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Samsung increases stake in Rainbow Robotics, establishes Future Robotics Office

Robotics Business Review

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.

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Serve Robotics raises $86M for last-mile delivery expansion

Robotics Business Review

The third-generation Serve Robot is designed to be more rugged, safer, and capacious. Source: Serve Robotics Serve Robotics Inc. This liquidity position reflects strong confidence in our vision and market potential, stated Brian Read, chief financial officer of Serve Robotics. The Redwood City, Calif.-based

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MassRobotics names 2025 Healthcare Robotics Startup Catalyst cohort

Robotics Business Review

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.

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Study finds both AR and robot-assisted surgeries enable high precision

Robotics Business Review

An HSS study tested the effectiveness of robot-assisted and augmented reality surgeries. Compared to conventional free-hand techniques, both robotic-assisted navigation [RAN] and the use of augmented reality [ AR ] have demonstrated superior accuracy,” said Darren R. RAN involves robotic guidance of surgeon-operated instruments.

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Europe has a key role to play in the development of robots, humanoids

Robotics Business Review

Europe is a major center of robotics development and use, according to Humanoid. Source: Adobe Stock While headlines often spotlight U.S. Robotics innovation is happening across Europe Europe offers a favorable market for development, a solid talent pool, and no shortage of innovative ideas and research labs. Apply to speak.

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Sandvik adds Universal Field Robots to mining division

Robotics Business Review

Source: Universal Field Robotics Sandvik AB today said it has acquired Universal Field Robots, or UFR, a developer of autonomous systems for the surface and underground mining markets. As of 2023, the company had about 41,000 employees, sales in 170 countries, and revenue of SEK 127 billion ($11.5 billion U.S.).

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ABB plans to spin off its robotics division

Robotics Business Review

ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. Source: ABB One of world’s top industrial automation providers is becoming more independent. ABB Group announced during its earnings call today that it plans to spin off its entire robotics division.