MACH III Clutch announced expansion of standard miniature line of brakes, clutches and torque limiters with new Miniature NEMA Spring Engaged Brakes Series. These brakes, which include the D2C2R-42H and D2C2R-48H models, are ideal for tight spaces, smaller shafts or applications with light torque requirements. The new miniature brakes include a NEMA frame and enclosed,…

Mach III, Kentucky-based designer and manufacturer of custom and standard brakes, clutches, and torque limiters (to connect and disconnect, stop, hold, tension, and protect machines and operators) now has a new website at machiii.com. Better features. Better options. Better hurry and check it out … The new Mach III website includes reorganized content, streamlined navigation, […]

Clutches and brakes as well as torque limiters continue to evolve as the requirements for new applications for holding, stopping, and indexing continue to multiply. The ongoing trend for these technologies towards application-specific variations continues unabated — especially as several industries have exceeded capabilities of legacy stock parts. “Mach III has experienced a strong increase […]

Titan Medical raised $3 million via stock sale to Aspire Capital Fund. This is part of a deal in which the Chicago-based, long-only investment fund has committed to purchase up to $35 million of common shares of Titan Medical through February 28, 2022, according to the SEC filing. According to the agreement, Toronto-based Titan Medical…

Titan Medical has delayed plans for submitting its Sport robotic surgical system to work on further development and funding.

Robotic surgical platform developer Titan Medical Inc. said today it closed a $25 million public offering. Titan Medical said that it floated approximately 7.4 million units in the offering at a price of $3.40 per unit. Each unit offered included a single common share of the Toronto-based company and a warrant for an additional common share…

Titan Medical (TSX:TMD) said today it installed a Sport robotic surgical system at the Institut Hospitalo-Universitaire de Strasbourg, marking the 1st installation of the system in Europe and the final planned installation for the company’s feasibility and validation studies. The Toronto-based company said it expects studies to begin at the facility in the fourth quarter of 2017…

Ideally engineers would anticipate the need for overload protection in a drivetrain and include it in the original design. But overload problems often only appear after equipment is in use. Such designs require torque-limiter retrofits, even if existing assembly geometry is tight. Making the issue more challenging is that end users often want a solution […]

Titan Medical (TSX:TMD) said today it added an approximate $300,000 to a private placement round that closed earlier this month alongside raising $6.5 million (CDN $8.4 million) from exercising share purchase warrants. The Toronto-based robotic surgical platform developer said that it raised a total of $2.6 million (CDN $3.3 million) through the placement of 13.4 million…

Titan Medical (TSX:TMD) said today it raised $2.3 million (CDN $2.9 million) in a private placement round looking to support continued development of its Sport robotic surgical system. In the offering, the Toronto-based company said it floated 11.5 million common shares at 20¢ (CDN 25¢) per share to a group including more than a dozen robotic surgeons…