Robotics & Automation News

Market trends and business perspectives

Archives for August 23, 2021

Global ‘Robot-as-a-Service’ market set to reach $41.3 billion by 2028

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The global Robot as a Service market was valued at $12.6 billion in 2020 and is expected to surpass $41.3 billion by 2028, registering a compound annual growth rate of 15.9 percent during the forecast period (2021-2028), as highlighted in a report published by Coherent Market Insights.

The ongoing advancement in technologies is propelling the market growth during the forecast period.

The growing adoption of advanced technologies such as automation, artificial intelligence, machine learning, Robot as a Service (RaaS), and many other technologies are expected to drive market growth during the forecast period. [Read more…] about Global ‘Robot-as-a-Service’ market set to reach $41.3 billion by 2028

Scientists research ‘matter waves’ to shine light on post electronics future

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Most modern technologies owe their success to advances in electronics. These devices harness the flow of electrons in different ways to create computers, charge batteries, light-up displays, and move motors.

Now researchers are starting to explore ways to harness the flow of waves of whole atoms, called matter waves, to enable new kinds of sensors, computers, and scientific research.

This new field has been named atomtronics, owing to the focus on finding ways to move whole atoms rather than electrons in traditional electronics devices. [Read more…] about Scientists research ‘matter waves’ to shine light on post electronics future

Made4CNC launches ‘world’s first’ completely automatic CNC door opening solution for robots

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A new Danish company says it has solved a well-known and previously “unsolvable challenge” in the metal industry.

Made4CNC has developed what is claimed to be the world’s first completely automatic door opening solution for robotic machine tending, fitted to any robot and CNC machine in under an hour.

Currently only a small percentage of the industry’s CNC machines are automatically fed components. [Read more…] about Made4CNC launches ‘world’s first’ completely automatic CNC door opening solution for robots

KeepTruckin partners with Ambarella to develop next-generation AI device for ADAS

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KeepTruckin, a provider of fleet management technology, has selected Ambarella’s CV22 CVflow edge AI vision system on chip for its new AI Dashcam.

This latest AI Dashcam, also announced today, uses a single CV22 SoC to simultaneously provide AI and image processing for its dual-camera system, which integrates one camera for the front advanced driver assistance system with incident recording, and a second RGB-IR camera for the driver-monitoring system with driver recording.

Additionally, with Ambarella’s industry-leading edge AI processing performance-per-watt, the CV22 enables the AI Dashcam to run KeepTruckin’s proprietary sophisticated and accurate AI algorithms for real-time high-risk behavior detection and active warnings directly on the small form factor device, with minimal heat dissipation. [Read more…] about KeepTruckin partners with Ambarella to develop next-generation AI device for ADAS

US DoD selects Stratom to migrate robotic systems from ROS-1 to ROS-2

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Stratom, a developer of autonomous ground vehicles and robotic systems for logistics and operational applications, has been selected as part of an exclusive team to deliver the US Department of Defense’s Stage II of the Modular Autonomy and Robotic Software program, which involves the collaborative migration of Robotic Technology Kernel software modules from the first version of the Robot Operating System to ROS 2. 

For nearly a decade, the US government has been developing ROS-M (Robotic Operating System-Military), an ecosystem of software architectures, reusable components and supporting infrastructure to enable rapid development and fielding of robotic and autonomous systems.

Built on ROS 1, ROS-M enables the DoD to benefit from open-source development practices while maintaining tight control over the community-developed code. However, ROS 1’s current revision, Noetic, is set to be the last version, with support ending in 2025. [Read more…] about US DoD selects Stratom to migrate robotic systems from ROS-1 to ROS-2

Monogram Orthopedics attracts 5,000 investors on way to raising $30 million

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Monogram Orthopedics, the startup advancing the future of joint replacement surgery, has attracted 5,000 Series B investors – and almost $1 million – on crowdfunding platform StartEngine.

Aiming to personalize the $19.6 billion joint replacement market through artificial intelligence, robotics, and 3D printing, Monogram Orthopedics is targeting a $34 million raise to scale and bring their technology to market.

The company expects to kick off its unmatched personalized approach with its first Total Knee Arthroplasty implant FDA submission planned for later this year. [Read more…] about Monogram Orthopedics attracts 5,000 investors on way to raising $30 million

Abu Dhabi starts work on building region’s first-ever quantum computer

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Abu Dhabi’s Technology Innovation Institute, a pioneering global research and development centre that focuses on applied research, today unboxed the cryostat – the initial frame of its quantum computer that is being assembled in the UAE capital.

TII’s Quantum Research Centre (QRC) is spearheading the landmark advanced technology project that aims to give the world a quantum advantage through developing a supercomputer with exponential computational capabilities.

Two helium dilution refrigerators arrived from Finland earlier this week in massive wooden crates, an essential component that uses helium isotopes to cool the quantum chips or the brain of the computer and maintain the quantum information. [Read more…] about Abu Dhabi starts work on building region’s first-ever quantum computer

Sarcos Robotics signs up Pine Environmental as distribution partner

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Sarcos Robotics, a developer of exoskeletons and other robotic systems, has signed up Pine Environmental Services as an official distributor.

Pine Environmental is a professional services company providing equipment for environmental monitoring, nondestructive testing, visual inspection, and continuous emissions monitoring.

The agreement will see Pine Environmental become an official distributor of the award-winning Guardian S remote visual inspection and surveillance robot. [Read more…] about Sarcos Robotics signs up Pine Environmental as distribution partner

Timken acquires automation solutions manufacturer Intelligent Machine Solutions

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The Timken Company, a maker of engineered bearings and power transmission products, has acquired Intelligent Machine Solutions, a builder of industrial robotics and automation solutions.

The addition of iMS expands and complements Timken’s Rollon linear motion product range with larger and heavy-duty applications, such as seventh-axis robotic transfer units (RTUs) and gantry systems.

iMS, which was founded in 2008, is based in Norton Shores, Michigan, in the United States. The company, which has approximately 20 employees, designs and manufactures floor-mounted, overhead, rotary and extreme seventh-axis RTUs and gantry systems used by manufacturers across industries to automate certain production processes. [Read more…] about Timken acquires automation solutions manufacturer Intelligent Machine Solutions

AutoX autonomous vehicle navigates through China’s urban villages

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AutoX, a developer of Level 4 fully autonomous RoboTaxis founded by e-commerce giant Alibaba, has released a new video this week showcasing how its fully driverless RoboTaxis handle the challenging rush hour conditions of China’s “urban villages” in what is described as the “ultimate autonomous driving challenge”.

Unique to China, urban villages are ultra high-density residential neighborhoods in major cities, including Shenzhen and Guangzhou, that are typically surrounded by skyscrapers, transportation infrastructure, and other modern urban developments.

The public roads in urban villages are extremely busy, chaotic and overcrowded, especially in the early evening. [Read more…] about AutoX autonomous vehicle navigates through China’s urban villages