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MiR autonomous mobile robot sales increase by 42 percent in 2021

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Mobile Industrial Robots, a manufacturer of autonomous mobile robots, says it experienced a 42 percent increase in sales in 2021 compared with 2020.

December alone was a “record month” for the company, with close to 300 robots shipped, which is more than any previous month.

Søren Nielsen, president of MiR, says: “We grew significantly in 2021 despite component shortages as customers recognize the value of our safe, reliable and easy-to-deploy AMRs. [Read more…] about MiR autonomous mobile robot sales increase by 42 percent in 2021

India’s richest man spends $132 million buying majority stake in robotics company

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India’s richest man, Mukesh Ambani, has bought the majority stake – 54 percent – in a robotics company called Addverb Technologies through his Reliance Industries conglomerate.

Addverb Technologies is a warehouse automation company, mainly in the intralogistics space, providing autonomous mobile robots and other systems, and was already working with Reliance Industries.

The purchase of the shares took place during the startup’s latest funding round. [Read more…] about India’s richest man spends $132 million buying majority stake in robotics company

DHL to invest $15 million on Boston Dynamics robots for supply chain operations

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DHL Supply Chain, the global and North American contract logistics business unit within Deutsche Post DHL Group, is making a $15 million investment in robotics solutions from Boston Dynamics.

Boston dynamics is famous for making scary humanoid and canine robots but it has also become one of the leading developers of mobile robotics, and the robots it will supply DHL – which include an autonomous mobile robot with arm called “Stretch” (main picture) – will “further automate warehousing in North America”.

The companies have signed a multi-year agreement that begins with equipping DHL facilities with Stretch, Boston Dynamics’ newest robot specifically designed to automate the unloading process in distribution centers. [Read more…] about DHL to invest $15 million on Boston Dynamics robots for supply chain operations

Starship Technologies agrees €50 million funding from European Investment Bank

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Starship Technologies, a maker of autonomous delivery robots, has agreed on a €50 million quasi-equity facility agreement with the European Investment Bank.

The lending arm of the European Union and one of the largest providers of climate finance, the EIB supports projects that promote the priorities and objectives of the EU.

This financing, which is supported by the European Fund for Strategic Investments, has been facilitated via a venture loan, and will be used for research and development, including the building of thousands more robots at Starship’s engineering and innovation facility in Tallinn. [Read more…] about Starship Technologies agrees €50 million funding from European Investment Bank

Vecna Robotics raises $65 million in Series C funding

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Vecna Robotics, a provider of robotic material handling automation, has raised $65 million in its Series C funding round led by Tiger Global Management, along with additional funding from new investors Lineage Logistics, Proficio Capital Partners, and Impulse.

The new financing will help fund the company’s technology roadmap with new autonomous mobile robots (AMR) and software, and will accelerate fulfillment of new orders and expanded operations to address the $165 billion market opportunity for pallet-moving autonomy.

Craig Malloy, CEO of Vecna Robotics, says: “There is huge headroom for growth in automated material handling with over 5 billion pallets in the world being moved by more than 5 million forklifts and nearly 5 million manual operators. [Read more…] about Vecna Robotics raises $65 million in Series C funding

Starship Technologies launches robot delivery service at Dallas university

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Starship Technologies has rolled out its robot food delivery service at SMU, a Dallas-based private university.

Starship’s fleet of 16 autonomous, on-demand robots will deliver from 10 campus eateries.

The University’s students, faculty and staff can now use the Starship Food Delivery app (iOS and Android) to order food and drinks from Cinco Taco, Einstein Bros Bagels, Lawyers Inn, Mac’s Place, Panera Bread, Rollin’ & Bowlin’ Acai Bowls, Starbucks, Sushic, and The Market to be delivered anywhere on campus, within minutes. [Read more…] about Starship Technologies launches robot delivery service at Dallas university

Caja Robotics and Bastian Solutions to build mobile goods to person solutions in America

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Caja Robotics, a provider of robotic and flexible goods-to-person solutions for order fulfillment, says it will be working closely with Bastian Solutions, a Toyota Advanced Logistics company, to integrate Caja robotic systems in the USA.

The two companies will leverage each other’s capabilities and leadership positions in the material handling space to serve a range of projects and customer sites.

Matt Kuper, vice president of global sales and applications at Bastian Solutions, says: “We are excited to collaborate with Caja Robotics and add their flexible and modular robots to our solutions roster. [Read more…] about Caja Robotics and Bastian Solutions to build mobile goods to person solutions in America

Opinion: How to double up grocery logistics productivity with autonomous mobile robots

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With growing labour availability issues, how can grocery logistics operations significantly boost performance? Vincent Jacquemart, CEO at French autonomous mobile robot designer and manufacturer iFollow, offers a solution.

Faced with the likelihood of long term staff shortages and resulting rises in pay rates, warehouse and distribution centre operators in grocery and many other sectors are turning sometimes belatedly to automation. This is certainly an option but not all solutions deliver really significant productivity improvements.

Labour shortages in logistics have been building for some years, by no means just because of Brexit, and the inability to fulfil orders reliably is becoming an existential threat for many firms.

Logistics UK in October claimed that “13 percent of traders are reporting severe warehouse staff shortages”; in November the Cold Chain Federation noted “10 percent to 20 percent shortage rates” among its members. [Read more…] about Opinion: How to double up grocery logistics productivity with autonomous mobile robots

Exotec raises $335 million in Series D funding for its warehouse robots

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Exotec, a warehouse robotics startup, has raised $335 million in Series D funding, and is now valued at $2 billion.

The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital.

Exotec says it will use the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. [Read more…] about Exotec raises $335 million in Series D funding for its warehouse robots

Kivnon’s AGV ROI Calculation Starts on Product Delivery Date

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By Mike Kotzian, managing director, Kivnon USA

Modex 2022 in Atlanta March 28-31 will feature many AGV vendors who cannot deliver product this year. Too much emphasis has been placed on features, advantages, and benefits; too little attention has been paid to delivery dates.

AGV vendors must promise a delivery date with a guarantee not to exceed 180 days from purchase order to delivery. Failing to provide that commitment is unacceptable.

Solving the immediate challenges in production by delivering product by Q3 2022 and mitigating the hiring constraints plaguing industries must be the top priorities. The current state of the supply chain has exacerbated the situation. [Read more…] about Kivnon’s AGV ROI Calculation Starts on Product Delivery Date