NI Announces Strategic Collaboration with SET GmbH and Tech180 Inc.
Summary
Engineers and enterprises are looking for new ways to leverage test as a competitive advantage, using it to reduce costs and accelerate product introductions while maintaining agility and equipment utilization,” said Luke Schreier, Vice President and General Manager of NI’s Aerospace, Defense and Government Business Unit and new board member for SET. “We are confident that NI’s collaboration with SET and Tech180 will deliver the right approach and system-level capability necessary for our customers to meet test requirements at an accelerated rate.” Aerospace and defense companies face soaring development costs and complexities from embedded software, design, and integration challenges required in manned/unmanned aircraft, space launch vehicles, and new urban air mobility approaches. Through our collaboration, we expect to find answers and fill a critical gap in the industry.” “Incremental improvements to the status quo are not good enough,” adds Chris Bakker, CEO of Tech180. www.tech180.us This press release contains certain forward-looking statements of NI, including statements: that together, the companies will deliver an innovative approach to test systems, new products, hardware and software frameworks, an open systems reference architecture, and a paradigm-shifting System-on-Demand methodology; about being confident that NI’s collaboration with SET and Tech180 will deliver the right approach and system-level capabilities to help our customers to achieve test coverage requirements at an accelerated rate, and; that the Systems-on-Demand and model-based test approach delivered through this new collaboration will help customers shorten time-to-market schedules, reduce operational expenses, integrate labs, and optimize data and assets. These statements are subject to a number of risks and uncertainties, including the ability of the parties to realize the expected benefits of the strategic collaboration; foreign exchange fluctuations; component shortages, and delays in the release of new products.
