Found in Robotics News & Content, with a score of 0.68
…look for proven technology Since the outbreak of the COVID-19 pandemic, supply chain problems, the complexity and spread of e-commerce, and recurring labor shortages have changed the adoption of automation from a cost-cutting exercise to a vital factor for growth. At the same time, logistics managers are seeking proven technologies to reduce workloads. Automated forklifts are one promising technology, and DHL Supply Chain is aiming to automate a third of its 20,000 pieces of equipment globally, according to Markus Voss, global chief information officer and chief operating officer at the company. Seegrid's Palion Lift AMR is its first autonomous lift…
Found in Robotics News & Content, with a score of 0.67
…1 million parcels per month on average. During the COVID-19 pandemic, demand for order fulfillment skyrocketed. To keep up with order volume, Apotea invested in RightHand Robotics’ RightPick 3 platform to accelerate its e-commerce business and provide Swedish consumers quicker access to medication and other non-prescription products. Sommerville, Mass.-based RightHand Robotics said it will support Apotea’s increasing demand from customers who shop online and need reliable, direct, and convenient delivery throughout Sweden. “Through our warehouse automation initiatives, our efficiency has reached new levels to meet demand. RightHand Robotics’ RightPick 3 technology powered by its RightPick AI software will allow us…
Found in Robotics News & Content, with a score of 0.67
…rapid delivery. The e-commerce revolution was driven by the COVID-19 pandemic and will continue to accelerate in 2022, it predicted. 2. Robots become easier to use New generations of robots are designed to be easier to use. There is a clear trend towards user interfaces that allow simple icon-driven programming and the manual guidance of robots. Robot companies and some third-party suppliers are bundling hardware packages with software to ease implementation. Offerings that focus on complete ecosystems can add value by reducing the effort and the time to operation, the IFR noted. 3. Both robots and humans up-skilling More and…
Found in Robotics News & Content, with a score of 0.67
…Markets. It said growing demand for automation since the COVID-19 pandemic and a high return on investment (ROI) are encouraging cobot adoption, while low payload capacity and speed limitations restrain that market. Similarly, ReportLinker forecast a CAGR of 40.1% to $10.8 billion by 2028. Founded in 2005, Odense, Denmark-based Universal Robots is the market leader in cobot arms. The company's product line includes a range of reaches and payloads, supported by end effectors, software, accessories, and application kits in the UR+ ecosystem. Universal Robots, which is owned by Boston-based Teradyne Inc., said it has installed more than 50,000 robots worldwide…
Found in Robotics News & Content, with a score of 0.67
…Flytrex’s autonomous drone delivery service. In response to the COVID-19 pandemic, Flytrex had launched a system delivering necessities to residents of Grand Forks, N.D., helping address the growing health crisis by keeping citizens in the safety of their own homes and reducing crowding and unnecessary contact at local stores. “Our mission is to make widespread on-demand drone delivery the rule rather than the exception – and this funding is a vote of confidence from our investors that we are indeed on the way to making this a reality,” said Yariv Bash, co-founder and CEO of Flytrex. “Our systems are in…
Found in Robotics News & Content, with a score of 0.67
…for more efficient warehouse operations has continued as the COVID-19 pandemic abated and in spite of recessionary fears. For example, DHL Supply Chain this week said it will be growing its fleet of autonomous mobile robots, or AMRs, from Locus Robotics. At the same time, some AMR users faced more uncertainty with the news of Shopify Inc.'s layoffs and sale of 6 River Systems to Ocado Group PLC. According to industry observers, relatively few mobile robot suppliers are profitable, but most agreed that Locus is one of them. DHL Supply Chain said it plans to deploy Locus Origin robots across…
Found in Robotics News & Content, with a score of 0.66
…the autonomous truck makert in 2021 because of the COVID-19 pandemic. Mordor Intelligence forecast a CAGR of 18.6% between 2020 and 2025, and it noted that safety is still a leading concern. Although autonomous truck developer Plus called off its planned merger with special-purpose acquisition company (SPAC) Hennnessy Capital Investment Corp. V earlier this month, investors are still putting billions of dollars into development. Earlier this month, Kodiak Robotics raised $125 million in Series B funding. In September, tire maker Goodyear participated in Gatik's $85 million Series B round, and medium-duty driverless truck developer DeepRoute.ai closed $300 million in Series…
Found in Robotics News & Content, with a score of 0.66
…the development of Libiao's global strategy.” “The current global COVID-19 pandemic is changing market structures and trends. The impact of the pandemic and the rapid growth of e-commerce have prompted reforms in the logistics and supply chain fields,” Xia Huiling added. “Faced with labor shortages and sharp increase in health risks, the challenge of the logistics and supply chain system to turn to automation is more urgent than before. The flexibility and scalability of the sorting system are also higher in order to adapt to the changing and diversified market needs and difficulties.” “With Libiao Robotics' tabletop sortation AMRs, we…
Found in Robotics News & Content, with a score of 0.66
…and said it will take precautions against the ongoing COVID-19 pandemic. “We are so excited to be back to live events starting in the AMR and logistics space,” stated Jeff Burnstein, president of A3. “While our 2020 virtual event was successful – more than 2,900 registered for our AMR conference last fall—there’s nothing like meeting the leading companies and learning about the new technologies and latest applications in person.” “We expect the pandemic to be in the rear-view mirror in the U.S. by October and will take all steps necessary to create a safe environment for all of our participants,”…
Found in Robotics News & Content, with a score of 0.65
…said it is poised for explosive growth as the COVID-19 pandemic eases and businesses swiftly recover. The company said its sales in the first half of 2021 have already exceeded total sales in 2020. The Danish 'Lions' invest Visti is only one of several prominent investors in WeldingDroid. Among the other investors in WeldingDroid are two of the “lions” from DR1 TV’s The Lions’ Den – a Danish version of the popular U.S. television show Shark Tank. Jesper Buch and Jacob Risgaard invested money in WeldingDroid after an episode of the show. “We have worked with WeldingDroid since early 2020,…
Found in Robotics News & Content, with a score of 0.65
…IND-enabling stage, including a novel 3CL protease inhibitor for COVID-19 treatment, and two synthetic lethality programs targeting MAT2A and USP1 for oncology. It also successfully completed a Phase 0 microdose study and entered a Phase I clinical trial with its first internally developed program targeting fibrosis. “This unique program completed a first-in-human Phase 0 study in healthy volunteers and has entered Phase I clinical trials,” Zhavoronkov said. “We have also nominated seven preclinical candidates across a number of other disease indications since 2021. I am very excited about this progress and have decided to personally invest in this round.” “With…
Found in Robotics News & Content, with a score of 0.65
…also major contributors. “China experienced such remarkable demand for flexible automation solutions in 2021 in the wake of the COVID-19 pandemic that there was very little in terms of labor shortage compared with other regions,” the firm said. “Looking out to 2027, the material transport sector will dominate mobile robot shipments, while sales volume will be driven by conveying solutions.”