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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.
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
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.
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.
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.
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.).
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.
Robot density in the manufacturing industry in 2023, according to the IFR. Source: IFR Factories worldwide are continuing to adopt more robots, according to the International Federation of Robotics, or IFR. The Frankfurt, Germany-based IFR noted the growth in its “World Robotics 2024″ report.
Source: RoboForce RoboForce on Monday emerged from stealth with $10 million in early-stage funding. The company said its robot can fulfill labor shortages in harsh outdoor conditions, complete hazardous tasks, and increase project efficiency and cost savings. Like humanoids, t hese robots can autonomously navigate and grab objects.
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
Chef Robotics targets high-volume, high-mix food assembly applications, one of the hardest problems to train AI for. Source: Chef Robotics Chef Robotics Inc., which has developed robotic systems for meal assembly, today announced that it has raised $43.1 Robotics is really having a moment right now.
Hello Robot today launched the third edition of its Stretch mobile manipulator robot. Hello Robot said it has improved the manufacturability and the usability of the robot. With Stretch 3, we are taking a real step towards a future with home robots,” said Dr. Aaron Edsinger, co-founder and CEO of the company. “We
Robotics companies raised $749 million in December 2023 as a result of 41 investments. Robotics investments reached about $12.9 billion for 2023. In December 2023, makers of autonomous mobile robots for indoor applications such as e-commerce fulfillment were well represented.
Nauticus Robotics’ flagship Aquanaut robot. Source: Nauticus Robotics Nauticus Robotics and Leidos have partnered to advance the state of autonomous underwater robots. The companies plan to combine their complementary expertise to develop robots capable of tackling increasingly complex missions.
The industrial robot market is expected to grow by ~3.7% Source: Interact Analysis Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. The global market research firm says the industry is starting to bounce back from a 2023 low point.
Robotics investments reached about $418 million in November 2023 as a result of 40 funding rounds. November’s $418 million was the lowest monthly funding amount through the first 11 months of 2023. With the November investments, robotics funding for the first 11 months of 2023 totals approximately $12.1
Source: Adobe Stock Interact Analysis reduced its forecast for the global mobile robot market by 18% in 2027 due to a series of macroeconomic factors it said are impacting demand. In Interact Analysis’ most bullish prediction scenario, mobile robot shipments could reach nearly two million by 2030.
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. ” Register today to save 40% on conference passes!
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.
For the Accelerate Program, the Robotics Factory will invest up to $100,000 in the form of a convertible note in addition to receiving 2% common stock equity from participating companies. Source: Robotics Factory The Robotics Factory has opened the application window for its Accelerate program.
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%
Teradyne’s robotics group generated $375 million in revenue in fiscal 2023. based Teradyne owns Energid (motion planning software), Mobile Industrial Robots (autonomous mobile robots) and Universal Robots (collaborative robot arms). Universal Robots (UR) generated $304 million in revenue in 2023.
Shanghai-based Fourier Intelligence provides one example of humanoid robot development in China. Source: IFR While other countries debate the best mix of public policy, academic research, and private investment to advance their economies, the People’s Republic of China is focusing on robotics. Click here to enlarge.
This news contains information about another open-source industrial computer based on an inexpensive module—in this case Raspberry Pi. 11 the publication of its first Revolution Pi White Paper, presenting the seven-year history and technical details of this revolutionary open-source industrial PC (IPC) in an easily-digestible medium.
Source: Smart Vision Works Fresh-pack potato processors struggle to find workers for the final inspection of potato sorting and grading. Smart Vision Works last week announced the SiftAI Robotic Sorter, which combines a delta robot with an AI-based vision inspection system to sort potatoes. The Westborough, Mass.-based
Ozmo, Skyline Robotics’ flagship robot, uses force sensors to calculate how much pressure it can use when cleaning windows. Source: Skyline Robotics Alimak Group and Skyline Robotics are creating an automated building maintenance unit (BMU). Register today to save 40% on conference passes!
Source: Vention Vention launched its first turnkey robot for sanding. The company said it developed the product due to growing demand for robot workcells for sanding applications, especially in cabinet making. This is a collaborative robot ( cobot ) with advanced safety features for working alongside humans.
