This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Source: Gatik Gatik AI Inc. Founded in 2017, Gatik has developed autonomous vehicles ( AVs ) for middle-mile and short-haul logistics. based company launched its first driverless commercial transportation service with Walmart in 2021 and Kroger in 2023. aims to set the bar high for autonomous truck safety.
Source: Photoneo Photoneo Brightpick Group today announced that it has agreed to Zebra Technologies Corp.s The company spun off in 2021 from Photoneo Brightpick Group. In 2021, Zebra acquired autonomous mobile robot ( AMR ) provider Fetch Robotics for $290 million. acquisition of its Photoneo s.r.o.
Source: Boston Dynamics Boston Dynamics Inc. While it hasn’t announced any paying customers, Apptronik has agreements with industry leaders Mercedes-Benz and GXO Logistics to test its Apollo humanoid in real-world applications. Hyundai acquired Boston Dynamics from SoftBank in 2021 for $880 million.
Industry research shows that by 2023, 30% of manufacturers will enhance their shop floor digital twin with real-time signal transponder data, leading to an 80% reduction in logistic bottlenecks in shop floor and storage areas – Source: IDC FutureScape: Worldwide Manufacturing 2021.
Highlighting Challenges and Trends Demonstrating urgency, a series of global disruptions is underscoring the need for nearshoring: Interrupting Trade Routes : Experiencing losses of $10 billion daily, the 2021 Suez Canal blockage is exposing the vulnerabilities of traditional supply chains.
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
Source: Cyngn Cyngn Inc. ” Founded in 2013, Cyngn develops and deploys autonomous vehicle technology for industries such as automotive manufacturing and logistics. . ” Founded in 2013, Cyngn develops and deploys autonomous vehicle technology for industries such as automotive manufacturing and logistics.
Source: ABB One of world’s top industrial automation providers is becoming more independent. Source: ABB ABB Robotics is global No. ” The robotics unit’s product line includes a full range of industrial robots , collaborative robot arms , and autonomous mobile robots or AMRs ( acquired with ASTI in 2021).
Source: Serve Robotics Serve Robotics Inc. 20, under which Serve granted the company a non-exclusive license to its technologies and expertise, enabling Magna to further develop new products in the robotics and logistics space. Magna International will manufacture more delivery robots. “Magna is a valuable partner in this effort.”
18, 2021, MOXIE generated 122 grams of oxygen, which is about what a small dog breathes in 10 hours, NASA said. It seems obvious that astronauts who could someday find themselves on Mars will need an oxygen source to breathe, but NASA has other uses in mind. After Perseverance landed on Mars on Feb.
.” “Daniel brings an outstanding track record of leading business transformation and corporate strategy, and when it comes to deploying fleet-level robotics solutions in logistics and manufacturing operations, Melonee’s and Pras’s technical, product, and commercial experience are unbeatable,” she added. Wise received a B.S.
Source: Brightpick Brightpick today announced that it has raised an additional $12 million in a mix of equity and debt funding. Brightpick spun off in 2021 from Bratislava, Slovakia-based Photoneo , a developer of 3D robotic vision sensors and intelligence software. which is expected to generate 50% of its revenue in 2024.
Here’s a look back at the notable acquisitions of 2022 and 2021. Berkshire Grey had struggled financially after going public via a SPAC in 2021. million for 6 River Systems , which makes autonomous mobile robots (AMRs) for logistics applications. Source: 6 River Systems Suffering a $437.3 Ocado paid roughly 2.8%
Source: ABB After a challenging year for autonomous mobile robot, or AMR, providers, industry leaders are continuing to consolidate. ABB had invested in Sevensense in 2021, the same year it acquired ASTI Mobile Robotics for $190 million. Sevensense said its VSLAM technology can improve mobile robot navigation. and Germany.”
Manufacturers have had to rapidly reassess and pivot to new sources of supply to ensure greater resilience in their supply chains and reduce excessive capital-intensive inventories. We’ve identified five emerging trends impacting global supply chains in 2022: logistics disruptions. production delays. digital transformation.
