Found in Robotics News & Content, with a score of 12.44
January 21, 2022
…the future of local farming Strategic and venture investors Toyota Ventures, Flybridge, Hampton VC (founded by Sam Parr and Joe Speiser), E²JDJ, and Momenta contributed to Agtonomy's Seed II round. Existing investors GV (formerly Google Ventures) and Grit Ventures also participated in the new round. “Our commitment to sustainability and the future of autonomy, battery and EV technology makes Agtonomy a perfectly aligned investment for our growing portfolio,” stated Jim Adler, the founding managing director of Toyota Ventures. “We see huge potential in agtech and are making investments accordingly—fully autonomous vehicles will become a reality on farms, where they are…
Found in Robotics News & Content, with a score of 12.36
April 14, 2021
…to leave and kept their parents waiting!” In addition, Toyota Research Institute (TRI) and MIT Lincoln Laboratory participated in MassRobotics' Adopt a School Program at the John D. O'Bryant School of Mathematics and Science in Roxbury, Mass. On two days last week, 14 students used 10 BrainCo resuable robotics kits, which TRI donated to the school. A TRI research scientist joined a MassRobotics instructor and a local high school teacher. “We're not throwing technology at teachers—we're giving them a curriculum, showing them how to use the kits, and helping them learn how to program and operate a prosthetic hand,” said…
Found in Robotics News & Content, with a score of 11.99
August 06, 2021
…“adaptive automation.” Founded in 2018, the company recently partnered Toyota Industries Corp. for human-in-the-loop systems. Third Wave said it is first focusing on the forklift, the workhorse of the $100 billion global supply chain industry. Analysts have predicted that it will experience a 9% compound annual growth rate (CAGR) from 2021 to 2027, with more than 2 million units annually by 2027, said Third Wave. Because of the complex and dynamic tasks required of lift trucks, innovation in the category has lagged, the company said. Third Wave said its offering includes a proprietary mix of adaptive automation, shared autonomy, and…
Found in Robotics News & Content, with a score of 11.36
November 04, 2021
…strategic investor 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…
Found in Robotics News & Content, with a score of 11.25
July 17, 2022
…won the award for its ISS demonstration, development with Toyota Motor Corp. of a robotic arm for the “Lunar Cruiser” manned pressurized rover, and its U.S. expansion. Overview of tasks to be conducted by the dual-arm robot in space. Source: GITAI Collaborators help get robots, people into space GITAI said it is jointly developing its space technologies with Toyota Automobile and received orders from Japan's Ministry of Economy, Trade, and Industry. The company is also actively recruiting staffers for its U.S. office and is working with private companies and U.S. government institutes. “This mission is a key stepping-stone towards commercialization…
Found in Robotics News & Content, with a score of 10.91
February 24, 2017
…presented to Gill Pratt, chief executive officer of the Toyota Research Institute (TRI), and Daniela Rus, professor of electrical engineering and computer science and director of the Computer Science and Artificial Intelligence Laboratory (CSAIL) at the Massachusetts Institute of Technology (MIT). Pratt and Rus will be honored at a special ceremony held in conjunction with the Automate 2017 Exhibition and Conference and the International Symposium on Robotics. The award is named for Joseph F. Engelberger, known throughout the world as the ”father of robotics.” Engelberger was founder and president of Unimation, Inc., the world’s first industrial robot manufacturer. The Engelberger…
Found in Robotics News & Content, with a score of 10.39
February 14, 2022
…to estimate injury risk reduction, the company said. “At Toyota, we have relied heavily on new ergonomic assessment tools to support our teams in identifying processes on our manufacturing lines that would benefit from shoulder exoskeletons being deployed as personal protective equipment,” said Aaron Sparks, safety project engineer at Toyota North America. “As we begin to investigate and deploy back exoskeletons, it’s incredibly exciting—and a major relief—to see similar tools being developed to support with the identification and deployment.” The global market for wearable robotics will grow at a compound annual growth rate (CAGR) of 43.48% from 2018 to 2028,…
Found in Robotics News & Content, with a score of 10.26
March 11, 2020
…installed in more than 50 countries at companies like Toyota, Ford and Raytheon. The MiR250 battery is based on the large-capacity models, featuring 48v architecture (instead of 24v) for longer runtime and double the charging speed. The can add 3 hours of operation in a 24-hour period. To further reduce downtime, batteries can be swapped in 2 minutes. MiR has updated a number of standard components in the MiR250 to give the robot a longer life-time and allow it to operate effectively in industrial environments. “The MiR250 is one of the few logistics automation robots of its size built solidly…
Found in Robotics News & Content, with a score of 10.07
July 16, 2021
…highly accurate order-fulfillment engine such as Bastian Solutions’ Exacta WES was paramount for Crocs,” he added. Bastian Solutions, a Toyota Advanced Logistics company, said it is a trusted supply chain integration partner committed to providing clients a competitive advantage by designing and delivering world-class distribution and production systems.
Found in Robotics News & Content, with a score of 9.82
January 02, 2019
…most telling developments of 2018: Mergers, acquisitions and partnerships Toyota Advanced Logistics acquires Peach State Bluff manufacturing acquires Wesco Industrial Products Honeywell announces acquisition of Transnorm for $492.8 million Columbia Machine announces partnership with OTTO Motors UNEX Manufacturing acquires SpeedCell Orbis acquires Hinkle Manufacturing FedEx partners with Vecna Robotics as part of automation growth strategy Zebra Technologies to acquire Xplore Technologies SencorpWhite and Minerva Associates announce a strategic merger Research and economy IDC FutureScape predictions foretell rapid digital transformation for manufacturers and retailers U.S. warehousing market remains solid, says Armstrong report Deloitte studies distinctive traits of digital frontrunners in manufacturing…
Found in Robotics News & Content, with a score of 9.69
October 21, 2019
…CRAV.ai drew more than 500 attendees, including engineers and decision makers from companies like Google, Apple, Intel, Lockheed Martin, Toyota and many more. The full agenda can be found here: https://crav.ai/agenda. Register at https://crav.ai.
Found in Robotics News & Content, with a score of 9.68
December 20, 2018
…composite pallets. In 2017, the company was acquired by Toyota Advanced Logistics and celebrated a record year of revenues at more than $233 million USD. “Our company has seen tremendous growth and opportunity through the years,” said Bastian II, CEO of Bastian Solutions. “We owe that success to the foundation my father set and the leadership he provided throughout his career. Early on, he could see the potential of this industry, and he had a passion for the company, its people and what our industry could do to improve the lives of others. We will miss his day-to-day presence in…
