Found in Robotics News & Content, with a score of 16.77
…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+ 11/4/2021 TuSimple San Diego…
Found in Robotics News & Content, with a score of 11.57
…$500 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…
Found in Robotics News & Content, with a score of 11.21
…Mercedes-Benz, Jaguar-Land Rover, and Cariad, a technology subsidiary of Volkswagen Group. The project also includes four technology vendors: Unikie, Bosch, Valeo, and Continental/Kopernikus. Unikie said it is working with multiple OEMs to validate its technology, and it expects the first production installations during 2022.
Found in Robotics News & Content, with a score of 12.21
…Private Equity (CPE) Funds Management. Other investors included Baidu, Bosch, Huatai International Private Equity Fund, and ON Semiconductor. Baidu and Xiaomi are working with partners on electric vehicles, and Meituan is developing robots for indoor and outdoor deliveries. In addition, existing investors Lightspeed China Partners, Lightspeed Venture Partners, and Qiming Venture partners joined the latest round. “As the core sensor of autonomous driving, lidar directly affects the development speed and level of the autonomous driving industry,” said Huang Liming, partner and head of software and hardware technology at Hillhouse Ventures. “With deep technical accumulation and years of deep cultivation, the…
Found in Robotics News & Content, with a score of 28.38
…to invest in automation for value-added activities, MegaRobo said. Bosch expects more collaboration opportunities Sinovation Ventures and Robert Bosch Venture Capital (RBVC) led MegaRobo's Series B round, with participation from Liando Investment and Joy Capital. RBVC is the investment arm of the Bosh Group. Sinovation Ventures was founded in 2009 by Kai-Fu Lee, who developed a continuous speech-recognition system for his doctoral thesis at Carnegie Mellon University and who later led Microsoft Research Asia and Google China. “MegaRobo's technology increases efficiency in production automation,” stated Dr. Ingo Ramesohl, managing director at RBVC. “Already today, robots from MegaRobo are used for…
Found in Robotics News & Content, with a score of 4.66
…One more differentiator is the integration of a state-of-the-art Bosch computer-numerically controlled motion-control system, designed to deliver maximum responsiveness and accuracy along with closed-loop controls. Untethered from the volume constraints of a traditional build plate, large-scale AM gives engineers the freedom to orient parts in a way that makes the most sense, whether it’s to deliver specific strength properties, to ensure finer details are captured or simply for economies of scale to output multiple parts in a single build. “Volume production is perfect for large-format AM, large part production is perfect for large-format AM, and the flexibility to put the…
Found in Robotics News & Content, with a score of 24.36
…Randy Altschuler. “Many of our customers, like BMW and Bosch, have a global presence and we can serve more of their needs with a global network. Our AI-driven algorithms and intelligent sourcing platform give us a competitive advantage as we expand across new geographies and manufacturing technologies.” “We are thrilled to join the Xometry team,” says Albert Belousov, Shift co-founder and managing director of Xometry Europe. “Our customers and suppliers will benefit from us joining forces with Xometry.” Dmitry Kafidov, Shift co-founder and managing director of Xometry Europe, agreed: “We're eager to leverage Xometry's technology to continue to scale our…
Found in Robotics News & Content, with a score of 29.15
…floor destination, the Robotics Zone, and participating sponsors included Bosch, Chicago Electric with Yaskawa, Fanuc America, ProMach with ABB and Universal Robots. The filled bags were donated to Blessings in a Backpack programs in Las Vegas, Chicago and Reston, Virginia, to feed school-aged children over the weekends. Benefitting schools included: Las Vegas ● Democracy Prep ● Jacob Manch Elementary Chicago ● St. Vincent de Paul Center Reston, Virginia ● Lake Anne Elementary ● Langston Hughes Elementary ● Sully Elementary “PMMI had the brilliant idea of having robots pack bags of food for the kids we serve at this year’s Pack…
Found in Robotics News & Content, with a score of 11.39
…players in the market are Universal Robots A/S, AUBO Robotics, Denso Wave Incorporated, Fanuc Corporation, Stäubli International AG, Robert Bosch GmbH, KUKA AG, Precise Automation, Inc., ABB Group, Yaskawa Electric Corporation and K2 Kinetics among others. The global collaborative robots market is significantly dominated by some players holding prominent shares of the market. These players are indulging into strategic alliances, collaborations, mergers and acquisitions. For instance, ABB Group announced a collaboration with Kawasaki Heavy Industries Ltd. to share knowledge and are working on joint technical and awareness opportunities.
Found in Robotics News & Content, with a score of 4.02
…that generate code that is then pushed to the edge,” says Marcellino Gemelli, director of global business development at Bosch Sensortec. Perspectives and Prospects All of these hardware and software challenges make smart sensor development a daunting task. Even with today’s tools, designers can feel hamstrung. Perhaps the greatest challenge for the designer, however, is achieving the right state of mind. “In many cases, the challenge is how developers think about the problem when faced with an underlying platform that gives them this many degrees of freedom,” says GE’s Markham. “Developers are going to need to expand their thinking.
Found in Robotics News & Content, with a score of 9.00
…its lead from 2017 through 2022. Key players include Bosch, GE, Hitachi, Honeywell and Rockwell Automation. Increasing Product Availability The underlying architecture of a preventive maintenance model is fairly uniform. The analytics usually reside on a host of IT platforms, but these layers are systematically described as: data acquisition; data transformation—conversion of raw data for machine learning models; condition monitoring—alerts based on asset operating limits; asset health evaluation—generating diagnostic records based on trend analysis if asset health has already started declining; prognostics—generating predictions of failure through machine learning models, and estimating remaining life; decision support—recommendations of best actions; and human…
Found in Robotics News & Content, with a score of 8.11
…and materials science. Founding members include ArcelorMittal, Autodesk, 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…