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Kinova raises $48 million in new financing

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Kinova, a privately-held Canadian developer of robotic solutions for the medical and industrial markets, has raised investments totaling C$40 million ($32 million), led by Graham Partners with the participation of Export Development Canada.

The robotics company is also pleased to announce the prior closing of an agreement with the Government of Canada under the Strategic Innovation Fund for a total of C$20 million ($16 million).

These investments will accelerate the development and commercialization of Kinova’s solutions. In addition, the Canadian robot maker will use the funds to augment engineering resources to meet the demands of global customers. The new products for the industrial markets will be announced later in 2022. [Read more…] about Kinova raises $48 million in new financing

New soft robot morphs from a ground to air vehicle using liquid metal

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Imagine a small autonomous vehicle that could drive over land, stop, and flatten itself into a quadcopter. The rotors start spinning, and the vehicle flies away.

Looking at it more closely, what do you think you would see? What mechanisms have caused it to morph from a land vehicle into a flying quadcopter? You might imagine gears and belts, perhaps a series of tiny servo motors that pulled all its pieces into place.

If this mechanism was designed by a team at Virginia Tech led by Michael Bartlett, assistant professor in mechanical engineering, you would see a new approach for shape changing at the material level. [Read more…] about New soft robot morphs from a ground to air vehicle using liquid metal

Humans and robots find synergy working at Hyundai Card factory

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When you think of robots, what comes to mind? Big factory machinery or humanoids from a science fiction movie?

At the Hyundai Card headquarters located in the finance center of Seoul, employees and robots work together to create synergy. As a leading financial technology company, Hyundai Card has continuously increased robots within the work place. [Read more…] about Humans and robots find synergy working at Hyundai Card factory

‘We wrote the playbook’: Michigan reinvents itself as the global capital of autonomous mobility

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The US state of Michigan is reinventing itself as the global capital of autonomous mobility. From opening an air corridor for drones to building a stretch of road on which electric vehicles can charge themselves wirelessly as they move along, the state is creating an ecosystem which could become something of a template for the rest of America.

Michigan is, as most readers will know, the state in which Detroit is located. Detroit, the most populous city in the state, is the historic centre of the modern global automotive industry, or “Motor Town” as it was famously called many decades ago, inspiring the name “Motown” for the even more famous record label.

And while it may have lost some of its industrial status in recent decades, Detroit still provides homes and office space to some of the largest automotive companies in the world: Ford, General Motors, Mercedes-Benz USA, Fiat Chrysler Automobiles, and a whole range of automotive components, systems and parts manufacturers. [Read more…] about ‘We wrote the playbook’: Michigan reinvents itself as the global capital of autonomous mobility

Worldwide silicon wafer shipments and revenue ‘set new records in 2021’

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Worldwide silicon wafer shipments and revenue “set new records in 2021”, according to a new report by semiconductor manufacturing industry association SEMI. 

SEMI says that worldwide silicon wafer area shipments in 2021 increased 14 percent while wafer revenue rose 13 percent compared to 2020, topping $12 billion, to reach new “all-time highs”.

The study was produced by the SEMI Silicon Manufacturers Group as part of its year-end analysis of the silicon wafer industry. [Read more…] about Worldwide silicon wafer shipments and revenue ‘set new records in 2021’

Companies and Climate Change: The Interrelation

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Globalization has brought in a drastic shift in the preferences, choices, and tastes of the people. With a vast range of options available in almost every sector of society, people have an option to pick and choose according to their convenience.

However, amidst all these progressions and advancements, it is imperative to remember that all the goods and resources that we use in our daily lives are a product of different manufacturing industries.

Since the demands and expectations from the market have grown, industry and company owners have also equipped themselves with high functioning and reliable technologies that produce optimum results in a minimum span of time. On the other hand, our world is being extremely ignorant of a looming threat that will eventually affect our ecosystem in more ways than one. [Read more…] about Companies and Climate Change: The Interrelation

LinkMisr Shares How Warehouse Automation Transforms Operations

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By Thomas R. Cutler

One of the benefits of warehouse automation includes increasing speed. Automated systems instantly identify the locations of all items in a particular order increasing speed.

Warehouse automation systems optimize routes and maximize productivity during the product retrieval process. Warehouse automation speeds up inventory management processes by using the technology to automatically count items.

Maximizing space is another advantage in automating warehouses. Utilizing lift trucks that complete product retrieval and storage tasks reduce the need for wide aisles that accommodate large pallets and pallet jacks and workers. [Read more…] about LinkMisr Shares How Warehouse Automation Transforms Operations

The Importance of IT Service Management: A Big-Picture Look

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In today’s society, technology is a cornerstone of any company. Having a system for planning and organizing technology will make your business run more efficiently. It also means you’ll have happier customers, vendors, and employees at the end of your workday.

On the other hand, if your IT department is a mess with unfulfilled customer and employee service requests, you could be in hot water.

Fortunately, resources like Beyond20 ServiceNow IT service management services can help you meet the demand if you’re struggling with IT service management. That said, here’s your big-picture, brass-tacks look at why IT service management matters. [Read more…] about The Importance of IT Service Management: A Big-Picture Look

Magazino provides its Soto warehouse robot to automotive giant ZF

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Germany-based robotics company Magazino has won an order from automotive technology giant ZF Friedrichshafen for a pilot project with its Soto robot.

The mobile robot Soto automates material supply between the warehouse and the assembly line and transports small load carriers (KLT) completely autonomously.

The pilot project started at the Friedrichshafen site in the transmission assembly for commercial vehicles and offers both sides the opportunity to gain experience with the robot for live operation. [Read more…] about Magazino provides its Soto warehouse robot to automotive giant ZF

Facebook files patent for robotic eyeball

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Social media giant Facebook has filed a patent for a robotic eyeball, according to a report on Gizmodo.com.

The “mechanical eyeball” is said to feature human-like abilities and can be integrated to humanoid or other types of robots.

Why Facebook, which recently rebranded itself as Meta, is developing a robot eyeball is subject to considerable speculation. [Read more…] about Facebook files patent for robotic eyeball