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Fugro’s robotic space operations complex to be located in Perth, Australia

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Fugro has confirmed that its Australian Space Automation, Artificial Intelligence and Robotics Control Complex (SpAARC) will be located in the heart of downtown Perth’s central business district.

Housed in Western Australia’s largest telecommunications exchange, and thanks to an ongoing partnership with Telstra, Fugro’s world-class facility will manage robotics and remote operations in Australia, around the world and in space.

SpAARC will support the translation of terrestrial capabilities into space, while also providing innovative remote solutions here on earth. [Read more…] about Fugro’s robotic space operations complex to be located in Perth, Australia

ForwardX Robotics raises $31 million in Series C funding round

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ForwardX Robotics, a Beijing-based developer of autonomous mobile robots for warehousing and manufacturing environments, has completed its initial Series C1 funding round, raising $31 million.

The initial round was led by Taikang Life Insurance, with Qualcomm Ventures and Starlight Capital also contributing to the round.

Only seven months after the close of its $63 million Series B round, the latest round of funding brings ForwardX to approximately $100 million in total investment since its founding in 2016. [Read more…] about ForwardX Robotics raises $31 million in Series C funding round

Kärcher and Brain Corp debut industry’s ‘first professional robotic vacuum’

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Brain Corp, a provider of software for industrial floor cleaning robots, has launched its “first professional autonomous vacuum cleaner”, the Kira CV 60/1.

The new machine is a joint development with Kärcher, one of the world’s leading providers of cleaning technology.

The two companies say the Kira device is built to help businesses clean smarter than ever before, the autonomous vacuum is the first robotic machine released in partnership between Brain Corp and Kärcher. [Read more…] about Kärcher and Brain Corp debut industry’s ‘first professional robotic vacuum’

Foxconn invests in wireless power startup’s $25 million Series B funding round

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Powermat Technologies, a wireless power technology startup, says Foxconn has made a “significant investment” as part of a $25 million Series B round.

Foxconn Interconnect Technology, the contract manufacturing giant’s connectivity solutions developer,took part in the funding round along with Hudson Sustainable Group, a founding shareholder of Powermat.

Powermat’s innovative wireless power technology is a critical enabler of the smart mobility, autonomous robotics, industrial drones, medical devices, telecom, and internet of things industries, where Powermat is experiencing exponential growth. [Read more…] about Foxconn invests in wireless power startup’s $25 million Series B funding round

Sarcos Robotics ‘merges’ with Rotor Acquisition

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Shareholders in Rotor Acquisition, a publicly-traded special-purpose acquisition company, have approved what’s being described as a “business combination” – possibly meaning a merger – with Sarcos Robotics, a maker of exoskeletons.

Upon completion of the transaction, subject to the satisfaction of certain customary closing conditions, Rotor will change its name to Sarcos Technology and Robotics Corporation.

The post-closing company’s common stock and warrants are expected to commence trading on the Nasdaq under the ticker symbols “STRC” and “STRCW” respectively. [Read more…] about Sarcos Robotics ‘merges’ with Rotor Acquisition

Vicarious Surgical shares start trading on NYSE

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Shares in Vicarious Surgical, a robotics technology company seeking to improve both cost and efficiency of surgical procedures as well as patient outcomes, have started trading on the New York Stock Exchange.

The shareholders of D8 Holdings Corp approved the move in September and the initiative is expected to provide approximately $220 million in gross proceeds to fund the further development and planned commercialization of the company’s single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery.

Following the close of the transaction, the combined company will be renamed “Vicarious Surgical Inc”. [Read more…] about Vicarious Surgical shares start trading on NYSE

DHL Supply Chain accelerates roll-out of autonomous forklifts with largest single implementation

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DHL Supply Chain has introduced its largest ever single implementation of autonomous forklifts to date, with 15 embedded in its warehouse operations at Tyrefort, United Kingdom.

The autonomous forklifts form part of DHL’s operation for a major customer in the automotive sector, taking over picking, put-away and replenishment of products and empty media in the warehouse. The vehicles reduce the number of manual pallet transfers without requiring significant changes in warehouse infrastructure.

The indoor robotics transporters work safely up to 11.5 metres high – believed to be a first in the logistics industry – easily reaching the highest warehousing racks to handle a range of pallets, stillages and waste cages. [Read more…] about DHL Supply Chain accelerates roll-out of autonomous forklifts with largest single implementation

Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

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The global market for Advanced Driver Assistance Systems (ADAS) is projected to be valued $63 billion by 2024, according to a report by Accurize Market Research. 

The sector is expected to see a compound annual growth rate of 10.7 percent from 2017 to 2025.

Advanced driver assistance systems, or ADAS, are systems developed to automate, adapt, and enhance vehicle systems for safety and improved driving to assist the driver in the driving procedure. [Read more…] about Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

Supply chain automation startup Symbotic valued at $5.5 billion

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Symbotic, a robotics and automation technology platform for the supply chain, and SVF Investment Corp 3, a special purpose acquisition company sponsored by an affiliate of SoftBank Investment Advisers, have agreed a definitive merger agreement expected to make Symbotic a public company listed on Nasdaq.

Upon completion of the merger, which is expected in the first half of 2022, the combined company will operate under the “Symbotic Inc” name and will trade on Nasdaq under the ticker symbol “SYM”.

Symbotic is a product movement technology platform that is adaptable to a wide range of use cases. The company says it has “rebuilt the traditional warehouse”, using a fleet of autonomous robots with artificial intelligence-enabled software, to create a “first of its kind” physical structure that can power a customer’s entire supply chain technology platform. [Read more…] about Supply chain automation startup Symbotic valued at $5.5 billion

Mercedes-Benz receives ‘world’s first internationally valid system approval’ for conditionally automated driving

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Mercedes-Benz says it has become the first automotive company in the world to meet the demanding legal requirements of UN-R157 for a Level 3 system.

The German Federal Motor Transport Authority (KBA) has granted system approval for this on the basis of the technical approval regulation UN-R157, thus paving the way for offering such a system internationally, provided that national legislation allows it.

Germany has taken a pioneering role in this with the opening of the Road Traffic Act (StVG) for Level 3 systems in 2017. [Read more…] about Mercedes-Benz receives ‘world’s first internationally valid system approval’ for conditionally automated driving