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Source: Schindler Group LOXO AG today opened its first international subsidiary in Munich, Germany. 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.”
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: Rainbow Robotics Samsung Electronics Co. More recently, Rainbow in 2023 opened a branch office in Schaumburg, Ill., In addition, Samsung plans to use Rainbow Robotics RB cobots , dual-arm mobile manipulator , and autonomous mobile robots ( AMRs ) to automate manufacturing and logistics tasks. Samsung first acquired a 14.7%
Source: RoboForce RoboForce on Monday emerged from stealth with $10 million in early-stage funding. Founded in 2023, RoboForce’s team is made up of tech leaders from CMU Robotics, Michigan Robotics, Amazon Robotics, Tesla Robotics, Google, Waymo, Apple, and Microsoft. million in 2023. It will grow at a CAGR of 23.9%
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. ” OTSAW OTSAW is delivering systems for security, healthcare, and logistics automation.
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.
This wasnt merely moving machinery; it was a carefully orchestrated symphony of logistics that had been two years in themaking. It stands as a testament to Australias manufacturing muscle and logistical finesse, in an era when many believed such capabilities had waned. Its a story of Victorian excellence.
Source: AgiBot Robot training, especially for emerging humanoids for diverse environments or applications, requires a lot of high-quality data. The open-source platform invited researchers and practitioners “to collaboratively shape the future of embodied AI.” ” Register today to save 40% on conference passes!
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. As 2023 comes to an end, let’s look back at some of the biggest trends in the robotics industry this year. As 2023 comes to an end, let’s look back at some of the biggest trends in the robotics industry this year.
Image: Ryan/stock.adobe.com The evolution of Australia’s defence expenditure from 1949 to 2023 reveals a story of growth, with recent years showing increases. By 2023, defence expenditure had soared to over $50 billion, and, according to SIPRI, Australia was ranked 13th in global military expenditures during this time frame.
Source: Cyngn Cyngn Inc. “Since August 2023, we have secured 12 additional patents, reflecting our relentless pursuit of innovation in autonomous technology,” stated Lior Tal, CEO of Cyngn. US-11,851,074-B2 System and Methods of Large-Scale Autonomous Driving Validation 12/26/2023 18.
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. These 2023 robot orders were divided almost equally among automotive (15,723 robots sold) and non-automotive companies (15,436 robots sold).
Draganfly said that the proof-of-concept with Mass General Brigham demonstrated how drones can minimize traditional logistics delays in healthcare. Source: Draganfly Draganfly Inc. This results in minimized traditional logistical delays. million in 2023. It is expected to grow at a CAGR of 22.3% Ondas Holding Inc. ,
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.
Facing Raw Material Shortages: Losing $100 billion globally due to export bans and extreme weather in 2023, industries are seeking alternative sourcing strategies. Responding to these challenges, nearshoring is providing a practical solution for addressing logistical uncertainties and operational inefficiencies.
Source: Stäubli Sales of professional service robots have increased by 30% worldwide, according to the International Federation of Robotics, or IFR. The Frankfurt, Germany-based organization said that its statistics department registered more than 205,000 units in 2023. Sales grew by 35%, with nearly 113,000 units sold in 2023.
Buzz continues to grow in the manufacturing industry about the upcoming foodpro 2023 event which this year features new innovation zones and other valuable show interactions not to be missed. Logistics and Handling: In this new zone connect with logistics experts and test advancements in supply chain technology and equipment.
Source: Capra Robotics Capra Robotics today announced that it has obtained 11.3 ” Since it launched its initial product in 2023, Capra said it has been gaining momentum with its material handling system that bridges the gap between indoor and outdoor logistics operations. million, around $11.6 million, in seed funding.
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
Source: ABB One of world’s top industrial automation providers is becoming more independent. Source: ABB ABB Robotics is global No. In 2023, ABB planned to spend $20 million to expand U.S. ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. production. With 2024 revenues of $2.3
Source: Pipedream Pipedream Labs Inc., which has developed underground logistics networks, has partnered with Curiosity Lab to launch a below-ground delivery system in Peachtree Corners, Ga. It is the first city to launch and install Pipedream’s underground logistics system, according to Pipedream and Curiosity Lab.
New eCommerce platform for sourcing, buying and selling wooden pallets wins award as top software startup in the trucking, supply chain and logistics space.
Source: Locus Robotics Even the most successful mobile robot vendors are adjusting expectations and staffing levels in reaction to slowing post-pandemic growth. based company serves the retail, healthcare, manufacturing, and third-party logistics (3PL) industries and offers a robotics-as-a-service ( RaaS ) model. Locus Robotics Corp.
Source: DroneUp DroneUp LLC last week announced that it has completed 500 deliveries in a single day. “Our team has optimized ground logistics to ensure that we can maintain high delivery volumes without compromising on safety or efficiency and, most importantly, drive costs down.”
