Bozeman Montana, 17 July 2024 - Bridge Fund Award Announcement
Lone Peak Precision is excited to announce that it has received a $43,000 grant from the EidoTech Bridge Fund for purchasing robotics equipment to automate many of its processes and support customers in the optics and photonics industries. Lone Peak Precision will use this grant to purchase a Universal Robots cobot, which will allow for lights out autonomous machining; and a 4th axis rotary unit from Haas, allowing for higher manufacturing density and the ability to manufacture more complex parts.
"We are very excited to receive this grant. It will help us accelerate our journey to use hardware and software to optimize the quoting, procurement, and manufacturing processes in the machining industry with automation and AI, and position Lone Peak Precision as a leader through use of industry-leading technologies." - Ben Lemon, Founder of Lone Peak Precision
From EidoTech: "As a local, woman-owned small business, Shadow Ridge Analytics is committed to supporting Montana entrepreneurs and connecting them with innovation centers, government agencies, and business opportunities through the eidotech project. Our team has broad experience in technology commercialization and licensing, advanced research support, strategic communications, program and project management, economic and financial modeling, and SBIR program consulting."