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ABB plans to spin off its robotics division

Robotics Business Review

Source: ABB One of world’s top industrial automation providers is becoming more independent. Source: ABB ABB Robotics is global No. The company cited the “ABB Way” decentralized business model, under which “ABB Robotics has proven its double-digit margin resilience in most quarters since 2019.”

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Europe has a key role to play in the development of robots, humanoids

Robotics Business Review

Source: Adobe Stock While headlines often spotlight U.S. The company’s portfolio includes LBR iiwa cobot introduced in 2013, and it is expanding into new markets and regions beyond its traditional stronghold in the automotive industry. Europe is a major center of robotics development and use, according to Humanoid. billion U.S.)

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FANUC America opens new $110M robotics and automation campus in Michigan

Robotics Business Review

Source: FANUC America FANUC America Corp. Robot maker invests in North American production Since 2019, FANUC has invested more than $187 million, including a 461,000-sq.-ft. m) North Campus facility in 2019, and new headquarters in Mexico and Canada in 2023. “We today officially unveiled its 650,000-sq.-ft. 60,386-sq.-m)

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Watch Out adds autonomy to CNC cells for precise production

Robotics Business Review

Source: Watch Out Manufacturers face widespread shortages of skilled labor, but more intelligent automation could alleviate the problem, according to Watch Out. Watch Out offers machining cells that use patented sensors and machine learning for precision manufacturing in aerospace and defense, automotive, medical, and other industries.

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CynLr raises Series A funding to realize robot vision for ‘universal factory’

Robotics Business Review

Source: CynLr CynLr, or Cybernetics Laboratory, today said it has raised $10 million in Series A funding. Gokul NA and Nikhil Ramaswamy founded CynLr in 2019. Source: CynLr CynLr to expand staff, production, and ‘object store’ CynLr plans to expand its 60-member core team into a 120-member global team. million. .

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Former Cruise CEO Kyle Vogt launches new venture

Robotics Business Review

Kyle Vogt, then president and CTO of Cruise, delivered a Robotics Summit & Expo keynote in 2019. Source: WTWH Media Kyle Vogt, the co-founder and former CEO of autonomous vehicle developer Cruise LLC, has launched a new startup: The Bot Company. In 2019, he was a keynote speaker at the Robotics Summit & Expo.

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Outrider brings in $62M to drive commercial scaling in 2025

Robotics Business Review

Source: Outrider Outrider today announced that it has raised $62 million in an oversubscribed Series D financing round. Since 2019, company ‘s customers, which it said represent over 20% of all yard trucks in operation in North America, have been actively involved in product testing and pilot deployments.

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