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LISI Reinforces Partnership with Watch Out
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2024-05-22
     LISI Group and Watch Out have been partners for nearly 20 years in the field of high-precision machining, and then in the development of a disruptive AI solution for fully autonomous machining which is now operational.
 
     LISI Group has decided to support Watch Out in the deployment of this turn-key autonomous precision machining solution now ready for scale-up and thus strengthen its partnership with Watch Out by taking a minority stake in its holding company through a capital increase.
 
     “The Watch Out solution, a technological feat of Machining 4.0, combines all the conventional machining cycles in a perpetual loop with a specific Artificial Intelligence.
 
     It is a virtually self-sufficient production machine that constantly self-corrects according to data generated and captured in real time on parts and tools. Much more than just an improvement on the performance offered by previous-generation machine tools, the Watch Out solution represents a dramatic change in industrial paradigm aimed at eliminating the element of randomness in the treatment of chronic failures in the production chain.” Emmanuel Neildez, CEO LISI AEROSPACE.
 
     “Today is a milestone in our company's history. It marks the beginning of the scale-up of the Watch Out Solution after 10 years of development. I couldn't dream of a better partner than LISI and their team, who have been supportive from the very beginning," said Sebastien Laporte, CEO of Watch Out.
LISI Group
Watch Out
partnership
autonomous precision machining
AI solution
capital increase
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