Found in Robotics News & Content, with a score of 16.25
January 26, 2022
As supply chains add more automation, mobile robot providers continue to scale up to meet the demand. Vecna Robotics today announced that it has raised $65 million in Series C funding. The Waltham, Mass.-based company said it will use its latest financing to develop new software and robots, as well as fulfill new orders and expand operations. It noted that the market opportunity for autonomous pallet moving is $165 billion. “There is huge headroom for growth in automated material handling with over 5 billion pallets in the world being moved by more than 5 million forklifts and nearly 5 million…
Found in Robotics News & Content, with a score of 16.04
May 16, 2022
…higher standard of security to compliance, scalability, and customization, operations must proceed at a higher level of efficiency, despite these challenges, from start to finish of each task. But how can enterprises expect to run fleets smoothly when so many needs each present an issue? Although growing pains are expected when scaling and operating larger fleets of robots, navigating them does not have to be so difficult that it delays productivity. Solutions do exist to help ease the impact on operations and help operators invest more in the success of their robots. Let’s take a look at some of the…
Found in Robotics News & Content, with a score of 16.00
June 22, 2023
…Ryden, executive director of MassRobotics, in his introductory remarks. “Robots can help to improve safety and accuracy as well as provide services in areas where there are labor shortages.” MassRobotics is a nonprofit organization that provides resources to innovators and entrepreneurs to nurture robotics and automation startups, particularly in Massachusetts. “Not all points in time are equal,” said John Fish, CEO of Suffolk Technologies, the venture capital platform of Suffolk Construction and organizer of the fourth-annual BOOST accelerator program. “For the first time in the history of construction, the cost is greater than the value.” Fish noted that the industry,…
Found in Robotics News & Content, with a score of 15.94
September 29, 2020
…logistics and forecasts they will produce up to 4,000 robots per year by 2021. Exotec’s Skypod 3D warehouse robots allow retailers and e-merchants to quadruple their warehouse productivity and increase up to five times their storage capacity, according to Exotec. Their autonomous robots can move in a unique three-dimensional pattern at a speed of 13 feet per second, creating a faster and more efficient picking and preparation process. Warehouse robotics have a 45% compound annual growth rate (CAGR) while the global automation market’s CAGR is also constantly growing by 10 to 15%, according to Exotec. “There is a global need…
Found in Robotics News & Content, with a score of 15.92
September 04, 2021
…is not just a matter of deploying some mobile robots. Operations must understand their processes, choose the best people or robots for certain tasks, and deploy the right software to manage multiple systems. The need for efficiency has never been greater, as the COVID-19 pandemic continues and retailers deal with back-to-school sales and the approaching holiday season, according to GXO Logistics. “When we talk about warehouse automation, it's clearly an ecosystem,” explained Sandeep Sakharkar, chief information officer at GXO Logistics. “We've evaluated automation across the board—not just robotic movement and picking devices like robot arms or devices for induction into…
Found in Robotics News & Content, with a score of 15.90
March 31, 2022
…Machinery will take over and lead all North American operations in partnership with the AGVE Group, directing day-to-day North American sales, installation, service, and marketing operations. AGVE is a part of the Murata Machinery Group. Since 1985, the company has deployed more than 4,000 general vehicles and 160 custom-made ones. “Combining our AGV sales and service operations in North America into a single-unified front enables us to offer customers exceptional storage and transport solutions and creates tremendous value for stakeholders,” said Jörgen Lindgren, president of AGVE Group in Sweden. A-Series standard forklift to roller and lift deck vehicles can transport…
Found in Robotics News & Content, with a score of 15.83
April 01, 2016
…the companies monitoring these new competitors is VSP Optics Group, the optics lab arm of VSP Global. With $263 million in revenue in 2014, it is one of the largest manufacturers of lenses for glasses, serving some 30,000 independent optometrists around the country. As VSP took note of a changing market, it began to ask how it could speed up the delivery of a new pair of glasses to its customers, says Joe Maris, the senior vice president of lab operations for VSP Optics Group. The answer was a $37 million investment in an 80,000-square-foot, state-of-the art production lab in…
Found in Robotics News & Content, with a score of 15.83
May 19, 2021
…from interventions. An operator can also remotely operate the robot from a control station, and a single operator can manage 10 or more robots at a time. Source: Third Wave Automation “There's a lot of opportunities in this space,” said Arshan Poursohi, CEO of Third Wave. “Shared autonomy keeps people in the loop. They're still there to teach robots how to do things, like with Phantom Auto.” “However, our autonomous system can learn from our remote control system,” he told Robotics 24/7. “If a robot gets stuck, it can ask for help and learn how to pick up a pallet…
Found in Robotics News & Content, with a score of 15.82
April 25, 2022
…was going to be installing 6 River Systems mobile robots at his facility. He is always open to trying new technologies, and Top Notch had already installed 6 River Systems' Chucks at other distribution centers throughout the U.S. “I like technology and change,” he told Robotics 24/7 during a recent site visit to the facility. “I remember when there was no computers, and we used paper, but I’ve been through a lot of changes, and they all turned out to be extremely good. I always look at them with an open mind.” Autonomous mobile robots, or AMRs, are used in…
Found in Robotics News & Content, with a score of 15.80
May 25, 2022
…4354), whose first product is a patented 1-in. snake-like robot that is able to fit into spaces humans cannot easily access to inspect, map, and then perform any required maintenance. INNOCISE GmbH (Saarbrücken, Germany; Booth 4454), which produces special polymers capable of handling components from several meters to less than 10 microns with the highest precision and maximum efficiency, based on Gecomer Technology. Inspired by the so-called Gecko effect, picking and placing of the component works without external energy and without any residues – by using van der Waals interactions. InOrbit Inc. (Mountain View, Calif.; Booth 4355), the leading provider…
Found in Robotics News & Content, with a score of 15.71
December 22, 2021
…disrupted global supply chains and exacerbated labor shortages, more operations are adopting automation. Rhenus Hong Kong and Geekplus Technology Co. today said they have successfully deployed autonomous mobile robots at a Rhenus warehouse in Asia. “Our goal is to provide the best and most innovative logistics service to achieve faster and more flexible movement of goods, to cater to the rapid growth in e-commerce,” stated Cliff Xu, CEO of Rhenus Air & Ocean Greater China. “By working closely with Geek+, we not only realize warehouse digitalization, but also improve operational efficiency and accuracy, translating to greater cost savings for customers…
Found in Robotics News & Content, with a score of 15.70
June 01, 2021
…to the pandemic, many of us were predicting that robots and automation would have a big impact in the new decade that was coming. All of the numbers were pointing to growth, not only in industries that had a long history of using robotics like the manufacturing sector, but in new industries like logistics, which was starting to make bigger investments in robotics. Then COVID-19 hit, and for a while, there was a break in the action, but that all quickly changed. “The pandemic put the brakes on a lot of stuff early in 2020, but by the end of…
