Global Avionics Round-Up from Aircraft Value News (AVN) The aerospace industry has always been at the forefront of technological innovation, and the latest advances in computer-aided design (CAD ...

Toronto-based Promise Robotics has closed $20.8 million CAD ($15 million USD) in Series A financing as it looks to commercialize its robotic factory platform.

A: A closed architecture CAD/CAM system does not integrate with any components manufactured by another company. An open system integrates with components manufactured by many outside vendors.