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TriMech Group Acquires Product Development Specialists MAKO Design + Invent to Expand Design and Engineering Services for Clients



RICHMOND, Va., July 9, 2024 /CNW/ — The TriMech Group has acquired MAKO Design + Invent, which provides tailored, end-to-end product design and development services across all physical consumer product categories to clients in the United States and Canada.

The TriMech Group has acquired MAKO Design + Invent.

With this latest acquisition, the TriMech Group continues to deliver on its plan to expand and diversify its service offerings and build the best-in-class solution partner to the global advanced design, engineering, and manufacturing sectors.

Chip Hogge, Chief Strategy Officer for the TriMech Group, and President of TriMech’s Advanced Manufacturing business, said that adding MAKO’s expertise sets the stage for TriMech to offer enhanced, comprehensive product development support for clients of all sizes.

“Over its 20-year history, MAKO’s award-winning team has perfected their product development process, which creates high-caliber products to be sold in North American and international markets. Their expertise will form a solid foundation for a new product development line of business for the TriMech Group.”

Support throughout the product design and development lifecycle

MAKO’s unique platform supports inventors, designers, manufacturers and e-commerce brands through planning, strategy development, designing, prototyping, manufacturing, and scaling to production volume, all to efficiently transform a concept into a fully functional, market-ready product.

At the heart of this process is MAKO’s talented team of industrial designers and mechanical and electrical engineers. TriMech’s Project Engineering Group (PEG) provides additional design capabilities and capacity in the key engineering stages of the product development lifecycle. And TriMech’s global teams of advanced simulation specialists can support additional simulation and analysis needs clients have during those stages.

Hogge explained that the TriMech Group is focused on steadily expanding the depth of its expertise in critical service areas to meet evolving client needs.

“Clients in all industry verticals are seeking professional, reliable services and support. We stand out because we offer much more than software and hardware. We can serve as that single technology and business partner who can help clients accelerate their product development lifecycles while improving quality and reducing risk.”

Meeting needs in prototyping and manufacturing

The MAKO team’s experience across the product development lifecycle can also bring new manufacturing connections and projects to the TriMech Group, already well known for its 3D printer sales and services, as well as its expertise in other advanced manufacturing methods, from traditional to emerging.

“Collaboration across production stages will really benefit clients,” Hogge said. “Our Advanced Manufacturing Services business in North America and 3DPRINTUK in the UK are perfectly positioned to step in with the knowledge and capabilities to move client projects efficiently through prototyping and manufacturing.”

Opportunities for MAKO’s team and clients

MAKO’s founder, Kevin Mako, will remain in the business to provide leadership in the TriMech Group’s expanded product development services team.

“My team and I will continue to serve clients the way we always have – with personal, customized service that gets their product to the finish line quickly, efficiently and at a world-class standard,” he said. “At the same time, we are extremely excited to collaborate with one of our favorites in the industry – the TriMech Group. Tapping into their team of design-for-manufacturing experts, prototyping and manufacturing facilities, and advanced software will help us ensure the best solutions for our clients.”

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About the TriMech Group

The TriMech Group of companies is a collection of established brands operating in the United States, Canada, the United Kingdom and Ireland, and Europe’s Nordic regions. Its global team includes hundreds of engineers who excel in areas including design, collaboration, simulation, analysis, process and workflow optimization, product data management, lifecycle management, manufacturing, and production floor solutions.

As a leading technology and business solutions partner for designers, engineers, and manufacturers, the TriMech Group works with top software and hardware partners, including Dassault Systèmes, SOLIDWORKS, Stratasys, Artec, and Zeiss, and its experts provide design and engineering software, advanced manufacturing solutions, and associated training, consulting, implementation, and staffing services for clients across a variety of industries.

The TriMech Group has more than 50 locations serving more than 30,000 clients with over 750 employees. It is part of the portfolio of Sentinel Capital Partners, a U.S. private equity firm.

For more information, visit

About MAKO Design + Invent

MAKO Design + Invent has a 20-year history of setting the standard for best practices in product development.

Its North American team, located in Austin, Toronto, Miami, and San Francisco, provides world-class product development services tailored to inventors, startups, and manufacturers. Known as an award-winning, one-stop-shop for taking an idea to a physical product, MAKO has in-house industrial designers and mechanical and electrical engineers, and helps with all aspects of product development, from initial market research and patent referral, to manufacturing, distribution, brand launch, and marketing. As owners of “The Product Startup Podcast,” MAKO has surpassed 200,000 followers across their social media channels.

