Found in Robotics News & Content, with a score of 8.14
…Automation and Robotics, Denso Robotics, Epson Robotics, Kawasaki Robotics, Mitsubishi Electric, Nachi Robotic Systems, Rethink Robotics, TM Robotics and Universal Robots. Further, the industrial robotics market in the heavy industry report states that robotics vendors typically take long lead-times to fulfill small-sized orders, and this deters companies from investing in robotics. Small-sized orders arise from customers that have limited cash flows, and this is a challenge for the market. Another related report is Global Industrial Robotics Market in Electronic and Electrical Industry 2015-2019: Analysts forecast global industrial robotics market in electronic and electrical industry to grow at a CAGR of…
Found in Robotics News & Content, with a score of 7.80
…and other existing investors including Blume Ventures. They join Mitsubishi, Flipkart, and the Project Verte as investors in the company. Ajay Royan, Co-Founder and Managing General Partner of Mithril Capital, will join the GreyOrange board. “As a global investor focused on emerging category leaders, Mithril is proud to partner with the GreyOrange team to advance our shared vision of a universal platform for flexible automation. As online and offline channels converge across a wide range of industries, we are excited to support robotic solutions that thoughtfully bridge the world of bits and the world of atoms, driving better health, safety…
Found in Robotics News & Content, with a score of 7.59
…received strategic investment from IDG Capital and automakers including Renault-Nissan-Mitsubishi (RNM) Alliance and Yutong Group. With its latest $310 million, WeRide said it has raised more than $600 million in the past five months, bringing its valuation to $3.3 billion. This is the second investment on WeRide from Alliance Ventures, the venture capital fund of the RNM Alliance. It took part in WeRide’s Series A funding round in 2018 as the leading strategic investor. Alliance Ventures said its participation in WeRide’s Series C follows Nissan’s strategy to develop Level 4 autonomous driving technology for China. “Nissan has a long history…
Found in Robotics News & Content, with a score of 7.36
…improving their efficiency and effectiveness at the Automate 2022 conference. It will again display its technology with Kawasaki and Mitsubishi Electric Automation at the International Manufacturing Technology Show (IMTS) next week in Chicago.
Found in Robotics News & Content, with a score of 7.31
…CNC machines and general automation parts from FANUC, Siemens, Mitsubishi, ABB, and more than 200 other manufacturers. “I came from an industrial engineering background, starting my career in compressors and pumps at Ingersoll Rand,” Wisniewski told Robotics 24/7. “I worked in the aftermarket side of the business, then in global operations and human augmentation at ABB. I also worked at Caterpillar, and the common thread was the aftermarket side of the business.” T.I.E. asserted that its customization of hardware and software will “make integration faster, easier, and more cost-effective for smaller manufacturers looking to automate.” It said it contributes to…
Found in Robotics News & Content, with a score of 7.31
…manager of the Warehouse & Automation Products Group for Mitsubishi Logisnext Americas, also expects strong growth for automated lift trucks, but many customers will phase them in by using them for select workflows, while using more conventional lift trucks for other tasks. Another steppingstone to use of fully automated trucks is to use semi-automated products such as semi-automated order pickers or turret trucks. A semi-automated vehicle, says Ardito, still has an operator on board, but it also has warehouse navigation and sensing technology to obtain task and location instructions from a warehouse management system and automatically takes the vehicle and…
Found in Robotics News & Content, with a score of 7.24
…and commercial vehicle segments, such as our recent announcements with Isuzu Motors Ltd. and Hino Motors Ltd., and with Mitsubishi Fuso Truck and Bus Corp.,” said Mandali Khalesi, vice president of automated driving strategy and mapping at Woven Planet. “With CARMERA joining the team, we’ll be able to hit the accelerator. CARMERA’s software stack, which is focused on real-time HD map changes and proprietary hardware custom-tailored to crowdsourcing, is an ideal complement to AMP’s mapping efforts.” “In addition, their world-class experts will allow us to bring forward the execution of key strategic milestones and jumpstart operations in the U.S.,” he…
Found in Robotics News & Content, with a score of 7.19
…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’ AMRs will be used in artificial intelligence-powered software-as-a-service information management applications, such as those of Rockwell’s Plex and Fiix businesses. Rockwell said it will deliver a unified solution for manufacturing, enabling autonomous execution…
Found in Robotics News & Content, with a score of 7.12
…support scaled operations. Last year, Phantom Auto partnered with Mitsubishi Logisnext Americas Inc. on remotely operated lift trucks. Phantom Auto funded by partners In addition to the strategic investments and commercial agreements from ArcBest and NFI, Phantom Auto received funding from Bessemer Venture Partners, Maniv Mobility, OurCrowd, Perot Jain, Max Blankfeld, and other previous investors. Phantom said it will use its latest funding to rapidly increase headcount, develop new technologies, and execute on key commitments to top-tier customers. The company said it continues to support multiple verticals including delivery robots, trucks, and more as well as forklifts. “Phantom is aligned…
Found in Robotics News & Content, with a score of 7.05
…has a successfully developed similar innovation programs with strategic partners such as Festo, General Motors, Panasonic, Analog Devices, and Mitsubishi Electric. They have provided provide strategic guidance, brought MassRobotics residents' technologies to their markets, and created practical programming and networking opportunities for residents, partners, and investors. Interested organizations can learn more here about the AWS Robotics Startup Accelerator delivered by MassRobotics program and apply online.
Found in Robotics News & Content, with a score of 6.41
…Chad Munger, product manager for the Houston region at Mitsubishi Logisnext. “The focus for us is on features that will help the operators out, that will make their jobs easier, or more efficient, or even help newer operators perform like experienced operators,” he said. Not only does telematics track impacts, incidents and service issues, but it can also provides for a wealth of data on how the assets are being used, said Munger. “You are tracking travel time, lift time, impacts, operator presence, and key-on time, so it allows you to track a whole range of data that can be…
Found in Robotics News & Content, with a score of 6.19
…of the world's robotic leaders have their roots in Japan—Mitsubishi, FANUC, Kawaski—to name a few. According to Crunchbase, Japanese startup funding from VCs [venture capital firms] is also small compared to other countries, with total funding of around $3.35 billion (364 billion yen) in 2020. This demonstrates a huge potential for VCs to enter the startup ecosystem. Developed countries across the world are also viewing robotics as a solution to rising labor costs, and they are working toward using robotics to capitalize on these opportunities. Rahul Sen Sharma, Indxx With Japan being a robotics powerhouse, its dominance is expected to…