Found in Robotics News & Content, with a score of 74.27
December 28, 2023
SoftBank Robotics America recently announced a strategic partnership with Formant, a leading robot management system. The partnership will drive deeper integration across the portfolio of solutions SoftBank Robotics offers to help businesses transform the way they get work done. SoftBank chose Formant as a strategic technology partner to help lay the foundation for integrating advanced business intelligence, additional software services and artificial intelligence, the company announced. The partnership aims to help its customers maximize their investments in robotics and work transformation. The company's continued investment in building and integrating new hardware and software technology solutions demonstrates SoftBank's commitment to enabling…
Found in Robotics News & Content, with a score of 23.40
October 17, 2023
…where there is so much negativity surrounding AI and robotics, RobotLAB sheds light on the positive aspects and how bots like Pepper can further advance our ways and quality of life,” she added. “There is beauty in technological innovations.” Integrator deploys 10,000+ robots “As robotics and AI are central to critical business conversations across countless industries, we are proud to be recognized by Daytime Beauty Awards for our longstanding commitment to the accessibility and acceptance of life-enhancing robotic technology,” stated Elad Inbar, founder and CEO of RobotLAB. “Awareness continues to grow for the tremendous impact robotics and AI are having…
Found in Robotics News & Content, with a score of 10.67
October 14, 2023
Much of the excitement in warehouse robotics is about what the systems can do next, such as trailer unloading, parcel piece picking, or autonomous case handling. But there is also plenty of enthusiasm about the robotics-as-a-service, or RaaS, model for adopting automation. Like the established software-as-a-service (SaaS) model, RaaS bundles the costs of running a system into a tidy regular fee. That moves capital investments in warehouse robotics into the realm of operational expenses or “opex.” The advantages cascade from there, from opening up solutions to a wider base of users to making it easier to scale fleets, say industry…
Found in Robotics News & Content, with a score of 20.22
September 14, 2023
…it has signed a definitive agreement to acquire Clearpath Robotics Inc. “Transporting parts and materials to assembly lines and between manufacturing cells is one of the industry’s most complex and inefficient tasks, often resulting in production bottlenecks,” said Rockwell. “Autonomous production logistics will transform the workflow throughout a manufacturing plant, enabling substantial reductions in cost and greater operational efficiency.” “Autonomous mobile robots ... are the next frontier in industrial automation and transformation, and this acquisition will supercharge Rockwell’s lead in bringing the Connected Enterprise to life,” the company added. Rockwell Automation pursues global leadership Milwaukee-based Rockwell Automation claimed to be…
Found in Robotics News & Content, with a score of 33.63
September 08, 2023
…well as the commitment from our long-term partner in SoftBank, we are confident we will revolutionize the trucking and freight industries by driving improvements in efficiency and safety and alleviating supply chain constraints for our customers, helping them reach their goals and advance their missions.” In addition to Salesky, Peter Rander, president of Stack AV, and Brett Browning, chief technology officer of Stack AV, have a total of more than seven decades of experience in artificial intelligence, robotics, and autononous vehicle development. Salesky and Rander were co-founders of autonomous trucking company Argo AI LLC, which partners Ford Motor Co. and…
Found in Robotics News & Content, with a score of 22.17
August 08, 2023
…South Korea-based Kia has been exploring business opportunities in robotic logistics and automated delivery services, according to the Korea Herald. The automaker also plans to invest 28 trillion won ($21.9 billion U.S.) in air mobility, including electric vertical takeoff and landing (eVTOL) aircraft, leading to mass production by 2028, it reported. “[The plan to unveil a new robot in 2024] is one of the many robotics research and development efforts that Hyundai Motor Group is currently working on,” said a Hyundai Motor Group official. “We are working on developing various types of robots. But nothing has been confirmed about next…
Found in Robotics News & Content, with a score of 30.78
July 25, 2023
SoftBank Group Corp. and Symbotic Inc. yesterday announced that they have established GreenBox Systems LLC, a joint venture to address the more than $500 billion annual warehouse-as-a-service market opportunity. Symbotic also announced a customer contract worth about $7.5 billion with GreenBox, which will be the exclusive provider of its systems and supply chain services to that market. “We are pleased to partner with SoftBank in this venture that accelerates our shared vision to transform the supply chain,” said Rick Cohen, chairman and CEO of Symbotic, in a press release. “GreenBox enables Symbotic to bring the benefits of our technology to…
Found in Robotics News & Content, with a score of 44.50
July 07, 2023
…TX has also secured funding from new investors including SoftBank Group Corp, or SBG, to promote their business collaboration globally, with a focus on accelerating commercialization in North America. TX has also entered into a strategic business partnership agreement with SoftBank Robotic Group Corp. (“SBRG”), a subsidiary of SBG, to promote their business collaboration globally, with a focus on accelerating commercialization in North America. Additionally, TX will initiate its collaboration with Foxconn to establish production technology, carrying out mass production for its next-generation model, “GHOST.” With this funding, Kenichi “Kent” Yoshida (SBRG) and Ryohei Nomoto (GCP) will be newly appointed…
Found in Robotics News & Content, with a score of 36.19
April 19, 2023
Noah Medical, a developer of medical robotics used for surgery, today announced that it has raised $150 million in Series B funding. The San Carlos, Calif.-based company said it will use the funds to meet the rising demand for the Galaxy System, its next-generation, integrated solution for navigated robotic bronchoscopy. “We are a mission-driven startup and appreciate our investors' support to allow us to scale and deliver on the future of medical robotics,” said Jian Zhang, PhD, Noah Medical founder and CEO, in a statement. “Next-generation robotics platforms like the Galaxy System are filling procedural gaps to provide superior clinical…
Found in Robotics News & Content, with a score of 16.51
April 15, 2023
…2032 Leading robot providers Noteworthy companies in the humanoid robotics space include Qihan Technology Co., DST Robot Co., and others, said The Brainy Insights. They are continuously focused on new product developments, venture capital investments, and opportunities to obtain market share. WowWee Group's Robosapien X has 67 pre-programmed functions, gestures, and fluid motions and is programmable using the integrated R/C or the RoboRemote app. The robot can be operated independently, with the help of the provided remote control or the new IR dongle, which can be used to control it from a mobile device. Ubtech Robotics' most recent iteration of…
Found in Robotics News & Content, with a score of 16.83
April 07, 2023
…time. With the introduction of new automated technologies, especially robotics, the challenges to integration are back in the spotlight. Operators don’t want to just drop a new technology into an existing process. Instead, they want to combine technologies to create new and better processes. It’s a reason that the theme at Trew’s booth was “orchestrating” systems. Enabling integration was the whole premise behind SVT Robotics, which made the live integration of automation components the centerpiece of its booth and was the company I heard mentioned more often than any other. But it was also the subject of much of Softeon's…
Found in Robotics News & Content, with a score of 55.01
March 29, 2023
…an increasing amount of strategic partnerships and consolidation among robotics providers. Berkshire Grey Inc. last week announced that it has entered into a definitive merger agreement with SoftBank Group Corp. and its affiliate. SoftBank has been an investor in Berkshire Grey since 2019. “After a thoughtful review of value-creation opportunities available to Berkshire Grey, we are pleased to have reached this agreement with SoftBank, which we believe offers significant value to our stockholders,” said Tom Wagner, CEO of Berkshire Grey. “SoftBank is a great partner, and this merger will strengthen our ability to serve customers with our disruptive AI robotics…
