Found in Robotics News & Content, with a score of 40.57
April 04, 2023
…event. With 1,054 exhibitors, about 300 of which were robotics suppliers, even Robotics 24/7 was hard-pressed to see it all. Companies at booths and in sessions reported strong attendance, especially on Tuesday and Wednesday of the four-day event. MHI tallied a total of about 50,000 visitors to McCormick Place. There may have been fewer ground-breaking innovations at this year’s ProMat, and the mood was subdued in comparison to MODEX 2022, the first big trade show after the worst of the COVID-19 pandemic. This was likely the result of recent layoffs and the meltdown of Silicon Valley Bank earlier in March.…
Found in Robotics News & Content, with a score of 40.33
July 12, 2022
XPENG Robotics, an affiliate of XPeng Inc., today announced that it has signed a definitive agreement with a consortium of investors to raise over $100 million (U.S.) for its Series A capital funding. XPENG Robotics was established in 2016 and claims to be one of the earliest companies in the walking robot sector in China. The company is headquartered in Shenzhen, China, and has research and development centers in Guangzhou, Beijing, and Silicon Valley. XPENG Robotics’ first product was a quadruped robot with autonomous navigation, able to deliver safe and agile motion performance with a multi-modal emotional interaction function, the…
Found in Robotics News & Content, with a score of 39.49
August 07, 2023
Robotics gatherings are increasingly common, but there are relatively few places where the public can see robots in operation and even get hands-on experience. InOrbit Inc., which provides software and support for robot operations, or RobOps, has successfully hosted a number of community events this summer. In February, the company opened the InOrbit Robot Space at 293 Castro St. in Mountain View, Calif. Since then, InOrbit has hosted meetings around National Robotics Week, a summer camp group, and a free Women in Robotics event last week. Having a permanent venue in Silicon Valley to see autonomous mobile robots (AMRs) at…
Found in Robotics News & Content, with a score of 39.21
April 10, 2019
…Kinema Systems, a Menlo Park-based company that enables industrial robotic arms with deep learning technology to locate and move boxes on complex pallets. Using a combination of vision sensors and deep learning software, Kinema Systems’ Pick technology works with leading commercial robotic arms to move boxes off pallets to conveyors or build stacks of boxes on pallets. Pick enables logistics, retail, and manufacturing companies to achieve high rates of box moving with minimal set up or training for both multi-SKU and single-SKU pallets. “Bringing the Kinema team into Boston Dynamics expands our perception and learning capabilities while the Pick product…
Found in Robotics News & Content, with a score of 39.02
June 27, 2024
BOSTON – At the 2024 Robotics Invest summit in Boston, attendees focused on sessions and panel discussions featuring leaders from across the robotics and venture capital industries. The summit was hosted by Cybernetix Ventures and sponsored by organizations including the Massachusetts Technology Collaborative, Pittsburgh Robotics Network. Robotics Invest took place over two days in Boston and focused on topics like the economic marketplace for robotics companies, along with discussions centered on artificial intelligence, humanoids, sustainability and scalability. Business leaders share knowledge, develop connections As part of the opening sessions of the summit, Fady Saad, general partner at Cybernetix Ventures, mentioned…
Found in Robotics News & Content, with a score of 38.51
March 08, 2017
…competition highlights the industry’s most innovative young companies in robotics, machine vision, and motion control who are competing for the spotlight at the Automate 2017 Show and a $10,000 cash award. Sponsored by GE and co-produced by Silicon Valley Robotics, the competition provides innovative startup companies with an opportunity to generate awareness of their technology and find new sources of funding. The eight finalists will compete for the top prize at Automate 2017 on April 5 at 3:00pm in a theater on the exhibition floor at McCormick Place in Chicago, where they will pitch their technology solution to a panel…
Found in Robotics News & Content, with a score of 35.67
January 26, 2017
…automating, has announced a call for startup companies in robotics, machine vision and motion control to enter the Automate Launch Pad Competition. The competition is a chance for the industry’s most innovative young companies to vie for the spotlight at the Automate 2017 Exhibition and Conference—the industry’s largest gathering in North America, taking place in Chicago, Ill., April 3-6, 2017—as well as a $10,000 cash award. The Automate Launch Pad Startup Competition seeks out startup companies looking to generate awareness of their technology and find new sources of funding. “Investment in the automation and robotics market is rising sharply, with…
Found in Robotics News & Content, with a score of 35.52
August 06, 2021
…yesterday said it has agreed to acquire Bear Flag Robotics Inc. for $250 million (U.S.). Moline, Ill.-based Deere said the deal will support its farm automation and autonomy strategy. “Deere views autonomy as an important step forward in enabling farmers to leverage their resources strategically to feed the world and create more sustainable and profitable operations,” stated Jahmy Hindman, chief technology officer of John Deere. “Bear Flag’s team of talented agriculture professionals, engineers, and technologists have a proven ability to deliver advanced technology solutions to market.” “Joining that expertise and experience with Deere’s expertise in autonomy, along with our world-class…
Found in Robotics News & Content, with a score of 35.43
September 09, 2022
…week opened a new Center of Excellence for Advanced Robotics Research and Development in Fremont, Calif. Addverb's center of excellence will focus on automated guided vehicles (AGVs) and autonomous mobile robots (AMRs), artificial intelligence, human-machine collaboration, and biomedical robotics. The company serves the manufacturing, pharmaceuticals, consumer packaged goods, and healthcare industries. The Noida, India-based company also opened new U.S. headquarters in Irvine, Calif., as part of its ongoing expansion in the Americas. It previously had offices in Frisco, Texas. Addverb claimed that the R&D center will help it tap into Silicon Valley's talent pool and that its U.S. headquarters will…
Found in Robotics News & Content, with a score of 34.95
February 06, 2023
…other industry leaders.” “This is a space for the robotics community at large to learn and advance the state of the art in robot operations,” he added. “It’s also a place for everyone else—from kids to older adults—to experience how robots can help with everyday chores.” InOrbit addresses RobOps needs “Amazon is adding about a thousand robots a day,” according to Cathie Wood, chief investment officer and CEO of Ark Invest, as reported by CNBC. “If you compare the number of robots Amazon has to the number of employees, it’s about a third,” she noted. “And we believe that by…
Found in Robotics News & Content, with a score of 34.24
March 03, 2020
ABB, a world-leading supplier of industrial robots, and Silicon Valley AI start-up, Covariant, today announced a partnership to bring AI-enabled robotics solutions to market, starting with a fully autonomous warehouse order fulfillment solution. The partnership brings together the two companies with a shared vision for robotics enabled by AI, where intelligent robots work alongside humans in dynamic environments, collectively learning and improving with every task completed. Given the accelerated global growth experienced in the e-commerce sector, ABB identified a significant opportunity for AI-enabled robotics solutions across a broad range of applications including logistics, warehousing, and parcels and mail sorting. Global…
Found in Robotics News & Content, with a score of 33.89
November 29, 2018
…through the first nine months of 2018, according to Robotic Industries Association (RIA), the industry’s trade group. Traditionally, the automotive industry (OEMs and tier suppliers) has accounted for over 60% of the North American market, but that number is down to 52% through September, with non-automotive orders at 48%, the closest these two segments have been in the history of RIA’s reporting that dates back to 1984. A total of 22,708 robots valued at $1.31 billion were ordered in the first nine months, down 17% in units and 11% in revenue from the same period in 2017. The 10,878 units…
