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Zimmer Biomet acquires robotic surgery company Monogram Technologies for $177 million

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Zimmer Biomet, a medical technology company, and Monogram Technologies, an orthopedic robotics company, has entered into a definitive agreement for Zimmer Biomet to acquire all outstanding shares of stock of Monogram for an upfront payment of $4.04 per share in cash, corresponding to an equity value of approximately $177 million and an enterprise value of approximately $168 million.

Monogram common stockholders will also receive a non-tradeable contingent value right (CVR) entitling the holder to receive up to $12.37 per share of common stock in cash if certain product development, regulatory and revenue milestones are achieved through 2030.

The respective boards of directors of Zimmer Biomet and Monogram have unanimously approved the proposed transaction. [Read more…] about Zimmer Biomet acquires robotic surgery company Monogram Technologies for $177 million

Clean Cuts, Smarter Builds: How Laser Cutting Enhances Robotics and Automation

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Robotics and automation are only as precise as the tools that support them. As factories become smarter and systems more integrated, the need for ultra-accurate components continues to grow.

That’s where laser cutting steps in – not just as a tool, but as a foundational part of modern fabrication. Whether it’s shaping the housing of a robotic arm or customizing parts for industrial machines, laser cutting delivers speed, precision, and adaptability in ways that traditional methods often can’t match. [Read more…] about Clean Cuts, Smarter Builds: How Laser Cutting Enhances Robotics and Automation

RealSense completes spin out from Intel, raises $50 million

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RealSense, a developer of AI-powered computer vision, has announced its successful spinout from Intel Corporation and the close of a $50 million Series A funding round.

With investment led by a renowned semiconductor private equity firm and participation from strategic investors, including Intel Capital and MediaTek Innovation Fund, RealSense now operates as an independent company focused on advancing innovation in AI, robotics, biometrics and computer vision.

The new capital will fuel RealSense’s expansion into adjacent and emerging markets and scale its manufacturing, sales and go-to-market (GTM) global presence to meet increased demand for humanoid and autonomous mobile robotics (AMRs), as well as AI-powered access control and security solutions. [Read more…] about RealSense completes spin out from Intel, raises $50 million

Fernride transforms Estonia port to driverless operations

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A significant milestone for autonomous logistics in Europe

HHLA TK Estonia terminal, near Tallinn, has partnered with yard trucking automation company Fernride, to begin the operational transition to driverless operation of terminal tractors.

Together, the two companies aim to “set new standards for safety and efficiency in port logistics”.

The transition to driverless operations follows the successful certification of Fernride’s safety concept and system design by TÜV SÜD, as well as approval by the Estonian Transport Administration (ETA).

Fernride is the first company to receive TÜV SÜD certification for an autonomous terminal tractor in accordance with the EU Machinery Directive (2006/42/EC). [Read more…] about Fernride transforms Estonia port to driverless operations

Arrive AI selects Synoptek as strategic IT partner to power global expansion

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Arrive AI – a pioneering autonomous delivery network anchored by Arrive Points – has selected Synoptek as a strategic IT partner to enable its rapid growth and global ambitions. Synoptek will provide Arrive AI with all the IT solutions it needs to support its business.

With a recent injection of up to $40 million in funding from Streeterville Capital, Arrive AI is entering a critical growth phase. The company is preparing to launch its patented, autonomous delivery platform later this summer and expects to triple its staff size.

Mark Hamm, COO of Arrive AI, says: “Synoptek’s strategic approach, deep expertise, robust tech stack and strong partnerships with Microsoft and ServiceNow made it a clear choice. [Read more…] about Arrive AI selects Synoptek as strategic IT partner to power global expansion

Diligent Robotics appoints former Cruise executives as CTO and COO

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Diligent Robotics, developers of AI-native humanoid robots, have appointed two former Cruise executives to its leadership team: Rashed Haq as chief technology officer (CTO) and Todd Brugger as chief operating officer (COO).

With deep technical and commercial go-to-market expertise in autonomous vehicles and AI, the pair will help fuel the company’s next phase of growth as it gears up for expansion beyond its initial application of US hospital logistics.

Haq most recently served as Cruise’s VP, head of AI and Robotics, where he built the foundation of end-to-end autonomy for self-driving vehicles and helped scale Cruise to 5+ million miles of fully driverless vehicles in 5+ cities. [Read more…] about Diligent Robotics appoints former Cruise executives as CTO and COO

Safety standards and innovations in human-robot collaboration

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The latest in sensors, programming, and risk assessment for safe collaborative deployment

Collaborative robots – or cobots – are rapidly transforming industrial automation by working safely alongside human workers.

Unlike traditional industrial robots, which are typically caged off, cobots are designed for direct interaction, enabling flexible, efficient workflows.

But as adoption grows, so too does the need for advanced safety systems, smarter programming environments, and comprehensive risk management frameworks. [Read more…] about Safety standards and innovations in human-robot collaboration

Outrider builds ‘first-in-industry’ safety system for driverless yard operations

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Outrider, the leader in autonomous yard operations for logistics hubs, has built the industry’s first safety system designed from the ground up for scalable, driverless movement of freight in mixed-traffic trailer yards.

Outrider’s proprietary functional safety approach was determined to align with the AV Conformity Framework (AVCF) requirements of TÜV SÜD, a globally recognized independent testing and certification organization.

Commissioning and deployment of the latest-generation driverless yard trucks will begin with select enterprise customers in the second half of 2025. [Read more…] about Outrider builds ‘first-in-industry’ safety system for driverless yard operations

Augmentus raises $11 million to scale physical AI for complex robotic surface finishing and welding

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Augmentus, the developer of an intelligent no-code robotics solution, has raised $11 million (SGD $14 million) in a Series A+ funding round.

The funds will be used to accelerate regional deployment of its fully autonomous robotic surface finishing and welding systems, fulfill demand from marquee manufacturing customers, and advance R&D into hyper-adaptive, AI-driven robotic systems built for the factory floor.

The round was led by Woori VP, with participation from new investor EDBI, alongside returning backers Sierra Ventures and Cocoon Capital. [Read more…] about Augmentus raises $11 million to scale physical AI for complex robotic surface finishing and welding

Prime Vision robots optimize K-Parts order picking for motorbike spares

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Robots are giving growing e-commerce businesses the opportunity to sort orders in a highly efficient and scalable manner.

This is certainly the case for K-Parts, a large online supplier of scooter, moped, motorbike and bicycle parts, which is using Prime Vision robots to accelerate its warehouse logistics at Harderwijk in the Netherlands.

Working together with K-Parts staff and an automatic storage and retrieval system (ASRS), robots have optimized the sorting process and powered future growth. [Read more…] about Prime Vision robots optimize K-Parts order picking for motorbike spares