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Source: Intuitive Surgical Intuitive Surgical Operations Inc. Intuitive Surgical reported 17% growth in worldwide da Vinci procedures in 2024. Placements of da Vinci also increased by 11% — from 1,526 vs. 1,370 — in comparison with 2024. Preliminary fourth-quarter 2024 revenue totaled $2.41 billion in sales.
Source: Citi GPS Eight years ago, not even $1 million went into startups focused exclusively on humanoids. Source: Robonaut Radfords design perspective is in line with the feats he accomplished at NASA and Robonaut ‘s groundbreaking robotic hand that turned switches and dials on the International Space Station.
Source: Apptronik A year full of humanoid robot news is ending with more developments. The robot earned Apptronik a 2024 RBR50 Robotics Innovation Award for its bespoke linear actuators. Parker Conroy, director of product at Apptronik, spoke at RoboBusiness 2024 about AI and humanoids. Apptronik Inc. The robot is 5 ft.,
In March 2024, Abhishek Gupta, Jackson Jesionowski, and Ashish Gupta founded Open Droids around the idea of creating an open-source robot platform. The San Francisco-based company launched the R1D1 single-arm mobile manipulator in August 2024 and had a booth in the startup zone at RoboBusiness 2024.
UR and MiR consolidated R&D facilities and headquarters in 2024. Source: Universal Robots Economic uncertainty has taken a toll on the robotics industry, including leading vendors. “In 2024, we combined UR and MiR operations into a unified robotics operations group.” Teradyne Inc.’s based company.
I checked in to the only source I have, Control Global , who somehow maintains contact and once again published the email show daily. Maheshwari and other Honeywell business leaders mapped out the company’s business vision to open this week’s 2024 Honeywell Users Group (HUG) Conference at the Hilton Anatole in Dallas.
Source: Serve Robotics Serve Robotics Inc. today said it secured $86 million in December, bringing its total gross proceeds raised in 2024 to $167 million. The additional December 2024 funding includes proceeds raised through the company s previously filed ATM facility and the exercise of warrants. The Redwood City, Calif.-based
Source | Getty Images The American Mold Builders Association announces the release of its 2024 AMBA Wage and Salary Report. The 2024 report is based on data from 89 U.S. To purchase the 2024 report, visit [link]. As the premier compensation study for the U.S. mold builders, representing nearly 4,000 employees.
Fifty-four producers of robots and robotics enabling technologies raised funding in September 2024, pulling in a total of $3.7 This is the highest monthly funding amount for 2024. September’s investment exceeded June 2024’s total – the previous monthly leader – by over $1 billion and was more than 2.5
Source: Boston Dynamics Boston Dynamics Inc. Boston Dynamics released an electric version of its Atlas robot in April 2024. In 2024, GXO officially deployed a small fleet of Digit humanoids from Agility Robotics at a Spanx facility in Georgia. At the time, the Waltham, Mass.-based
Robotics investments reached at least $466 million in April 2024, the result of 36 funding rounds. April 2024’s investment total was significantly less than the trailing 12-month average of $1.1 Figure 2: April 2024 robotics investment by country. Figure 3: April 2024 robotics funding by investment type and amount.
Source: ABB Robotics ABB Robotics yesterday announced the launch of a global competition to accelerate the development of artificial intelligence systems in robotics. Startups with expertise in AI and robotics are encouraged to submit their proposals by June 12, 2024. The challenge is now open for applications.
The NLJIC was established in May 2024 in Shanghai. The center also announced Qinglong, its first full-sized humanoid robot, at the 2024 World Artificial Intelligence Conference (WAIC). Qinglong is designed to be an open-source platform for advancing the field of humanoids globally. Apply to speak.
2024 could be a year of building robotics momentum. Source: Adobe Stock 2023 was a year of great change within the robotics industry. Entering into 2024, a number of promising technologies and use cases are primed for growth. Here are five robotics trends that we think will take center stage in 2024.
Source: Photoneo Photoneo Brightpick Group today announced that it has agreed to Zebra Technologies Corp.s In October 2024, Brightpick raised $12 million, and it said it has secured a total of $47 million in funding to date. based Brightpick won Application of the Year in the 2024 RBR50 Robotics Innovation Awards for Autopicker.
