Found in Robotics News & Content, with a score of 13.53
August 29, 2023
…more U.S. government and aging agency partnerships this year.” Toyota, others continue to invest in Intuition Robotics Intuition Robotics' latest financing includes $20 million in venture capital and $5 million in venture debt. Woven Capital, the growth fund of Toyota, led the funding, with participation from Toyota Ventures, OurCrowd, Western Technology Investment, and additional investors. Past investors also include Samsung NEXT, iRobot, and Terra Ventures. “Intuition Robotics is advancing the future of mobility for aging populations by offering human connection and access to goods and services that they couldn’t obtain otherwise,” said Nicole LeBlanc, a partner at Woven Capital who…
Found in Robotics News & Content, with a score of 5.01
August 27, 2023
…EECS graduate student Russ Tedrake, senior author and the Toyota professor of EECS, aeronautics and astronautics, and mechanical engineering, and a member of MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) In these figures, a simulated robot performs three contact-rich manipulation tasks: in-hand manipulation of a ball, picking up a plate, and manipulating a pen into a specific orientation. Source: MIT, courtesy of the researchers Reinforcement learning versus smoothing Reinforcement learning is a machine learning technique where an agent, like a robot, learns to complete a task through trial and error with a reward for getting closer to a goal.…
Found in Robotics News & Content, with a score of 7.20
August 24, 2023
…Celesta Capital, Mayfield, and DNS Capital. Other investors include automotive OEMs and Tier 1 suppliers such as BMW iVentures, Toyota Ventures, Bosch, Continental, Forvia, and FluxUnit-OSRAM Ventures. “Having been in the automotive and autonomous driving industry for decades, it became clear that autonomous capabilities would only be able to go so far when using existing technology,” said Dr. Yvonne Lutsch, investment principal at Bosch Ventures. Recogni has proven that to move the industry forward, it requires purpose-built technology that is powerful, flexible, and easy to integrate,” she said. “And Recogni continues to demonstrate their credibility as an autonomous technology provider.”
Found in Robotics News & Content, with a score of 8.50
August 14, 2023
…500 companies and globally recognized brands including GE and Toyota. It was also named in Fast Company’s 2023 list of “Most Innovative Companies.” IBAs recognize OTTO Lifter OTTO Motors said its autonomous forklift is built on its 14 years of experience. OTTO Lifter navigates traffic and obstacles, predictably and precisely delivering materials to the right place at the right time, said the company. Stevie Award judges commended the system for its “remarkable innovation, safety, and market performance.” OTTO Lifter was also recently named the SupplyTech Breakthrough Material Handling Solution of the Year. “Nominations to the IBAs [International Business Awards] get…
Found in Robotics News & Content, with a score of 31.23
August 07, 2023
…Inc. held a joint venture signing ceremony today with Toyota Motor (China) Investment Co. and GAC Toyota Motor Co. The three parties said they will work together toward mass production and large-scale deployment of fully self-driving robotaxis. Founded in 2016, Pony.ai said its goal is “to bring safe, sustainable, and accessible mobility to the entire world.” The Fremont, Calif.-based company, which raised Series D funding last year, has been rapidly extending its autonomous vehicle technologies at multiple sites. Pony.ai said its systems have driven more than 24 million km (14.9 million mi.) in autonomous testing and operation on open roads…
Found in Robotics News & Content, with a score of 3.73
July 28, 2023
…to The Raymond Corp. At recent trade shows, the Toyota Industries Company demonstrated how its technologies fit into customer processes. Raymond provides hardware and software for intralogistics operations. The Greene, N.Y.-based company's high-capacity 5600 Orderpicker this week received a gold award in the actuators, motors, and drives category in Plant Engineering's 2023 “Product of the Year” program. Robotics 24/7 spoke with Martin Buena-Franco, product marketing manager of automation at Raymond, about the company's lift trucks, telematics, and service strategy. Areas of customer interest This past spring, there were plenty of trade shows—what products received the most interest? Buena-Franco: A big…
