Found in Robotics News & Content, with a score of 8.23
February 27, 2023
…To accelerate the materials handling market conversion to autonomy, BALYO said it has entered into two global partnerships with Hyster-Yale Group and KION, the parent company of Fenwick-Linde. The company has been listed on EURONEXT since 2017, and its sales revenue reached €21.8 million ($23.1 million U.S.) in 2021. Editor's note: Visit our special coverage page for all the robotics news around ProMat.
Found in Robotics News & Content, with a score of 8.64
January 06, 2023
…handling market conversion to autonomy, BALYO has entered into two global partnerships with KION (parent company of Fenwick-Linde) and Hyster-Yale Group. The Arcueil, France-based company has subisidiaries in Woburn, Mass., and Singapore and serves clients in the Americas, Europe, and Asia-Pacific. BALYO claimed in August 2022 that its VNA robots at Singapore Storage and Warehouse Pte. Ltd. were the world's tallest. The company has been listed on EURONEXT since 2017, and its sales revenue reached €21.8 million ($23.12 million U.S.) in 2021.
Found in Robotics News & Content, with a score of 19.19
August 23, 2022
…chains continues to grow, as does demand for automation. Yale Materials Handling works closely with customers to maximize the value of its automated lift trucks. The global market for autonomous lift trucks could experience a compound annual growth rate (CAGR) 9.5% and expansion from $2 billion in 2021 to $4.65 billion by 2030, estimated Next Move Strategy Consulting. Similarly, Markets and Markets forecast a CAGR of 12.7% from $3.1 billion in 2021 to $6.4 billion in 2027. Fortune Business Insights predicted an automated forklift CAGR of 8.3%, from $416.7 million in 2018 to $786.9 million by 2026. Yale is part…
Found in Robotics News & Content, with a score of 8.55
August 18, 2022
…to autonomy, BALYO has entered into global partnerships with Hyster-Yale Group and KION, the parent company of Fenwick-Linde. With the new VNA robots, warehouse and supply chain managers around the globe can now consider autonomous VNA at heights that were earlier not possible. “We are very happy to be partnering with BALYO and Linde for this automation project,” commented Ong Swee Keong, CEO of SSW. “The productivity gains have been impressive, and I am glad that the dedication and hard work put in by everyone in SSW, Linde, BALYO, and our partners for this project have paid off.” “This capability…
Found in Robotics News & Content, with a score of 9.26
August 15, 2022
…DARPA challenge-winning team from the Harvard Biorobotics Lab, the Yale GRAB Lab, and MIT. The team said it was intent on bringing grasping intelligence powered by computer vision and applied machine learning to solve real-world problems. The company is based in Somerville, Mass. RightHand said the Gartner report shares significant findings and recommendations for customers looking to buy autonomous systems. The firm observed a strong and growing interest in robots for use in warehouses, distribution centers, and manufacturing environments. What is Intralogistics Smart Robotics? Gartner describes intralogistics smart robotics (ISRs) as a special class of flexible, intelligent, and often mobile…
Found in Robotics News & Content, with a score of 7.65
May 17, 2022
…A DARPA challenge-winning from the Harvard Biorobotics Lab, the Yale GRAB Lab, and MIT founded RightHand Robotics in 2015 to apply computer vision and machine learning to real-world grasping problems. The company said its data-driven, intelligent picking platform provides flexible and scalable automation for predictable order fulfillment. RightHand said RightPick 3, its latest robotic piece-picking system, “enables retailers to rise up to the new realities of online commerce.” RightPick 3 has a modular, industrialized hardware design and well-defined software application programming interfaces (APIs), said the company. It is designed to be integrator-friendly and complies with international standards, RightHand said. The…
Found in Robotics News & Content, with a score of 8.95
May 16, 2022
…to market, BALYO has entered into global partnerships with Hyster-Yale Group and KION, whose brands include Linde and Fenwick. They have developed robots for warehousing applications including tractors, palletizers, stackers, reach, and very narrow aisle (VNA) systems. Frankfurt, Germany-based KION said its portfolio includes lift trucks, supply chain automation, integrated software, and services. The company's systems are designed to help optimize the flow of material and information within factories, warehouses, and distribution centers. At the end of 2021, customers of various sizes and in numerous industries used more than 1.6 million of the KION Group’s industrial trucks and more than…
Found in Robotics News & Content, with a score of 7.51
March 30, 2022
…DARPA challenge-winning team from the Harvard Biorobotics Lab, the Yale GRAB Lab, and MIT founded RightHand Robotics in 2015. Their stated goal was to apply grasping intelligence powered by computer vision and applied machine learning to real-world problems. The Somerville, Mass.-based company said its data-driven picking platform provides flexible and scalable automation for predictable order fulfillment. It raised $66 million in Series E funding last month. RightHand said it will be at the following events: MODEX 2022: The RightHand Robotics team is at Booth B8622, and the Vanderlande team is at at Booth B5406 from March 28 to 31 in…
Found in Robotics News & Content, with a score of 3.48
March 20, 2022
…(AFLs) from JBT, and electronic pallet trucks (EPTs) from Hyster-Yale. The company also used voice- and light-directed picking, which was later augmented by vision-directed picking technology from Ox Technology. An automation road map CJ Logistics expected AMRs to reduce the amount of walking required of associates in case picking. They could remain in a zone while the robots traveled from pick location to pick location. Kevin Coleman, co-CEO of CJ Logistics America, and Laura Adams, VP of TES at CJ Logistics. AFLs would pick up pallets in receiving and then automatically put them away in storage locations. The automated lift…
Found in Robotics News & Content, with a score of 6.92
March 16, 2022
…a DARPA challenge-winning team from Harvard Biorobotics Lab, the Yale GRAB Lab, and MIT founded RightHand Robotics in 2015. The Somerville, Mass.-based company applies computer vision and machine learning for its RightPick piece-picking system. RightHand raised $66 million in Series C funding last month. Partnership program intended to ease robotics adoption RightHand Robotics said its Partner Integrator program will make it easier for end customers to adopt robotic picking by working with their preferred automation suppliers. “The Partner Integrator program aligns business goals of system integrators, OEM technology providers, certified robot integrator partners, and other related sales alliance members,” said…
Found in Robotics News & Content, with a score of 6.90
February 23, 2022
…the needs of warehouse operators worldwide.” Harvard Biorobotics Lab, Yale GRAB Lab, and MIT researchers Tenzer, Leif Jentoft, and Lael Odhner founded RightHand Robotics in 2015 after winning a Defense Advanced Research Projects Agency (DARPA) manipulation challenge. They focused on solving the “holy grail” of warehouse automation—piece picking for supply chain and e-commerce fulfillment, said the Somerville, Mass.-based company. RightPick deals with complex picking RightHand Robotics launched its autonomous piece-picking product in 2017. The modular, data-driven RightPick platform uses artificial intelligence, edge computing, machine vision, grippers, and collaborative robot arms. Its workflows can quickly adapt to new SKUs for streamlined…
Found in Robotics News & Content, with a score of 6.14
August 19, 2021
…said Jim Hess, director of warehouse business development at Yale. Operators can then more confidently focus on value-added tasks, since the machines will automatically adjust to minimize risks. Newer-generation trucks with object detection can also sense when other smart equipment is nearby, or the presence of people wearing proximity badges. Such technology can make an operator’s job easier, safer, and more productive, said Hess. “We can set speed limits for these trucks in front of break rooms, or the door to the office area, so trucks are automatically slowed down,” he said. “Or, if there is an obstruction in the…