Source (Clockwise) | Rockling Mfg., Peruse 2024’s top maintenance content, including topics like inspection/measurement, maintenance and repair and surface treatment. Beaumont Technologies Inc., Angie Steingass, Boride Engineered Abrasives Are you looking to catch up on your reading with MMT ? Look no further.
In July 2024, Chinese organizations issued draft guidelines for the development of robots including humanoids, seen as a priority for economic development. In August 2024, LimX demonstrated its CL-1 humanoid robot loading heavy objects continuously. The modular TRON 1 combines wheels and two legs. It has raised $27.5
Source: RoboForce RoboForce on Monday emerged from stealth with $10 million in early-stage funding. from 2024 to 2030. In November 2024, Collaborative Robotics, a startup founded by Amazon’s Brad Porter, unveiled its Proxie mobile manipulator publicly for the first time. million in 2023. It will grow at a CAGR of 23.9%
In 2024, it steadily scaled its robotaxi operations while others faltered. It further solidified its position as the dominant player in the robotaxi market in 2024. In October 2024, a remote-controlled robot named Telesco successfully retrieved a small piece of radioactive fuel from Japans Fukushima Daiichi nuclear plant.
The Fastener Distributor Index (FDI) survey for November, 2024 dropped to 46.4 This marked the lowest reading of 2024 to date. The FDI is a monthly survey of North American fastener distributors, conducted with the FCH Sourcing Network and Baird. last month, changing course after rising to56.5in October, seasonallyadjusted.
The year 2024 has been nothing short of a rollercoaster, packed with milestones, challenges, and moments of immense pride. We began the year on an exhilarating note with my visit to IMTEX 2024, a premier event that showcased the latest innovations in manufacturing and machine tools. Heres to a prosperous and dynamic new year!
Reporting the latest news making headlines the week of November 4, 2024. Manufacturing PMI® at 46.5%; October 2024 Manufacturing ISM® Report On Business® NEFCO announced the acquisition of Sheinberg Tool Co., Their largest acquisition to date and marks their tenth acquisition since 2022 and the fourth in 2024. down from 47.2
Source: Gardner Intelligence The Metalworking Index rose above 50 in March to indicate market expansion for the first time since February 2023. All components saw growth over the previous month and only exports failed to exceed March 2024 readings. A reading above 50 indicates expansion, and below 50 indicates contraction.
Source: ABB ABB this week said it plans to invest $120 million in the U.S. In October 2024, it opened a new $100 million manufacturing facility and innovation laboratory for industrial electric drives in New Berlin, Wis. The company was recognized with a 2024 RBR50 Robotics Innovation Award for its modular industrial robot arms.
Source: Stock, Copilot Over the past month, we surveyed our audience to capture the pulse of the moldmaking industry. The Year's Biggest Innovations 2024 has been a landmark year for moldmaking, marked by several groundbreaking developments.
HOST: Lisa Kleinhandler Thank you, Cris, Im Lisa Kleinhandler, Editor-in-Chief at Fastener News Desk reporting the latest news making headlines the week of December 9, 2024. The FDI is a monthly survey of North American fastener distributors, conducted by the FCH Sourcing Network and Baird. reading in October.
Source: Horizon Robotics Horizon Robotics, a Chinese developer of autonomous driving technology , is raising HK$5.4 According to Reuters , this is the largest IPO in Hong Kong in 2024. The post Horizon Robotics raises $696M in Hong Kong’s biggest IPO of 2024 appeared first on The Robot Report.
The acronym is FRED short for Federal Reserve Economic Data, FRED is an online database consisting of hundreds of thousands of economic data time series from scores of national, international, public, and private sources. The FDI is a monthly survey of North American fastener distributors, conducted by the FCH Sourcing Network and Baird.
Source: Rainbow Robotics Samsung Electronics Co. In February 2024, the company partnered with Schaeffler Group and the Korea Electronics Technology Institute ( KETI ) to develop mobile manipulators. The RB-Y1 dual-armed mobile manipulator was announced this year. Samsung first acquired a 14.7% billion ($59 million U.S.).
