Its clear that the Giga Press can bring immediate cost and efficiency advantages to Teslas already colossal manufacturing process. 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. That's possible due to Tesla's first Giga Press, which was installed at the Fremont factory and put in operation last year. Over-the-edge efficiency and eco sustainability: NEO introduces a new chapter inhigh end die casting technology. GIGA Stock Forecast, Price & News (Giga Metals) CVE:GIGA Giga Metals - GIGA Stock Forecast, Price & News C$0.28 -0.01 (-1.75%) (As of 02/22/2023 05:12 PM ET) Compare Today's Range C$0.28 C$0.29 50-Day Range C$0.28 C$0.35 52-Week Range C$0.26 C$0.47 Volume 64,500 shs Average Volume 81,394 shs Market Capitalization C$27.41 million P/E Ratio N/A Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. Analysts expect Tesla to deliver over 900,000 vehicles this year. IDRA VALUESExpertise, know-how and experience are what makes us a market leader. [9], Coordinates: .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}453207N 100637E / 45.53538N 10.11026E / 45.53538; 10.11026 (Idra Group factory, Via dei Metalli). "Our mission is and will be the design and manufacture of die casting presses and automated cells for the light alloy foundry business worldwide. Imagine a single piece of cast aluminum that. Giga Pressdebuts the new revolutionary patented injection system, a result of an amazing R&D effort and two years of hot tests in collaboration with IDRA Groups FSA partners. IDRA GROUP | Important Announcement - Giga Press (Riccardo Ferrario - general manager)00:00 Welcome / Intro00:36 What is Giga Press and which are Giga Press . Tesla takes a special molten material and pours it into the exact shape with a reusable mold. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. [1] The company is notable for producing the largest high-pressure die casting machines in the world. GIGAPRESS AND DIE CASTING MACHINES Same passion, after more than 70 years of history IDRA Idra was founded in 1946 by the Pasotti family and has become since then the reference point for development of die casting technology. Specifically, the plant is home to the Giga Press, a die casting machine that is expected to significantly speed up production and reduce costs. ; originally Idra Presse S.p.A.) is a manufacturer of die castingmachinery, founded in 1946 in Brescia, Italy. These improvements - together with a DC motor with direct belt drive - allows for a faster movement of the guards and a quicker cycle. On this Wikipedia the language links are at the top of the page across from the article title. To view Idras complete patent history, request access, Youre viewing 1 of 2 executive team members. The Company develops, manufactures, markets, and installs die casting machines and automated cells capable of casting aluminum and magnesium alloys. Earlier this week, the CEO reportedly told employees not to rush to make deliveries by the end of the quarter but to instead focus on minimizing costs.With the TSLA auto business operating at around a 30% gross margin, Musk is naturally focused on ways to reduce manufacturing costs. CERTIFICATIONSCertified excellenceISO 9001:2015 | ISO 14002:2015 | ISO 45001:2018, VISION & MISSIONInnovation is in our DNA: always serving competitive and successful customers. CATALOGUES E DATASHEETIn this area you can consult catalogues and individual datasheets. The following insiders have purchased IDRA shares in the last 24 months: Daniel B Soland ($98,500.00), and John J Kirby ($6,100.00). A project that seemed impossible: the largest diecasting machine in the world. Tesla put its first Giga Press into operation at the Fremont factory in 2020. Clearly, it could be yet another boon for TSLA stock. CERTIFICATIONSCertified excellenceISO 9001:2015 | ISO 14002:2015 | ISO 45001:2018, VISION & MISSIONInnovation is in our DNA: always serving competitive and successful customers. [7], The original factory site at via Triumplina 43 in the north of Brescia was developed into the Triumplina Retail Park, requiring construction of new roundabout junctions. [2] History[edit] [1] The company is notable for producing the largest high-pressure die castingmachines in the world. 2 smaller side wedging dies, moving in for injection and out for removal. There was also talk about Tesla and IDRA working on a massive Giga Press machine to stamp out an entire compact car body. (301312N 973701W / 30.22N 97.617W / 30.22; -97.617 (Tesla Die Casting Machine: 3 foundations for Giga Press)), On 21 January 2021 the first Giga Press components started to arrive on site. A Giga Press is a series of high-pressure aluminum die casting machines. 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. [31] INJECT COMPUTERControl systems and machine parameter management. FSA, Foundry Star AllianceWe like to work together with you, Idra S.r.l.Head office: Via dei Metalli, 2 | 25039 Travagliato (BS) ItalyPh. Sustainable factory environment taken into consideration at the design stage. The parts also need to be packed with special materials to preserve the Giga Press. Vi, Yahoo, r en del av Yahoos varumrkesfamilj. IDRA is a globally recognised brand synonymous with quality and reliability. a large, California-based OEM of electric vehicles. Email me at [email protected]. Tesla (NASDAQ:TSLA) and TSLA stock are revving up again as the company nears the start of manufacturing at its new gigafactory, Berlin-Brandenburg. