Found in Robotics News & Content, with a score of 44.95
September 15, 2023
ForwardX Robotics this week launched the Flex 60-SW at Logistic-Tech Tokyo 2023—The Third Innovation Expo. The company said its latest vision-based autonomous mobile robot, or AMR, includes automatic weighing scales and an interactive touchscreen to improve picking accuracy in the warehouse. “The introduction of Flex 60-SW marks an exciting milestone for ForwardX Robotics,” stated Nicholas Chee, CEO of ForwardX. “We are proud to establish a new standard for excellence in the industry by offering AMRs that not only increase productivity, but also elevate picking operations to truly astonishing levels of precision.” “This innovation empowers our clients to adeptly navigate the…
Found in Robotics News & Content, with a score of 44.39
August 02, 2022
…autonomous mobile robots, or AMRs, continues to be competitive. ForwardX Robotics Inc. recently announced its first U.S.-based project. The Beijing-based company, which has raised more than $100 million in funding since it was founded in 2016, also recently participated in its first U.S. trade show. “Our results in China, where labor costs are comparatively low, have given us great confidence in what we are able to offer to the rest of the world,” stated Yaxin Guan, chief operations officer of ForwardX. “It’s an exciting time to be in this industry and solve problems that many companies are facing in the…
Found in Robotics News & Content, with a score of 44.24
October 02, 2023
…of coffee could be in part thanks to robots. ForwardX Technology Co. last week said that it has collaborated with DHL Supply Chain to deploy assisted picking systems in a flagship warehouse that provides daily replenishment for about 600 chain coffee shops in a single city. “By leveraging our solution, the DHL warehouse has empowered itself with the steadfast ability to expand in capacity and elasticity, a formidable force prepared to conquer the challenges of a rapidly expanding business,” stated ForwardX Robotics. Founded in 2016, ForwardX said it has more than 250 employees from leading universities and enterprises around the…
Found in Robotics News & Content, with a score of 43.61
August 08, 2023
Chery Automobile Co. and ForwardX Technology Co. said they are collaborating to implement mobile robots to streamline operations, improve efficiency, and enhance automated assembly at the Chery Super One Factory in Qingdao, China. Founded in 1997, Chery Automobile has established research and development centers in China, Germany, the U.S., and Brazil and an R&D team of more than 5,500 people. The Wuhu, China-based company said it has sold more than 10 million units of brands such as Arrizo and Tiggo. Established this year, the Chery Super Factory focuses on integrating advanced technologies and realizing digital transformation, according to Chery Automobile.…
Found in Robotics News & Content, with a score of 43.50
November 17, 2022
…and JD.com on Singles' Day, Nov. 11, according to ForwardX Robotics. In comparision, U.S. consumers spent a total of $19.6 billion across retailers on Black Friday and Cyber Monday in 2021, according to an Adobe report. ForwardX said it helped more than 100 warehouses meet e-commerce demand last week, with its autonomous mobile robots (AMRs) picking over 15 million units. One warehouse using the company's AMRs shipped 6X its average orders on time. Founded in 2016, ForwardX claimed that it is “Asia's largest person-to-goods AMR” provider. The Beijing-based company has more than 250 computer vision scientists and robotics experts and…
Found in Robotics News & Content, with a score of 43.42
May 25, 2023
At Automate this year, ForwardX Robotics is showcasing for the first time in North America its new AMR designed with the automotive industry in mind. The Lynx AMR tugger has a payload capacity of 3,306 lb. (1,499 kg.) and can complete heavy-duty rack towing tasks. As automotive companies increase their production of electric and self-driving cars, they are developing new manufacturing processes and producing new components, ForwardX Robotics noted. Those changes add additional complexities, and automakers are looking to new technologies to help with production. Autonomation demands increase for automakers making EVs As opposed to traditional manually operated tuggers, the…
Found in Robotics News & Content, with a score of 38.67
December 14, 2021
ForwardX Robotics, which develops mobile robots for warehousing and manufacturing environments, today announced that it has raised $31 million in its initial Series C1 funding round. The Beijing-based company said it plans to use the new capital to accelerate its research and development timeline, increase its deployment capabilities in key markets such as the U.S., and expand its sales reach into new markets. “Our latest round of funding contributes to the positive momentum we have been building over the past 24 months,” stated Nicolas Chee, founder and CEO of ForwardX. “With a growing market share across our key territories, we…
Found in Robotics News & Content, with a score of 36.41
June 23, 2020
ForwardX Robotics Inc. today announced it will offer its collaborative mobile robots through a robotics-as-a-service, or RaaS, model. While the Beijing-based company will also offer outright sale and renting options, the RaaS subscription-based model aims to encourage supply chain operations to upgrade their facilities without the large upfront investment usually associated with automation projects. “The pressure on supply chains to deliver is growing with every day that passes, and we know how much of an impact our solutions can have on facilities and their processes,” said Paul Qian, vice president of sales at ForwardX Robotics. “With our mission to empower…
Found in Robotics News & Content, with a score of 33.84
July 13, 2023
ForwardX Technology Co. yesterday announced that Richmond Rolling Solutions will be the exclusive distributor of its autonomous mobile robots, or AMRs, across Australia and New Zealand. “Our exclusive partnership with ForwardX represents a unique opportunity for businesses to invest in the latest equipment to improve their processes and transform the way they operate,” said Breon Winslow-Moore, CEO of Richmond Rolling Solutions, in a release. “It's an exciting time for our team, and we can't wait to deliver these AMR products to companies throughout Australia and New Zealand.” Richmond Wheel & Castor Co. has been a leading provider of materials handling…
Found in Robotics News & Content, with a score of 10.26
September 14, 2021
…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 Markets. It attributed this growth to increasing demand, labor constraints, and increasingly efficient management software for different industry applications. Similarly, Mordor Intelligence predicted a 15.12% CAGR between 2018 and 2026. It noted growing AMR adoption in the automotive, healthcare, and oil and gas sectors. The biggest mobile…
Found in Robotics News & Content, with a score of 9.99
May 10, 2022
…robotics leaders to drive innovation for 5G and edge AI. They include ADLINK, Akasha Imaging (an Alphabet company), Cyngn, ForwardX, FutureMind, Hyundai Robotics, inVia Robotics, LG Electronics, Microsoft Azure private MEC, ModalAI, Naver Labs, Pudu Robotics, Samsung Electronics, Teledyne Flir, and Thundercomm. “We've had great validation from industry leaders in the ecosystem,” said Singh. Qualcomm is also continuing its work with TDK, which has added its sensor technologies to Qualcomm's latest robotics offerings. The Qualcomm RB5 AMR Reference Design is now available for pre-sale thorugh ModalAI, and the Qualcomm Robotics RB6 development kit is available through Thundercomm.
Found in Robotics News & Content, with a score of 9.92
May 26, 2023
…happen,” said Jennifer Samples, vice president at AMR provider ForwardX Robotics. “We have three levels of clients: people who know they need automation but don't know where to begin, others who have some automation, and those who are the most sophisticated and want the latest and greatest. All three can be in the same company.” “We learn the [customer's] entire process upfront,” added Chris Harbert, sales director at ForwardX. “The robot hardware and software have to help business transformation and show actual ROI [return on investment]. We also ask each individual, 'How does the robot help you?'” “Our demand pipeline…
