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Germany’s strong logistics market, advanced automotive infrastructure, and progressive legislation surrounding autonomous vehicles make it the ideal location for us to further our middle-mile and mobile distribution projects.” In addition, the company operates its own fleet of logistics vehicles, the electric LOXO Alpha and LOXO R1.
Source: Rainbow Robotics Samsung Electronics Co. today announced that it is increasing its stake in Rainbow Robotics to 35% to accelerate the development of robots such as humanoids. More recently, Rainbow in 2023 opened a branch office in Schaumburg, Ill., to market its collaborative robots in the U.S.
Source: MassRobotics MassRobotics has announced the fourth cohort of its Healthcare Robotics Startup Catalyst Program, marking a record-breaking year with an unprecedented number of applicants. This years cohort includes six innovative companies selected for their cutting-edge solutions in healthcare robotics.
The company said its robot can fulfill labor shortages in harsh outdoor conditions, complete hazardous tasks, and increase project efficiency and cost savings. It said the robot is capable of 1 mm-level accuracy in performing fine motor skills like picking, placing, pressing, twisting, and connecting. million in 2023.
During the 2023 peak season, Ambi Robotics’ robots sorted 7.4 Source: Ambi Robotics The month between Thanksgiving and Christmas is the busiest time of year by far for logistics providers, and this year, its even shorter than most peak seasons. million packages at 410 sorts per hour. The Berkeley, Calif.-based
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. ” “We made the choice to conduct a rigorous level of evaluation,” he told The Robot Report.
The company started an autonomous tractor navigation brand called Efarm.pro in 2023. At the end of January 2023, according to reports, about 250,000 sq. Explore the RBR50 Robotics Innovation Awards 2024. million sq. acres) of Ukrainian agricultural land had become minefields. Apply to speak.
We covered 25 acquisitions in 2023, which was down significantly from the 50 we covered in 2022. Below are eight robotics acquisitions, in chronological order, that stood out to us in 2023. In late November 2023, the European Commission shared an update on its investigation into the deal. Ocado paid roughly 2.8%
2023 has been full of exciting innovations within the robotics industry. We’ve seen the rise of new technologies, and robotics developers have pushed the boundaries of what robots can do. At the same time, there has been a dip in robotics funding across the board, and some sectors have struggled to gain public trust.
ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. ABB Group announced during its earnings call today that it plans to spin off its entire robotics division. “Only robotics and discrete automation declined from last year. Source: ABB ABB Robotics is global No.
In several working demonstrations, KUKA Robotics will showcase various innovative automation solutions for specific handling applications during PACK EXPO 2023 in booth C-3236 Central Hall. For primary food processing, KUKA will spotlight its KR 3 Delta HM Hygienic robot and, in a bag palletizing cell, its KR IONTEC robot.
Source: AgiBot Robot training, especially for emerging humanoids for diverse environments or applications, requires a lot of high-quality data. AgiBot today announced AgiBot World, a large-scale robotic learning dataset. The developer of humanoid robot technology said it designed the dataset to advance multipurpose robotic policies.
North American automakers pulled back in robot orders last year. 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. Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.
2023 was the year that humanoid robots took big strides onto the public stage, and Agility Robotics pulled ahead in that race with Digit, which is our first-ever RBR50 Robot of the Year. based Agility Robotics said the demo was based on a real customer use case. At the time, Corvallis, Ore.-based Digit is 5 ft.,
The logisticsrobots market is expected to expand at a strong compound annual growth rate of 16.5 percent between 2023 and 2033. This is according to a new report by Future Market Insights. The market is anticipated to cross a market share of $38.13 billion by 2033, while it is likely to be valued at […]
Source: Capra Robotics Capra Robotics today announced that it has obtained 11.3 The investment will go towards further accelerating Capra Robotics growth trajectory fueling both growth and global expansion. This requires innovative robotics solutions capable of handling a wide range of tasks including those in emerging domains.
based Teleo announced new orders for 34 machines from 9 new customers across pulp and paper, logging, port logistics, munition clearing, and agriculture industries. The company aims to expand into airports, waste and recycling, logistics, warehousing, and more. Palo Alto, Calif.-based The Series A extension came in two parts.
The Robot Report Podcast Vibration Control in Manufacturing & Robotics In Episode 192 of The Robot Report Podcast, co-host Eugene Demaitre interviews Rob Marshick, national sales manager at ITT Enidine Inc. In this episode, he explains the value of these components for robotics designers. billion in revenues in 2024.
It’s time to reflect upon the trends from the past 12 months while looking ahead at what 2024 has in store for the world of robotics. 2023 was an exciting year for innovation. But how will these trends impact robotics and what can the manufacturing industry expect to see next year? The stand-out projected growth area?
Symbotic, a leading developer of logistics automation, has acquired “substantially all of the assets” of Veo Robotics for an undisclosed amount. Symbotic confirmed the deal via email to The Robot Report. FreeMove essentially turns large, high-speed industrial robots into collaborative robots.
Agility Robotics continues to have a leg up in the humanoid race. The company today signed a multi-year deal with GXO Logistics Inc., the world’s largest pure-play contract logistics provider, to deploy its Digit humanoids in various logistics operations. Johnson was named CEO of Agility Robotics in March.
A recent report from Interact Analysis, a market intelligence firm, finds that the global robotic picking market is an emerging market with vast opportunities for growth. According to the firm, the robotic picking market is set to experience rapid growth over the next few years, albeit more constrained than originally predicted.
Hellmann Worldwide Logistics has implemented Geekplus robotics automated storage solutions at its eCommerce Center in Dubai CommerCity, executed by AI-RobotX MEA. In 2023, Hellmann established a dedicated Innovation Hub, reinforcing its commitment to integrating advanced technologies into global operations.
