Aperam Ventures is pleased to announce an investment in mecorad GmbH, mecorad offers in-line measurement & optimization for hot metal forming of steel and non-ferrous metals

Aperam S.A. / Key word(s): Investment Aperam Ventures is pleased to announce an investment in mecorad GmbH, mecorad offers in-line measurement & optimization for hot metal forming of steel and non-ferrous metals 24-Jul-2023 / 18:15 CET/CEST

 

 

Press Release

Aperam Ventures is pleased to announce an investment in mecorad GmbH, mecorad offers in-line measurement & optimization for hot metal forming of steel and non-ferrous metals

mecorad’s radar sensor technology offers micrometer accuracy in harsh conditions with excellent suitability in casting and rolling processes. The technology enables the measurement of thickness, width, evenness, on moving sheets as well as level and freeboard in smelting processes. With this investment, mecorad will accelerate its market expansion in Europe and in the USA and support its further product development.

 

• mecorad’s technology offers one of the most accurate and precise industrial radar sensors for short range usage currently available on the market. mecorad radar sensors are frequency modulated continuous wave FMCW radars with a midband frequency of 122 GHz free from drifting effects. The sensors were developed within steel mill conditions to optimally serve the robustness needs of this demanding industry.
• mecorad offers smart measurements for hot metal processes that enables steel makers to improve yield, quality and processes with Fabrication 2.0 abilities. In the coming years, mecorad and Aperam will explore joint development opportunities to develop new solutions for the stainless steel industry for various stages of the value chain

“We are delighted to partner with the mecorad team and support their further development. The optimization and automation of steel operations is crucial in a sector facing the need for a lower energy consumption and higher productivity. Together we will explore how Aperam’s hot-end metal processes can be further improved“, Comments Thorsten Zimmermann, Head of Ventures at Aperam Ventures