AMPD Ventures Inc. announces, in partnership with the Digital Technology Supercluster, the expansion of the Learning Factory Digital Twin project

0

Receive instant alerts when news is published about your stocks. Claim your one week free trial for StreetInsider Premium here.


VANCOUVER, BC / ACCESSWIRE / February 2, 2022 / AMPD Ventures Inc. (“AMPD” or the “Company”) (CSE:AMPD)(OTCQB:AMPDF)(FRA:2Q0), next-generation digital infrastructure provider, in partnership with Avcorp Industries Inc., Convergent Manufacturing Technologies and LlamaZOO Interactive Inc. is pleased to announce that the Digital Technology Supercluster Digital twin of the learning factory (LFDT) project has been extended and the scope broadened. The LFDT project was first announced in March 2019 and aims to apply digital twinning to the manufacturing process of aerospace components, creating “virtual reality versions” or digital twins of parts, processes and facilities. manufactured.

Previously, creating and finalizing designs for manufacturing facilities was an expensive process. The Learning Factory integrates the latest virtual technologies and exploits the AMPD high-performance computing platform, supplemented by Clarity software from LlamaZOO, enabling remote monitoring of facilities and equipment, layout planning, inspection and training. This allows users to virtually access and work within large-scale industrial production to create digital industrial tools.

“Aerospace manufacturing is another complex process that is now being simplified through advances in commercial technology and the power of data-driven collaboration with our partners,” said Charles Lavigne, President and CEO, LlamaZOO Interactive Inc.

Image of LlamaZOO’s Clarity product showing equipment captured from 3D laser scans and depicted as a virtual environment with IoT sensor data.

“We are excited to see how these advancements have enabled efficiencies in training, maintenance, real-time monitoring and innovation for the LFDT project, and what this next step has in store for us.”

“It was a great advantage for Avcorp to collaborate and learn from our various digital technology partners within this project, because it might not have happened without this project, and it taught us a lot about what is possible,” said Mike Elvidge, Managing Director, Avcorp. “Until now, our method of evaluating workspaces and workflows was very manual and time-consuming, and could often be intrusive to the process and the shop floor. Being able to scan, visualize and track proposed and active processes allows us to experiment with ideas on how to improve and simulate the results to find and optimize solutions much faster.”

“Collaborative work with the various project partners within the LFDT project provided the basis that allowed us to develop a self-learning, data-driven digital twin that can accurately predict the future state of manufacturing complex composites. This new capability has the potential to revolutionize planning, process control and quality assurance in aerospace manufacturing. Plant-scale installations of this new predictive digital twin are planned for 2022 . ” Noted Göran Fernlund, President, Convergent Manufacturing Technologies.

“We are delighted to extend our investment in the Learning Factory Digital Twin project.” This project shows how digital solutions can solve some of the world’s biggest problems,” said Sue Paish, CEO of the Digital Supercluster. “We are honored to support this ambitious undertaking and excited to see how this innovation will advance aerospace manufacturing in Canada.”

“It is a great privilege to continue our work with our project partners within the Digital Supercluster. By providing this digital twin technology to Canadian manufacturers, we will enable engineers to achieve the highest level of efficiency in the manufacturing process,” said Anthony Brown, CEO and Co-Founder of AMPD Ventures.

About the Digital Supercluster

Before the curve starts here. The Digital Supercluster is building a better Canada by growing Canadian businesses, creating a digitally skilled workforce, and positively impacting lives across the country. We are accelerating the development and adoption of digital technologies that keep Canadians healthy, fight climate change and boost economic productivity. Through a powerful combination of co-investment, cross-industry collaboration, intellectual property creation and digital talent development, we unlock the potential of Canadians to lead and succeed in the digital world. Learn more www.digitalsupercluster.ca.

About LlamaZOO

LlamaZOO is a Spatial Business Intelligence platform provider with products that enable stakeholders from First Nations, natural resource industries in mining, oil and gas, forestry and other capital intensive industries like manufacturing, to make meaningful and impactful decisions by visualizing their complex data in 3D. . LlamaZOO’s spatial business intelligence platform enables organizations to integrate data from their operations and visualize it in the context of their actual location, quickly revealing crucial information and facilitating rapid decision-making. The company is headquartered in Victoria, British Columbia, Canada. Learn more at LlamaZOO.com or join the community on Twitter, Facebook, LinkedIn and Instagram.

