Kennametal and Hexagon to Jointly Deliver Faster, Smarter Machining
Rhea-AI Summary
Kennametal (NYSE: KMT) announced a new integration with Hexagon's cloud-based Tool Library to deliver verified Kennametal digital tooling data directly into Hexagon's WORKNC CAM software. The integration enables machinists to import realistic 3D models, smart assemblies and scalable tool data to reduce setup time and improve machining accuracy.
Initial support includes solid carbide drills and end mills for WORKNC users, with expansion to additional CAM systems and product lines planned in the coming months. The companies say the collaboration aims to accelerate digitalization of the manufacturing value chain and make validated tooling data more accessible to machine shops worldwide.
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Key Figures
Market Reality Check
Peers on Argus
Gold-sector peers like WPM (-1.91%), FNV (-1.44%), AU (-4.30%), AEM (-3.35%), and KGC (-4.29%) showed broad weakness, while the momentum scanner only flagged PAAS up 4.16%, indicating mixed, stock-specific moves rather than a unified sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 11 | Software recognition | Positive | +3.3% | ETQ ranked Front Runner among 16 EQMS vendors by LNS Research. |
| Dec 08 | Drug coverage news | Positive | +2.2% | Leqembi added to China Commercial Insurance Innovative Drug List for 2026. |
| Dec 08 | Trial clearance | Positive | +2.2% | FDA cleared global Phase IIb trial of CS1 in PAH with orphan/fast track. |
| Dec 03 | Product launch | Positive | -1.3% | Launch of ETQ Reliance Go cloud EQMS for small- to mid-sized manufacturers. |
| Dec 02 | Asset divestiture | Neutral | -3.1% | Completed Tongon mine sale for up to $305M in cash and contingent payments. |
Recent positive operational and recognition news has more often led to aligned price gains, though strategic portfolio moves have seen mixed reactions.
Over the past two weeks, news linked to B has covered software recognition, product launches, clinical progress, and asset divestiture. On Dec 11, ETQ’s Front Runner ranking in an LNS matrix coincided with a 3.33% gain. Earlier in December, ETQ Reliance Go’s launch saw a -1.29% reaction despite a constructive product story. A Tongon mine divestiture of up to $305M on Dec 2 was followed by a -3.07% move. Overall, good news has often been rewarded but not uniformly.
Market Pulse Summary
This announcement highlights a cloud-based integration between advanced CAM software and verified digital tooling data, aimed at faster, more accurate machining workflows. In the broader context, the company recently executed a Tongon mine divestiture for up to $305 million and has seen institutional interest, including a 6.3% Schedule 13G stake. Investors may watch adoption of digital manufacturing solutions, portfolio optimization steps, and future regulatory filings for further clarity on strategic execution.
Key Terms
computer-aided manufacturing (cam) technical
AI-generated analysis. Not financial advice.
Through this integration, machinists can seamlessly import Kennametal tooling data into Hexagon's WORKNC CAM software, reducing setup time and improving machining accuracy. The cloud-based library supports realistic 3D models, smart assemblies and scalable performance for thousands of tools.
"This integration helps manufacturers access our machining solutions more efficiently," said Dr. Carlonda Reilly, Chief Technology Officer, Kennametal. "By combining our validated tooling data with Hexagon's powerful CAM technology, we're advancing our strategy to enable digitalization of the manufacturing value chain to better serve machine shops worldwide."
Currently, the integration supports solid carbide drills and end mills for WORKNC users, with expansion to additional CAM systems and product lines planned in the coming months.
About Hexagon
Hexagon is the global leader in measurement technologies. We provide the confidence that vital industries rely on to build, navigate, and innovate. From microns to Mars, our solutions ensure productivity, quality, safety, and sustainability in everything from manufacturing and construction to mining and autonomous systems.
Hexagon (Nasdaq Stockholm: HEXA B) has approximately 24,800 employees in 50 countries and net sales of approximately
About Kennametal
With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees help customers in nearly 100 countries stay competitive. Kennametal generated
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SOURCE Kennametal Inc.
