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LISI Reinforces Partnership with Watch Out
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2024-06-12
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.”said 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.
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