Mitsubishi Electric is reportedly planning to invest almost $20 million into GreyOrange Robotics.
GreyOrange is a startup company developing robotics and automation systems for the logistics industry, particularly warehouse automation systems integrating robots, and has been growing fast, according to a story on EconomicTimes.com.
The investment would lead to a valuation for GreyOrange of an amount between $300 million and $500 million. Continue reading Mitsubishi might invest $20 million in GreyOrange Robotics
A company called Canvas Technology has launched what it claims is the world’s first self-driving industrial cart.
The company says the logistics robot brings driverless vehicles to workplaces “long before self-driving vehicles hit street”.
Canvas says its carts are also the first self-driving vehicles to use 3D vision to map and navigate dynamic indoor workplaces. Continue reading Canvas Technology launches ‘world’s first self-driving carts’ for factories and warehouses