Found in Robotics News & Content, with a score of 7.96
…International GmbH for DHL's Asia-Pacific Innovation Center. Located in Singapore, the center will be home to a “Warehouse of the Future” exhibit that showcases automated and integrated e-commerce offerings, said the companies. The partners said the project reflects their shared values and will help accelerate innovation and educate supply chain leaders on the opportunities presented by automation. “This project not only marks a new milestone for the logistics and supply chain industry, but [also] a milestone in the global relationship between Geek+ and DHL that follows a number of successful robot deployments in several of DHLs' warehouses in Asia-Pacific,” stated…
Found in Robotics News & Content, with a score of 8.71
…region, like automating Pet Lovers Centre's existing warehouse in Singapore, which increased capacity and throughput. We're looking forward to educating about the efficiency automation offers in the supply chain.” At Pet Lovers Centre, the largest pet care retail chain in Southeast Asia, Körber custom-built a system that resulted in a 100% capacity and a 40% throughput increase in its warehouse. Registration for Elevate APAC is available online. All the content and conference sessions will be available on demand until the end of 2021. These will also feature a number of roundtables, case studies, and panel discussions covering developments across the…
Found in Robotics News & Content, with a score of 8.19
…It has also established subsidiaries in Hong Kong, Japan, Singapore, the U.S., and the Netherlands. HAIPICK offers rapid warehouse automation Even before the COVID-19 pandemic, the global supply chain and warehousing logistics market was turning to automation, noted HAI Robotics. The warehouse automation market could be worth $30 billion (U.S.) by 2026, experiencing a compound annual growth rate (CAGR) of 14% since 2019, estimated LogisticsIQ. HAI Robotics said its HAIPICK robots can pick and place totes or cartons on storage shelves up to 5 to 7 m (16.4 to 22.9 ft.) high and are able to carry up to eight…
Found in Robotics News & Content, with a score of 18.93
…(SBRG) said it is targeting that market, beginning with Singapore. The global delivery robot market will experience a compound annual growth rate (CAGR) of 17.7%, according to Astute Analytica. SoftBank to start in Singapore In line with Singapore's vision and initiatives to become a “Smart Nation,” SoftBank Robotics Group plans to launch a series of robots serving industries such as food and beverage, cleaning, hospitality, security, healthcare, and logistics. “Advances in robotics and technology will lead to job transformation over the next few years,” said the Tokyo-based company. SBRG said it has deployed more than 5,000 of its own systems,…
Found in Robotics News & Content, with a score of 8.83
…reached markets in North America, Europe, South Korea, and Singapore. “We are very optimistic about the future development prospects of Keenon Robotics,” said the company. “By capitalizing on the strong relationships with its investors, Keenon focuses on building long-term value for the company by exploring new markets, trends, and customers.” SoftBank leads round SoftBank Vision Fund 2 led Keenon Robotics' Series D round, followed by CICC ALPHA and Prosperity7 Ventures, the diversified growth fund of Aramco Ventures. China Renaissance was the exclusive financial advisor for this financing. “We believe robotic solutions can have a profound impact across the services industry…
Found in Robotics News & Content, with a score of 8.20
…rapidly growing logistics market.” Founded in 2001, Tiger Global is based in New York, with offices in Hong Kong, Singapore, Bangalore, and Melbourne. Since 2003, the firm’s private equity business has invested in technology companies including Locus Robotics, Facebook, LinkedIn, JD.com, Spotify, Peloton, Instacart, DoorDash, and Waymo.
Found in Robotics News & Content, with a score of 6.80
…York and has affiliate offices in Hong Kong, Beijing, Singapore, and Bangalore. Mobile robot market keeps rolling Mobile robot companies have raised more than $1 billion so far this year. Top deals included GreyOrange's planned $500 million initial public offering (IPO), Zebra Technology's acquisition of Fetch Robotics for $290 million, Locus' $150 million Series E, and ForwardX's $38 million Series B round. The global market for mobile robots (including automated guided vehicles or AGVs) will experience a compound annual growth rate (CAGR) of 15.34%, growing from $11.4 billion (U.S.) in 2019 to $30.96 billion by 2026, according to Research and…
Found in Robotics News & Content, with a score of 19.43
…set up and use. StockBot takes inventory at Decathlon Singapore. Source: PAL Robotics Decathlon selects StockBot Founded in 1976, Decathlon is a multinational retailer with 1,714 stores in 61 countries. The Lille, France-based, family-owned company was looking for a solution to be able to provide accurate data on stock, as well as save time taken to do stock taking manually, affecting in-store efficiency and productivity. StockBot is easily deployed within different stores because it does not require any layout modifications, said PAL Robotics. Decathlon was able to seamlessly integrate the mobile robot with existing software and RFID tags in store,…
Found in Robotics News & Content, with a score of 7.83
…has partnered with Dorabot Inc. to introduce DHLBot in Singapore and South Korea. The robotic arm uses artificial intelligence to automate parcel sortation. DHLBot will replace manual sortation of small parcels and enable hubs and gateways to handle greater volumes, particularly during peak season. In addition, it can increase overall operational efficiency by at least 40%, claimed DHL. “Sorting parcels might seem like a straightforward process, but it actually takes a lot of time, effort, and precision to ensure that they get to their addressees without a hitch,” said Ken Lee, CEO of DHL Express Asia Pacific. “These innovations, however…
Found in Robotics News & Content, with a score of 6.73
…of our development that a center of this kind represents,” said Rialland. BALYO, which has subsidiaries in Boston and Singapore, offers robots for warehouse applications including palletizing, stacking, and materials handling in very narrow aisles. The company has been listed on EURONEXT since 2017, and its sales revenue reached €21.7 million ($25.7 million) in 2020. BALYO has also partnered with KION (the parent company of Linde Material Handling), Hyster-Yale Group, and most recently Körber AG.
Found in Robotics News & Content, with a score of 9.51
…U.K., the U.S., Japan, China and Hong Kong, and Singapore. Geek+ builds on commercial success In the past two years, Geek+ said it has automated the warehouses of some of the world's best-known brands such as Decathlon, Nike, Circle K, Walmart, and ASDA. The company claimed that it has the largest share of the global autonomous mobile robot (AMR) market with operations in 30 countries. Geek+ plans to continue to strengthen its regional capabilities by teaming up with local as well as global integrators. Building upon its goods-to-person picking robot, Geek+ now offers a wide range of hardware systems. It…
Found in Robotics News & Content, with a score of 14.70
Researchers at Nanyang Technological University in Singapore have developed millimeter-sized robots that can be controlled using magnetic fields to perform highly maneuverable and dexterous manipulations. This could enable applications in biomedicine and manufacturing, they said this week. The team of scientists created the miniature robots by embedding magnetic microparticles into biocompatible polymers—non-toxic materials that are harmless to humans. The robots are “programmed” to execute their desired functionalities when magnetic fields are applied. The robots improve on many existing small-scale robots by optimizing their ability to move in six degrees of freedom (DoF), said Nanyang Technological University (NTU). It defined six…