Sun Hydraulics Corporation and Sturman Industries have entered into a technology license agreement related to the use of Sturman’s digital valve technology. Under the agreement, Sun will manufacture and sell valves that incorporate Sturman digital valve actuation technology into screw-in cartridge valves used in fluid power markets.
“By converging Sun’s expertise in hydraulic cartridge valves with Sturman’s expertise in drive electronics and efficient digital magnetics, we believe we can offer our customers unique beneficial solutions for their applications”, commented Allen Carlson, Sun’s CEO and president. “Customers are asking for products that are smaller in size, lighter in weight, use less power, are less expensive and operate faster. New electro-hydraulic cartridge valves under development as a result of Sun teaming up with Sturman will provide these features and create new markets for Sun.”
“We are very happy to be partnering with Sun Hydraulics to bring Sturman’s digital valve technology to Sun’s customers”, said Carol Sturman, president of Sturman Industries. “Under the agreement with Sun, Sturman will perform the research and development for select new valve products, while Sun will be responsible for production engineering, manufacture and commercialisation of them. We’re pleased to support Sun in bringing forward solutions that can benefit the hydraulics industry.”