State awards Manufacturing Readiness Grants

Funding Rounds

Summary

Hoosier Tank and Manufacturing LLC, St. Joseph County $40,000 to invest in a Markforged 3D printer to produce carbon fiber reinforced components and a 3D laser scanning system to analyze, measure and quality check its finished goods. POLARIS Laboratories LLC, Marion County $36,700 to invest in autonomous robotics to prepare samples for its Inductively Coupled Plasma spectroscopy analysis system, which uses proprietary AI and machine learning software. Precise Tooling Solutions, Bartholomew County $167,500 to invest in an automated work cell that pairs cobots with a new CNC graphite mill/pallet changer and an EDM sinker machine for lights-out manufacturing. Talon LLC, Elkhart County $100,000 to invest in fiber laser cutters to enhance workflow flexibility, eliminate the need for oxygen and cutting gases, and reduce energy consumption. Workhorse Motor Works Inc., Randolph County $130,000 to invest in robotic automation, machine vision and advanced sensor systems to improve its Union City manufacturing and quality control processes.

$ Funding

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Amount $200.0K Total raised
Date June 20, 2022 Announcement date
Investors - Lead investors
Company https://antiquecandleco.com/ Funded company

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