Thu.Feb 29, 2024

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Figure AI raises whopping $675M to commercialize humanoids

Robotics Business Review

We declared 2023 the year of the humanoid, but 2024 has already said, “Hold my beer.” You likely read leaked reports about this last week, but today Figure AI Inc. confirmed that it has raised $675 million to develop humanoids. With the Series B funding, the Sunnyvale, Calif.-based company is now valued at $2.6 billion. Microsoft, OpenAI Startup Fund, NVIDIA, Amazon Industrial Innovation Fund, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Capital, Align Ventu

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Five minutes with… Nick Guise, Head of Marketing at Trakm8

SMMT

Describe what Trakm8 does? At Trakm8, we are committed to delivering comprehensive fleet management solutions that empower our clients to achieve optimal performance and efficiency. Trakm8’s holistic approach to fleet management, encompassing cameras, telematics, AI Fleet/Route Optimisation, and vehicle health monitoring, offers a 360-degree view of fleet operations from a single platform.

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Researchers debut TWIN lower limb exoskeleton

Robotics Business Review

TWIN is made of lightweight materials, and it has modular components for usability and transportation. | Source: IIT Italian researchers last week announced the TWIN powered exoskeleton for lower limbs. They said they have designed it to be easier to wear than competing exoskeletons on the market. TWIN is the product of a collaboration between Rehab Technologies IIT – INAIL, the joint laboratory between the Istituto Italiano di Tecnologia ( IIT – Italian Institute of Technology) in G

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Anti-static ion air cannon is CE, UL, and RoHS certified

Design World

EXAIR’s Gen4 Ion Air Cannon eliminates static electricity and cleans at distances up to 15 ft, with no moving parts. It is suitable for bench-tops, machine mounting, and those “hard to reach” spaces that require a concentrated flow of static eliminating ions. This engineered product has undergone independent laboratory tests to certify it meets the… The post Anti-static ion air cannon is CE, UL, and RoHS certified appeared first on Design World.

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The Supply Chain in 2025: What to Expect

In 2025, the Supply Chain continues its evolution toward “Logistics 4.0,” inspired by Industry 4.0. Two major characteristics define this transformation: automation, driven by robotic solutions, and prediction, paving the way for an era of planning and simulation powered by Artificial Intelligence (AI).

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Visibility Across IT, OT and IoT Domains to Illuminate Attack Vectors and Risks

Gary Mintchell

Tenable One has some news today about the release of Tenable One. It is a visibility product that allows managers and others to see assets across an enterprise regardless of IT, OT, or IoT. You will notice a new marketing term in the release—at least new to me. The company is now called an “Exposure Management” company. They tell me that means it enables organizations to understand cyber risk in order to make more effective business decisions.

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CDP honors Delta with double A scores for contribution to climate change and water security

Design World

Delta Electronics Inc, a global provider of IoT-based Smart Green Solutions, today announced it has achieved double “A” scores in the 2023 Climate Change and Water Security reports of CDP for the third time. This year’s double “A” score was granted to only 61 companies out of over 21,000 worldwide based on their superior contribution… The post CDP honors Delta with double A scores for contribution to climate change and water security appeared first on Design World.

More Trending

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Zero-emission Energy Observer nears the end of its voyage after seven years

E&T

Built as a floating laboratory for renewable energy technologies, the 100-foot Energy Observer has logged 63,040 nautical miles without burning any fossil fuels.

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Punyo is a soft robot from TRI designed for whole-body manipulation

Robotics Business Review

While humanoid robots have burst into mainstream attention in the past year, and more and more companies have released their own models, many operate similarly. The typical humanoid uses arms and grippers to handle objects, and their rigid legs provide a mode of transportation. Researchers at the Toyota Research Institute, or TRI, said they want to take humanoids a step further with the Punyo robot.

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Australia could convert former mining sites into mass renewable energy storage, according to study

E&T

Researchers have identified 37 former mining sites in Australia that present the ideal conditions for installing pumped hydro facilities as a way to store renewable energy.

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Entek to Unveil New Twin-screw Technology at NPE2024

Plastics Today

In addition to a sneak preview of the twin-screw HT 92 in development, Entek will showcase offerings from its new Wear Parts Division.

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The 2nd Generation of Innovation Management: A Survival Guide

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

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Removing excess water vapour from the stratosphere could help cool our planet

E&T

A research team at the National Oceanic and Atmosphere Administration (NOAA) is exploring the possibility of removing excess water vapour from the Earth’s atmosphere to combat climate change.

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Electronic Invoicing to Become Mandatory in the German B2B Sector: What, Why and How?

Seeburger

The introduction of e-invoicing in Germany marks a significant step towards the digital transformation of business processes and a more modern approach to financial transactions. In a world characterized by continual technological progress, Germany has recognized the need to replace paper-based invoicing with efficient electronic workflows.

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Car industry urges ‘fair tax for a fair transition’ to put EVs back in the fast lane

SMMT

New research shows almost half of would-be EV buyers will now wait until after 2030 to switch – compared with just one in 10 last year. Third of motorists most concerned with upfront cost as private EV uptake down -19% year on year in 2023 after end of consumer incentives. Industry urges EV tax breaks to boost demand – with 50% VAT cut most popular incentive for drivers to switch.

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Strategy, Incubation and Applications shows up strong at Cisco Live EMEA

Cisco Smart Manufacturing

It was a strong start to the new year with an incredible week in Amsterdam, where the gloomy weather was a stark contrast to the excitement and energy of the 16,000 people who came together to talk… Read more on Cisco Blogs

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Robotic jellyfish to explore areas of the ocean where no human has gone before

E&T

Researchers at Caltech have augmented jellyfish with cyborg technology to explore the oceans.