GXO Logistics, one of the world’s largest pure-play contract logistics provider, and Agility Robotics, creator of the bipedal Mobile Manipulation Robot (MMR) Digit, have signed a multi-year agreement to begin deploying Digit in GXO’s logistics operations.
There has been $90 billion invested in robotics companies in the last five years, according to F-Prime Capital’s 2023 State of Robotics Report. However, Microsoft co-founder Bill Gates just shared five startups he thinks are making robots a reality. The Corvallis, Ore.-based
I’m not in love with predictions and I realize January is about gone, but here are some thoughts I picked up from Anders Billesø Beck, VP of Innovation and Strategy at Universal Robots. 2023 was an exciting year for innovation. That makes me confident that 2024 will see the growth of data-driven logistics and manufacturing systems.
Simbe Robotics is helping close these gaps with its Tally inventory management robot. The system uses computer vision , AI, and mobile robots to deliver real-time visibility into inventory and pricing. Explore the RBR50 Robotics Innovation Awards 2024. trillion due to out-of-stocks and $562 billion due to overstock.
Robotic Crew founders at RoboBusiness 2023. Robotic Crew offers staffing in Latin America for robot development, as well as operations and fleet management. “Robotics is at the stage software was at in 2005, and many vendors and integrators don’t yet realize how Latin American talent can help them.”
Dextrous Robotics, a Memphis-based startup that developed a chopstick-like robot to unload boxes from trailers, has shut down. Evan Drumwright and Sam Zapolsky founded Dextrous in 2019, and the company dissolved in late December 2023. But in 2023, that was a different story. “We knew that going into it.
In March 2023, FANUC Corp. noted that ROBEL Rail Automation GmbH has developed a system to repair rails and points, or movable track sections, using its industrial robot arms. Some of those funds could be used to procure systems including railway-repair robots. Explore the RBR50 Robotics Innovation Awards 2024.
Year Founded: 2021 Number of Employees: 11-50 Innovation Class: Technology, Product & Services Generative AI is a groundbreaking technology that was almost impossible to ignore in 2023. Last year, it released PickGPT, a robotics transformer that combines LLMs with the company’s computer vision technology. Register now.
The IFR considers service robots to include this automated guided vehicle (AGV), which can move up to 20 tons in a warehouse. Source: Stäubli Sales of professional service robots have increased by 30% worldwide, according to the International Federation of Robotics, or IFR. ” Register now. . ” Register now.
Historically, humanoids have been relegated to robotics research labs. And it all began with Agility Robotics’ Digit humanoid. Agility Robotics co-founder and chief robot officer Jonathan Hurst will keynote the Robotics Summit & Expo , which runs May 1-2 in Boston. However, the tides are changing.
Digit at the 2024 Robotics Summit & Expo. Credit: Eugene Demaitre Agility Robotics today announced changes to its executive team as it productizes and commercializes its Digit humanoid robot. Agility Robotics also said that Melonee Wise is moving from chief technology officer to the role of chief product officer (CPO).
One of Pipedream’s delivery robots travels through its underground tunnel to deliver goods. which has developed underground logistics networks, has partnered with Curiosity Lab to launch a below-ground delivery system in Peachtree Corners, Ga. million in 2023 to $2.1 Source: Pipedream Pipedream Labs Inc.,
Robot insights The International Federation of Robotics highlights several trends on the robotics industry and where the future lies. Robots continue to grow in manufacturing and non-manufacturing operations. The International Federation of Robotics (IFR) highlights five trends for the robot industry for 2023.
The Robot Report Podcast · Navigating Robotics Through the Political Landscape In Episode 167 of The Robot Report Podcast, co-hosts Mike Oitzman and Gene Demaitre discuss the latest robotics news from the past week. It’s time to switch to Zebra Robotics Automation.
The Singapore-based company launched its first generation of humanoid robots this year, designated the GR-1. The joint module that is fitted at the hip of the robot is capable of producing a peak torque of 300 Nm, which allows it to walk at a speed of 5 kph (3.1 This enables the robot to program itself to execute tasks, it asserted.
The Robot Report Podcast Ali Kashani on the Future of Last-Mile Logistics In Episode 189 of The Robot Report Podcast, co-hosts Mike Oitzman and Eugene Demaitre interview Ali Kashani, co-founder and CEO of Serve Robotics. He also talks about plans to scale their fleet of delivery robots significantly.
With the market for logistics-focused robotics hitting $8.78 billion in 2023 and strong growth anticipated over the next decade, there is obvious enthusiasm for this type of technology in a supply chain context.
2024 could be a year of building robotics momentum. Source: Adobe Stock 2023 was a year of great change within the robotics industry. We’ll see ripple effects from the latest booms in artificial intelligence and humanoid robots for years to come. Here are five robotics trends that we think will take center stage in 2024.
ProMat 2023 has come to an end. What technologies made an appearance on the show floor that are helping shape the future of smart warehousing, logistics, and manufacturing operations?
Source: Locus Robotics Even the most successful mobile robot vendors are adjusting expectations and staffing levels in reaction to slowing post-pandemic growth. Locus Robotics Corp. Warehouse construction also declined by 25% in 2023, reported Interact Analysis, but demand for mobile robots did increase.
“Since August 2023, we have secured 12 additional patents, reflecting our relentless pursuit of innovation in autonomous technology,” stated Lior Tal, CEO of Cyngn. ” Founded in 2013, Cyngn develops and deploys autonomous vehicle technology for industries such as automotive manufacturing and logistics. .”
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