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Integrating advanced technologies and additive manufacturing to improve accessibility: JIB and Sculpteo are collaborating to provide communication devices using eye-tracking systems for individuals with movement disorders and neurodegenerative diseases. Machine Design Technical Editor Sharon Spielman details the benefits of assistive technology and how 3D printing can enable development. Thermal Processing Continues to Evolve: Food Processing Senior Editor Andy Hanacek discusses recent advances in thermal processing operations for food and beverage products. Advances in automation, monitoring, and other technologies have enabled food processors to effectively and efficiently ensure food safety and meet consumer needs. Goodyear sells Dunlop brand to Sumitomo: In a transaction expected to close later this year, Sumitomo Rubber Industries and Goodyear Tire & Rubber have entered into a definitive agreement for Sumitomo to acquire the Dunlop brand for $701 million. Modern Tire Dealer analyzes transaction details and provides additional context about the company. Lockheed Martin to build 145 new F-35 jet fighters, avionics, sensors in $11.8 billion contract Reports on $11.8 billion in orders to build aircraft for the US military and allies. Featuring advanced avionics, the F-35 is a fifth-generation single-seat, single-engine, all-weather stealth multirole jet fighter-bomber designed to perform ground attack, air reconnaissance, and air defense missions. This is one of the most advanced fighter jets in the world,” Keller wrote. CMS: Healthcare Inflation to Rise to 7.5% in 2023, Hospital Costs to Rise Dramatically: Healthcare Innovation Editor-in-Chief Mark Haglund on Recent Findings from Centers for Medicare & Medicaid Services (CMS) Analysts I will report. Findings include hospital cost inflation jumping from 3.2% in 2022 to 10.4% in 2023, pushing U.S. health spending to $4.9 trillion. Venture funding closes out 2024 with a familiar theme: “A fitting end to 2024, December’s venture funding highlight was in the area of optical interconnects for data centers and AI clusters. “This is an area that has accounted for the majority of photonics venture funding through the industry,” writes Eric Hall. The December issue of the Laser Focus World Photonics VC Update series features venture funding announcements from emerging photonics technology companies.
