Found in Robotics News & Content, with a score of 2.39
June 28, 2021
…ordinary shares and will not be able to take delivery of ADSs. Upon the proposed listing, the Class A ordinary shares listed on the Hong Kong Stock Exchange will be convertible with the ADSs listed on the NYSE. The global offering initially includes 4,250,000 new Class A ordinary shares under the Hong Kong public offering and 80,750,000 new Class A ordinary shares for the international offering, representing approximately 5% and 95%, respectively, of the total number of offer shares in the global offering, subject to reallocation and over-allotment. Subject to the level of oversubscription in the Hong Kong public offering…
Found in Robotics News & Content, with a score of 3.00
June 24, 2021
…help Pitney Bowes speed up parcel sortation for last-mile delivery providers on behalf of its e-commerce clients while improving operational efficiency, accuracy, and worker safety as parcel volumes continue to surge. “As we continue to scale our global e-commerce business, Pitney Bowes is on an aggressive path to seek out the most innovative technology partners in the world to co-develop new solutions that will improve our service offerings and make ecommerce logistics easier for our clients,” stated Gregg Zegras, executive vice president and president of global e-commerce at Pitney Bowes. “The AmbiSort AI-powered systems that Pitney Bowes has piloted over…
Found in Robotics News & Content, with a score of 3.38
June 22, 2021
…e-commerce giant's efforts to reduce transportation costs by investing in autonomous vehicle technology. Plus has been working with Chinese delivery company SF Holding Co., which uses PlusDrive-enabled trucks that can cover 1,500 km (932 mi.) per day.
Found in Robotics White Papers & Archives, with a score of 5.88
June 22, 2021
…functionality can be proven in a demonstration. Deployment & Delivery: Provides you with the information to ensure that the vendor(s) you are working are equipped to deliver the solution you require and provide the requisite level of professional services and integration to deliver for any future growth potential. Support: Post implementation support is critical to maintain operational continuity. This section covers the level and capability of the vendor relative to its support policies. Safety and Compliance: AMR technologies operate on the floor of the warehouse—in concert with humans and other pieces of equipment. Therefore, safety and adherence to geography-specific certifications/standards…
Found in Robotics News & Content, with a score of 3.48
June 22, 2021
…afford to have a beverage left behind when a delivery driver or customer visits.” The company, which was founded in 2016, also today announced the opening of its Series D fundraising round, which began with a market valuation of $350 million—a $270 million increase since its $80 million Series C open. Brewer answered the following questions from Robotics 24/7 about the food and beverage industry, adding automation, and Miso's vision for the future. Automation in the commercial kitchen QSRs have been on a roller coaster with the pandemic and its aftermath in the U.S.—do you anticipate staffing shortages to continue?…
Found in Robotics White Papers & Archives, with a score of 6.96
June 21, 2021
…challenges. To support more drastic peaks, expectations of faster delivery times and increasing SKUs (stock-keeping units), ecommerce fulfillment operations are now prioritizing flexibility and scalability. However, due to increasing labor shortages, resulting in added temporary labor, the traditional approach to scale is no longer enough. Manual operations are too expensive, low in efficiency and always subject to errors. With the recent pandemic adding the extra need for human distancing, a new approach is needed. AMRs can support supply chains by addressing these challenges, at scale. What are AMRs? Autonomous mobile robots, or AMRs, are mobile devices that can autonomously navigate…
Found in Robotics News & Content, with a score of 24.21
June 18, 2021
…did say that the investment came after successful drone deliveries of COVID-19 self-testing kits. “In our ongoing effort to get customers the items they want, and fast, we know it will take a well-coordinated network of delivery solutions that span the streets, sidewalks, and skies,” wrote John Furner, president and CEO of Walmart U.S., in a blog post. “Some of these solutions are still emerging, but they’re already showing encouraging results.” Virginia Beach, Va.-based DroneUp provides flight services, data analysis, and equipment. It also offers drone program development, regulatory consulting, and training. The company claimed it has a database of…
Found in Robotics News & Content, with a score of 6.53
June 17, 2021
…and scale, we extended our community responsibility from contactless delivery services throughout the pandemic in California last year to fight against the new COVID-19 outbreak in Guangzhou.” Founded in 2016, Pony.ai said it is a pioneer in self-driving cars, piloting robotic taxicab services in five cities in both the U.S. and China. The Fremont-based company is currently valued at $5.3 billion, and it has collaborated with automotive OEMs including Toyota, Hyundai, and GAC Group. It recently partnered with Luminar Technologies Inc. to integrate Luminar's low-profile sensors into its fleets. Pony.ai readies fully driverless vehicles Pony.ai noted that its driverless robotaxi…
Found in Robotics News & Content, with a score of 2.27
June 17, 2021
…expectations,” she told Robotics 24/7. “People now expect same-day delivery, and micro-fulfillment centers can help operators maximize real estate.” “The third trend is a shortage of labor, especially in the U.S., Israel, Europe, and Australia,” Yanovsky said. “Warehouse workers walk 10 miles per day and lift heavy boxes. Those [tasks] are better for robots to do, and we want to put people in other tasks.” “All of these trends brought customers to understand that they need robotics, but it's not easy,” she said. “Automation will impact their business format; it's not just realizing what they will or will not implement.…
Found in Robotics Companies & Businesses, with a score of 16.63
June 16, 2021
Waymo began in 2009 as the Google self-driving car project. The company's Waymo Driver uses multiple sensors and machine learning to enable fully autonomous cars and trucks with the goal of improving transportation safety and efficiency. It is testing Waymo One driverless ride-hailing service in several cities, while the Waymo Via business unit has partnered to develop autonomous trucks for cross-country freight and local deliveries.
Found in Robotics News & Content, with a score of 3.19
June 16, 2021
…mobility access for underserved communities. Through its Waymo Via delivery business unit, the company is working with providers such as J.B. Hunt to move freight cross-country with autonomous trucks. Waymo Via is also working with clients including UPS and AutoNation. Race for self-driving funding Waymo reportedly raised more than $2.3 billion in March of last year, with a private equity round adding $750 million in May 2020. Alphabet (the parent company of Waymo and Google), Andreessen Horowitz, AutoNation, Canada Pension Plan Investment Board, Fidelity Management & Research Company, Magna International, Mubadala Investment Company, Perry Creek Capital, and Silver Lake participated…
Found in Robotics News & Content, with a score of 2.45
June 15, 2021
…industries including aerospace, defense, construction, agriculture, logistics, inventory management, delivery, and healthcare. NVIDIA said it enables applications such as worker and site safety, site access and monitoring, and inspection in hazardous and harsh environments. In the oil and gas industry, the Jetson AGX Xavier Industrial can streamline anomaly and failure predictions at the edge by providing real-time insights based on monitoring or inspection of pipelines, valves, equipment, and maintenance work, according to NVIDIA. The extended reliability of the module allows it to be used in safety, predictive maintenance, and compliance and where equipment is always on in changing environmental conditions.…