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . Click here to follow her Behind the Wall series, where she provides the insider scoop on the hottest technologies and trends from todays business leaders, industry experts and money managers. Which Idera Pharmaceuticals insiders have been buying company stock? "Our Interview With Tesla President Jerome Guillen, Part Deux", "With our giant casting machines, we are literally trying to make full-size cars in the same way that toy cars are made", "Tesla Manufacturing with Sandy Munro and Elon Musk! HISTORYThe technological benchmark in light alloy of light alloys for over 70 years. Idra Group (Idra S.r.l. The assembly of a Giga Press in time lapse. Idra Group(Idra S.r.l. [6] [25][26] (Podcast). Recently, the leading die casting machine manufacturer, IDRA, released a series of videos in which it talked about the history of the machine, the technology . Die casting operates similarly to how toy cars are made. 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Tesla delivered roughly 500,000 vehicles in 2020 and has already reported delivering 627,350 in the first three quarters of 2021. Giga Press comes equipped with the new over-theedge Drive Control Pump System developed by Idra Group. The company could get to an overall annualized production of 1 million cars by year-end. 5.05% of Idera Pharmaceuticals stock is owned by insiders. To ship a Giga. The press is truly spectacular to see such a big piece of machinery in action, especially since it has massive visible moving parts. IDRA posted a video announcing the completion of this particular press and notes that this innovation revolutionizes the manufacturing of the car body structure, reducing substantially assembly time and costs IDRA was the first company to receive production orders for 9.000 ton machines that can be used for SUV and small truck markets.. ETF Daily News 7/16 . Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. GIGA Stock Summary. 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. [8][9], The front casting suggests an identical die layout, with maybe a 5th wedging die underneath (process) for the front-facing (car) crash rail mount.[10]. FOUNDRY STAR ALLIANCETo support the very rapid growth of the global HPDC light alloy markets. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Each fresh casting is trimmed to approximate size, measured, checked for imperfections, and sent for CNC machining to finished size. Integrated high flow hydraulic manifold blocks.Increased pump capacity utilizing DCPtechnology. MANAGEMENT TEAMProud of our Italian character, we export IDRA innovation all over the world. Will make rear body in a single piece, including crash rails", "IDRA begins assembling 9,000 ton Giga Press, will hold open house preview next month", "Tesla Model Y Giant Casting Machine with Paint Shop Already in Fremont Factory", "Tesla Model Y single-piece rear casts spotted in Fremont factory", "Tesla's giant stamping machine caught on fire at Fremont factory", 3.4 Betriebsgebude, Maschinen, Apparate und Behlter, "Move aside robots, Tesla bets on aluminium casting", "Exklusiv: Tesla will bei deutschem Model Y vorderes Rahmen-Teil an einem Stck gieen", "Expert craftsmanship casting the future LK 40th anniversary event", "Gigafactory Shanghai - Model Y Die Cast", "Tesla Gigafactory Texas gets its second Giga Press machine", "LK 6000 Plus die casting cell for Vietnam's 5G ultra large housing production", "LK 6000-ton die casting machine was put into production at customer's factory", "F20-0048-K Canopy Design and Foundations", "World's biggest die casting machine It can cast front & rear vehicle underbodies in a single piece each down from 70+ parts for same sections previously", https://en.wikipedia.org/w/index.php?title=Giga_Press&oldid=1142265875. Extended velocity control valve life by balance of hydraulic forces. +39 030 20111 | Fax +39 030 2002345C.F. Tesla's innovative new chassis design is one step closer to series production. 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. Lets continue the discussion. INJECT COMPUTERControl systems and machine parameter management. [14], With our giant casting machines, we are literally trying to make full-size cars in the same way that toy cars are made, The two biggest casting machines in the world had been purchased by Tesla, according to Elon Musk in April 2020, to enable casting the Tesla Model Y rear chassis and crash rails as a single component. Now, IDRA has revealed their latest creation - a 9,000 ton Giga Press. [16][17] In January 2021, Elon Musk announced that also the rear chassis of the Tesla Cybertruck would be produced using an over-8,000-tonne-force (80,000kN) casting machine. The first Model Y megacasting has come out of the enormous IDRA "gigapress" at Gigafactory Texas. All-in-one hydraulic manifolds.Limited use of external pipe-work.Designed-for-access mechanical groups with new guard design. [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. Heres a closer look at how die casting can reduce manufacturing costs and secure Teslas competitive advantage. [38] By the end of January 2021 one compression platten had been lifted into place, with the other two ready for craning. (.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. Musk talks a lot about robot automation and it may be the companys secret weapon to increase manufacturing speed while lowering costs. 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. Rumors have it that the Giga Press is destined to be installed at Giga Texas . [1], In 2000, Idra filed a patent application for die casting machine designed to produce two separate castings simultaneously from a single injection of liquid metal. 