Robotics & Automation News

Market trends and business perspectives

Archives for August 9, 2022

Benefits of cryptocurrency mingling with the real estate sector

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The virtual currencies are the best way to invest in real estate. They allow you to have more control over your investment and make it more transparent for other investors to see.

The real estate industry is one of the most profitable industries in 2018. The growth it has seen over the past few years has been incredible, and there is no sign of it slowing down soon.

Virtual currencies are highly scalable and transparent, which means that they can help an investor manage their money better without having to worry about how their investment is doing or how it will perform in the future. [Read more…] about Benefits of cryptocurrency mingling with the real estate sector

Fanuc plans to double Michigan campus to accommodate ‘automation demand’

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Fanuc, the world’s largest manufacturer of industrial robots, has launched a West Campus expansion that will push its operational space in Oakland County, Michigan to nearly two million square feet.

The construction will include a 655,000 square foot state-of-the-art facility to house manufacturing, engineering and R&D projects.

This investment in Michigan’s growing manufacturing area includes the purchase of 67 acres of land as well as the site of the former Thomas M. Cooley Law School Campus, which will provide future growth in the education of the next generation of robotics and automation workers. [Read more…] about Fanuc plans to double Michigan campus to accommodate ‘automation demand’

Kuka receives ‘record orders’ in first six months of year

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Kuka, one of the world’s largest manufacturers of industrial robots, says it has achieved “record orders” in the first six months of 2022.

At €2,545.4 million, the value of Kuka Group’s orders received in the first half of the year was 34.8 percent higher than in the previous year, and sales revenues increased by 13.5 percent to around €1.7 billion.

In addition, Kuka improved earnings before interest and taxes (EBIT) to €48.6 million (H1/21: €33.8 million). The EBIT margin increased to 2.8 percent in the first half-year 2022. [Read more…] about Kuka receives ‘record orders’ in first six months of year

Denso and Honeywell to develop electric engine for Lilium Jet

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Denso and Honeywell Aerospace are co-developing an electric motor for the Lilium Jet.

This is the first product developed by Honeywell and Denso since formalizing their alliance, and it marks Denso’s entry into the aerospace market. The two companies will work with Lilium, developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, to integrate the e-motor into Lilium’s aircraft engines.

Electric aircraft are not only quiet and comfortable, but are also more sustainable as they do not emit CO2. As mobility becomes increasingly diversified, air mobility offers potential solutions to prominent transportation issues, such as traffic congestion in urban centers, CO2 emissions and transportation access in less populated areas. [Read more…] about Denso and Honeywell to develop electric engine for Lilium Jet

Stäubli Robotics and Quantum Surgical partner to develop robotic platform for cancer surgery

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Stäubli Robotics and Quantum Surgical, an innovative surgical robotic company, is developing an innovative solution, a combination of powerful software and robotic platform for minimally invasive therapies in liver cancer.

This strategic partnership aims to combine this “savoir-faire” to strengthen the role of robotics in minimally invasive cancer treatments and to build a “world leader”, according to the companies.

A memorandum of understanding has been signed by the two parties. [Read more…] about Stäubli Robotics and Quantum Surgical partner to develop robotic platform for cancer surgery

Baidu granted China’s ‘first-ever’ permits for commercial driverless ride-hailing services

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Baidu, China’s equivalent of Google, has secured the first permits in China to offer commercial fully driverless robotaxi services to the public on open roads.

Apollo Go, Baidu’s autonomous ride-hailing service, is now authorized to collect fares for robotaxi rides – completely without human drivers in the car – in Chongqing and Wuhan, two of China’s largest megacities.

Amid increasing regulatory approval of the expansion of autonomous vehicles (AVs), the permits reflect regulatory authorities’ strong recognition and trust in the strength of Baidu’s autonomous driving technology. [Read more…] about Baidu granted China’s ‘first-ever’ permits for commercial driverless ride-hailing services