For more information, visit

Contact: Angie Droz


4991 Lake Brook Drive, Suite 300
Glen Allen, VA 23060


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MESCIUS inc. Recognized in 2024 ComponentSource Awards




PITTSBURGH, July 19, 2024 /PRNewswire/ — MESCIUS inc, a global provider of award-winning enterprise software development tools, is pleased to announce that it has been recognized as the 2024 number two publisher and top five publisher by ComponentSource, the world’s largest marketplace for software components and development tools. ComponentSource also recognized MESCIUS for its many top-selling products on its annual listing.

Discover what MESCIUS products received top awards in the 2024 ComponentSource Awards.

As the component and tools market continues to expand with more mature technologies, MESCIUS inc. is pleased to offer high-performing and robust components that allow developers to “write once, deploy anywhere” across mobile, web, desktop, server, and multiple OS platforms.

ActiveReports. NET Professional received a #5 Product Award and a Top 5 Product Award. Spread. NET and ComponentOne Studio Enterprise were each honored with Top 10 Product Awards. ActiveReports .NET Standard and ComponentOne Studio WinForms received a Top 25 Product Award, while SpreadJS and Wijmo earned Top 50 Product Awards. ComponentOne Studio ActiveX, ComponentOne Studio WPF, and ActiveReportsJS secured a Top 100 Product Award. In addition to the various product awards, MESCIUS inc received a #2 Publisher Award and a Top 5 Publisher Award.

Publisher and product rankings are calculated based on ComponentSource’s actual sales orders placed by customers globally during 2023.

View the 2024 Publisher Awards List.View the 2024 Product Awards List.

“As with previous years, these awards are derived from the orders we’ve received from our global customer base,” said Sam Patterson, ComponentSource CEO. “They offer an authentic snapshot of the global market for commercial software components and development tools in 2023. We believe our awards provide precise, real-world insights into how our customers are utilizing these components and development tools in their most recent projects.”

“The rebranding from GrapeCity Developer Solutions to MESCIUS Inc. in 2023 marked a significant milestone, introducing not only a new name but also a revitalized approach to our product suite,” stated Joseph Lininger, Director of Marketing at MESCIUS (formerly GrapeCity). “We are delighted to continue our longstanding partnership with ComponentSource, which has been instrumental in distributing our .NET and JavaScript grids, UI components, reporting tools, spreadsheet and document APIs, and mobile controls. This collaboration ensures that our global developer community remains well-equipped with superior products and services they have come to expect from us.”

About ComponentSource ComponentSource is the world’s largest marketplace for reusable software components for all platforms. The respected barometer for the component industry, ComponentSource pioneered the open market for reusable software components in 1995 and continues to drive the market through its award-winning e-business model and groundbreaking work to establish the first widely accepted reusable component standard. A global e-business with customers in over 180 countries, ComponentSource is headquartered in Atlanta, GA United States and has offices in Reading, England, Dublin, Ireland and Tokyo, Japan. For more information, please visit

About MESCIUS MESCIUS inc. is one of the world’s largest providers of developer components. The company retains 400 employees and hundreds of thousands of customers worldwide. MESCIUS inc. is committed to providing enterprises around the world with state-of-the-art developer tools and components, software services, and solutions. For more information, visit

All product and company names herein may be trademarks of their respective owners.

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tKash Celebrates 1st Anniversary with Major Milestones and Exciting Promotions




Achieving 100,000 Registrations, International Reach, and Celebratory Promotions Highlight tKash’s Remarkable First Year

KUALA LUMPUR, Malaysia, July 19, 2024 /PRNewswire/ — tKash, a pioneering financial services app, is celebrating its first anniversary with notable achievements and exciting promotions. Launched with a vision to simplify financial transactions, tKash has reached impressive milestones, including 100,000 registrations and up to 10,000 daily active users.

Since its inception, tKash has been dedicated to providing seamless and secure financial services. The app has enabled users to transfer up to RM 1 million across borders, offering peace of mind with its reliable and efficient service. In addition to money transfers, tKash provides convenient currency exchange services for up to 10 countries’ currencies, including Bangladesh, Indonesia, India, the Philippines, Pakistan, Singapore, Vietnam, Thailand, and Myanmar.

