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Recycling company EverestLabs raises $16 million and reports 200 percent growth

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EverestLabs, developer of RecycleOSSM, which it claims is “the first AI-enabled operating system for material recycling facilities” (MRFs), has reported its key milestones accomplished in 2022.

Successes included rapid customer growth with key recycling facilities, such as North America’s largest commingled recycling facility, more than 200 percent deployment growth for the second year in a row, and the closing of Series A funding that will fuel expansion.

JD Ambati, founder and CEO of EverestLabs, says: “2022 was a year of tremendous growth for EverestLabs, thanks in large part to our customers, partners and employees. [Read more…] about Recycling company EverestLabs raises $16 million and reports 200 percent growth

Groundlight raises $10 million to launch ‘natural language powered computer vision’ service for robotics

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AI startup Groundlight has launched its visual understanding service based on natural language instructions.

Groundlight says its service “enables any developer to understand images programmatically using simple English language instructions and just a few lines of code”.

Groundlight says its platform can be integrated into applications such as industrial automation, process monitoring, retail analytics, video stream analysis, and robotics. This pilot service is now available to select customers. [Read more…] about Groundlight raises $10 million to launch ‘natural language powered computer vision’ service for robotics

ITU planning ‘world’s first press conference featuring humanoid social robots’

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The International Telecommunications Union’s upcoming AI for Good Global Summit will include what the organization says is “the world’s first press conference featuring humanoid social robots”.

At this “unprecedented media event”, nine robots and their creators will be available for questions from reporters in Geneva, Switzerland on 7 July.

Over 40 specialized robots demonstrating capabilities ranging from fighting fires and building houses to providing healthcare and farming sustainably will also be on display during the full event running from 6 to 7 July at the International Conference Centre Geneva (CICG). [Read more…] about ITU planning ‘world’s first press conference featuring humanoid social robots’

Logistics robots market set to grow to almost $40 billion by 2033

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The logistics robots market is expected to expand at a strong compound annual growth rate of 16.5 percent between 2023 and 2033. This is according to a new report by Future Market Insights.

The market is anticipated to cross a market share of $38.13 billion by 2033, while it is likely to be valued at $8.28 billion in 2023.

The proliferated e-commerce sector, along with the integration of advanced technology like artificial intelligence and machine learning, is fueling market growth. Furthermore, small-sized businesses and advanced delivery options are also propelling the sales of logistics robots. [Read more…] about Logistics robots market set to grow to almost $40 billion by 2033

mHUB investing $50 million to build ‘largest independent manufacturing center in America’

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Historic 80,000 sq ft facility in Chicago Near West Side Opportunity Zone will expand to make mHUB the ‘largest independent manufacturing center in US’

Manufacturing and “hardtech” innovation center, mHUB, is investing $50 million in the acquisition and build-out of a historic manufacturing facility within Chicago’s Kinzie Industrial Corridor on the city’s Near West Side.

The building is located within a designated Opportunity Zone and planned manufacturing district on a 2-acre site that will increase mHUB’s prototyping and testing facilities and office and convening spaces to become the largest independent manufacturing innovation center in the country.

Launched in 2017, mHUB has supported over 500+ startups and 200 manufacturers from all over the world that have created 5,000+ jobs and generated over $2.6 billion of economic activity. [Read more…] about mHUB investing $50 million to build ‘largest independent manufacturing center in America’

Advanced Robotics and Automation: Reducing Car Accidents and Saving Lives on the Road

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Car accidents are a leading cause of death and injury worldwide, with millions of people affected by them each year. Despite the best efforts of law enforcement, education campaigns, and technology advances, the numbers continue to rise.

However, recent developments in robotics and automation technology have the potential to reduce the frequency and severity of car accidents, ultimately saving lives on the road.

In this article, we will explore how these advancements are shaping the future of driving and creating safer roads for everyone. [Read more…] about Advanced Robotics and Automation: Reducing Car Accidents and Saving Lives on the Road

Exploring the Latest Trends in Botanical Extraction Equipment

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As the demand for botanical extracts continues to rise, the extraction industry is innovating at a rapid pace.

In this article, we will delve into the latest trends in botanical extraction equipment, discussing how these advancements are transforming the extraction process and the quality of the final product.  [Read more…] about Exploring the Latest Trends in Botanical Extraction Equipment

Historical textiles in focus: IDS provides technology to preserve priceless artefacts

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New approaches to investigate damage due to environmental fluctuation on textile artefacts by image processing

Preventive conservation plays an important role in the preservation of art and cultural assets. In order to preserve their condition for as long as possible, it is essential to slow down ageing processes and evaluate factors that alter materials.

To do this, it is necessary to grasp and have an holistic understanding of the artefact. Cultural heritage science and engineering methods for understanding material behaviour require an interdisciplinary approach.

Textiles are among the most sensitive art and cultural heritage objects. In the course of their production and handling, their presentation and storage, they are often exposed to influences that can have a damaging effect. [Read more…] about Historical textiles in focus: IDS provides technology to preserve priceless artefacts

How Danone created its new automated palletising system with Yaskawa

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When Yaskawa Southern Africa was contacted about Danone’s new automation project in Boksburg, the industrial robotics manufacturer teamed up with one of their preferred suppliers, Tectra Automation, a division of Bosch Rexroth, to offer a turnkey solution.

Yaskawa brought forward its automation expertise to Danone, answering the multinational’s challenge with additional lifting capacity and speed, thanks in no small part to its PL 190 palletising robots. [Read more…] about How Danone created its new automated palletising system with Yaskawa

ASRS revenue forecast to reach $1 billion in micro-fulfilment centers

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As retailers build micro-fulfilment centers (MFCs) to augment their distribution networks, automated picking solutions provide the speed and space maximization necessary for e-commerce efficiency and profitability.

According to a report by technology intelligence firm ABI Research, Automated Storage & Retrieval System (AS/RS) revenue within MFCs is expected to reach $1.2 billion by 2027, with uptake primarily seen in the grocery and Fast-Moving Consumer Goods (FMCG) industries.

Ryan Wiggin, supply chain management and logistics industry analyst at ABI Research, says: “The need for high-density storage and fast fulfillment capabilities allows technologies to scale down and enable a flexible, bespoke frontline distribution network. [Read more…] about ASRS revenue forecast to reach $1 billion in micro-fulfilment centers