Robotic Crew founders at RoboBusiness 2023. Source: Ricardo Petrazzini While U.S. “When I went to RoboBusiness 2023, I met a Ph.D. “International networking is a must, and countries like Argentina are a huge untapped source of engineers.” ” The Coral Gables, Fla. ” Register now.
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. Devices based on the technology at work in MOXIE will be key for future missions.
.” “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.
SICK and Endress+Hauser signed a joint memorandum of understanding for a strategic partnership in October 2023. Customers will benefit by receiving more products from a single source. The core business of factory and logistics automation, which accounts for more than 80 percent of sales, will not be affected by the partnership.
Source: Comau While policies around alternative energy sources may shift, overall energy demand is still leading to growing interest in automation. ” Lisbon, Portugal-based EDP claimed that 98% of its energy comes from renewable sources, and it has installed solar capacity of more than 4GW. Last year, Comau S.p.A.
Ubtech says its humanoid robots can be used in industrial manufacturing, exhibition halls, warehousing and logistics, commercial office services, home services, and college and research institutions. Walk S is designed for inspection, assembly, and logistics tasks. Walker S humanoid robot The Walker S humanoid is 1.7 m tall (around 5.58
This wasnt merely moving machinery; it was a carefully orchestrated symphony of logistics that had been two years in themaking. It stands as a testament to Australias manufacturing muscle and logistical finesse, in an era when many believed such capabilities had waned. Its a story of Victorian excellence.
Source: Honeywell Honeywell International Inc. It will provide hardware and software to improve productivity for customers in industries such as manufacturing and logistics. Honeywell finished its comprehensive business portfolio evaluation, which it launched a year ago.
IDTechEx’s market research report, titled “ Mobile Robotics in Logistics, Warehousing, and Delivery 2024-2044 ”, delves into the technical, regulatory, and market aspects influencing the emerging logistics mobile robot industry. mobile picking, intralogistics, material handling, etc.) from 2015 to 2022. from 2015 to 2022.
Source: Figure AI The interest in humanoid robots continues to gain steam. This is an impressive milestone for Figure, which was founded in 2022 and exited stealth in early 2023. Figure AI publicly showed its humanoid walking for the first time in October 2023. Sunnyvale, Calif.-based This, again, is quite remarkable.
Source: IFR According to the International Federation of Robotics’ World Robotics report, the number of industrial robots operating globally reached a new high of 4,281,585 units in 2023, marking a 10% increase from the previous year. For the third consecutive year, annual robot installations surpassed half a million units.
Service robot sales climb by 30% worldwide, reports the IFR According to the International Federation of Robotics (IFR), sales of professional service robots surged by 30% globally in 2023, reaching over 205,000 units. Transportation and logistics applications led the way, with sales increasing by 35%.
Especially in light of the pandemic, which highlighted significant vulnerabilities in global logistics and supply risks. It’s an attractive middle-ground that enables OEMs to adopt a hybrid sourcing strategy that considers multiple factors. Likewise, what’s right for an OEM in 2023, may need rejigging again several years down the line.
Especially in light of the pandemic, which highlighted significant vulnerabilities in global logistics and supply risks. It’s an attractive middle-ground that enables OEMs to adopt a hybrid sourcing strategy that considers multiple factors. Likewise, what’s right for an OEM in 2023, may need rejigging again several years down the line.
January 05, 2023 09:05 AM Eastern Standard Time. . Analytics from trusted sources can go a long way toward providing transparency in negotiations, achieving savings and maintaining good relationships among transportation partners.”. With thinner margins in 2023, carriers need to maximize utilization.
Source: SiLC Technologies SiLC Technologies Inc. In November 2023, SiLC raised $25 million to expand production of its Eyeonic Vision System. said it is working to give robots the intelligence to see, move, touch, think and learn, freeing human workers for other warehouse and logistics tasks. Dexterity Inc.
Source: Xwing A joint program by the U.S. In modern conflict, it’s axiomatic that logistics wins wars. In air freight alone, just under 16 million metric tons of cargo was flown worldwide in 2023. Xwing aircraft involved in USAF autonomy tests. Air Force and Xwing Inc. to McClellan Airfield near Sacramento.
in Q4 2023, with a goal of increasing digitally driven sales to 6668% in 2025. increase from 2023. Read report: Fastenal Company Reports 2024 Annual and Fourth Quarter Earnings Wrth Groups largest logistics investment is now operational with a 37% increased order picking and stock capacity. The FDI rose modestly to 48.1
Source: Locus Robotics Locus Robotics Corp. Locus serves the retail, healthcare, manufacturing, and third-party logistics (3PL) industries and offers a robotics-as-a-service ( RaaS ) model. ” During the 2023 peak holiday season, LocusBots picked more than 331 million units. In all of 2023, Locus picked a total of 1.2
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