Driverless cars set to take to the roads much faster than anticipated as Colorado passes first law regulating the technology

Volvo_driverless_car
Picture of driverless car with “passenger” in driving seat… courtesy of Volvo

The sheer speed with which driverless cars have gone from a fanciful notion to soon-to-be real-world, mainstream standard technology might be bewildering to some and slightly worrying to others. 

But for proponents and supporters of the technology – of which there are many, both inside the industry as well as in society at large – the driverless car was always clearly on the horizon, and it’s imminent arrival is not a moment too soon.

Colorado has become the latest state to pass a law which allows the development of autonomous cars as long as the developers observe existing laws of the road.  Continue reading Driverless cars set to take to the roads much faster than anticipated as Colorado passes first law regulating the technology

US gives Midea green light to buy Kuka

US approves Midea takeover of Kuka. Reuters/Wolfgang Rattay
US approves Midea takeover of Kuka. Reuters/Wolfgang Rattay

Reuters

China’s Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light.

Midea, which launched a €4.5 billion offer for Kuka in May, said Germany’s markets regulator had approved the settlement of the transaction, allowing it to control a 94.55 percent voting stake in Kuka from January onwards.

The bid for Kuka, a high-tech robotics manufacturer, sparked controversy in Germany amid fears that key technologies were falling into foreign hands at a time when China protects its own companies against foreign takeovers.  Continue reading US gives Midea green light to buy Kuka

Kuka sells its ‘North American’ aviation division to Advanced Integration Technology

advanced integration technology

Kuka is selling at least part of its aerospace division to Advanced Integration Technology

Kuka, which is one of the world’s largest manufacturers of industrial robotics and automation technology, says the aerospace division it is selling to AIT is called “Systems Aerospace North America”.

However, the Kuka website which relates to its aerospace business is called KukaAero.com, and that says “Kuka Systems Aerospace Group is the largest division of Kuka”– no mention of “North America”.  Continue reading Kuka sells its ‘North American’ aviation division to Advanced Integration Technology