Altair Inspire™ Mold Revolutionizes Injection Molding
November 05 2020 - 6:00AM
Altair, (Nasdaq: ALTR), a global technology company providing
solutions in data analytics, simulation, and high-performance
computing (HPC), today launched Altair Inspire Mold, a
revolutionary, end-to-end solution for simulating injection
molding. For the first time, Inspire Mold brings Altair’s core
philosophies of simulation-driven design and democratization of
simulation to this $250 billion manufacturing sector. Injection
molded plastic components play a critical role in a vast array of
applications from toys and consumer electronics to
high-performance, load-bearing components in sectors like aerospace
and automotive.
Inspire Mold offers engineers fast, highly capable tools with
unrivalled solver performance and unprecedented opportunities to
make better design decisions earlier, reduce costs, speed
time-to-market, and optimize the quality and manufacturability of
finished parts.
“Inspire Mold embodies everything we believe simulation should
be. It puts designers and engineers firmly in control of faster,
more intelligent, and intuitive evaluation of injection molded
plastic parts,” said James Dagg, chief technical officer, Altair.
“Inspire Mold reduces the costs and delays traditionally found in
the slow and laborious processing of design iterations, as well as
the building and reworking of prototype molds.”
Manufacturability of new components can now be evaluated at the
outset of the development process, and the risk of defects such as
warping, sink marks, and short shots are mitigated before any
costly investments are made in molds. Design iterations are
completed faster, and fewer are needed before an optimal solution
is identified. Scrap, tooling, and rework costs are slashed, and
there are no requirements for specialized, GPU-computing
hardware.
Other key features of Inspire Mold include:
- Optimized user experience – product
designers and engineers can easily conduct virtual testing,
validation, correction, and optimization of molding designs via an
intuitive, five-step workflow.
- Fast, next generation 3D technology
– experimental approximations of traditional 2.5D solvers are
eliminated. Support for advanced physics empowers advanced and
novice users with deeper insights and understanding.
- Access to materials data – data for
60 materials is embedded in Inspire Mold and the Altair Material
Data Center (MDC) will soon be integrated, allowing MDC license
holders direct, immediate access to reliable, high-quality material
data.
- Comprehensive end-to-end solution –
technology stretches from initial design through to material
mapping of reinforced engineering polymers, analyzing and
optimizing the structural and fatigue performance of complex
parts.
Inspire Mold joins Altair’s existing Inspire manufacturing
simulation offerings including casting, forming, mold-filling,
extrusion, and additive manufacturing.
For more information about Inspire Mold, visit
https://web.altair.com/breaking-the-mold.
About Altair (Nasdaq: ALTR)
Altair is a global technology company that provides software and
cloud solutions in the areas of data analytics, simulation, and
high-performance computing (HPC). Altair enables organizations
across broad industry segments to compete more effectively in a
connected world while creating a more sustainable future. To
learn more, please visit www.altair.com.
Media Contacts Altair:CorporateJennifer
Ristic+1.216.849.3109jristic@altair.com
Altair Europe/The Middle East/AfricaEvelyn Gebhardt+49 7031 6208
0gebhardt@altair.de
Investor RelationsThe Blueshirt GroupMonica
Gould +1 212.871.3927ir@altair.com
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/23968645-a906-400c-a6c1-42627568d3e1
https://www.globenewswire.com/NewsRoom/AttachmentNg/b0034161-0efa-4ea3-a301-4ea71346b327
Altair Engineering (NASDAQ:ALTR)
Historical Stock Chart
From Apr 2024 to May 2024
Altair Engineering (NASDAQ:ALTR)
Historical Stock Chart
From May 2023 to May 2024