Source: ABB ABB Robotics has announced its first Flexley Tug T702 autonomous mobile robot (AMR). The AMR T702 is a perfect match for a wide range of industries, such as automotive, consumer goods sector or logistics, especially in large, busy warehouses and fulfillment centers where the environment is constantly changing.“
Source: Locus Robotics Artificial intelligence promises to revolutionize robotics and industries including supply chain and logistics. Sean Pineau, head of third-party logistics (3PL) segments at Locus Robotics, will present a session on “AI in the Warehouse: What You Really Need to Know” at 1:45 p.m.
Source: Mobile Industrial Robots Autonomous mobile robots, or AMRs, are among the systems benefitting from the latest advances in artificial intelligence. “We announced our intention to create an autonomous pallet jack in 2021,” said Kevin Dumas , vice president of product at the Odense, Denmark-based company.
Meeting the Victorian Government’s ambitious targets demands innovation across various sectors, particularly in transportation and logistics. Hyzon Australia is working with ICN Victoria to transform the transport and logistics industry.
.” MassRobotics startups find success across sectors The startups in Massachusetts’ robotics ecosystem support a range of industries, particularly in manufacturing, defense, and logistics. million in 2021. Examples include Marlborough, Mass.-based Watertown, Mass.-based based Tutor Intelligence has raised $4.2 million. .”
Sources: Diligent Robotics, Adagy Robotics Almost half of all startups that began in 2021 were formed by women, according to human resources cloud software company Gusto. We’re really excited about logistics and manufacturing right now,” Shinkle said. Within the robotics industry, however, it’s a different story.
Source: Figure AI The interest in humanoid robots continues to gain steam. Brett Adcock, Figure’s founder and CEO, said the initial tasks include moving bins and boxes and other “various logistics things” inside the BMW body shop. BMW plans to see what a Figure 01 humanoid robot can do in its factory.
Source: Pittsburgh Robotics Network Cybernetix Ventures yesterday announced a strategic partnership with the Pittsburgh Robotics Network. Founded in 2021, Cybernetix focuses on robotics, automation, and industrial AI investments. The early-stage venture capital firm said it is part of its long-term robotics cluster engagement efforts.
Source: A3 After two years of record sales, North American robot orders declined by 30% in 2023, said the latest report from the Association for Advancing Automation, or A3. 1 to 3 in Cincinnati; the Autonomous Mobile Robot & Logistics Conference from Oct. North American automakers pulled back in robot orders last year.
Source: Techman Robotics Techman Robot launched its TM30S collaborative robot arm for palletizing this week. In 2021, OMRON bought a 10% stake in Techman Robot. A source at OMRON told the Robot Report that it is working with NEURA to diversify its offerings to weather modern geopolitics. lbs) and a reach of 1,702 mm (67.01
Source: Serve Robotics, Wing Aviation Ground robots and aerial drones will soon collaborate for last-mile deliveries. Spun off from Uber in 2021, Serve Robotics develops AI-powered, low-emissions sidewalk delivery robots. The new partnership promises to expand the reach of autonomous deliveries. Serve Robotics Inc.
Source: ABB ABB Ltd. Source ABB Customer Experience Center Bubnikovich said ABB’s new Customer Experience Center will “showcase its latest and greatest technologies.” ABB acquired AMR maker ASTI in 2021. ABB has expanded production, staff, and training space in Auburn Hills, Mich.
Ten opportunities are available across various engineering and information management and technology roles including electrical, mechanical, production, support engineering (including integrated logistic support), systems engineering, cyber security, data analysts and solution architecture.
Sustainable aviation fuels are a blend, in defined proportions, of conventional fuel and fuel derived from approved sustainable sources. In October 2021, the two companies signed an agreement to develop a suite of services. The ratio most commonly available is 30% pure sustainable fuel and 70% conventional fuel.
While some companies, such as Sanctuary AI, claimed to be building “general-purpose” robots, most are starting with logistics applications. Its robots picked 331 million units for its third-party logistics (3PL) partners, with about 7 million average daily picks. It beat out 2021, which also set a record.
