Found in Robotics News & Content, with a score of 10.99
…vehicle models awarded. It said it is sole-sourced by General Motors and is engaged with other Top 10 OEMs. Lidar makers seek SPAC combos On Aug. 4, 2021, Cepton, GCAC, and GCAC Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of GCAC, entered into a business combination agreement, as amended on Jan. 21, 2022. Following the closing of the business combination, the combined company’s common stock and warrants are expected to list on Nasdaq under the ticker symbols “CPTN” and “CPTNW,” respectively. Other lidar sensor companies involved in recent SPAC transactions include Aeva Technologies, Arbe Robotics, AEye,…
Found in Robotics News & Content, with a score of 10.57
…BigRep, Bosch in North America, Dentsply Sirona, EOS, Formlabs, General Motors, Mimaki Engineering Company, Protolabs, Renishaw and Volkswagen Group. New Outlet for Research ADAPT is just one of several industry initiatives or consortia focused on 3D printing. America Makes, the 3MF Consortium, and EWI’s Additive Manufacturing Consortium, among others, have similar aims. What makes ADAPT different, according to Quinlan, will be the ability to leverage MIT’s research facilities and educational resources. According to Quinlan, initial efforts of ADAPT will include providing seed funding for new research projects at MIT and establishing a new advanced additive manufacturing laboratory there. Membership fees…
Found in Robotics News & Content, with a score of 10.29
…included Chinese strategic investor SAIC Motor; global strategic investors General Motors, Toyota, and Bosch, as well as Temasek and Yunfeng Capital. Mercedes-Benz, IDG Capital, GGV Capital, Shunwei Capital, Tencent, and Cathay Capital also participated in the $500 million Series C round. Autonomous vehicle developers and related technology providers have raised more than $26.5 billion in 2021, according to Robotics 24/7. Here are 10 of the biggest totals to date: Company Location Amount (M$) Transaction Date Cruise San Francisco 2,750 Investments 4/15/2021 Waymo Mountain View, Calif. 2,500 Investments 6/16/2021 Xpeng Hong Kong 2,000 IPO 6/24/2021 Momenta Beijing 1,200 Series C, C+…
Found in Robotics News & Content, with a score of 10.29
…“Unimate”, which was installed for industrial use in a General Motors plant in 1961. Since then, approximately three million industrial robots have been installed in manufacturing facilities around the world. “Joe made some of the most important contributions to technological advancement in the history of the world,” said Jeff Burnstein, president of the Robotic Industries Association (RIA), the first and only robotics trade association and an organization Engelberger was instrumental in founding. “Because of Joe, robotics became a global industry. He was years ahead of his time, envisioning robots based on insects and birds decades ago –– developments that we’re…
Found in Robotics News & Content, with a score of 10.24
…money chasing them extends from Apple and Google to General Motors and Otto, to name just a few of the many. It’s entirely possible that autonomous vehicles are the best funded R&D project in the history of mankind. “Autonomous vehicles are a competition, a race. The quickest and best companies at it will make billions if not trillions from the technology,” says Kevin Lacy, director of the transportation, mobility and safety division for the North Carolina Department of Transportation. See “The Interview” in this edition of NextGen Supply Chain for Lacy’s state-level view of autonomous vehicles. Part of the shakeout…
Found in Robotics News & Content, with a score of 9.61
…license in California to test autonomous vehicles. Ford and General Motors are also doubling down on creating autonomous vehicles. Now Amazon could be eyeing driverless car technology as a way to get items to people's doors faster, according to a new report from the Wall Street Journal. “Amazon.com Inc. has created a team focused on driverless-vehicle technology to help navigate the retail giant’s role in the shake-up of transportation, according to people briefed on the matter.” The initiative, still in its early phases, could help the Seattle-based company overcome one of its biggest logistical complications and costs: delivering packages quickly.…
Found in Robotics News & Content, with a score of 9.51
…SIP Global Partners, Porsche Automobil Holding SE, Denso Global, General Motors Ventures, Maniv Mobility LP, and Xerox Ventures. New investors included Honda Motor and Cubit Capital, among others. “Seurat has an innovative concept and technologies for metal additive manufacturing, and Honda has high expectations for their future potential,” said Manabu Ozawa, managing executive officer of Honda Motor Co. “The metal additive manufacturing technology will enable the enhancement of the value of products through innovative design, and as Honda strives to create the joy and freedom of mobility, we envision that this technology will be necessary for us.” “Honda will continue…
Found in Robotics News & Content, with a score of 9.48
…guest check-in. Cobalt noted that leading enterprises such as General Motors and Slack rely on its automation to protect facilities, staff, and intellectual property. Cobalt Robotics moves from COVID-19 to security DoorDash initially used Cobalt's robots to reduce COVID-19 transmission risk in its offices. The companies said the technology enabled DoorDash to enforce mask wearing, social distancing, and other health and safety protocols without putting its team at risk. As more employees returned to the office, DoorDash began using Cobalt robots to perform routine security tasks including patrols for hazard and threat identification, perimeter control, security escorts, and alarm response.…
Found in Robotics News & Content, with a score of 9.45
…Australian manufacturer said it supplies some of the biggest companies in the world, including Airbus, Boeing, Google, Apple, and General Motors. Advanced Navigation added that it has sales offices around the world and that it maintains carbon-neutral operations. In addition to novel autonomous subsea robotics, Advanced Navigation delivers AI-enhanced navigation technologies for land, sea, air, and space applications. The company said it “is committed to developing innovative products and systems that will be catalysts of the autonomy revolution.”
Found in Robotics News & Content, with a score of 9.26
…named Chuck Stevens III, former chief financial officer at General Motors, and Kurt Lehmann, former chief technology officer at Continental, to its advisory board. “We're bringing on world-class talent for software, mechanical, and electrical engineering from the robotics, software, and automotive sectors,” said Bolat. “At the board level, we're filling our bench with automotive wisdom and have worked really hard to earn the trust of some of the biggest automotive companies in the world.” “It has become very clear that trillions of dollars are at stake with electrification and autonomy, acccelerating efforts and capital commitments across the board,” he said.…
Found in Robotics News & Content, with a score of 9.10
…can also trigger braking to prevent an accident, counts General Motors Co. among its customers. Recently, Mobileye has been pushing to sign up more carmakers for its advanced products, such as technology that collects data from vehicle fleets to build a real-time, crowd-sourced mapping service. Goldman Sachs Group Inc. invested $100 million in 2007 for a minority stake in Mobileye. Intel will combine its existing autonomous vehicle technology unit with Mobileye and the new group will be run in Israel by Shashua, the companies said in a statement. “Shashua is the personification of car safety and autonomous driving,” said Shmuel…
Found in Robotics News & Content, with a score of 8.84
…sensor providers to end users like Procter & Gamble, General Motors, and Ford. We hope to publish it later this year.” “We're trying to get alignment with OSHA [the Occupational Safety and Health Administration] to make it a compulsory standard,” Wise said. “Safety is like religion—you either believe in it, or you don't. Larger manufacturers largely get it, but as robots push into logistics and distribution, there isn't the same belief.” “Over the past couple of years, we've interacted with prospective customers who ask, 'Why can't you do this?' and we'll say, 'Because the safety standard says it isn't a…