Found in Robotics News & Content, with a score of 1.15
July 30, 2024
Fortune 500 global energy company Applied Energy Services Corporation (AES) recently introduced Maximo, an AI-enabled cobot that it said can enhance solar installation speed, efficiency, and safety. Maximo is an autonomous vehicle equipped with robot arms that works alongside construction teams to help meet rapidly growing renewable energy demand. According to the International Energy Agency (IEA) July 2024 Executive Summary, solar annual additions are expected to triple by 2035, and the workforce will need to nearly double. AES said its Maximo can install solar panels in less time at a lower cost than current methods, working together with on-the-ground crews…
Found in Robotics News & Content, with a score of 2.09
April 23, 2024
…commercial deployments Founded in 2022 by former VP of Amazon Robotics and distinguished engineer Brad Porter, Cobot said its team includes robotics and AI experts from Amazon, Apple, Meta, Google, Microsoft, NASA, and Waymo. Cobot said the new capital will be used to further expand its team and advance its commercial deployments. Paul Kwan, managing director at General Catalyst, has joined Alfred Lin from Sequoia Capital on Cobot’s board of directors. “We believe the Cobot team is world-class at building the necessary hardware, software, and institutional trust to achieve their vision,” said Kwan. “Their focus on user partnership and thoughtful…
Found in Robotics News & Content, with a score of 4.58
January 29, 2024
Consumer cleaning robot manufacturer iRobot and e-commerce retailer Amazon recently announced they mutually agreed to forgo Amazon’s planned acquisition of iRobot. In a release, the companies announced they signed a termination agreement that resolves all outstanding transactional matters, including Amazon paying iRobot a previously agreed upon $94 million termination fee. The original $1.7 billion acquisition proposal was announced in August 2022. “Amazon and iRobot were excited to see what our teams could build together, and we're deeply grateful to everyone who worked tirelessly to try and make this collaboration a reality,” said David Zapolsky, Amazon SVP and general counsel. “This…
Found in Robotics News & Content, with a score of 0.64
October 18, 2023
…already used NVIDIA AI and the Jetson platform, including Amazon Web Services, Cisco, John Deere, Medtronic, PepsiCo, and Siemens, NVIDIA said. To accelerate AI application development and deployments at the edge, NVIDIA has also created a Generative AI Lab for Jetson developers to use with the latest open-source generative AI models. Generative AI could transform industries Generative AI can ease development by enabling users to provide more intuitive prompts and change AI models, said NVIDIA. Those models can be more flexible in detecting, segmenting, tracking, searching, and even reprogramming anything, it said. In addition, models created with generative AI can…
Found in Robotics News & Content, with a score of 1.00
October 13, 2023
…for design, order placement, planning, site meetings, installation, and service and maintenance. McMurray Stern built Tech Center to demonstrate innovations The Tech Center concept began several years ago when McMurray Stern recognized the need to elevate its presence in the automated storage sector. The company said its experience, especially through its partnership with Spacesaver, led it to see untapped opportunities beyond traditional shelving and racking. “To bridge this gap and provide clients with a tangible understanding of these innovations, a physical representation of groundbreaking technology was essential,” said McMurray Stern. The company added that Tech Center is intended to offer…
Found in Robotics News & Content, with a score of 0.80
September 17, 2023
…University of Technology. The company has also collaborated with Amazon Web Services (AWS) and BT Group, which provide cloud and 5G communications infrastructure for its autonomous vehicle systems. Bridge round is another investment opportunity The Series A+ funding is a combination of equity and debt and the result partnership with an unnamed global private equity (PE) firm. Conigital declined to identify the PE firm but said it manages £150 billion ($185.7 billion) in assets. The company asserted that its latest investment positions it as “the highest-funded driverless vehicle startup in the U.K. and Europe.” Conigital said the funding is in…
Found in Robotics News & Content, with a score of 0.56
September 13, 2023
…annually,” he asserted in a release. “By providing a robotics-as-a-service [RaaS] solution to security companies, Ascento aims to address these challenges.” Ascento provides robots and proprietary artificial intelligence to patrol large, outdoor, private properties. The Zurich, Switzerland-based startup said its systems can check points of interest, detect edge cases on premises such as those of factories, data centers, energy plants, pharmaceuticals manufacturers, and luxury goods makers. Ascento Guard addresses labor shortages Many countries around the world face a 52% shortage of security guards, according to Gitnux Market Data. To help companies fulfill contractual obligations or sign new business, Ascento has…
Found in Robotics News & Content, with a score of 0.33
June 19, 2023
…million from Reliance Retail Ventures Ltd. and partnered with Amazon Web Services to improve data security and reliability, has its U.S. offices in Irvine, Calif. Robotics 24/7 spoke with Sangeet Kumar, co-founder and CEO of Addverb, about the collaboration with Purdue and his vision for the future of manufacturing. How did this partnership come about? Sangeet Kumar, CEO, Addverb Technologies Kumar: Purdue University was looking for some flexible solutions as it was setting up a smart lab for undergraduate students. It had also collaborated with Microsoft and other companies. The university wanted to teach students about smart manufacturing through practical…
Found in Robotics News & Content, with a score of 4.18
June 14, 2023
Addverb today announced that it has partnered with Amazon Web Services to improve the efficiency of its warehouse automation solutions. The partnership with AWS will allow Addverb to leverage the cloud platform's machine learning, analytics, and Internet of Things, or IoT, connectivity capabilities to enhance the capabilities of its robotic solutions. Founded in 2016, Addverb offers AI-enabled fixed & flexible automation solutions. The company said its AI- driven solutions and software are designed specifically to serve the global e-ecommerce, warehouse distribution and manufacturing industries. Addverb is a global technology company with headquarters in North America, India, Netherlands, and Singapore. AWS…
Found in Robotics News & Content, with a score of 2.06
May 02, 2023
…a new partnership with Denali Advanced Integration, a leading services and global technology integrator. Denali has become Universal Robots' largest Certified Solution Partner, or CSP, according to the companies. “Automation is a natural step for companies aiming to improve productivity and overcome labor shortages,” said Kim Povlsen, president of Universal Robots. “Cobot automation in particular has never been more important and appealing to businesses because of its versatility and wide range of applications, supported at Universal Robots by an impressive ecosystem of partners.” “This exciting partnership with Denali is going to bring cutting-edge collaborative robotics to some of the world’s…
Found in Robotics News & Content, with a score of 2.95
March 01, 2023
…SEQSENSE aims to solve this challenge by providing security services with autonomous robots. The Tokyo-based startup has developed the SQ-2 intelligent security robot. It can navigate inside buildings with a pre-created map of each floor. The mobile robot can also communicate with elevators to patrol multiple floors. Using autonomous robots for security offers several advantages. For example, surveillance cameras are often used for building security. However, such cameras can have blind spots, and setting up additional cameras takes cost and time. In contrast, the SQ-2 robot can patrols an entire building by taking an elevator, and security guards can choose…
