Business Wire

DTE Announces New Leadership to Drive Commercial Focus and Expansion

8.2.2021 10:56:00 EET | Business Wire | Press release

Share

The Board of DT Equipment ehf. (DTE) (www.dtequipment.com), a leader in real-time intelligence from liquid metals and developer of next-generation analytics for metals production and processing, is pleased to announce the appointment of Karl Matthiasson as Chief Executive Officer.

Karl Matthiasson, formerly Chairman and Chief Operating Officer, and a co-founder of DTE with extensive experience within the aluminium industry, succeeds Sveinn Gudmundsson, the Company’s founding CEO, who steps into the role of Chief Technology Officer. The changes reflect further strengthening and specialization of DTE’s executive team in line with the Company’s growing commercial strengths and market-facing focus.

Sveinn Gudmundsson, in his new role as CTO, will focus on leading the technical development and ramping up production of the Company’s analytic hardware and software systems, including further product development of associated spectrometry, optics, laser technologies, software development and artificial intelligence-based processing.

Richard MacKellar, Managing Partner at Chrysalix Ventures and Chairman of the Board of DTE, commented, “Chrysalix is excited and supportive of the organizational changes at DTE. We welcome Karl to this new role in the Company as we continue to drive the growth of DTE to fulfill its potential in leading change in the metals analytics field. I would also like to thank and acknowledge Sveinn for his outstanding leadership up to this point, which continues with the challenge of leading DTE’s technology development – the breakthrough innovations achieved were key factors for Chrysalix to invest in DTE.”

Karl Matthiasson, CEO commented, “Sveinn has been the leading force behind DTE’s success thanks to his capability to innovate and deep insight into the needs of metals producers. We thank him for his continued dedication and service to the Company -- together we will continue taking DTE’s technology to the next level.”

Find out more about DTE’s real-time liquid metals intelligence solutions at www.dtequipment.com

About DT Equipment

DTE, based in Reykjavik, Iceland, is a leading innovator in the field of real-time intelligence from liquid metals, helping customers to maximize value, efficiency, safety and sustainability. DTE’s vision is to transform metals production and processing with next-generation sensors and analytics, driving digital transformation of the metals industry towards Industry 4.0, while contributing to the 1.5-degree challenge.

DTE’s solution range combines first-in-industry LP-LIBS™ (Liquid-Phase Laser-Induced Breakdown Spectroscopy) elemental analysis with a powerful machine learning cloud platform, delivering valuable intelligence and predictive insights from liquid metals across the entire value chain.

For more information, please visit www.dtequipment.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

DT Equipment ehf.
Arleyni 8, 112 Reykjavik, Iceland

Karl Matthiasson
CEO
karl@dtequipment.com
Tel: (+354) 617 1326

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Rigaku Enters Strategic Alliance with Onto Innovation through 27 % Equity Investment21.4.2026 02:14:00 EEST | Press release

Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; President and CEO: Jun Kawakami; “Rigaku”), a global leader in X-ray analytical technologies, today announced that it has entered into a strategic capital and business alliance with Onto Innovation Inc. (headquarters: Massachusetts, USA; CEO: Michael P. Plisinski; “Onto Innovation”). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260420467739/en/ Double Logo “As semiconductor devices become more complex, particularly with the increasing importance of three-dimensional structures, Rigaku has been seeking to enhance its analytical capabilities by incorporating advanced model-based and AI-driven algorithms in optical metrology,” said Jun Kawakami, President and CEO, Rigaku Holdings Corporation. “Onto Innovation not only brings strong expertise in optical technologies and software, but also capabilities in physical modeling for X-ray analysis, making it an ideal partner

Rigaku Enters Strategic Alliance with Onto Innovation through 27 % Equity Investment21.4.2026 02:14:00 EEST | Press release

Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; President and CEO: Jun Kawakami; “Rigaku”), a global leader in X-ray analytical technologies, today announced that it has entered into a strategic capital and business alliance with Onto Innovation Inc. (headquarters: Massachusetts, USA; CEO: Michael P. Plisinski; “Onto Innovation”). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260420467739/en/ Double Logo “As semiconductor devices become more complex, particularly with the increasing importance of three-dimensional structures, Rigaku has been seeking to enhance its analytical capabilities by incorporating advanced model-based and AI-driven algorithms in optical metrology,” said Jun Kawakami, President and CEO, Rigaku Holdings Corporation. “Onto Innovation not only brings strong expertise in optical technologies and software, but also capabilities in physical modeling for X-ray analysis, making it an ideal partner

Grid Dynamics Scales Hyper-Personalization for Galeries Lafayette; Drives 7% Revenue Increase via AI-Powered Search and Merchandising20.4.2026 23:05:00 EEST | Press release

Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a premier AI transformation partner for the Fortune 1000, today announced the successful deployment of a hyper-personalized digital shopping experience for Galeries Lafayette, the iconic French department store. By integrating Google Vertex AI Search for Commerce with the proprietary Grid Dynamics Merchandising Experience Platform (MXP), the retailer has modernized its search, navigation, and recommendation engines across its web, client, and seller applications. The initiative addressed significant challenges posed by a legacy search stack that struggled to manage a vast catalog of 600,000 products, including 350,000 from third-party marketplaces. This complexity often led to poor search relevance and high manual workloads for merchandising teams. The new platform provides a tailor-made experience for each visitor, leveraging real-time data ingestion to ensure accurate product availability and pricing. During peak commerci

Grid Dynamics Scales Hyper-Personalization for Galeries Lafayette; Drives 7% Revenue Increase via AI-Powered Search and Merchandising20.4.2026 23:05:00 EEST | Press release

Grid Dynamics Holdings, Inc. (Nasdaq: GDYN) (“Grid Dynamics”), a premier AI transformation partner for the Fortune 1000, today announced the successful deployment of a hyper-personalized digital shopping experience for Galeries Lafayette, the iconic French department store. By integrating Google Vertex AI Search for Commerce with the proprietary Grid Dynamics Merchandising Experience Platform (MXP), the retailer has modernized its search, navigation, and recommendation engines across its web, client, and seller applications. The initiative addressed significant challenges posed by a legacy search stack that struggled to manage a vast catalog of 600,000 products, including 350,000 from third-party marketplaces. This complexity often led to poor search relevance and high manual workloads for merchandising teams. The new platform provides a tailor-made experience for each visitor, leveraging real-time data ingestion to ensure accurate product availability and pricing. During peak commerci

Lattice Collaborates with TI to Accelerate Edge AI for Robotics and Industrial Applications20.4.2026 23:00:00 EEST | Press release

Lattice Semiconductor (NASDAQ: LSCC), the low power programmable leader, today announced that the company is collaborating with Texas Instruments (TI) to simplify sensor integration and to scale real-time edge AI systems. The combination of TI’s sensing technologies and the Lattice Holoscan Sensor Bridge solution, based on Lattice low power FPGA technology, will provide developers with a flexible hardware foundation for synchronized, low latency sensor data pipelines in advanced robotics and industrial applications. The collaboration demonstrates a real-time AI sensor fusion architecture that integrates TI mmWave radar and camera sensors using NVIDIA Holoscan Sensor Bridge running on Lattice’s low power FPGA. The FPGA acts as a companion chip delivering synchronized sensor data directly into GPU-accessible memory to enable low latency and robust perception for robotics and industrial edge AI applications. “As edge AI systems scale, developers need flexible platforms that simplify senso

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye