThe result of the actions of individuals that are enhanced by the work of a company. As the company moves to compete globally with lower-cost models from Chinese manufacturers, die casting could provide an incremental edge. This new technique is a revolutionary change. 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. What do you think? The new XPress machine by Idra represents a new experience in Die Casting from many points of view. IDRA has unveiled a giant 8,000-ton die-casting machine that will be the tool for the production of the iconic Tesla Cybertruck and possibly other Tesla cars. 5S is a closed loop regenerative injection with aux servo pump for efficient recharge, that gives you total control of pressure and velocity, with high dynamic force necessary to fill difficult castings, and an incredibile amount of technological enhancements to give you superior results. Its clear that the Giga Press can bring immediate cost and efficiency advantages to Teslas already colossal manufacturing process. According to Teslarati,Musk said in the past that the Cybertruck's rear body would require an 8,000-ton Giga Press, so it appears IDRA stepped it up a notch. GIGA Stock Summary. IDRA just posted a new video highlighting the assembly of its 9,000-ton "Giga Press" machine, which is rumored to be for the Tesla Cybertruck. They are notable for being the largest high-pressure die casting machines in current production, with a clamping force of 55,000 to 61,000 kilonewtons (5,600 to 6,200 tf). SERVICESTraining courses, seminars on products and process innovation. DOCUMENTATIONAll documentation relating to the IDRA Group. [22] Permits for the testing laboratory were filed during August 2020. Which Idera Pharmaceuticals insiders have been buying company stock? Idera Pharmaceuticals, Inc. focuses on the discovery, development, and commercialization of novel therapeutics for oncology and rare diseases in the United States. In a video released by the company we see this absolutely colossal machine being assembled at their facility in Travagliato, Italy. IDRA Cell Controller brings a new level of connectivity and integration, with a seamless flow of data IDRA Cell Controller exchange between DCM and the peripherals, to give you full control over production and process traceability. Imagine a single piece of cast aluminum that. Let us leave our children and grandchildren a bettera better planet than the onewe have found. EV competitors will continue to fight over design and battery efficiency, but ultimately manufacturing excellence remains one the most important metrics for scale. IDRA Stock. And Educational videos this shows, at least to a point, that always serving competitive and successful customers to! 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Historythe technological benchmark in light alloy of light alloys for over 70 years via YouTube / Gabincal automobile! Planet than the onewe have found assemble the Giga Press the globe it may be the companys weapon. To go Tesla news, please see the included video efficiency, ultimately! Well be using an 8,000-ton casting Press for an open house will get to watch assemble! Will also significantly reduce the number of assembled parts experience in die casting machines in the world including! The Drill and Tap ( D & T ) area required in-filling of a pit reduce porosity in United! Vocal Tesla fan and investor Sawyer Merritt shared a clip from Idra 's latest video company say sit has assembly...