Found in Robotics News & Content, with a score of 16.14
April 27, 2021
Woven Planet Holdings Inc., a subsidiary of Toyota Motor Corp., said yesterday that it has agreed to acquire Level 5, the self-driving division of ride-hailing company Lyft Inc. This marks the first major deal for the newly established Woven Planet and continuing consolidation in the autonomous vehicle space. Woven Planet Group launched in January 2021 as an expansion of the operations of Toyota Research Institute - Advanced Development Inc. (TRI-AD) with the motto of “Mobility to Love, Safety to Live.” It includes four companies in support of connected and autonomous vehicles, robotics, smart cities, and more. Woven Planet Holdings Inc.…
Found in Robotics News & Content, with a score of 16.14
March 23, 2017
Toyota Industries Corporation (TICO) has signed an agreement to acquire Vanderlande, a global market leader for value-added logistic process automation at airports, warehouses and the parcel market, from the company’s current owner NPM Capital. The acquisition has been fully approved and supported by Vanderlande’s Supervisory and Management Boards, and Works Council. Vanderlande will retain its name and corporate identity, as well as continue its operations as a standalone entity from the same locations worldwide. According to a release, the transaction signifies TICO’s strategic ambition to increase its presence in automated material handling. It follows the recently announced expansion in North…
Found in Robotics News & Content, with a score of 15.54
July 15, 2021
Woven Planet Holdings Inc., a subsidiary of Toyota Motor Corp., yesterday said it is acquiring CARMERA Inc., which specializes in spatial artificial intelligence for automated mobility. CARMERA will join Woven Planet Group as a wholly-owned subsidiary, expanding the company’s footprint beyond its Tokyo headquarters by adding New York and Seattle offices to its planned offices in Silicon Valley and London. Terms were not disclosed. The predecessor to Woven Planet—Toyota Research institute - Advanced Development Inc. (TRI-AD)—previously collaborated with CARMERA on projects from 2018 to 2020. They demonstrated that the companies could successfully develop and update high-definition (HD) maps from commodity,…
Found in Robotics News & Content, with a score of 15.30
December 19, 2022
…technology and service partner. Its technology is used in Toyota Material Handling forklifts. Kollmorgen also recently announced that it has formed a partnership with the Spanish Association for Mobile Robotics to “offer high-quality integration solutions for AGVs and mobile robots based on the NDC8 platform.” Front AGV calls Kollmorgen the 'logical choice' “Kollmorgen’s NDC Solutions is the logical choice for us,” said Emil Arnesson, CEO, Front AGV, in a statement. “They provide a superior, reliable, and customizable software and hardware solution for vehicle routing and navigation—and we have a close collaboration. This enables us to innovate faster and build more…
Found in Robotics News & Content, with a score of 14.71
September 29, 2021
…to do increasingly complex work outdoors,” the company said. Toyota co-leads farming tech funding S2G Ventures and Toyota Ventures led Burro's Series A round. It is Toyota Ventures' first investment in agricultural robotics. F-Prime Capital and the Cibus Enterprise Fund joined the round along with existing investors including Radicle Growth and ffVC. “Charlie and the Burro team have big plans to drive their product roadmap from a growing customer base, harden their technology through real-world use, and offer extended platform services that farmers need every day,” said Jim Adler, founding managing director at Toyota Ventures. “Burro is already gaining traction…
Found in Robotics News & Content, with a score of 13.70
August 28, 2020
…3D scanning while developing custom roof racks for three Toyota pickup and SUV models; the Tacoma, the Tundra and the 4Runner. Because these racks fit extremely tight to the roof and Hamar needed an accurate roof profile in about 12 spots, the company determined that 3D laser scanning would provide the most geometrically correct representation of the roofs. Hamar contacted fellow Texas firm NVision, Inc., a 3D measurement and engineering services company with a 30-year history of work for the automotive and transportation industries. NVision’s work in the auto/transportation sectors includes the rapid design and reverse engineering of motorcycles, autos,…
Found in Robotics News & Content, with a score of 13.54
March 25, 2022
…are Fortune 500 companies, such as General Electric and Toyota. “Over the last decade, our AMRs have solved material handling challenges for some of the largest companies in the world, but our customers have made it clear that there was a missing member of the team—one that could pick up a pallet on its own,” said Matt Rendall, CEO of OTTO Motors. “We’ve answered that call with OTTO Lifter—your new forklift driver. We put years of autonomous driving experience into OTTO Lifter, making it the smartest forklift on the market.” OTTO Lift designed to be nimble Lift truck accidents are…
Found in Robotics News & Content, with a score of 13.53
August 29, 2023
…more U.S. government and aging agency partnerships this year.” Toyota, others continue to invest in Intuition Robotics Intuition Robotics' latest financing includes $20 million in venture capital and $5 million in venture debt. Woven Capital, the growth fund of Toyota, led the funding, with participation from Toyota Ventures, OurCrowd, Western Technology Investment, and additional investors. Past investors also include Samsung NEXT, iRobot, and Terra Ventures. “Intuition Robotics is advancing the future of mobility for aging populations by offering human connection and access to goods and services that they couldn’t obtain otherwise,” said Nicole LeBlanc, a partner at Woven Capital who…
Found in Robotics News & Content, with a score of 13.53
January 08, 2020
…year of record-breaking forklift sales In other news MHI’s annual report sees inflection point, investment spike, for digital technologies Toyota Industrial Equipment Manufacturing (TIEM) and Toyota Material Handling, U.S.A. (TMHU), to become Toyota Material Handling MIT and ASU serve up an online Master’s in supply chain management RFID companies innovate to harness growth opportunities ProMat 2019: Nearly 50,000 attendees set 34-year record Pack Expo Las Vegas and Healthcare Packaging Expo 2019 break multiple records MHI announces formation of new robotics industry group
Found in Robotics News & Content, with a score of 13.37
July 14, 2023
…needs The Raymond Corp. is a member of the Toyota Industries family of companies. It provides systems for materials handling and intelligent intralogistics. Following principles of innovation and continuous improvement for more than 95 years, Raymond said its integrated automation, telematics, VR, and advanced energy systems can optimize warehouse and distribution center operations. The company claimed that its electric forklift trucks are engineered to increase productivity and efficiency and are designed to provide ecological and economic benefits. In partnership with Toyota Advanced Logistics Solutions, Raymond said it delivers systems to markets in North America and globally. “Combining operational excellence, award-winning…
Found in Robotics News & Content, with a score of 13.28
September 23, 2021
…million, led by SAIC Motor, with participation from Bosch, Toyota, and others. It is working with Toyota on technologies for high-definition mapping and with NVIDIA on autonomous parking. GM invests in safer, cleaner transport GM said it “is investing aggressively in a comprehensive and highly-integrated plan to lead the transformation to a more sustainable future, guided by its vision of a world with zero crashes, zero emissions, and zero congestion.” In June, the automaker announced that it is investing $35 billion in electric vehicle (EV) and autonomous vehicle (AV) technology from 2020 to 2025. In China, GM is expanding its…
Found in Robotics News & Content, with a score of 12.53
April 13, 2017
…Egemin and Dematic by Kion; Intelligrated by Honeywell; and Toyota’s acquisition of Bastian and Vanderlande. But it doesn’t stop there. Yesterday’s Wall Street Journal reported that “Plug Power granted Amazon the right to buy up to 20 percent of its shares” based on meeting contract goals. While Kion, Intelligrated and Toyota are taking different approaches to the market, in conversations with their executives, they each predicted an increase in R&D spending that will benefit their individual companies but also the industry – and increase the clockspeed. New business models: The traditional industry business model is that a company builds a…
