Robotics & Automation News

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YuMi NASDAQ 6-12-17

ABB’s YuMi collaborative robot rings opening bell at Nasdaq stock market

Collaborative robot YuMi was the – arguably oblivious – guest of Robo Global, creator of the world’s first robotics and automaton investor index series

ABB’s YuMi dual-arm, collaborative robot rang the opening bell today at the Nasdaq MarketSite Studio in Times Square in New York City to start the trading day.

YuMi was a guest of Robo Global, which offers The Robo Global Robotics and Automation Index Series, the world’s first benchmark index series to track the global robotics and automation market.

Greg Scheu, president of the Americas region for ABB, joined YuMi and Robo Global executives at the podium for the ceremony. 

YuMi joins a diverse and prestigious group of 2017 opening bell ringers that includes:

  • recent Indianapolis 500 winner Takuma Sato;
  • NHL Commissioner Gary Bettman; and
  • representatives from Amazon, Cisco Systems and the Make-A-Wish Foundation.

“ABB is honored to have YuMi join with Robo Global to ring the Nasdaq opening bell,” said Scheu. “Increasingly, robotics is playing an essential role in improving industrial productivity, and the presence of YuMi represents the emergence of collaborative robots in the automation sector.”

YuMi was introduced in April 2015, heralding a new era of robotic coworkers that are able to work collaboratively on the same tasks with humans while still ensuring the safety of those around it.

Though it was specifically designed to meet the flexible and agile production needs of the consumer electronics industry, it has equal application in any small parts assembly and material handling environment.

“Robotics, automation and artificial intelligence are driving change in the global economy, and ABB’s YuMi is emblematic of the innovation occurring to drive productivity,” says Travis Briggs, US CEO of Robo Global.

“Four years ago we recognized the need to measure and capture this growth and return opportunity for investors, and created the Robo Global Robotics and Automation Index Series.”

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