Found in Robotics News & Content, with a score of 11.93
June 29, 2021
…San Francisco and Toronto and is part of U.K.-based Ocado Group PLC. Kindred's proprietary platforms include CORE with AutoGrasp, which combines AI-powered machine vision, grasping, and manipulation algorithms to handle a range of merchandise, including deformable items such as polybags. It can identify items to pick, place, and sort into complete customer orders. The company noted that its SORT pick-and-place robots use CORE with AutoGrasp. In addition, Kindred said it uses reinforcement learning and human-in-the-loop data methodology to continuously improve robot capabilities so that picking becomes smarter, faster, and more accurate over time. CORE with AutoGrasp can provide critical business…
Found in Robotics News & Content, with a score of 11.34
May 03, 2021
…been exploring automated storage and retrieval systems (ASRS) with Ocado Group PLC. East Hanover, N.J.-based Drone Express is a division of TELEGRID Technologies Inc. Founded in 1984, TELEGRID provides technologies including communications and networking equipment and systems for U.S. military and government agencies. In 2018, the company founded Drone Express to integrate its state-of-the-art, wireless mesh network with U.S.-made technologies for drone delivery services. Partners to pilot drone delivery of groceries Drone Express recently established a facility in the southwest Ohio community of Monroe as a hub for manufacturing, testing, and piloting of autonomous drones for commercial package delivery. It…
Found in Robotics News & Content, with a score of 11.33
January 30, 2023
Kindred, part of Ocado Group, has released the results of an 18-month beta test of its INDUCT AI-powered robotic induction system. INDUCT automated the induction of more than one million items at 95% accuracy in a fast-paced global logistics center where the beta trial was held. “This was the most intense and demanding real-world scenario we could test in, and INDUCT emerged triumphant,” said Marin Tchakarov, CEO of Kindred. “By succeeding here, we have proven INDUCT can be successfully deployed now in any type of facility that uses induction.” Kindred INDUCT is a high-speed robotic workcell built on Kindred’s proprietary…
Found in Robotics News & Content, with a score of 11.18
March 25, 2022
…team can develop customized screens for cycle reporting, performance statistics, and parameter configuration. The company is part of the Ocado Group, which is based in the U.K.
Found in Robotics News & Content, with a score of 10.14
September 14, 2023
…Berkshire Grey SoftBank Group March 2023 6 River Systems Ocado Group May 2023 Magazino Jungheinrich Aug. 2023 In March, Fast Company named OTTO Motors as one of the Most Innovative Companies for 2023. In May, Mitsubishi Electric Corp. invested an unspecified amount in Clearpath. Partners build advanced materials handling portfolio The companies said the combination of Rockwell’s partnerships in fixed robotic arms, systems such as Independent Cart Technology, and leadership in PLCs with OTTO Motors’ AMR capabilities will create a portfolio of advanced material handling offerings. Data from Rockwell’s offerings and OTTO Motors’ AMRs will be used in artificial intelligence-powered…
Found in Robotics News & Content, with a score of 8.91
September 23, 2023
…of stealth, 6 River Systems announced its acquisition by Ocado,” said VandenBrook. “We were doing all of that [work around person to goods], but we were still getting questions about the picking arm, so we decided, 'Let's rebrand and better align to what we're doing and what we're about.'” The Meet Me person-to-goods system includes Lumabots (above) and the Pyxis software. Source: Onward Robotics Labor shortages still drive robotics demand Despite slowed economic and e-commerce growth and consolidation among mobile robot providers, VandenBrook expressed confidence in long-term demand for AMRs. “We went through our own downsizing in Q1,” he noted.…
Found in Robotics News & Content, with a score of 8.45
May 05, 2023
…sale of mobile robot maker 6 River Systems to Ocado Group. Shopify also said it was laying off 20% of its staff. At the Cascadia Connect, Robotics, Automation, and AI event this week, a group of investors in the robotics industry discussed the economy and their considerations as part of the “ROI in RAAI: Investor Perspectives” panel. The discussion was moderated by Firdaus Pohowalla, a managing director at Cascadia Capital who helps leads the Seattle-based bank's robotics, automation, and AI division. The panel included investors who provide capital at various stages of the fundraising process: Jeremie Capron, partner and director…
Found in Robotics News & Content, with a score of 8.29
July 26, 2021
…At the same time, larger e-commerce players such as Ocado Group PLC and Amazon.com Inc., which had acquired Whole Foods in 2017, experienced rapid growth and sought partnerships with existing grocers. As a matter of perspective, even if e-grocery doubled in size, it grew to only 10% of total grocery revenue, according to industry analysts. As a result, several said they expect that portion of the market to continue growing, if at a slightly slower rate than during the past year. They cited increasing consumer familiarity with online shopping for food starting in the U.K., the success of companies such…
Found in Robotics News & Content, with a score of 7.87
May 08, 2023
…6 River Systems' staff prior to selling it to Ocado Group PLC, partly in response to falling customer orders, sources told Robotics 24/7. CEO Tobias Lütke also announced that Shopify was laying off 20% of its total staff and that it was selling Shopify Logistics (formerly Deliverr) to Flexport. AMR market allegedly growing Market research firms have been predicting steady growth. The global market for autonomous mobile robots (AMRs) could expand from $2 billion (U.S.) in 2022 to $9 billion by 2032, experiencing a compound annual growth rate (CAGR) of 15%, according to Global Market Insights Inc. Similarly, Research and…
Found in Robotics News & Content, with a score of 6.87
June 24, 2023
…sale of mobile robot company 6 River Systems to Ocado (itself said to be up for purchase by Amazon.com) a sign of weakness in certain segments? Sharma: Supply chain issues were a big problem during the pandemic, as well as high demand from consumers. Home delivery had become critical, and then there were shortages on the worker side. You'd think that supply chains and warehousing would already be automated, but at least 50% in the U.S. is largely manual. Coupled with e-commerce demand and worker shortages, you'll have serious problems. Our team saw during COVID that a lot of these…