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.
Interact Analysis here discusses two new growth areas it has identified from its research and conversations with manufacturers: smart conveyance technology and robots with machine-integrated control. Planar technology is still in its trial period, generating sales of nearly $20 million in 2023.
Source: Proprio A looming U.S. Proprio is among the companies addressing this shortage with robotics. Advances in surgical robotics continue apace, leading to systems that can increasingly perform precise tasks with minimal human intervention. Source: Proprio How did you develop the Paradigm surgical navigation platform?
The operational stock of industrial robots worldwide. Source: IFR World Robotics The International Federation of Robotics’ latest World Robotics report recorded 4,281,585 units operating in factories worldwide in 2023. Source: IFR China is by far the world’s largest market for automation.
READY Robotics, a Columbus, Ohio-based company founded in 2016, has shut down. It was best known for its ForgeOS robot-agnostic operating system, but it recently branched out into automation consulting and launched a palletizing system. Silicon Valley Disposition is auctioning off equipment from READY Robotics between August 13-15.
Da Vinci systems offer surgeons high-definition 3D vision, a magnified view, and robotic and computer assistance. Source: Intuitive Surgical Intuitive Surgical Operations Inc. this week announced preliminary fourth-quarter results that highlight significant da Vinci surgical robot procedure growth. billion in sales.
Source: Brightpick Brightpick today announced that it has raised an additional $12 million in a mix of equity and debt funding. The company said it will primarily use the new funding to support the deployment of robots and artificial intelligence in the U.S., appeared first on The Robot Report. Europe, and Asia. and Europe.
Robotic Crew founders at RoboBusiness 2023. Source: Ricardo Petrazzini While U.S. Robotic Crew offers staffing in Latin America for robot development, as well as operations and fleet management. Robotic Crew offers staffing in Latin America for robot development, as well as operations and fleet management.
million operational robots in 2022, according to the new World Robotics report from the International Federation of Robotics (IFR). The report also included information about robot density worldwide. Robot density measures the number of operational industrial robots per 10,000 employees in a country.
The Viam platform operates across multiple domains, including robotics, IoT, smart home applications, and factory automation. Viam was a 2023 RBR50 honoree for the innovation of developing an open-sourcerobot architecture with an integrated cloud service. One robotics customer using Viam is Tennibot.
The Ozmo robotic window cleaner operates on a skyscraper in New York City. Source: Skyline Robotics Cleaning the windows of skyscrapers around the world meets the definition of dull, dirty, and dangerous jobs for robot assistance. ” Skyline Robotics’ Ozmo cleans a building facade.
Source: Schindler Group LOXO AG today opened its first international subsidiary in Munich, Germany. billion in 2023 and projected to surpass $504 billion by 2032, has enormous untapped potential,” asserted LOXO. The post LOXO expands into Germany with self-driving logistics subsidiary appeared first on The Robot Report.
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.
Versius surgical robotics systems. Source: CMR Surgical CMR Surgical Ltd. this week announced that it closed 2023 with a record number of Versius surgical robot installations in one quarter. based company reported more than 17,000 procedures completed with the surgical robot during the year for growth of more than 60%.
Listen to the episode on this link: The Robot Report Episode 187 In Episode 187 of The Robot Report Podcast, co-hosts Mike Oitzman and Eugene Demaitre interview Fabio Gehrlicher, Director of Market Expansion at Wandelbots. These innovations collectively expand the range of real-world tasks that robots can perform.
Vayu says the automatic cargo-unloading mechanism in its delivery robots is the first of its kind. Source: Vayu Robotics While e-commerce deliveries are growing, the cost per delivery remains stubbornly high, according to Vayu Robotics Inc. “Vayu’s robot does the opposite.” The Palo Alto, Calif.-based
Phantas is a small commercial cleaning robot that can pass through narrow aisles and under-table areas. Source: Gausium Gausium last week announced a strategic investment that brings its cumulative Series D funding to $50 million. For example, a collaboration with SoftBank Robotics involved more than 2,000 units of the Phantas system.
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