Found in Robotics News & Content, with a score of 6.59
July 24, 2023
…successfully partnered with vehicle makers Volvo Trucks, PACCAR, and Toyota, as well as hardware-as-a-service provider Continental, Urmson said. He cited FedEx, Uber Freight, Werner, Schneider, and Hirschbach are pilot customers. The company reached “feature complete” status in April, and Urmson said he expects it to reach “Aurora Driver Ready” by the end of 2023. That milestone will include validating software, hardening software, and proving that autonomous trucks can safely haul freight between Dallas and Houston without human drivers. Aurora plans to have a full prototype of its FirstLidar system on a chip for long-range sensing at highway speeds by the…
Found in Robotics News & Content, with a score of 13.37
July 14, 2023
…needs The Raymond Corp. is a member of the Toyota Industries family of companies. It provides systems for materials handling and intelligent intralogistics. Following principles of innovation and continuous improvement for more than 95 years, Raymond said its integrated automation, telematics, VR, and advanced energy systems can optimize warehouse and distribution center operations. The company claimed that its electric forklift trucks are engineered to increase productivity and efficiency and are designed to provide ecological and economic benefits. In partnership with Toyota Advanced Logistics Solutions, Raymond said it delivers systems to markets in North America and globally. “Combining operational excellence, award-winning…
Found in Robotics News & Content, with a score of 6.48
June 05, 2023
…“Best of Innovation” award. Investors in the company include Toyota Ventures, Samsung NEXT, iRobot, OurCrowd, and Terra Ventures, as well as venture capital firms from California, Israel, Japan, and Asia. AAABC accepting applications The Broward County initiative is now accepting online applications. Those eligible to get an ElliQ for free are English-speaking adults ages 60 and older, with Wi-Fi in residence and with no significant impairments, said Intuition Robotics. The Area Agency on Aging of Broward County is sponsored by the Areawide Council on Aging of Broward County and the Florida Department of Elder Affairs. It is the nonprofit organization…
Found in Robotics News & Content, with a score of 6.03
May 31, 2023
…million (U.S.) in 2022. MiR said large multinationals, including Toyota, Ikea, Novo Nordisk, Denso, DHL, and Schneider Electric, account for a majority of its sales. Last year, Teradyne merged Mobile Industrial Robots with AutoGuide Mobile Robots. This added high-payload AMRs to MiR's portfolio, advancing its strategy of being a trusted supplier for a full range of AMRs to global customers. “MiR has the proven products, the experience and support structure to help our customers scale; and as a part of Teradyne, we are a trusted long-term supplier for mission-critical production applications,” added Hathout. Click on image to enlarge. Source: Mobile…
Found in Robotics News & Content, with a score of 8.50
May 23, 2023
…Truck (ELT) Systems Group MH Equipment Papé Material Handling Toyota Material Handling Systems “OTTO Motors offers user-friendly, cutting-edge solutions that allow us to minimize disruption at our customer's facilities while building that return on investment from day one,” said Jason Dodge, automation manager of Eastern Lift Truck Co., in a statement. “We look forward to our continued partnership with OTTO Motors and solving a wide variety of material handling challenges across North America.” OTTO Motors works with AMT In related OTTO Motors' news, the company also announced today that it has partnered with Applied Manufacturing Technologies (AMT) to installed the…
Found in Robotics News & Content, with a score of 20.18
May 16, 2023
The Toyota Research Institute yesterday announced the latest results of its collaborative research program with U.S. academic institutions. This initiative has funded $100 million of research and generated more than 1,250 paper submissions since its inception in 2016, making it one of the world's largest collaborative research programs by an automotive company, said Toyota. “We are deeply satisfied with the results of our partnerships with this outstanding group of institutions and researchers,” stated Eric Krotkov, who leads the university research program at the Toyota Research Institute (TRI). “We believe that collaboration is the key to tackling society's biggest challenges and…