Source: WeRide Guangzhou, China-based WeRide was officially listed on the Nasdaq Global Select Market today under the ticker symbol “WRD.” It said application scenarios span smart mobility, smart logistics, and smart sanitation. The company launched Robovan in September 2021. per American depositary share, or ADS.
In his new role, he will oversee supply chain, compliance, supplier development, content, property management, eCommerce, supply to fulfillment distribution, and logistics operations of the Company. From February 2021 to June 2022, Mr. Broersma was our Vice President of Procurement and Supply Chain.
A more sensible position logistically,” said Spinks. Peter Smith retired from PCW at the end of 2021, ending a successful partnership with Spinks and passed over some of his ownership to experienced PCW members in Ross Farrelly and Jay Atkins. . They’re innovators, and they continue to stay on trend.”
Source: LinkedIn As The Robot Report reported last October, one of the biggest autotech stories of the year was the stalling of Cruise after California’s Department of Motor Vehicles suspended its driverless testing license. Meili founder Samantha Lee demonstrated an in-hospital vehicle simulator as an autotech example. Click here to enlarge.
A more sensible position logistically,” said Spinks. Peter Smith retired from PCW at the end of 2021, ending a successful partnership with Spinks and passed over some of his ownership to experienced PCW members in Ross Farrelly and Jay Atkins. They’re innovators, and they continue to stay on trend.”
KSA logistics scenario. The largest economy amongst the Gulf Cooperation Council members, Saudi Arabia, is striving to position itself as the logistics hub of the region with its Vision 2030 initiatives, driving growth in the logistics sector. Impact of GSCRI on Supply Chain and Logistics. Under Vision 2030.
KSA logistics scenario. The largest economy amongst the Gulf Cooperation Council members, Saudi Arabia, is striving to position itself as the logistics hub of the region with its Vision 2030 initiatives, driving growth in the logistics sector. Under Vision 2030. Global Supply Chain Resilience Initiative.
Some subsectors of industrial services have experienced depressed valuations as they struggle with cyclicality, inflation and supply chain shortages, sources tell Mergers & Acquisitions. Some subsectors like logistics and packaging remain strong. Industrial dealflow is down “slightly” from the past few years, Andreozzi says.
Source: Adapta Robotics Starting a robotics company is always challenging, as inventors and entrepreneurs scramble to get access to capital and tap the local talent pool. In 2021, Adapta branded itself and developed the Effective Retail Intelligent Scanner, or ERIS , for scanning items on store shelves. We had quite a bit of pressure.
Being located in Australia’s oldest wine region, the Cessnock LGA generated revenue of $407 million from wine manufacturing in 2021. As a global trade gateway for more than 220 years, the Port delivers safe, sustainable and efficient logistics solutions for its customers. Metal and metal product manufacturing: $133 million.
Source: Spinoff Robotics Singapore is one of the top countries in the world in terms of robotics density, thanks in part to government promotion. Spinoff Robotics : Also founded in 2021, Spinoff develops tethered drones for high-altitude industrial cleaning and inspections. .’ Source: XSQARE Robotics RoboSG!
Aurora, Ontario-based Magna has been an investor in Sanctuary AI since 2021, and it acquired autonomous vehicle startup Optimus Ride in 2022. In December 2023, Sanctuary secured patents for numerous technologies developed both internally and through strategic acquisitions from external sources. and Tangible Research.
In 2021, Maine became the first American state to legally shift the responsibility of packaging waste and disposal costs onto companies. In September 2021, the India Plastics Pact was launched, and the country was the first in Asia to lead the change to build a more circular ecosystem for plastics.
Bossard, with its global focus on creating value for its customers through engineering services and innovative logistic solutions, is convinced that it will be able to unlock. and logistic services. million in sales in the financial year 2021. Content Source: RELATED CONTENT: The Bossard Group has acquired Jeveka.
We organize all of the trending information in your field so you don't have to. Join 45,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content