Robotics & Automation News

Market trends and business perspectives

Archives for July 16, 2019

Ultimation reaches out to vertical farming sector with its conveyor systems

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Ultimation is targeting the new and growing market of vertical farming sector with its conveyor systems, technology it has been supplying for more than 30 years.

The company says that sustainable agricultural operations such as vertical and indoor farms are becoming more prevalent, and “conveyor technology systems can be part of the solution”.

Ultimation says vertical farms can potentially achieve higher yields for the surface area dedicated to production by controlling the light, temperature, humidity, water and nutrients the plants receive. [Read more…] about Ultimation reaches out to vertical farming sector with its conveyor systems

Mitsubishi Electric launches new lift and escalator company in Laos

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Mitsubishi Electric Corporation has established MELCO Elevator Lao Sole Co., Ltd. (MLAO) to accelerate its lift and escalator business growth in the highly promising Mekong regional market.

The new company, which was established by Mitsubishi Elevator (Thailand) Co., Ltd. (MET), a Mitsubishi Electric subsidiary, began operations on July 1, 2019.

The new company is expected to strengthen Mitsubishi Electric’s sales of lifts and escalators as well as related provision of high-quality maintenance services.

[Read more…] about Mitsubishi Electric launches new lift and escalator company in Laos

Via unveils its first autonomous vehicle service in public transportation pilot

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Via, a developer of on-demand shared mobility solutions, has launched what it claims is the “first public autonomous vehicle service in the world”.

The driverless vehicle, dubbed BusBot, is now fully operational and serving a community in New South Wales, Australia.

In partnership with local bus operator Busways, Transport for NSW, and autonomous vehicle technology provider EasyMile, BusBot will serve the Marian Grove Retirement Village in Toormina, a suburb of Coffs Harbour. [Read more…] about Via unveils its first autonomous vehicle service in public transportation pilot

Yamaha invests in drone tech startup Exyn

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Yamaha Motor Ventures & Laboratory Silicon Valley, the strategic business development and investment arm of Yamaha Motor, has participated in the $16 million Series A funding round for Exyn Technologies, a developer of autonomous aerial robotics for GPS-denied environments.

The investment is one of the first out of the $100 million Yamaha Motor Exploratory Fund established in 2018 and activated this year. The Exyn investment reflects YMVSV’s interest in developing innovation in the aviation sector.

George Kellerman, CEO and managing director of YMVSV, says: “Advanced aerial autonomy technologies have broad impacts across industry sectors, making Exyn Technologies a very attractive exploratory investment for us. [Read more…] about Yamaha invests in drone tech startup Exyn

Robert Bosch Venture Capital leads growth funding round in MegaRobo

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Robert Bosch Venture Capital, the corporate venture capital company of the Bosch Group, is leading a growth financing round in MegaRobo. 

The Chinese high-tech robotic company with over 100 employees is headquartered in Beijing and integrates cutting-edge machine vision and artificial intelligence (AI) to provide modular automation solutions for lab automation, smart retail and light industrial sectors.

“MegaRobo’s technology increases efficiency in production automation. Already today, robots from MegaRobo are used for special applications in the end-of-line production of household appliances at Bosch”, says RBVC managing director Dr Ingo Ramesohl.

[Read more…] about Robert Bosch Venture Capital leads growth funding round in MegaRobo

Additive manufacturing to generate $100 billion in Asean by 2025, says ThyssenKrupp

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ThyssenKrupp has presented a white paper on additive manufacturing (AM) potential in the ASEAN region, titled Additive Manufacturing: Adding Up Growth Opportunities for ASEAN.

The white paper provides deep insights and perspectives on the state of additive manufacturing in the ten member countries of ASEAN. There is huge potential for the ASEAN market given its contribution to global manufacturing output.

The paper was developed by ThyssenKrupp with the support and contribution of a multidisciplinary team of experts and partners in Singapore including the global industrial 3D printing leader EOS and the National Additive Manufacturing Innovation Cluster (NAMIC).

[Read more…] about Additive manufacturing to generate $100 billion in Asean by 2025, says ThyssenKrupp