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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. The provider of autonomous yard operations for logistics hubs said the funding will drive its operations as a service with Fortune 500 customers in 2025 and solidify its position as a leader in logistics automation. “By

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CaPow raises $15M to power global expansion of robot charging

Robotics Business Review

CaPow’s Power-in-Motion charging system has a double-boost effect, so when a robot moves over the charging antennas, it both powers the robot and charges its energy source. Source: CaPow CaPow Technologies Ltd. Engineers Peretz, Dr. Eli Abramov, and Dr. Alon Cervera founded the company in 2019.

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The state of Australia’s defence manufacturing

Manufacturer's Monthly

billion for accelerating Navy's surface combatant fleet and expanding shipbuilding, $1 billion over four years for investments in targeting, long-range fires, logistics, fuel resilience, and autonomous systems, and $38.2 This includes $11.1 billion to support the rebuilt Integrated Investment Program (IIP). per cent and 0.44

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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. ” In 2016, Laporte and Perret launched Watch Out, and Mariette joined them in 2019. Watch Out visualizes a highly automated workcell that can fit into a container.

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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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Rapid Robotics’ new CEO explains the use of AI to accelerate accurate picking

Robotics Business Review

Source: Rapid Robotics Many companies are racing to apply the latest advances in artificial intelligence to robotics. Source: LinkedIn “I first went to school for design, actually, and then realized that what I really love is running a business,” she told The Robot Report. Kimberly Losey, CEO of Rapid Robotics.

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Amazon to discuss its robotics evolution at Robotics Summit & Expo

Robotics Business Review

Source: Amazon Amazon currently operates more than 750,000 robots that sort, lift, and carry packages across its facilities. From 2010 to 2019, Parness worked at NASAs Jet Propulsion Laboratory, where he founded and led the Robotic Rapid Prototyping Laboratory, specializing in grippers and wall climbing robots.