Found in Robotics News & Content, with a score of 10.28
…patent portfolio from its team of scientists. The Beersheba, Israel-based company said its “battery-free” system provides constant power flow to mobile robots. This eliminates charging dowtime and reduces both upfront costs and the total cost of ownership for warehouses and factories, it claimed. “The charging systems on the market today have built-in limitations and inefficiencies,” said Prof. Mor M. Peretz, co-founder and CEO of CaPow. “To charge a robot, it needs to stop working, costing an operation time and impacting its workforce, and this has made achieving the full potential of mobile robots impossible.” “There were no surprises from physics…
Found in Robotics News & Content, with a score of 10.25
…of floor-to-ceiling picking, replenishment, and putaway. The Mishmar HaNegev, Israel-based startup claimed that its system can adapt to customers' current operations, from distribution centers and warehouses to delivery trucks. BionicHIVE applies AI for agile automation “Warehouses are rarely static environments with the uniformity and predictability necessary for traditional solutions,” said BionicHIVE. The company added that its robotic fleet combines flexibility with safety and efficiency to solve operational challenges in warehouses. SqUID works with a facility's existing shelving, racks, and boxes, according to the company. The robot can climb shelves as well as move on the warehouse floor to deliver boxes.…
Found in Robotics News & Content, with a score of 10.24
…and fabless companies. The company operates manufacturing facilities in Israel, Italy, the U.S., and Japan through TPSCo. Tower Semiconductor builds on USC research Researchers from the Ming Hsieh Department of Electrical and Computer Engineering at the USC Viterbi School of Engineering, led by SungWon Chung, designed the new IC technology. Manufacture of the ICs used Tower Semiconductor’s open foundry Silicon Photonics platform. The PH18 Silicon Photonics platform offers optical components including ultra-high bandwidth modulators and photodetectors, serving demand in data center and infrastructure optical communication markets. This platform also offers high-performance elements necessary for high-precision lidar applications, such as low-loss…
Found in Robotics News & Content, with a score of 10.21
…for customers. The unit recently partnered with Tel Aviv, Israel-based Foretellix Ltd. to address large-scale verification of autonomous vehicles on highways and confined areas such as mines. Volvo also last month opened a new testing facility in Sweden. Autonomy experts Chris Urmson, Drew Bagnell, and Sterling Anderson founded Aurora in 2017 to develop self-driving technology. The Mountain View, Calif.-based company said it is working with manufacturing, mobility, logistics, and fleet management partners including Hyundai and Uber. Its goal is to accelerate the adoption of driverless vehicles to safely move goods and people. The Aurora Drive includes hardware and software, and…
Found in Robotics News & Content, with a score of 10.17
…traded special-purpose acquisition company or SPAC. The Tel Aviv, Israel-based company has developed 4D imaging radar chipsets for driver-assist systems and self-driving vehicles. It expects to begin trading its ordinary shares and warrants on Nasdaq tomorrow under the ticker symbols “ARBE” and “ARBEW,” respectively. “Becoming a publicly traded company extends our first-mover advantage and market-leading position as we continue to spearhead a radar revolution,” stated Kobi Marenko, CEO of Arbe. “We continue to see strong customer uptake in our chipset as they recognize the superior capabilities of our products and significant cost advantages, and we expect that momentum to carry…
Found in Robotics News & Content, with a score of 10.13
…advanced cognitive AI capabilities in ElliQ. The Tel Aviv, Israel-based company said it has designed the robot to empower older adults to have active and connected lives at home, while alleviating the effects of loneliness and social isolation. Intuition Robotics said ElliQ has demonstrated its value as a proactive care companion that serves as a sidekick for healthier, happier aging. The system has spent more than 100,000 days in the homes of older adults, it said. Last month, Intuition Robotics announced that it would provide hundreds of devices to the New York State Office for the Aging to support social…
Found in Robotics News & Content, with a score of 10.13
…$15 million Series B financing round. The Tel Aviv, Israel-based company said it plans to use the funds to further scale its industry presence and to make its system the new standard for the U.S. construction industry. “SiteAware’s DCV error-prevention technology is disrupting the construction industry by dramatically accelerating schedules and streamlining work processes for all parties,” said Zeev Braude, CEO of SiteAware. “In the next few years, everyone from contractors to developers will be using DCV to build without rework. DCV gives the construction ecosystem access to data they’ve never had before, data that holds the key to the…
Found in Robotics News & Content, with a score of 10.11
…companies with leading market positions, high growth, and high value-add. SVB Securities served as exclusive financial advisor and Ruberto, Israel & Weiner P.C. served as legal advisor to Innovative on this transaction. Harris Williams LLC served as financial advisor and Kirkland & Ellis LLP served as legal advisor to Arsenal and Eckhart.
Found in Robotics News & Content, with a score of 10.01
…a drone delivery company based out of Tel Aviv, Israel, today announced the launch of its drone delivery service in Granbury, Texas, just outside of Dallas-Fort Worth. As part of the Texas launch, the company will expand its partnership with Brinker International and two virtual brands – It’s Just Wings and Maggiano’s Italian Classics, delivering food orders via drone to front and backyards of local residents, with a flight time of just five minutes. The service will operate in cooperation with longtime partner Causey Aviation Unmanned under a newly granted Federal Aviation Administration (FAA) waiver allowing a delivery radius of…
Found in Robotics News & Content, with a score of 9.98
…its $25 million (U.S.) Series B round. The Tel-Aviv, Israel-based company said it plans to use the funding to continue its growth and entry into the automotive, micromobility, and robotics markets. It also said its partnership with FIT on go-to-market strategies will advance their shared goal of capturing new and emerging markets for wireless power. “This investment by FIT and Hudson Sustainable Group will allow Powermat Technologies to capitalize on the huge demand for wireless power solutions, to better solve customers' future product challenges, and to lead the evolutionary cycle of wireless power technology in the autonomous and IoT sectors,”…
Found in Robotics News & Content, with a score of 9.85
…developed for multiple markets, including logistics, public safety, inspection and security. The U.S. Department of Defense Special Forces and Israel's Ministry of Defense tier-1 units have also chosen XTEND for multiple multi-million-dollar programs to develop and deliver its systems for operational evaluation. “We believe that the companies bringing the value of AI to massive and complex industries, such as robotics and drone operations, will be the tech giants of the 21st century,” said Eyal Agmoni, founder and chairman of Chartered Group. “Having observed XTEND's remarkable achievements thus far, we truly believe in the company's potential to become the world leader…
Found in Robotics News & Content, with a score of 9.79
…of a proof-of-concept next-generation exoskeleton. As part of the Israel Innovation Authority’s MAGNET incentive program, the Human Robot Interaction Consortium, the company has reached a milestone by integrating advanced sensing technologies and artificial intelligence (AI) to enable autonomous decision making in its latest exoskeleton prototype. “We have successfully demonstrated that by combining advanced sensor technology and artificial intelligence, the ReWalk Exoskeleton can detect and react to changes in terrain, leading to a potentially new generation of smart exoskeletons,” said David Hexner, vice president of Research & Development at ReWalk. “We continue to advance our design objectives for the next generation…