There were concerns the large triennial equipment show would be a muted affair this year with the lingering global recession threat and war in Ukraine driving up energy prices across Europe.
Crane-mounted sensor and jobsite intelligence startup Versatile announced on Sept. 14 that it has secured $80 million in Series B funding. This comes on the heels of a $20 million Series A funding round secured in December 2020.
Working on an urban construction site, it’s a common observation that the cranes set the pace of the project. Managing hook time is key to productivity, and it’s been no different for Gilbane Construction Co. providing construction management at-risk services for the new Virginia General Assembly building in Richmond, Va.
Jeweler's tri-level addition with double-height and column-free spaces wrapped in two different glass facades will replace an office extension built in 1980
Hawaiian Dredging has used manual processes to track the productivity of the cranes on its jobsites in the past, but a deployment of Versatile's CraneView sensor package is automating some of that tedious and difficult work.
Efficiencies in design, construction and building use are being unlocked thanks to analysis and proactive changes informed by construction data. Even 3D printing for a NASA project on structures on Mars is on the table.
Despite a number of injuries, no fatalities or life-threatening injuries have been reported after two cranes collided above an Austin job site on Wednesday morning.