Found in Robotics News & Content, with a score of 8.36
January 26, 2022
…SameDay Bot, Roxo, in the AMEA region to explore the future of contactless, last-mile delivery. FedEx is working with Aurora Innovation Inc. on autonomous long-haul trucks and with Future Mobility Campus Ireland (FMCI) Air on drone deliveries. In addition, it launched the SenseAwareID sensor-based logistics device, which is designed to enhance tracking precision, reliability, and timely delivery of critical shipments such as pharmaceuticals and emergency medical supplies.
Found in Robotics News & Content, with a score of 10.24
January 17, 2022
…include TuSimple and DHL Supply Chain, Gatik and Walmart, Aurora Innovation and Uber Freight, Embark Trucks and Texas A&M, and Locomation and Wilson Logistics. Mountain View, Calif.-based Waymo Via is also working with UPS. In addition to J.B. Hunt being Waymo's first customer for self-driving trucks, the companies plan to explore innovations in autonomous driving technology and the digital marketplace. J.B. Hunt claimed that its J.B. Hunt 360° platform is an industry leader in digital freight matching and was responsible for processing 1.2 million loads in 2020. Waymo said its technology has autonomously driven over 20 million miles on public…
Found in Robotics News & Content, with a score of 9.64
January 14, 2022
…2020, Uber sold its Advanced Technologies Group (ATG) to Aurora Innovation, and Amazon acquired Zoox after it laid off 120 contractors. Last year, Lyft sold its self-driving division to Toyota, and delivery robot firm Nuro acquired self-driving trucking firm Ike. Waymo, which is owned by Google parent Alphabet, and Cruise, which spun out of General Motors, have pumped billions of dollars into self-driving car research and development. Cruise acquired Voyage in March 2021. Also this week, Magna International acquired the employees and assets of Boston-based Optimus Ride Inc. Former Local Motors executives expressed optimism, however, about the industry's potential. “As…
Found in Robotics News & Content, with a score of 14.13
January 11, 2022
…hired more than 120 employees of Optimus Ride Inc. Aurora, Ontario-based Magna said the engineers from the Boston-based autonomous shuttle developer will help its capabilities in advanced driver-assistance systems, or ADAS. “Growing our engineering bench strength in sensing hardware and software helps accelerate our path forward in a rapidly growing ADAS market,” stated John O’Hara, president of Magna Electronics. The companies did not disclose financial terms of the acquisition, and Magna will also gain Optimus Ride's assets and intellectual property. Magna combines vehicle expertise Founded in 2015 by former members of MIT's team in the 2007 DARPA Urban Challenge, Optimus…
Found in Robotics News & Content, with a score of 10.91
December 16, 2021
…and its Kärcher North America unit is headquartered in Aurora, Colo. Using Brain Corp’s proprietary operating system, KIRA CV 60/1 is designed to safely vacuum in large buildings such as hotels, schools, airports, offices, and convention centers and more. In addition to BrainOS, the robot includes the following features for navigation and cleaning: Lithium-ion battery for increased runtime and faster charging speed Advanced cameras and sensors that constantly scan and adapt to the environment Cloud-connected AI software that continually improves navigational performance Reporting tools that provide managers with key insights into operational performance metrics HEPA-rated vacuum bag for optimal health…
Found in Robotics News & Content, with a score of 46.79
December 15, 2021
…freight industry is addressing underutilization and inefficient load procurement. Aurora Innovation Inc. and Uber Freight LLC today announced a multiphase commercial pilot to move freight in Texas and to explore integrating access to Uber Freight’s network within the Aurora Horizon trucking product suite. The companies said their combined offerings will enable carriers to maximize fleet usage, broaden opportunities to haul goods, and streamline supply chain operations. “The integration of Aurora Horizon into a digital marketplace like Uber Freight enhances its value to carriers by providing them with additional tools to increase asset utilization,” said Aurora. “It also gives shippers access…
Found in Robotics News & Content, with a score of 6.41
December 13, 2021
…companies, including those they helped take public such as Aurora, AutoStore, Berkshire Gray, DiDi, DoorDash, JD Logistics, Uber, and WeWork. More transaction details The minimum cash of the transaction is fully covered by the $405 million of committed equity capital that Symbotic and SVFC have raised, reducing potential transaction uncertainty. Symbotic also expects to receive an additional $174 million in cash from Walmart by the end of December to be used for general corporate purposes as a result of Walmart gross exercising warrants it holds in the Company. At closing, assuming no SVFC public shareholders exercise their redemption rights, existing…
Found in Robotics News & Content, with a score of 8.47
December 10, 2021
…Texas include Waymo Via, Gatik, Kodiak Robotics, TuSimple, and Aurora. Map of the RELLIS Campus. Source: Texas A&M Embark partners with Texas A&M To support its expansion, Embark announced a partnership with the Texas A&M Engineering Experiment Station (TEES) to use its test track. The company plans to work closely with the Center for Autonomous Vehicles and Sensor Systems (CANVASS) and faculty in the J. Mike Walker '66 Department of Mechanical Engineering at Texas A&M University. It said it intends to achieve remaining technology milestones and develop new autonomous vehicle capabilities. These milestones represent the final hurdles to deploying commercially…
Found in Robotics News & Content, with a score of 10.89
November 24, 2021
…closed $300 million in Series B funding. Inceptio raised $270 million in its Series B in August. In July, Aurora Innovation announced a $1 billion SPAC merger, and in June, Embark Trucks said it expected to raise $614 million in a SPAC deal. Waymo raised $2.4 billion in funding in June as it continues to develop the Waymo Driver for autonomous vehicles ranging from ride-hailing cars to vans and trucks.
Found in Robotics News & Content, with a score of 8.40
November 18, 2021
…competition with local developers of self-driving vehicles, such as Aurora, Motional, TuSimple, and Uber? “I think competition is great—if there wasn't any, this would be an isolated industry,” replied Mitra. “We believe we're in the nascent phases of where technology can make an impact in healthcare. When it comes to talent acquisition, it comes down to where people want to apply their education and help others.” Smith+Nephew's “three pillars” at its Pittsburgh site. Source: Smith+Nephew Investing in the future of surgical robotics “In the past couple of years, Smith+Nephew has focused on its three cultural pillars: care, collaboration, and courage,”…
Found in Robotics News & Content, with a score of 11.64
November 09, 2021
…$420 million in February. Other significant transactions involving autonomous trucks this year include TuSimple's $1 billion IPO in April, Aurora Innovation's $1 billion SPAC deal in July, Embark Trucks' $614 million SPAC purchase in June, and Inceptio Technology's $270 million Series B round in August. Plus has other technology relationships with venture studio Good Machine and Teledyne FLIR, among other U.S.-based companies. It also announced an expansion in Europe last month.
Found in Robotics News & Content, with a score of 9.87
November 04, 2021
…C, C+ 11/4/2021 TuSimple San Diego 1,081 IPO 4/7//2021 Aurora Pittsburgh 1,000 SPAC 7/15/2021 Plus Cupertino, Calif. 920 SPAC, IPO 6/23/2021 WeRide Guangzhou, China 620 Series B, C 6/23/2021 Embark San Francisco 614 SPAC 6/23/2021 Level 5 San Francisco 550 Acquisition 4/26/2021 The global market for autonomous vehicles will experience a compound annual growth rate (CAGR) of 14%, growing from $719.94 billion in 2020 to $1.3 trillion in 2025, according to Research and Markets. Facts and Factors forecast a 22% CAGR for the self-driving car market, from $23 billion in 2020 to $64.88 billion by 2026, showing the wide range…