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Cisco Accelerates Convergence of IT and Operations Technologies

Cisco Smart Manufacturing

Internet of Things (IoT) remains one of the stronger markets in which customers are considering investing.

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Luton plant to begin Vivaro electric van production from 2025

SMMT

Vauxhall has announced that production of its Vivaro Electric van will begin at its Luton manufacturing plant from the first half of 2025. Limited production of the medium-sized electric vehicle, and its equivalent models from other Stellantis brands, will start in spring next year, making Luton the second Stellantis factory in the UK to manufacture EVs.

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Seamless shopping with Room & Board

Cisco Smart Manufacturing

In the bustling world of retail, the customer experience reigns supreme. Retailers are continuously seeking innovative ways to enhance customer engagement and satisfaction.

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The Future of Manufacturing: Behind-the-Scene Insights from the IMTS Conference

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Schneider Electric introduces EcoStruxure Plant Lean Management for data-driven decision making

Automation Mag

Schneider Electric has launched EcoStruxure Plant Lean Management, a digital solution that reportedly collects and aggregates data across industrial operations to develop key performance indicators (KPIs) for short interval management (SIM) meetings, where shop floor teams review production cycles. According to the company, EcoStruxure Plant Lean Management automatically collects the relevant Information Technology and Operational Technology data for KPIs on productivity, service levels, quality

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You’re automated for success with Cisco’s Continuing Education program

Cisco Smart Manufacturing

The tedious task of logging Continuing Education (CE) credits can be a frustrating speed bump in the certification journey.

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Foam Expo Explores Manufacturing Optimization

Plastics Today

Foam Expo attendees also will have access to the co-located Adhesives & Bonding Expo.

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Promoting Sustainable Livelihoods in South America and the Amazon

Cisco Smart Manufacturing

This is the second blog in our three-part series about Cisco Foundation climate grantees working in the Amazon and South America region.

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CNC Design Guide: Enhance Machining for Precision, Efficiency, and Cost Reduction

Unlock the full potential of CNC machining with our comprehensive design guide. Learn how to optimize your designs for precision, efficiency, and cost savings. Gain key insights on part complexity, tolerances, materials, finishes, and much more. Whether you’re developing prototypes or production parts, our guide offers practical tips to streamline your process and ensure high-quality results.

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New VLM-60 multi-turn encoder from Netzer Precision

Motion Control Tips

Netzer has introduced the new VLM-60 multi-turn, hollow-shaft absolute rotary encoder, the ideal solution for smooth and continuous production with limited space. The VLM-60 multi-turn encoder from Netzer is an extremely low profile, hollow-shaft absolute rotary encoder. Often used in multi-axis machinery, servo motors machine tools or robots, and process machine manufacturing, the VLM-60 ensures […] The post New VLM-60 multi-turn encoder from Netzer Precision appeared first on Motion Cont

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Narendra Modi lays foundation stone on India’s first spaceport in over 50 years

E&T

The spaceport will be located in a coastal village in the province of Tamil Nadu.

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Investing in partnerships for inclusion and innovation: a spotlight on Astia and Kiva

Cisco Smart Manufacturing

The Social Impact Partner Spotlight series highlights various Cisco non-profit organization partners that are helping transform the lives of individuals and communities.

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Kellogg’s Pushes Sustainable Packaging from Good to Gr-r-reat!

Plastics Today

Even with 98% of WK Kellogg Co packaging already recyclable or recycle ready, the company continues to maximize sustainability.

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How to Drive Cost Savings, Efficiency Gains, and Sustainability Wins with MES

Speaker: Nikhil Joshi, Founder & President of Snic Solutions

Is your manufacturing operation reaching its efficiency potential? A Manufacturing Execution System (MES) could be the game-changer, helping you reduce waste, cut costs, and lower your carbon footprint. Join Nikhil Joshi, Founder & President of Snic Solutions, in this value-packed webinar as he breaks down how MES can drive operational excellence and sustainability.

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JR Machine adds two executives to leadership team

The Fabricator

JR Machine, a contract manufacturer of complex machined parts in Shawano, Wis.

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Seeq Announces Generative AI Capabilities with Seeq AI Assistant

Manufacturing Tomorrow

New AI capabilities accelerate operational excellence across the industrial enterprise

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Your Press Brake Tooling One Stop Shop – Wilson Tool International

The Fabricator

Wilson Tool International manufactures the most comprehensive line of press brake tooling in the world. From precision to planer machined in European, WT, American and ATC tooling styles and more, along with clamping/crowning and accessory options to speed up your manufacturing process, Wilson Tool has your press brake needs covered. More Information.

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HYNAERO and Altitude Aerospace sign cooperation agreement

Canadian Manufacturing

Fregate-F100 Cooperation (CNW Group/Altitude Aerospace) MONTREAL — HYNAERO and Altitude Aerospace have signed a cooperation protocol for a strategic collaboration in the development of the Fregate-F100 amphibious water bomber aircraft. HYNAERO, a start-up from Bordeaux (France) is working on the design and manufacturing of a new generation amphibious water bomber aircraft, the Fregate-F100, and announces the signing of a cooperation protocol (MoU) with Altitude Aerospace, an international

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How To Select the Right Software for Innovation Management

Finding the right innovation management software is like picking a racing bike—it's essential to consider your unique needs rather than just flashy features. This oversight can stall your innovation efforts. Download now to explore key considerations for success!