Robotics & Automation News

Market trends and business perspectives

Archives for September 3, 2020

Sarcos Robotics raises $40 million in Series C funding

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Sarcos Robotics, a global leader in the production of robots that augment humans to enhance productivity and safety, announced that it has raised $40 million in an oversubscribed Series C financing round.

The Series C round was led by Rotor Capital, with most of the company’s existing investors participating in the financing.

The Series C funding will be used to begin commercial production of the company’s Guardian XO industrial exoskeleton – the world’s first full-body, battery-powered wearable industrial robot designed to increase strength and endurance – scheduled for commercial release in 2021. [Read more…] about Sarcos Robotics raises $40 million in Series C funding

Walmart deal helps Shopify shares skyrocket more than 300 percent

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Shopify shares have skyrocketed to all-time highs over the past few weeks, largely as a result of its new partnership with Walmart. Shopify is the first online commerce platform partner that Walmart has signed such a deal with. 

The agreement, agreed in June, allows Shopify – which bought warehouse robot maker 6 River Systems last year for $450 million – to put 1,200 of its merchants into Walmart’s marketplace

Walmart is America’s largest retail chain, with annual revenues of more than $500 billion. The vast majority of its sales are in brick-and-mortar stores, but the company has recently been making a big push into the digital space. [Read more…] about Walmart deal helps Shopify shares skyrocket more than 300 percent

e-con Systems launches IP67 rugged GMSL2 camera for industrial applications

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e-con Systems, an embedded camera solutions company, has launched its STURDeCAM20 industrial grade GMSL camera and STURDeCAM20_CUXVR camera kit leveraging the powerful capabilities of the Nvidia Jetson edge AI platform.

The new offerings accelerate time to market for customers developing and deploying ruggedized applications for industrial and outdoor environments such as autonomous mobile robots, delivery robots, sidewalk robots, blind spot cameras for large vehicles, mining vehicles, forklifts, surround view systems, and more.

The STURDeCAM20 is based on a Full HD CMOS sensor with well-tuned image signal processor (ISP) packed in an IP67 rated (water and dust proof) enclosure with operating temperature of -40 to 85°C. [Read more…] about e-con Systems launches IP67 rugged GMSL2 camera for industrial applications

Graze unveils solar-powered autonomous commercial lawn mower

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Startup company Graze has unveiled a new solar-powered autonomous commercial lawn mower, which it plans to launch by 2021.

The company says has now expanded the design to increase efficiency and maintenance speed for mid-to-large sized commercial lawns, enhance cutting blades to perfect trim precision, add new sensor capabilities to increase safety, improve GPS based mapping and computer vision, while optimizing intelligent and applicable insights through advanced machine learning capabilities.

Analyst reports have found landscaping services in the US generated $101.7 billion in revenue in 2020, while commercial landscaping services (maintenance and general services) have been projected to range between 40 and 60 percent of the overall landscaping service industry in the US. [Read more…] about Graze unveils solar-powered autonomous commercial lawn mower

Mosaic raises $14 million to digitalize construction and bring prefabrication into the mainstream

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A startup company aiming to bring digital project management techniques to the construction sector has raised $14.25 million in Series A funding, bring the total raised to $24.7 million, according to Business Insider. 

Mosaic Construction says its fundamental offer or service is to provide a method for analyzing building plans and categorize them according to which contractor will do what task in what time frame and so on.

This could enable traditional property developers and builders to move more of their tasks into the factory for prefabrication, bringing prefabricated construction into the mainstream. [Read more…] about Mosaic raises $14 million to digitalize construction and bring prefabrication into the mainstream

Top Future Car Technologies with Great Odds

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Today, technology is the answer to everything, thanks to the many opportunities it presents. For the automotive industry, it’s been from one glory to another. Even movies and TV shows feature driverless cars.

This means the automotive industry is growing and not looking back. We saw the emergence of electric vehicles, solar-powered machines, manual and self-driving cars, among other innovations.

The trend continues as innovators look into having more technology advancements soon. As time goes by, AI might overtake human minds in operating automobiles. [Read more…] about Top Future Car Technologies with Great Odds

ForwardX Max 500 AMR earns CE mark

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ForwardX Robotics, a Beijing-based developer of visual Autonomous Mobile Robots, announced its ForwardX Max 500 robots have achieved CE mark approval and are now certified for use across Europe.

CE marking indicates that the Max 500 visual Autonomous Mobile Robots (vAMRs) now adhere to the European Union’s directives and standards for health, safety, and environmental protection.

“Our Max 500 vAMRs give warehousing and manufacturing facilities the ability to automate dangerous, time-consuming tasks,” said Viktor Wang, Senior Product Director at ForwardX Robotics. [Read more…] about ForwardX Max 500 AMR earns CE mark