Source: Slip Robotics For more than a century, truck trailers have been loaded and unloaded in the same way, leading to wasted time for drivers and dangerous bursts of activity for forklift operators. Slip Robotics won a 2024 RBR50 Robotics Innovation Award for its development of SlipBot.
On September 25, 2024, Gree Intelligent Equipment and Universal Robots officially signed a strategic cooperation agreement in Zhuhai to establish a strategic partnership. Automotive suppliers are even adopting “Go East” strategies to reduce investment costs in Europe by sourcing machines and robots from China.
Source: Cornerstone Robotics Cornerstone Robotics Ltd., In September 2024, Cornerstone Robotics obtained National Medical Products Administration (NMPA) approval in China for Sentire, its endoscopic surgical system. a surgical robotics developer, Monday today said it has raised $70 million in Series C financing.
or 3.7%, in the fourth quarter of 2024 when compared to the fourth quarter of 2023. There was one more selling day in the fourth quarter of 2024 relative to the prior year period and, taking this into consideration, our net daily sales increased 2.1% in the fourth quarter of 2024 compared to the fourth quarter of 2023.
Source: Rockwell Automation Rockwell Automation is integrating NVIDIA Omniverse application programming interfaces (APIs) into its Emulate3D digital twin software. based company employs 27,000 people in more than 100 countries as of fiscal year-end 2024. The Milwaukee, Wis.-based
Source: RIC Technology RIC Technology last week debuted its most advanced and largest construction robotic 3D printer, named RIC-PRIMUS. In 2024, the company’s previous model, operated by Alquist 3D , printed an 8,000-sq.-ft. RIC Technology’s new RIC-PRIMUS will be 3D printing live at WOC 2025. m), 20-ft. (6
Advantech, a leading provider of industrial edge AI platforms, is excited to announce that the MIC-732-AO , UNO-148 V2 , MIC-770 V3 + MIC-75GF10 , and I PC-730 have each received a 2024 IoT Edge Computing Excellence Award from IoT Evolution World , a leading website covering the Internet of Things (IoT) marketplace. Today Magazine.
Source: MassRobotics MassRobotics, a robotics innovation organization, recently announced Dr. Cynthia Breazeal as the 2024 recipient of its Robotics Medal. Editor’s note: There will be a ticketed Women in Robotics luncheon as part of RoboBusiness 2024 this week in Santa Clara, Calif. Register now.
Source: Duke Robotics Duke Robotics Corp. The Insulator Maintenance Solution uses remote operation technology to reach locations known for their difficult access. this week announced initial revenue generation from its agreement with the Israel Electric Corp.
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. In the financial year that ended in June 2024 , Universal Field Robots generated revenue of approximately SEK 80 million ($7.2
22, features top threats observed in the first half of 2024, and emerging cybersecurity trends. This report comes from a study by Critical Start who bills itself as “a leader in Managed Detection and Response (MDR) cybersecurity solutions and a pioneer in Managed Cyber Risk Reduction (MCRR).
Source: Cruise General Motors (GM) today announced that it will no longer fund Cruise LLC’s robotaxi deployment work. Cruise fails to recover from 2023 road bumps When Cruise was most successful, it was running services in San Francisco, Austin, Houston, and Phoenix, and had plans to expand to more than a dozen cities in 2024.
Source: Mobile Industrial Robots Mobile Industrial Robots ApS today announced the the latest addition to its growing list of MiR Go-approved products, the MC600 mobile collaborative robot. “By Kumar participated in a fireside chat at the 2024 Robotics Summit & Expo. The MC600 is designed for reliable mobile manipulation, says MiR.
Source: Cruise General Motors Co. Cruise fails to recover from 2023 road bumps When Cruise was most successful, it was running services in San Francisco, Austin, Houston, and Phoenix, and had plans to expand to more than a dozen cities in 2024. today announced that it will no longer fund Cruise LLC’s robotaxi deployment work.
Source: ABB One of world’s top industrial automation providers is becoming more independent. Source: ABB ABB Robotics is global No. billion in 2024, and as a strong performer in its industry, it would benefit from being measured more directly against its peers,” Wierod stated. With 2024 revenues of $2.3
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