About Avcorp

The Avcorp Group designs and builds major airframe structures for some of the world’s largest aerospace companies, including BAE Systems, Boeing, Bombardier, Lockheed Martin and Subaru Corporation. The Avcorp Group has over 65 years of experience, over 450 skilled employees and 560,000 square feet of facilities. Avcorp Structures & Integration, located in Delta, British Columbia, Canada, is dedicated to the assembly and integration of metallic and composite aerostructures; Avcorp Engineered Composites, located in Burlington, Ontario, Canada, is dedicated to the design and fabrication of composite aerostructures, and Avcorp Composite Fabrication, located in Gardena, California, USA, has advanced capabilities in manufacture of composite aerostructures for composite aerostructures. The Avcorp Group offers integrated metal and composite aircraft structures to aircraft manufacturers, a distinct advantage in seeking contracts for new aircraft designs, which require lower cost, lightweight, strong and reliable structures. Comtek Advanced Structures Ltd., at our Burlington, Ontario, Canada location, also provides aircraft operators with aircraft structural component repair services for commercial aircraft.

About Converged Manufacturing Technologies

Convergent is a provider of science-based digital tools that provide unique insights and enable better process design and decision making for the advanced composites manufacturing community. With offices in Canada and the United States, Convergent works closely with the world’s leading aerospace companies to digitally transform their manufacturing processes. Convergent is a spin-off from the University of British Columbia headquartered in Vancouver, British Columbia. For more information, visit www.convergent.ca.

About AMPD Ventures Inc.

AMPD is a next generation infrastructure company. AMPD specializes in providing high performance computing solutions for low latency applications including video games and eSports digital animation and visual effects and big data collection, analysis and visualization. With state-of-the-art, high-performance computing solutions housed in sustainable urban data centers, AMPD is leading the transition to the next generation of computing infrastructure. Through a combination of Infrastructure as a Service (“IaaS”) and an upgraded high-performance cloud offering, we meet the low latency requirements of multiplayer and esports video games, computer graphics rendering, intelligence, machine learning, mixed reality, big data processing and unexplored technological developments for decades to come. Additional information is available on SEDAR and on our website at www.ampd.tech.

For more information, please contact Investor Cubed Inc.:

Neil Simon, CEO
Telephone: (647) 258-3310
Email: [email protected]

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ “Anthony Brown”

Anthony Brown
CEO and Director
AMPD Ventures Inc.
Phone: 604-332-3329
Email: [email protected]

CSE does not accept responsibility for the adequacy or accuracy of this release.

Caution

Forward-looking statements

This press release contains statements and information that constitute “forward-looking information” within the meaning of Canadian securities laws. Forward-looking information is based on our management’s reasonable assumptions, estimates, analyzes and opinions made in light of its experience and perception of trends, current conditions and expected developments, as well as other factors that management believes relevant and reasonable. in the circumstances as of the date such statements are made, but which may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause AMPD’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the information. prospective. These factors include, but are not limited to: business, economic, competitive, geopolitical, technological and social uncertainties; uncertainties regarding the development and direction of cloud computing solutions; uncertain capital markets; other risks relating to a party’s inability to perform its obligations under the Share Purchase Agreement, as well as the factors discussed in the section titled “Risk Factors” in the Statement of listing on the Company’s Form 2A dated October 17, 2019 and “Risks and Uncertainties” in the Company’s most recent MD&A filed on SEDAR.

Although forward-looking information is based on our management’s reasonable assumptions as of the date such statements are made, there can be no assurance that the project will produce the anticipated benefits, or that the forward-looking information will prove to be accurate, as results and events future could differ materially from those anticipated in this forward-looking information. Accordingly, readers should notyou place undue reliance on forward-looking information. AMPD does not undertake to update or revise any forward-looking information except in accordance with applicable securities laws. All forward-looking information contained in this press release is qualified by this cautionary statement.

THE SOURCE: AMPD Ventures Inc.

See the source version on accesswire.com:
https://www.accesswire.com/687005/AMPD-Ventures-Inc-Announces-in-Partnership-with-the-Digital-Technology-Supercluster-Expansion-of-the-Learning-Factory-Digital-Twin-Project

Share.

Comments are closed.