Robotics & Automation News

Where Innovation Meets Imagination

David Edwards

Global robotics venture capital investment reaches $5.7 billion in 2021

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Global robotics venture capital investments reached $5.7 billion in 2021, a 38 percent year-on-year growth, according to a report by ABI Research, a technology intelligence firm.

The growth was driven by successful startups from key markets such as the United States, China, the United Kingdom, and Israel. Leading startups demonstrated strong capabilities in three major domains: mobility, autonomy, and collaboration, specifically human-machine collaboration.

The investment market worldwide was relatively muted in 2020, as fewer deals were concluded due to the Covid-19 pandemic. However, the current labor shortage induced by Covid-19 and the ongoing supply chain crunch are leading more businesses to look for ways to automate labor-intensive, repetitive, and hazardous tasks. [Read more…] about Global robotics venture capital investment reaches $5.7 billion in 2021

Intelligent City raises $30 million to bring robotics and automation to prefabricated construction sector

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With pressure mounting for cities to address affordable housing needs, decarbonize buildings, and meet sustainability goals, housing technology company Intelligent City raised CAD 22 million ($17 million), bringing the total capital invested in the company to CAD 30 million ($23 million).

As one of the first companies in North America to apply automation and robotics to the design and manufacturing of prefabricated mass timber buildings, Intelligent City will use the funding to scale operations, commercialize its Platforms for Life (P4L) building solution, grow factory automation, and expand its footprint across and beyond Canada.

Earlier this year, the company completed testing of its building systems and is now verified to work within the new mass timber high-rise building codes in Canada and the US. [Read more…] about Intelligent City raises $30 million to bring robotics and automation to prefabricated construction sector

GXO partners with 6 River Systems for supply of warehouse robots

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GXO Logistics, one of the world’s largest contract logistics providers, has reached a multi-year global agreement with 6 River Systems, a robotic fulfillment solutions provider, to meet the demand for collaborative mobile robots – also known as autonomous mobile robots – in its logistics operations across the US and Europe.

Sandeep Sakharkar, chief information officer at GXO, says: “6 River Systems’ Chucks provide a huge boost to the retention of our team members and deliver a substantial sustained increase in operational productivity.

“This agreement fortifies our long-term partnership with 6RS, ensuring rapid deployment of popular productivity-enhancing warehouse collaborative robots that give our customers a competitive advantage.” [Read more…] about GXO partners with 6 River Systems for supply of warehouse robots

ABB wins Red Dot award for FlexPacker industrial Delta robot

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ABB’s IRB 390 FlexPacker industrial Delta robot designed for ultra-fast packing has been chosen for the Red Dot Product Design Award – the second ABB robot to receive the prestigious award in two consecutive years.

The global Red Dot Design Awards recognize achievements in product design, with the jury – comprised of over 50 international design experts – testing and evaluating thousands of entries every year.

In 2022, the Red Dot Award panel looked for products that showed design quality and a high degree of innovation – attributes that informed the FlexPacker’s development from the beginning. [Read more…] about ABB wins Red Dot award for FlexPacker industrial Delta robot

Start making easy profits by entering the bitcoin trading world

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Bitcoin trading is a booming industry right now. Even people with zero or no knowledge of bitcoin are putting their money in this currency. If you want to make simple and safe Bitcoin transactions, visit bitcoin-eraapp.com, where you can make your trading journey much better.

Newbie investors, due to a lack of accurate knowledge of bitcoin trading, face heavy losses.

Undeniably, the profits of trading bitcoin are ultimately luring and massive. Still, one can only achieve the goal of attaining easy profits from bitcoin trading if they carry sufficient knowledge to enter the cryptocurrency trading world. Therefore, let’s look at some tips that can help to attain easy-to-make profits with bitcoin trading. [Read more…] about Start making easy profits by entering the bitcoin trading world

Oil Trading: Which Place is Popular for Investment?

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Oil trading is a popular investment choice for many people. There are several reasons why people choose to invest in oil, including the fact that it is a finite resource essential for many industries. To learn more, click öl-profit.de.

Oil prices can also be volatile, leading to profitable opportunities for investors. Several different places are famous for oil trading. One of the most crucial variables to consider when picking a site is whether or not the surroundings are under official or governmental supervision.

Some countries have very lax regulations surrounding oil trading, making it easier to profit. [Read more…] about Oil Trading: Which Place is Popular for Investment?

Why should you invest in electric vehicle companies?

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“The future of the automotive industry”, “the new standard” and “there will be no other cars” are just some of the expressions that can be heard about the increasingly popular electric vehicles. All the giants of the automotive industry have already released at least a few models of electric vehicles.

Thus, there is no wonder why people invest in electric vehicle stocks. In this article, we will discuss the benefits and prospects of investing in this kind of stock. [Read more…] about Why should you invest in electric vehicle companies?

How Slip Rings Help Improve the Future of Robotics and Automation

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Robotics and automation are increasing in popularity. With the latest tech that supports software that’s easy to build, deploy, and manage, the second part of getting the job done is to build the actual hardware.

One of the important issues of wire winding is solved with the help of slip rings, but there’s so much more to what slip rings are capable of and how they can help modern robotics and automation.

So in this post, you’ll learn everything about slip rings you might not know by now, but also how important they are and how they fit well in the robotics and automation industry. [Read more…] about How Slip Rings Help Improve the Future of Robotics and Automation

How should you serve your customers so that you get more of them

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Today, all the basic daily operations of the client are quenched on the card in the app. You are primarily focused on digital service, so it is worth paying attention to the development of financial service products because these are striking short-term and large-scale long-term results.

Let’s look at the key points of the efficiency of financial services. [Read more…] about How should you serve your customers so that you get more of them

Key VPN Statistics: What Are the Numbers Telling Us?

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All over the world, individuals use virtual private networks (VPNs) to secure their connections to the internet. The encryption protects your activity from prying eyes, allowing you to browse the web with greater anonymity.

Furthermore, a VPN may replace your actual IP address with one from another region, allowing you to access material that would otherwise be. [Read more…] about Key VPN Statistics: What Are the Numbers Telling Us?