Found in Robotics News & Content, with a score of 0.48
November 10, 2022
…might fail,” he said. “Home delivery robots like those of Starship have been making steady, incremental innovation.” Since the COVID-19 pandemic, people have used their imaginations to shorten supply chains and are looking for automated solutions to localize manufacturing, said Keen. “The pressure to reduce cost and the difficulty of hiring people anywhere is a double stimulus for robotics,” he said.
Found in Robotics News & Content, with a score of 0.44
November 05, 2022
…industry was struggling to adapt to a fast-changing market. COVID-19 merely multiplied the chaos. Current disruption is in large part driven by runaway growth in package delivery. According to FedEx, the U.S. domestic package delivery market is likely to hit 110 million packages per day in 2022. Pre-pandemic they did not expect to exceed 100 million daily packages until 2026. A huge amount of this growth is driven by e-commerce; data from Statista shows that U.S. e-commerce retail revenue will grow from $768 billion in 2021 to $1.3 trillion in 2025. Mobile robots are one way for logistics companies to…
Found in Robotics News & Content, with a score of 0.29
November 04, 2022
…How has the growth of omnichannel retail since the COVID-19 pandemic affected demand for Avidbots' robots? Molina: There has been growth in demand for our products. People saw robots being able to help in difficult times, and trust in robotics has improved. CEOs from large incumbent cleaning companies expect 20% to 30% of sales in cleaning equipment to be fully autonomous by 2025. We're executing in engineering and sales. With labor shortages and capital concerns, how do you address industry needs? Molina: For all automation, including cleaning robots, we shouldn't forget there's an ROI [return on investment] play. The other…
Found in Robotics News & Content, with a score of 0.79
November 03, 2022
From the growth of e-commerce during the COVID-19 pandemic to persistent labor shortages, there have been plenty of reasons for supply chains to adopt mobile robots. However, understanding the need to automate and getting a return on one's investment are two different things, noted GreyOrange's CEO. The key is whether robots are adding value as part of a holistic approach, noted Samay Kohli, co-founder and CEO of GreyOrange Inc. The Roswell, Ga.-based company provides automation for warehouses, distribution centers, and fulfillment facilities. Kohli recently spoke with Robotics 24/7 about how robots such as GreyOrange's Certified Ranger Robots (CRN) and software…
Found in Robotics News & Content, with a score of 0.60
November 03, 2022
…contract logistics/supply chain management Europe at DB Schenker. “With COVID-19 driving more consumers online, we are well-placed to increase and improve the service offering for our rapidly growing consumer base.” With around 76,100 employees at more than 1,850 locations in over 130 countries, DB Schenker said it is one of the world's leading logistics providers. The Essen, Germany-based company operates land, air, and ocean transportation services, and it offers unified systems for logistics and global supply chain management. In 2022, DB Schenker is celebrating its 150th anniversary. It said it is investing in innovative transport solutions, renewable energy, and carbon-neutral…
Found in Robotics News & Content, with a score of 0.50
October 31, 2022
…a strongly growing demand since the start of the Covid-19 pandemic, the IFR reported. Other professional cleaning helpers are, for instance, professional window, pool- and solar panel cleaning robots. Robotics plays an important part in the digitalization of agriculture with more than 8,000 units sold in 2021, an increase of 6% from 2020. Robots are well established in cow milking, assisted by robotic barn cleaners and feeding robots, it said. Robots for the cultivation of crops are still in their early days. Service robots for consumer use “Service robots for consumers are mainly used in domestic environments: They help with…
Found in Robotics News & Content, with a score of 0.42
October 30, 2022
…up production, hire staffers, and expand globally. “As the COVID-19 pandemic made evident, supply chain resiliency is paramount,” stated Peter Anderson-Sprecher, co-founder and CEO of Fox Robotics. “We have the ability to deploy our solutions to customers and have them up and running in less than one hour, which has been key to our success, as it lets us work closely with our customer-partners and rapidly learn in a live production environment.” Founded in 2018, Fox Robotics develops, sells, and manufactures an autonomous forklift trailer unloader that it claimed is the world's first. The Austin, Texas-based company said it can…
Found in Robotics News & Content, with a score of 0.63
October 28, 2022
Not only has COVID-19 changed patient expectations, but it has also affected surgical robotics development. Galen Robotics Inc. today announced that it has completed the first close for an “oversubscribed” $15 million Series A round. The company said it plans to use the funding to complete its final robot prototype and submit it to the U.S. Food and Drug Administration. Galen Robotics said its microsurgery platform will aid physicians during minimally invasive procedures with little disturbance to current surgical workflows. The company designed its collaborative surgical robot to aid in delicate or intricate procedures by providing surgeons relief from tremors…
Found in Robotics News & Content, with a score of 0.42
October 24, 2022
…from a forklift, reducing the rise in accidents since COVID-19,” he explained. “Unlike autonomous lift trucks, which are islands of autonomy, we can take dumb forklifts, add sensors to look to the sky, and add some emergency stop features.” While most AMRs include safety measures such as lidar and bumpers, MAESTRO can send an alert in real time, improving efficiency. “No. 3 is controlling dumb forklifts with both video and communications,” Poliakine said. Other AMRs have to rely on APIs between legacy factory systems and fleet managers, but MAESTRO can processes a QR code tag on a pallet and generates…
Found in Robotics News & Content, with a score of 0.36
October 13, 2022
…offers hygienic options that experienced growing demand during the COVID-19 pandemic, said the IFR. Source: IFR Global outlook remains strong Rising energy prices, intermediate product prices, and scarcity of electronic components are challenging all branches of the global economy, acknowledged the International Federation of Robotics. But order books are full, and demand for industrial robots has never been higher, it said. In total, global robot installations are expected to grow by 10% to almost 570,000 units in 2022. The post-pandemic boom experienced in 2021 is expected to fade in 2022. From 2022 to 2025, the IFR forecast average annual growth…
Found in Robotics News & Content, with a score of 0.67
October 10, 2022
…Markets. It said growing demand for automation since the COVID-19 pandemic and a high return on investment (ROI) are encouraging cobot adoption, while low payload capacity and speed limitations restrain that market. Similarly, ReportLinker forecast a CAGR of 40.1% to $10.8 billion by 2028. Founded in 2005, Odense, Denmark-based Universal Robots is the market leader in cobot arms. The company's product line includes a range of reaches and payloads, supported by end effectors, software, accessories, and application kits in the UR+ ecosystem. Universal Robots, which is owned by Boston-based Teradyne Inc., said it has installed more than 50,000 robots worldwide…
Found in Robotics News & Content, with a score of 0.80
October 06, 2022
Supply chain challenges, the COVID-19 pandemic, and competitive market pressures have led several robotics companies to re-examine their finances, even if they are profitable. Supply chain automation provider Berkshire Grey Inc. yesterday announced tht it has entered into a purchase and registration rights agreement for up to $75 million with Lincoln Park Capital Fund LLC. “We are pleased to enter into this agreement with Lincoln Park and expect to use the proceeds, as available, for general corporate purposes, which may include investments and strategic transactions,” said Tom Wagner, CEO of Berkshire Grey. “This transaction provides us with additional financial flexibility…
