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Factor receives a grant from IVACE+i to develop a high precision on-line metrology device

Factor Ingenieria y Decoletaje, S.L., has been the beneficiary of a grant awarded by the Instituto Valenciano de Competitividad e Innovación (IVACE+i) in the call 2024 for “Strategic projects in cooperation”. This initiative is part of the Comunitat Valenciana Program European Regional Development Fund 2021 - 2027.

The subsidized project aims to develop a high-precision online metrology device. Using state-of-the-art digitizing cameras, this technology will allow the verification of parts with very tight tolerances at the same rate as they are manufactured.

In addition, the solution is designed to guarantee 100% quality verification of the parts produced, applying the latest technology in artificial vision and data modeling. A remarkable aspect of the project is that this innovative technology can be developed with manufacturing costs significantly lower than the cameras available on the market.

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Factor is moving towards Industry 5.0 with the “Smart Machine” project

Factor Ingeniería y Decoletaje, SL, has received a grant from the Agencia Valenciana de la Innovación (AVI) within the program “Consolidación de la cadena de valor empresarial 2024”, to develop the project “Smart Machine”.

The main objective of this project is to create an advanced platform for Industry 5.0, enabling intelligent interaction between humans and machines through technologies such as Sparkplug protocol, Augmented Reality and Language Models (LLM). 
In 2024, research on emerging technologies and HMI interoperability has been completed, and progress has been made in the development of Sparkplug middleware, intelligent agents and platform design.

This innovative project, funded by the European Union, reflects our commitment to technological innovation and industrial excellence, marking a milestone on the road to a connected industry.

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Factor receives a grant for the installation of solar panels

Within the framework of the Recovery, Transformation and Resilience Plan, an initiative financed by the European Union through its NextGenerationEU fund

In line with our commitment to sustainability and innovation, we are pleased to announce the recent installation of solar panels in Factor Ingeniería y Decoletaje, S.L., after having been selected to receive a grant under the incentive program linked to self-consumption and energy storage, along with the implementation of renewable thermal systems. This funding program is part of the Recovery, Transformation and Resilience Plan, an initiative financed by the European Union through its NextGenerationEU fund.

The project, within the framework of Royal Decree 477/2021, has involved a total investment of €87,796.15, of which €21,458.85 has been granted as financial aid. The installation has a capacity of 100 kW.

This grant has given us the opportunity to advance the adoption of renewable energy sources and the implementation of sustainable thermal systems in the residential sector. Not only has it allowed us to actively contribute to the fight against climate change, but it also strengthens our ability to generate energy more efficiently and sustainably, reducing our environmental footprint and improving the resilience of our communities. 

We are grateful for the trust and support provided by the European Union through NextGenerationEU, which has made this project possible and reaffirms our determination to lead by example in the transition to a more sustainable energy model. With the installation of this photovoltaic plant we seek to produce, by our own means, a large part of the energy consumption we need through renewable sources; contributing to the reduction of CO2 emissions and achieving greater sustainability in our energy model.

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Advanced Manufacturing 2024: Innovation, Connections and New Horizons

A week ago ended the 16th edition of MetalMadrid, within the framework of Advanced Manufacturing 2024. And, as every year for a decade, from Factor we have actively participated in this leading event in the field of manufacturing, machining and metal processing, which brought together 10,600 unique visitors and more than 350 participating companies, and hosted a hundred stands of the main players in the industry.

Once again, Advanced Manufacturing 2024 has left us with a sense of accomplishment and excitement for what is to come. And, therefore, we want to share a balance of this incredible experience as exhibitors and what it meant for our company:

  • Objectives accomplished and great results: Our main objective in attending was to present our innovative solutions in the machining and Smart Manufacturing sector, in addition to strengthening the relationship with our current customers and identifying new opportunities for collaboration.
  • Quality of interactions: The booth was a vibrant meeting point, attracting a large number of visitors. Beyond the numbers, we especially valued the quality of the interactions: highly qualified professionals, leaders in their fields and companies with visions aligned with ours. These conversations not only strengthened our network, but opened new doors to strategic opportunities.
  • New relationships and alliances: We are excited to have met potential customers, partners and collaborators who share our vision of transforming the machining industry. Each new contact is an opportunity for growth and collaboration.
  • Great reception of our solutions: The reception of our products and services was very positive. Visitors showed particular interest in the new capabilities of the Nakamura JX250 and the electronic engineering and IoT services. This confirms to us that we are going in the right direction to meet the needs of the market.
  • Impact beyond the event: We are convinced that our participation in Advanced Manufacturing 2024 will have a significant impact. In the short term, we have already started working on the feasibility analysis of new projects. In the long term, we know that this event will reinforce our positioning in the market and strengthen our reputation as innovators in the sector.

From Factor we would like to thank the organizers of MetalMadrid 2024 for an impeccable event; to all the visitors who came to our stand and shared their concerns and projects and, of course, to our team for their dedication and professionalism, which made the difference.

We leave Advanced Manufacturing 2024 inspired and motivated to continue innovating and adding value to the industry, looking forward with enthusiasm and determination.

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Factor is awarded the “Mentoring and internationalization support program. International Certification 2024”.

Factor Ingeniería y Decoletaje, S.L. has been selected as the successful bidder of the International Certification Line 2024 of the Mentoring and Internationalization Support Program within the framework of the Recovery, Transformation and Resilience Plan, led by the Ministry of Economy, Trade and Enterprise and the Spanish Chamber of Commerce and financed by the European Union, with Next Generation EU funds. 

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