Found in Robotics News & Content, with a score of 9.64
July 19, 2021
…nation with its favorite books.” HAI Robotics expands beyond China Established in 2016, HAI Robotics said it is a pioneer in autonomous case-handling robotics (ACR) systems. The Shenzhen, China-based company said its customized warehouse automation uses advanced robotics technology and artificial intelligence algorithms. HAI Robotics serves industries including third-party logistics (3PL), apparel, e-commerce, electronics, energy, manufacturing, and pharmaceuticals. HAI Robotics obtained $15 million in Series B+ funding in March. The company's HAIPICK ACR series has obtained the CE Mark, meeting European safety standards. In addition, HAI Robotics said it has been expanding rapidly outside China, establishing offices in Tokyo and…
Found in Robotics News & Content, with a score of 11.36
July 17, 2021
…serves more than 2,800 counties, districts, and cities in China, and it claimed that it makes more than 40 million orders per day. Tencent was founded in 1998 and provides social media, advertising platforms, and financial and business services, and it invests in technology companies. The Shenzhen, China-based company increased its share in Meituan from 17% to 17.2%, and the subscription price was HK $273.78 per share. Meituan expands deliveries, partnerships Along with JD.com and Neolix, Meituan obtained approval from Beijing in April to test self-driving delivery vehicles in the Yizhuang Development Area. It had already made 11,000 robotic deliveries…
Found in Robotics News & Content, with a score of 6.50
July 13, 2021
…of Sandvik. DWFritz Automation has offices in France and China. The company said it has many Fortune 500 customers and more than 2,000 systems installed worldwide. In 2020, the company had about 560 employees, revenues of approximately SEK 720 million ($78 million U.S.). It recently partnered with Ambi Robotics to build custom picking systems. In addition, DWFritz had an EBIT margin slightly dilutive to Sandvik Manufacturing and Machining Solutions. Impact on Sandvik's earnings per share will initially be neutral. The parties did not disclose the purchase price. Sandvik to add DWFritz to manufacturing, machining unit Stockholm-based Sandvik said that DWFritz…
Found in Robotics News & Content, with a score of 4.25
July 07, 2021
…facilities; warehouses; banks; and hospitals in countries such as China, Japan, South Korea, Germany, and the U.S. The company has developed a full research and development infrastructure and product portfolio including 3D cameras, machine vision algorithms and software, and intelligent robot programming. Mech-Mind said its full industrial 3D camera line also includes: Mech-Eye Laser: Equipped with fast structured light, Mech-Eye Laser boasts ambient light resistance, significantly reducing shading facility requirements even under sunlight exceeds 10,000 lux. Mech-Eye Pro Enhanced: Featuring high-quality imaging of a broad range of objects, Mech-Eye Pro Enhanced expands the boundary of pick-and-place applications Mech-Eye Deep: Featuring…
Found in Robotics News & Content, with a score of 13.22
July 06, 2021
…it is a leading developer of autonomous vehicles in China, today announced the start of production of its Gen5 system for fully driverless robotic taxicabs. “Safety is our No. 1 priority, and it has to be built on a reliable foundation,” stated Dr. Jianxiong Xiao (a.k.a. “Professor X”), founder and CEO of AutoX, at an event at the Crowne Plaza Shanghai Anting. “Gen5 was created for fully driverless robotaxis in cities and is designed for the safety of our users and everyone on the road.” Xiao, self-driving technologist who studied at the Massachusetts Institute of Technology and Princeton University, founded…
Found in Robotics News & Content, with a score of 11.01
July 05, 2021
…investment of more than $100 million (U.S.). The Hangzhou, China-based company said it plans to use the funding to accelerate development and scale production of its autonomous driving and advanced driver-assistance systems (ADAS). The intelligent driving industry will grow with more assisted driving, mature autonomous driving systems, and an improved autonomous driving ecology, stated Lin Zhang, founder of Freetech. “Our flexible L2 autopilot solutions can provide Chinese consumers with a new ‘human-machine co-driving’ experience that is cost-effective,” he said. Freetech readies L3 for mass production Freetech was founded in 2016, and its vehicle perception technology includes cameras, millimeter-wave radar, and…