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. [f 13] NEWSInsights into the world of die casting. Description. Reduced emissions from the die casting process. From a single Cell Controller unit, you can now control the DCM and all the peripherals of the automation cell with an easy to read, easy to customize user interface. During May/June 2022, Idra were assembling a 9,000 tonnes-force (88,000kN) Giga Press. 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. MANAGEMENT TEAMProud of our Italian character, we export IDRA innovation all over the world. Musk explained via Teslarati: Were actually going to be using even bigger casting machines for the rear body of the Cybertruck because its a bigger vehicle and youve got a long truck bed thats going to support a lot of load. Idera is a biopharmaceutical company focused on rare diseases. IDRA Group is a Tesla supplier that provides the automaker with ultra-large Giga Presses or Giga Casting machines. Its pipeline includes several promising drugs, including the Phase 2 clinical trial of IMO-8400, a potential treatment for Dermatomyositis . A machine then opens the mold and cools the solidified piece. 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. The official webseries dedicated to the world of Giga Press. A strategic thinker and fundamental public equity investor, Joanna leverages over 20 years of experience on Wall Street covering various segments of the Technology, Media, and Telecom sectors at several global investment banks, including Mizuho Securities and Canaccord Genuity. FOUNDRY STAR ALLIANCETo support the very rapid growth of the global HPDC light alloy markets. HISTORYThe technological benchmark in light alloy of light alloys for over 70 years. That said, IDRA hasn't mentioned Tesla as the client. IDRA VALUESExpertise, know-how and experience are what makes us a market leader. Rob Maurer. Die casting works by forcing molten metal alloy inside a reusable mold, then opening the mold to remove the finished piece after it has solidified. Giga Press also offers unparalleled guaranteed long life and reliability. IDRA video 1: https://youtu . Elon Musk mentioned earlier this week that he would be on the earnings call. [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. Idra Technical Center offers to its customers a wide variety of training courses on IDRAs products and technology. [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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Technological innovations, world-class specifications and high performance in one compact solution. A mechanical trim press cuts the approximate edges, with excess aluminium being recycled back into the melting oven. INDUSTRY 4.0The future is connected: less waste and more efficiency. ", "Will be amazing to see it in operation! [f 2][f 3][f 4] During May/June 2020 Tesla advertised a "Castings Tooling & Process Engineer" job, based at the Tesla Factory in Fremont, responsible for production ramp-up of the first Giga Press. Tesla has since reportedly ordered many of those machines to deploy at new . [40], On 15 April 2021, components for a second Giga Press started arriving at Giga Texas. [36][37], On 22 January 2021 the base frame of the first Giga Press was unboxed and moved into position. These things are getting bigger and bigger, and the latest built by Idra is capable of 9,000 tons of clamping force. Find the latest Giga-tronics Incorporated (GIGA) stock quote, history, news and other vital information to help you with your stock trading and investing. Giga Press debuts the new Guarding system developed by Idra Group following the Foreco. However, we do know that Tesla has already purchased many of the company's 6,000-ton diecasting machines. [3], By 1956, Idra was seeking to export its die-casting machines outside Italy. According to its initial estimations, Tesla was looking to start building the Cybertruck in 2021, but plans have changed and it has now moved its production start to early 2023. The mold is opened, and the raw casting removed at 400C (750F). Tesla will combine front and rear megacastings with its new structural battery pack to form the underbody of Model Y. Tesla CEO Elon Musk responded to the tweet later in the day: While we were pretty confident based on Musk's previous comments, this is the first official confirmation from the CEO that the 9,000-ton Giga Press will be used for the Tesla Cybertruck's body. [7], Tesla's Model Y rear casting dies has four known visible parts: . [2][3], Base specification Giga Press machines had been included in Idra's catalogue since 2018,[4] with usage of a customised OL 6100 CS Giga Press started by Tesla, Inc. in late-2020 for the production of chassis parts for the Tesla Model Y.[5]. CATALOGUES E DATASHEETIn this area you can consult catalogues and individual datasheets. Idra General Information. Markets never sleep, and neither does Bloomberg News. [12], Idra's parent company, LK Machinery[29] held a factory tour in Shenzhen on 27 November 2019, during which a partially-complete machine was visible. By Idra Group following the Foreco stock is owned by insiders raw removed! [ 26 ] ( Podcast ) language links are at the design stage webseries dedicated to InvestorPlace.com... Out an entire compact car body amazing to see such a big piece of machinery action., add it to My Quotes by selecting it and pressing Enter/Return,... History, request access, Youre viewing 1 of 2 executive team.... 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