Found in Robotics News & Content, with a score of 19.60
May 16, 2023
…year, now is a good time to assess current robotics trends. From venture capital constraints to ChatGPT, Dr. Bernard Casse, founder and CEO of RIOS Intelligent Machines Inc., has experience and first-hand observations from recent events. RIOS said it is leading the charge in re-industrializing America and transforming aging industries into the smart factories of the future powered by robotics and artificial intelligence. The Menlo Park, Calif.-based company both exhibited and presented at ProMat 2023. Dr. Casse shared with Robotics 24/7 a compelling vision of a future where robotics and automation are the driving forces of economic progress, even amid…
Found in Robotics News & Content, with a score of 20.42
May 15, 2023
…passionate-partner person,” she said in a recent interview with Robotics 24/7. “You can only grow in this current world with strong business partnerships, and just great partners in your corner, whether those are the vendors you do business with or like-minded businesses that help you grow.” Apicella was recently named the interim executive director of the Pittsburgh Robotics Network (PRN), a role that was previously held by Joel Reed, the former CEO and president of IAM Robotics and a known robotics expert in the Pittsburgh area. Apicella previously served as a vice president at PRN and has been with the…
Found in Robotics News & Content, with a score of 24.50
April 25, 2023
…limited in size, speed, and power, robots using Veo Robotics Inc.'s proprietary safety technology can combine industrial capabilities with human-in-the-loop efficiency. The company today announced that it has closed a $14 million funding round, bringing its latest investment to a total of $29 million. “With the increased need for efficiency improvement in industrial environments, we’ve seen increasing requirements for safe robot operation in the close presence of humans,” stated Patrick Sobalvarro, co-founder and CEO of Veo Robotics. The Waltham, Mass.-based company said the funding will accelerate its strategy of working with corporate partners to deploy a new class of collaborative…
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 31.26
March 31, 2023
…financing round was led by LG Technology Ventures, the Silicon Valley-based venture capital arm of the LG Group, with participation from Safar Partners, UOB Venture Management, and existing investors Alpha JWC and LDV Partners. “With this new round of funding, we are well-positioned to broadly deploy our autonomous logistics solutions to power safer and more efficient global supply chains and industrial yards,” said Heidi Wyle, founder and CEO. “Our autonomous vehicles have industrial-grade precision in everyday operating environments and are already successfully in use. We have the potential to revolutionize goods transportation and are excited to be working with partners…
Found in Robotics News & Content, with a score of 48.87
March 28, 2023
CHICAGO—At ProMat 2023 here last week, Plus One Robotics Inc. demonstrated its parcel-handling robots for warehouses, as well as an opportunity for attendees to “race the robot” in a pick-and-place process in virtual reality. The materials handling conference came after an eventful time for technology startups like Plus One, with layoffs and the failure of Silicon Valley Bank. Robotics 24/7 sat down with Erik Nieves, the founder and CEO of Plus One Robotics, to discuss his observations about ProMat and how the San Antonio, Texas-based company has weathered recent economic challenges. Plus One Robotics at ProMat How have ProMat attendees…
Found in Robotics News & Content, with a score of 25.77
March 16, 2023
…which are not yet automated, get started with them? Robotics 24/7 chatted with Dr. Bernard Casse, founder and CEO of RIOS, about rethinking business models as capital becomes scarce and how the robotics-as-a-service (RaaS) model can enable robot adoption. Do your due diligence Even before Silicon Valley Bank's problems, robotics suppliers and users were complaining about a lack of capital. What does that mean for the industry? Casse: VCs [venture capitalists] are becoming risk-averse. 2023 may have a recession, and investors want to figure out which companies are category leaders. Bernard Casse, RIOS That's a shift from the mindset of…
Found in Robotics News & Content, with a score of 31.76
February 20, 2023
Reliable Robotics celebrated the opening of its new engineering and development center in Mountain View, Calif. last week. Congresswoman Anna Eshoo, top local elected officials, and representatives from the National Aeronautics and Space Administration (NASA) and Federal Aviation Administration (FAA) attended the ribbon-cutting ceremony yesterday. Congresswoman Eshoo, and California State Senator Josh Becker shared remarks during event and highlighted innovation in the region. Reliable Robotics said it is designing advanced autopilot systems with high-precision navigation that will enhance aviation safety by enabling all-weather auto-taxi, auto-takeoff, and auto-landing, without new ground infrastructure. It said its vision is to transform the way…
Found in Robotics News & Content, with a score of 25.85
February 15, 2023
…showcase the research taking place at its headquarters in Silicon Valley. During the TRI Expo, Gil Pratt, the company’s CEO and chief scientist at Toyota Motor Corp., explained the institute's approaches to challenges including aging populations, climate change, and human understanding. “In the 1930s, Toyota made a huge leap by expanding from manufacturing textile looms to building cars,” said Pratt. “TRI’s mission is to discover the next technological leap that will transform Toyota’s business.” “We are explorers researching ways to make cars better, but we’re also discovering what mobility may mean beyond cars,” he added. “We believe that our high-risk,…
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 27.56
January 20, 2023
…partnered with upcoming releases. Kubota makes bet on Bloomfield Robotics Kubota also announced this week that it has invested in Bloomfield Robotics in a partnership with Oeneo, a manufacturer of wine-making tools. Bloomfield Robotics develops AI-powered plant imaging technology. The company said its mission is to “make every farm vehicle a continuous data collection platform that assesses the health and performance of every plant in the specialty crop space by providing plant-level insights to help growers make more informed management decisions.” Koji Hasegawa, Kubota Corp’s GM of Innovation Center Silicon Valley, said the partnership will help spur more technological development…
Found in Robotics News & Content, with a score of 20.77
January 17, 2023
…according to Andra Keay, founder and managing director of Silicon Valley Robotics. In addition, the Santa Clara, Calif.-based firm has worked with companies such as Dusty Robotics, which has developed mobile robots to accurately transfer building plans to floor markings on construction sites. Dusty Robotics raised $45 million in Series B funding in May 2022. Vicor provides power density “We started out six or seven years ago,” said Ted Larson, CEO of OLogic. “We were working on the Knightscope security robot when Bob Conn [senior engineer] came over from Xilinx. He had been using Vicor power for years in data…
