Found in Robotics News & Content, with a score of 11.46
…by Google X (now part of Alphabet Inc.) and SoftBank Robotics. Already well-known for videos of its Atlas humanoid robots, Boston Dynamics has focused on commercial applications of its robots since the Hyundai acquisition. The Spot quadruped has been used for security and infrastructure inspection, and the company has developed the Stretch mobile manipulator to unload truck trailers and shipping containers. In 2021, Hyundai deployed Spot robots for safety inspections at a factory in Gwangmyeong, South Korea. DHL Supply Chain deployed Stretch in February 2023. In June, Boston Dynamics announced new capabilities for Spot and a partnership with artificial intelligence…
Found in Robotics News & Content, with a score of 10.84
…needed to create safer, and higher-paying jobs for American workers.” “The Future of High-Tech Industries alongside other companies including Softbank Group International, GymPass and A-to-Be,” Atiya said.“In addition to talking about automation and robotics and the growing move to bring production closer to home, Atiya also noted that the business-friendly environment and level of entrepreneurship in the United States fuels ABB’s own innovation and growth there.
Found in Robotics News & Content, with a score of 10.58
…integrated the LIO sensors into the fingertips of a SoftBank Pepper humanoid robot. Sensors on the fingers of each hand can be positioned on a patient's chest to take electrocardiogram (ECG) and photoplethysmogram (PPG) readings. Blood pressure is monitored and estimated by combining the sensor data from each hand. Using predetermined algorithms, the signals from the paired sensors can generate a patient's systolic and diastolic blood pressure without using the traditional cuff-based digital sphygmomanometer. Kim's earlier work involved programming sensing robots to measure other human physiological signals, such as temperature, respiration rate, and those from an ECG, which monitors heart…
Found in Robotics News & Content, with a score of 10.55
…of Aldebaran, to distribute the NAO and Pepper humanoids. SoftBank Group previously owned Aldebaran. RobotLAB said it has deployed nearly 7,000 NAO educational robots and 600 Pepper service robots since 2009. The company has integrated NAO into K-12 schools and universities across the U.S. It is also deploying more than 150 STEM (science, technology, engineering, and mathematics) carts, which include NAO robots, to every public school in American Samoa. The company also developed the exclusive NAO AI-Edition, which uses chatbots and other tools to make AI accessible through robots. RobotLAB also signed its second franchise deal in North Carolina with…
Found in Robotics News & Content, with a score of 10.51
…systems (ASRS) installed in over 30 countries. In April, SoftBank Group Corp. acquired a 40% stake in AutoStore for $2.8 billion. AutoStore Bins are stacked vertically in a grid and retrieved by robots that travel on the top layer of the system, allowing the grid to be placed around columns and on mezzanines and multiple levels. This design allows bins of products to be stacked on top of one another, increasing storage capacity up to four times in the same footprint and performance up to 10 times without added workers, said the company. GEODIS added that it will also use…
Found in Robotics News & Content, with a score of 10.51
…Hyundai Motor Group acquired the Waltham, Mass.-based company from SoftBank Group Corp. last year. Stretch is a “flexible, easily integrated solution that can work in any warehouse to increase the flow of goods and improve associate safety by taking over physically demanding tasks,” claimed Boston Dynamics. The mobile manipulator has a compact, omni-directional base and a custom-designed lightweight arm, as well as a suction gripper with sensing and controls to handle a variety of box types and sizes. Stretch also includes Boston Dynamics’ computer vision technology, which enables it to identify boxes without any pre-programming. The robot can autonomously work…
Found in Robotics News & Content, with a score of 9.90
…advantage of a mix of automated and manual procedures. SoftBank's humanoid robots Pepper and NAO attracted and served consumers in commercial facilities with voice communication technology. Many educational institutions also embraced them as teaching tools. SoftBank sold those service robots to United Robotics Group last year. Servi and Keenbot are delivery and transportation robots that assist the food and beverage industry by cutting labor costs or improving service quality. Whiz I, Scrubber 50, and RS26 are used in autonomous cleaning applications and to overcome labor shortages. Samsung Electronics recently invested 59 billion won ($45.2 million) in Rainbow Robotics, a regional…
Found in Robotics News & Content, with a score of 9.81
…special-purpose acquisition company (SPAC) SVF Investment Corp. 3, a SoftBank unit, and plans to be publicly listed on Nasdaq. It filed an S-4 registration statement, a final proxy statement, and an SVF prospectus with the U.S. Securities and Exchange Commission (SEC) on May 9. Walmart to accelerate materials handling with robots Each week, approximately 220 million customers and members visit approximately 10,500 Walmart stores and clubs under 48 banners in 24 countries and e-commerce websites, said the retailer. With fiscal year 2021 revenue of $559 billion, Walmart employs 2.2 million associates worldwide. Symbotic said its automation plays a strategic role…
Found in Robotics News & Content, with a score of 9.78
…shareholder of AutoStore after selling a 40% stake to SoftBank in April. “THL remains focused on investing behind automation leaders, as underscored by the closing of our Automation Fund in 2020, and working with management to accelerate growth, said Jim Carlisle, managing director and head of THL’s Automation Fund. “We welcome Brooks Automation into our family of dynamic and innovative automation solution providers, and we look forward to partnering with the talented team at Brooks Automation to unlock new growth opportunities.” “We are proud of the highly innovative automation business we have built and are confident it will reach new…
Found in Robotics News & Content, with a score of 8.88
…May 2022 FRED Automation Barcoding Jan. 2023 Berkshire Grey SoftBank Group March 2023 6 River Systems Ocado Group May 2023 Magazino Jungheinrich Aug. 2023 In March, Fast Company named OTTO Motors as one of the Most Innovative Companies for 2023. In May, Mitsubishi Electric Corp. invested an unspecified amount in Clearpath. Partners build advanced materials handling portfolio The companies said the combination of Rockwell’s partnerships in fixed robotic arms, systems such as Independent Cart Technology, and leadership in PLCs with OTTO Motors’ AMR capabilities will create a portfolio of advanced material handling offerings. Data from Rockwell’s offerings and OTTO Motors’…
Found in Robotics News & Content, with a score of 8.86
…scrubbers in U.S. retail stores and commercial buildings. With Softbank’s deployment of mobile cleaners for offices being rolled out in Asia and the United States, cleaning robots will become a common sight within the service economy. Even more esoteric form factors, like quadrupeds, are expected to increase significantly for data collection purposes, particularly for real estate, construction, and industrial inspection. ABI Research predicts that quadrupeds, exemplified by vendors like Boston Dynamics, Zoa Robotics, ANYbotics, and Ghost Robotics, will increase to 29,000 yearly shipments by 2030. “As mature sectors of the robotics industry achieve growth more in line with established technology…
Found in Robotics News & Content, with a score of 8.72
…Master Fund Ltd., SB Management Limited (a subsidiary of SoftBank Group Corp and manager to SB Northstar LP), Fidelity Management & Research Company LLC, and Alyeska Investment Group, have committed to invest $205 million in the form of a private investment in public equity (PIPE) at a price of $10 per share of SCVX, immediately prior to the closing of the transaction. XN, SCVX’s sponsor, and certain other SCVX stockholders will be restricted from transferring or selling their shares until 180 days after the closing of the merger, subject to the satisfaction of certain equity performance thresholds, or one year…