Q5D Technology, a Bristol-based company specializing in hardware and software tools for automating wiring harness manufacture, has recently announced a $3 million investment round. The investment was led by Lockheed Martin Ventures, the venture investment arm of Lockheed Martin Corporate.
Q5D has developed robotic tools combined with sophisticated computer-aided design and manufacturing software. This innovation enables the autonomous addition of wiring and printed electronics directly onto product surfaces. The automation provided by Q5D not only improves quality and reliability but also offers significant reductions in manufacturing costs compared to traditional manual processes.
The company has seen significant success in the automotive sector, particularly as the industry moves towards electric powertrains. Automation is critical for cost reduction and simplifying complex supply chains in this rapidly evolving sector.
Lockheed Martin’s investment comes at a crucial time for Q5D as it transitions from project-based revenue to machine sales. This shift follows the successful launch of its first hardware product last year.
Chris Moran, vice president and general manager of Lockheed Martin Ventures, expressed excitement about the potential for increased versatility and agility in Q5D’s technology. Wiring is a complex and expensive aspect of the manufacturing process, and Q5D’s technology offers flexibility with the potential for hardware to efficiently switch between manufacturing different parts without compromising quality.
To learn more about Q5D and their innovative technology, visit their website.
