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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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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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