Day: July 30, 2020
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40 North Ventures acquires 11 companies from GE Ventures
40 North Ventures, an early-to-growth stage venture capital fund focused on technology investments in the industrial sector, has acquired investments in 11 companies from GE Ventures. Although 40 North Ventures is not disclosing the value of this deal, the fund raised $200 million last year. This was in part utilized for the acquisition from GE…
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Opinion: A coronavirus-induced acceleration of robotics and automation is happening in China
By Gao Feng Advisory A coronavirus-induced acceleration of robotics and automation appears to be taking place in China. There are a number of forces driving this catalysis in automation technologies. Firstly, the Chinese government and its policies are playing a central role. This will be particularly reflected in the unprecedented spending on “new infrastructure” as…
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IDS says its new cameras capture ‘sharp images even with varying object distances’
Imaging Development Systems says its new cameras capture “sharp images even with varying object distances”. The company has extended the selection of its automatically focusable board-level cameras. Their practical autofocus function enables uEye LE AF industrial cameras to deliver “perfectly focused images even with frequently changing object distances”, says IDS.
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NASA about to launch Mars Rover robot
NASA is today launching the latest version of its mobile robot for Mars. ATI Industrial Automation worked with NASA’s Jet Propulsion Laboratories (JPL) to develop a custom force/torque sensor for Perseverance, the latest Mars 2020 Rover project. JPL is the leading US research entity for robotic exploration of our solar system and manages NASA’s Deep…