Found in Robotics News & Content, with a score of 11.62
July 03, 2021
…was awarded the 2021 Red Dot Award. The Zhengzhou, China-based company said it is world's first autonomous bus manufacturer to win the world-class industrial design award, as well as the only bus brand in China to be so recognized. Yutong said its combination of artificial intelligence, aesthetic design, and SAE Level 4 autonomous driving are why Xiaoyu 2.0 won the prestigious Red Dot Award. Yutong Xaioyu combines form and function With 5G V2X (vehicle-to-everything) transmission technology, unnecessary suspensions are avoided by the interactions between vehicle and traffic lights, said Yutong. Just like the AI victory of Google DeepMind's AlphaGo, embedded…
Found in Robotics News & Content, with a score of 9.19
July 02, 2021
…as offices in Germany, the U.K., the U.S., Japan, China and Hong Kong, and Singapore. Geek+ builds on commercial success In the past two years, Geek+ said it has automated the warehouses of some of the world's best-known brands such as Decathlon, Nike, Circle K, Walmart, and ASDA. The company claimed that it has the largest share of the global autonomous mobile robot (AMR) market with operations in 30 countries. Geek+ plans to continue to strengthen its regional capabilities by teaming up with local as well as global integrators. Building upon its goods-to-person picking robot, Geek+ now offers a wide…
Found in Robotics News & Content, with a score of 5.63
June 30, 2021
…Wilsonville, Ore.-based company, which has offices in France and China, also provides build-to-print manufacturing capabilities to clients. DWFritz to enable rapid AmbiSort deployment Founded in 2018 as Ambidexterous Laboratories, Ambi Robotics said its systems can help scale e-commerce operations to meet demand while empowering humans to work smarter. The Emeryville, Calif.-based company’s AmbiOS configurable operating system uses Dex-Net simulation-to-reality technology to operate robots for supply chain customers such as Pitney Bowes Inc. AmbiSort enables robots to sort and pack millions of unique parcels, such as boxes, polybags, and envelopes, into destination containers more than 50% faster than manual systems, claimed…
Found in Robotics News & Content, with a score of 8.56
June 28, 2021
…offering on the Hong Kong Stock Exchange. The Guangzhou, China-based automotive company is offering 85 million Class A ordinary shares in its global offering, and it could raise up to $2 billion (U.S.). XPeng said it designs, manufactures, and markets electric vehicles (EVs) to appeal to the large and growing base of middle-class consumers in China. The company is also developing full-stack autonomous driving technology and an in-car intelligent operating system, as well as core vehicle systems including powertrain and the electrification/electronic architecture. Also known as Xiaopeng Motors, the company was founded in 2014 and has offices in Beijing, Shanghai,…
Found in Robotics News & Content, with a score of 14.28
June 23, 2021
…to have permission to test driverless cars in both China and the U.S., today announced that it has closed its $310 million (U.S.) Series C fundraising round. The Guangzhou, China-based company said it plans to use the financing to continue developing and commercializing its autonomous vehicle technology. “WeRide Master Platform, our core autonomous driving technology solution, has helped to accelerate the company’s development,” stated Tony Han, founder and CEO of WeRide. “This drives the successful operation of our robotaxi service in Guangzhou since 2019 and the introduction of the WeRide driverless Mini Robobus, a completely new product category to the…
Found in Robotics News & Content, with a score of 8.61
June 22, 2021
…PlusDrive system to some customers in the U.S. and China this year. In addition, state-owned China FAW Group Co. plans to start mass production of jointly-developed autonomous trucks this quarter, said Plus. The company recently hired Dennis Mooney from Navistar International Corp. and Chuck Joseph from Amazon.com Inc. to help scale up production and promote the adoption of its technology. Startups keep on trucking Plus is among a number of startups trying to upend a fragmented long-haul trucking business with driverless technology. Other companies working on autonomous freight hauling include Waymo, Kodiak Robotics, Einride, and TuSimple. In June 2020, Amazon…
