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Medical design and manufacture news round-up


Medical design and manufacture news round-up
Lee Spring acquires M & S Spring; BIG KAISER’s NRL donation; Applied Manufacturing Technologies’ newest hire; AMGTA new members; THK celebrates 50 years
© Lee Spring | https://www.leespring.com
Lee Spring, a global leader in stock and custom springs, has acquired Fraser, Michigan-based M & S Spring, specialists in rapid prototype custom springs that require quick turnaround with quantities ranging from a single piece to higher volume pilot runs.
“The acquisition of M & S Spring expands our manufacturing capabilities in support of continued growth, particularly within the quick prototyping side of the spring business. M & S Spring has an outstanding reputation for fast turnaround of high-quality parts earned over 60 years of operation. They have a highly skilled team of employees that specialize in engineering, design, and spring manufacturing. Their expertise in short-run prototyping of custom springs and their ex ....

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More Electric Aircraft Market by End-user, Aircraft System, Component, Application, Aircraft Type and Region


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ResearchAndMarkets.com s offering.
The global more electric aircraft market is estimated to be USD 1,504 million in 2020 and is projected to reach USD 3,359 million by 2025, at a CAGR of 17.4% during the forecast period.
Recent technological advancements in the field of power electronics, fault-tolerant architecture, electro-hydrostatic actuators, flight control systems, high-density electric motors, and power generation and conversion systems have fueled the adoption of MEA.
The COVID-19 outbreak has impacted the aviation industry adversely due to air travel restrictions on domestic as well as international flights across countries, resulting in the sudden decrease in the air traffic. This is expected to negatively impact the more electric aircraft market in the short term; slow recovery is expected in Q1 of 2021. The aviation industry could take 2-3 years to recover from the financial effects of COVID-19, leading to lower ....

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