Found in Robotics News & Content, with a score of 10.79
March 29, 2021
…pick rates, said the company, which was acquired by Hyundai Motor Group in December 2020. “Warehouses are struggling to meet rapidly increasing demand as the world relies more on just-in-time delivery of goods,” said Robert Playter, CEO of Boston Dynamics. “Mobile robots enable the flexible movement of materials and improve working conditions for employees. Stretch combines Boston Dynamics’ advancements in mobility, perception and manipulation to tackle the most challenging, injury-prone case-handling tasks, and we’re excited to see it put to work.” Boston Dynamics is currently seeking customers to pilot test deployment of Stretch with truck-unloading tasks ahead of its commercial…
Found in Robotics News & Content, with a score of 26.74
February 18, 2021
…R&D team would take a novel approach to design. Hyundai Motor Group’s New Horizons Studio, established in late 2020 to draw on research from Silicon Valley and other innovation hubs to create a new class of intelligent mobility vehicles, is doing just that with its latest concept models. The studio is leveraging an on-going partnership with Autodesk to wield advanced technologies like generative design (GD) software and additive manufacturing (AM) to deliver TIGER (Transforming Intelligent Ground Excursion Robot), a concept vehicle announced earlier this month. As a follow-on to Elevate, its first UMV concept with moveable legs, the TIGER X-1…
Found in Robotics News & Content, with a score of 5.26
February 15, 2021
…Suh, VP and founding director of New Horizons Studio, Hyundai Motor Company, thinks cars should have not only wheels but also legs—that is, if it’s intended for search and rescue. The studio he runs launched in September 2020 with the goal “to create the world’s first transformer-class vehicle, also known as the Ultimate Mobility Vehicle,” he says. He recently presented his concept car at Autodesk University (AU) Virtual 2020, an online version of the annual Autodesk user conference. The futuristic off-road vehicle he and his team came up with is called Elevate. “It can overcome obstacles, cross gaps and go…
Found in Robotics News & Content, with a score of 28.34
February 03, 2021
…agency, has announced a statewide program in collaboration with Hyundai Power Transformers (HPT), the division of Hyundai Electric Systems that specializes in the manufacture of power transformers used in electrical grids across the U.S. Built in collaboration with immersive learning startup TRANSFR, the partnership is making job training in one of Alabama’s fastest-growing industries accessible to thousands of unemployed workers and aspiring manufacturing professionals across the state, organizations report. “This is an application of VR technology that extends well beyond what many of us are familiar with from gaming or consumer apps. It's about harnessing the potential of immersive learning…
Found in Robotics News & Content, with a score of 36.62
January 22, 2021
Making mobility innovation a key focus Hyundai aims to transform itself into a smart mobility solutions provider. In line with that, Hyundai Motor Group’s New Horizons Studio is developing products for future customers who have a need for travel in remote and off-road terrain, including places where vehicles have never roamed before. The team aims to build the world’s first transformer-class vehicle, also known as the Ultimate Mobility Vehicle (UMV). A few years ago, Hyundai asked the question, “What if cars could walk?” That bold question has now been answered with the development of an entirely new vehicle idea. It’s…
Found in Robotics News & Content, with a score of 36.34
December 11, 2020
Hyundai Motor Group and SoftBank Group today agreed on the main terms of a transaction pursuant to which Hyundai Motor Group will acquire a controlling interest in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Financial terms were not disclosed. Under the agreement, Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20% stake in Boston Dynamics after…
Found in Robotics News & Content, with a score of 40.23
September 24, 2020
Rescale Inc., in cooperation with Hyundai Motor Group, are building a multi-cloud high performance computing (HPC) environment for innovating in the smart mobility industry, the companies report. This new agile environment will allow researchers to expand capacity via the cloud. “Close collaboration between IT and the field is essential for Hyundai Motor’s digital transformation strategy,” says JungSik Suh, senior vice president and head of ICT Division of Hyundai Motor Group. “We are pleased that the Rescale cloud platform will be the venue for this collaboration, and expect it to increase research efficiency by moving away from the physical limitations of…
Found in Robotics News & Content, with a score of 8.35
August 21, 2018
…activity, home to established plants from Mercedes-Benz, Honda and Hyundai and a new Mazda Toyota plant that will need 4,000 employees when it is operating at full speed. In the northeastern part of the state, there’s distribution, with large Walmart, Target and Children’s Place distribution centers. All of these facilities will need trained maintenance technicians. “The No. 1 issue before people locate here is: Where are my employees going to come from,” says Kracke. It’s not just a concern for today. “Our auto manufacturers view this as a 50-year lifecycle and they want to know they’re going to have employees…
Found in Robotics Companies & Businesses, with a score of 27.88
March 02, 2016
…automation in unstructured or hard-to-traverse spaces, from manufacturing plants and construction sites to distribution centers and warehouses. In 2021, Hyundai Motor Group acquired a majority interest in Boston Dynamics and now holds 80% of the company, which operates as an independent business. SoftBank holds the remaining 20% through a subsidiary.