One of the standout features of tKash is its Live FC (foreign currency) Rates, which allows users to track currency fluctuations in real time, ensuring they make informed decisions when exchanging currencies.

The company’s growth and success have not gone unnoticed. tKash proudly featured its video on the iconic New York Times Square billboard and displayed billboards in Kuala Lumpur, enhancing its brand visibility on an international scale. Influencers from countries such as Thailand have shared positive reviews on social media, further boosting tKash’s presence on social media.

To celebrate its first anniversary, tKash is running a special promotion where users who refer their friends have the chance to share in a RM100,000 prize pool, making it even more rewarding to engage with the app. The company continues to innovate, with regular updates to its app, which are available for download on both the PlayStore and AppStore. In January 2024, tKash launched its official website, providing users another platform to access its services.

In just one year, tKash has proven to be a game-changer in the financial services industry, making everyday transactions smoother and more accessible. With its tech-savvy team and commitment to customer satisfaction, tKash is poised for continued growth and success.

tKash is a leading financial services app committed to making financial transactions easier and more accessible. With secure money transfers, real-time currency exchange rates, and a user-friendly interface, tKash transforms how people manage their finances. For more information, visit

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Saronic Raises $175 Million in Series B Funding, Valuing Company at $1 Billion




Funding will accelerate Saronic’s growth and further scale production of its autonomous surface vessels for the U.S. Navy and its allies

AUSTIN, Texas, July 19, 2024 /PRNewswire/ — Saronic, a defense technology leader that designs and manufactures autonomous surface vessels (ASVs), today announced a $175 million Series B raise placing the company’s valuation at $1 billion. The funding round was led by Andreessen Horowitz (a16z), with participation from both new and existing investors, including 8VC, Caffeinated Capital, Elad Gil, and NightDragon, among others.

Saronic is redefining maritime superiority for the U.S. Navy and its allies by delivering the most effective and advanced ASVs at the speed and scale needed to meet the rapidly growing needs of the Joint Force. Saronic’s ASVs are designed to serve as a force multiplier for the existing Fleet, working alongside manned systems to allow naval forces to go farther and do more with less risk to life and mission. 

“We are creating an entirely new capability for the maritime domain, one that delivers naval power without the costs and delays of a shipyard,” said Saronic CEO Dino Mavrookas. “As the future of naval warfare will rely on manned and unmanned teaming, we must build solutions that easily integrate into the existing fleet and can be produced at scale to meet any emerging threat. We are grateful to our investment partners who believe so strongly in Saronic’s ability to meet that need.”

Saronic’s investor group is composed of firms committed to ensuring that the U.S. military maintains its decisive advantage in the face of an increasingly complex and competitive global threat landscape through the integration of advanced technology and innovative capabilities that truly meet the needs of the warfighter. 

“Our nation’s future depends on us continuing to build and deploy the best, most innovative technology” said Katherine Boyle, General Partner at a16z. “Saronic is developing the solutions we need to protect the warfighter and stay ahead of our adversaries, and we are proud to support their continued growth.”

This new investment will accelerate Saronic’s growth both domestically and internationally. At home, it will allow further expansion of Saronic’s in-house manufacturing capabilities and enable increased production of all its ASV models. Additionally, it will advance the research and development of new autonomous capabilities for naval and maritime forces, including increased technology and payload integration with government and commercial partners. Internationally, this investment will support Saronic’s expansion to more fully serve U.S. allies and partners in key markets.

“To deter China and other adversaries, the United States and our allies must bring intelligent, autonomous new capabilities to naval warfare,” said Alex Moore, Partner at 8VC. “Saronic delivers these capabilities on a relevant scale and timeline, and has enlisted the top engineers and operators in the industry.”

Saronic’s family of ASVs includes Spyglass (6′), Cutlass (14′) and Corsair, its largest model, which is currently in development and testing. Each vessel features integrated autonomous capabilities to meet a customer’s specific requirements and can carry diverse payloads in communication- and GPS-denied environments. Through the vertical integration of hardware and software as well as the use of a Modular Open Systems Architecture (MOSA), Saronic’s ASVs deliver greater interoperability at a price point that makes them attritable. Having a cost-effective capability that can be deployed without putting human operators in harm’s way increases the survivability of the fleet and enables commanders to engage in situations where the risk is too high to deploy a traditional manned system.

For more information about Saronic, please visit:  

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