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Robot simulation market set to grow to $1.4 billion

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Robotics simulation software is a pivotal technology for expanding automation in reshoring manufacturing initiatives. It provides a streamlined and robust pathway for innovation adoption and future-proofing facilities and workflows across the automation landscape.

Global technology intelligence firm ABI Research found that design and development simulation software revenue will grow at a 21.6 percent compound annual growth rate to the end of the decade.

This growth is primarily driven by the need for rapid prototyping, training, and the testing of robotics products from incumbent robotics companies and emerging disrupters. The entire dedicated robotics simulation software market will reach $1.4 billion by 2030. [Read more…] about Robot simulation market set to grow to $1.4 billion

Space robotics poised to see ‘explosive growth’, says new report

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Five years ago, NASA launched a mission straight out of a sci-fi blockbuster by deploying its robotic system, Astrobees, on the International Space Station (ISS) to assist astronauts with repair and maintenance.

Fast forward to today, and space robotics has taken a giant leap forward, becoming a hotbed of innovation and investment. This burgeoning field is now at a pivotal moment, poised for explosive growth.

The past three years have seen over 40 pioneering companies enter the space robotics arena, attracting more than $200 million in venture capital, according to Technology Foresights, an innovation intelligence platform by GlobalData, a research, data and analytics company. [Read more…] about Space robotics poised to see ‘explosive growth’, says new report

Global Industrie trade show attracts 50,000 people to Paris

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Held recently at Paris Nord Villepinte, Global Industrie, France’s big industrial gathering, lived up its promise.

Bringing together nearly 50,000 people from the industrial world, the event helped give a new voice to this ecosystem by rallying all players: 2,300 exhibitors and their 15,500 employees, nearly 34,000 visitors, four ministers, business leaders, representatives of professional organizations and 6,000 young people.

Global Industrie has become a platform for an innovative, combative and resilient industrial sector that acts every day to promote French know-how, contribute to the economy of France and its regions and help spread the influence of French industry internationally. [Read more…] about Global Industrie trade show attracts 50,000 people to Paris

GMV develops new robotic technologies to remove space debris and refuel spacecraft

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As the space ecosystem continues to grow and diversify, bringing with it a new economic era, it has become essential to address issues related to space sustainability, to ensure that we can use space in a responsible way over the long term.

The multinational technology firm GMV has become prominent in the space industry, with a firm commitment to performing its space-related activities in a socially and environmentally respectful way.

The company is now performing work and testing at its exclusive “platform-art” test bench. This work involves a range of important technologies for removing space debris, and for performing in-orbit maintenance, refueling, and assembly of complex infrastructure and elements.

[Read more…] about GMV develops new robotic technologies to remove space debris and refuel spacecraft

Coca-Cola to invest another $175 million in Kenya

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The Coca-Cola system, consisting of The Coca-Cola Company and its authorised bottler Coca-Cola Beverages Africa, has decided to increase its investment in Kenya by up to $175 million over the next five years, should the business achieve its anticipated growth targets in the country.

Hosting Kenyan President H.E. Dr William Ruto at The Coca-Cola Company’s headquarters in Atlanta, Sunil Gupta, CEO of Coca-Cola Beverages Africa, said, “The Coca-Cola system has been an integral part of Kenya’s landscape for more than 75 years. Today, we are excited to announce our intention to strengthen this legacy through a substantial investment.”

“This investment is aimed at accelerating the Coca-Cola system’s capacity and capability expansion over the next five years. Our decision to invest underscores our belief in the long-term potential of Kenya’s economy,” Gupta said. [Read more…] about Coca-Cola to invest another $175 million in Kenya

Nvidia showcases new robotics research on geometric fabrics, surgical robots, and more at ICRA

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During the IEEE International Conference on Robotics and Automation (ICRA) May 13-17 in Yokohama, Japan, many people will be discussing geometric fabrics.

That topic is the subject of one of seven papers submitted by members of the Nvidia Robotics Research Lab, along with collaborators, and featured at ICRA this week.

[Read more…] about Nvidia showcases new robotics research on geometric fabrics, surgical robots, and more at ICRA

OCSiAl claims graphene breakthrough in coatings for electronic devices

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Films play a crucial role in the consumer electronics industry, safeguarding smartphones, tablets, and laptops from scratches, fingerprints, and dust.

As the demand for such devices rises, the need for functional and aesthetically pleasing protective coatings is expanding, with a forecasted global market growth of 5.33 percent by 2027.

Graphene nanotubes offer a unique solution combining permanent conductivity and high transparency in coatings for 3C (computers, consumer electronics and communication) products without changing standard technological processes or equipment. [Read more…] about OCSiAl claims graphene breakthrough in coatings for electronic devices

Autonomous e-Mobility Awards 2024: Qatar recognizes visionaries, innovators, and startups at prestigious ceremony

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The Autonomous e-Mobility (AEMOB) Forum 2024 concluded with presenting the AEMOB Awards, recognizing individuals and organisations that have demonstrated outstanding commitment, innovation, and leadership in moving the driverless e-mobility industry forward.

The accolades’ first category, the AEMOB Visionary Award, celebrates individuals who have exemplified exceptional leadership in their field. The recipient of the AEMOB Visionary Award was His Excellency Jassim Saif Ahmed Al Sulaiti, the Minister of Transport.

His unwavering dedication to advancing modern mobility has set a remarkable precedent for the industry and for the State of Qatar. Under his stewardship, the country’s public transportation has undergone a significant transformation, with over 70 percent of its fleet now electrified.

[Read more…] about Autonomous e-Mobility Awards 2024: Qatar recognizes visionaries, innovators, and startups at prestigious ceremony

Virginia Tech physicists propose path to faster, more flexible robots

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In a recent paper released in the journal Physical Review Letters, Virginia Tech physicists revealed a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery.

Virginia Tech physicist C. Nadir Kaplan (main image, left) and doctoral candidate Chinmay Katke (main image, right) discovered a microscopic phenomenon that could greatly improve the performance of soft devices, such as agile flexible robots or microscopic capsules for drug delivery.

The paper, written by doctoral candidate Chinmay Katke, assistant professor C. Nadir Kaplan, and co-author Peter A. Korevaar from Radboud University in the Netherlands, proposes a new physical mechanism that could speed up the expansion and contraction of hydrogels. [Read more…] about Virginia Tech physicists propose path to faster, more flexible robots

ABB Robotics launches global startup challenge

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ABB has launched its 2024 Robotics AI Startup Challenge, a global competition designed to accelerate the development of artificial intelligence (AI) solutions in robotics.

The challenge is part of ABB’s ecosystem for innovation, with a previous challenge resulting in the acquisition of Sevensense in January 2024, a Swiss-based start-up and leading provider of AI-enabled 3D vision navigation technology for autonomous mobile robots (AMRs).

ABB Robotics’ latest challenge will foster innovation and collaboration between ABB and pioneering startups and scaleups worldwide. [Read more…] about ABB Robotics launches global startup challenge

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