Robotics & Automation News

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BrainBox AI raises $24 million to expand into building automation

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BrainBox AI, specialising in autonomous building technology, has raised $24 million to implement its technology in the built environment and develop its next phase of innovation.

The first close of its Series A round includes new lead investor, ABB, and investments by Esplanade Ventures and Desjardins Capital.

BrainBox AI offers predictive and self-adaptive artificial intelligence to optimize buildings’ energy usage, carbon footprint, and operational efficiency. [Read more…] about BrainBox AI raises $24 million to expand into building automation

How to protect webcam systems

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Here’s a look at how business owners can protect the webcam system in their restaurant, café, or hotel from hackers.

How to Protect Webcam Systems

These days, webcam surveillance systems are pretty much everywhere. Restaurants, cafés, hotels, and other tourism-related spots now have webcams going 24/7.

Some even broadcast the footage live online. This practice gained a lot of popularity during the pandemic as well, as the hospitality industry suffered. It’s so commonplace now that the practice has become known as taking a “digital staycation”. [Read more…] about How to protect webcam systems

Path Robotics raises $56 million to ‘lead American manufacturing into the future’

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Path Robotics, the Columbus, Ohio-based artificial intelligence and robotics company responsible for designing “the world’s first truly autonomous robotic welding system”, has received $56 million dollars in Series B funding, bringing the total invested in the company to $71 million.

Investment company Addition led the round and was joined by returning investors Drive Capital, Basis Set, and Lemnos Lab.

Lee Fixel of Addition says: “Path Robotics is solving a complex and critical problem in our country by bridging the gap between the supply of skilled welders and demand. [Read more…] about Path Robotics raises $56 million to ‘lead American manufacturing into the future’

Omron releases new 3D vision sensor for robot arms

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Omron has released its new FH-SMD Series 3D Vision Sensor, which can be mounted on a robot to recognize randomly placed bulk automotive parts in three dimensions, enabling space-saving assembly, inspection, and pick and place, which are difficult with conventional robots, and improving productivity.

Production workers are hard to come by these days, and labor costs have risen sharply, says Omron. Manufacturers are now facing intense pressure to automate processes that rely on the senses of experienced human workers.

Moreover, production workers now need to work harmoniously with machines to raise productivity amid the Covid-19 crisis. In particular, the automotive industry requires vision sensors as the eyes of robots that are indispensable for automation because it is difficult for machines to recognize positions and postures of various complex shaped parts. [Read more…] about Omron releases new 3D vision sensor for robot arms

AI Trends in Cybersecurity May Present Job Insecurity in the Industry

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The cybersecurity industry is trending upwards. More people are sharing sensitive data online, which entices criminals to find new ways to attack internet users.

Every industry faces change, but the change the cybersecurity industry is facing may threaten job security.  [Read more…] about AI Trends in Cybersecurity May Present Job Insecurity in the Industry

Geek+ launches new virtual booth

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Warehouse robotics company Geek+ has launched its next-gen virtual booth, saying it’s the company’s latest effort to provide customers with knowledge and access to the technologies that will allow them to make added-value decisions in a time of current global change and remote work.

In the new virtual space Geek+ will support visitors with online applications for customized solutions, a great visual experience, and easy access to product materials.

Geek+, the largest manufacturer of autonomous mobile robots, says its virtual space allows visitors to experience robotics automation in a dynamic digital environment and provides them with the tools to make informed decisions on automation, in a time of urgency. [Read more…] about Geek+ launches new virtual booth

Walmart’s doubling of online sales to boost warehouse robotics sector

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Walmart has reported that its e-commerce sales have almost doubled as a result of the coronavirus lockdown forcing everyone to lock themselves up at home as often as possible and shopping online.

The company reported a staggering 97 percent increase in online sales for its second quarter, total revenue of almost $138 billion, which is an increase of $7.4 billion overall across internet and in-store sales.

Additionally, Walmart’s marketplace has also seen a doubling in the number of sellers included, to more than 50,000. [Read more…] about Walmart’s doubling of online sales to boost warehouse robotics sector

BP’s sale of its petrochemicals business suggests big oil is trying to become big electric

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BP recently sold its petrochemicals business for $5 billion to Ineos, a move which suggests that “big oil” companies are trying to become “big electric” suppliers.

The Wall Street Journal says the sale was the “largest deal by an oil major since the coronavirus outbreak gripped the global economy”.

WSJ says the transaction would enable BP to different itself from its rivals, many of which are forecasting significant growth for the segment and don’t look like they want to sell or leave the petrochemicals sector. [Read more…] about BP’s sale of its petrochemicals business suggests big oil is trying to become big electric

Einride partners with Oatly to electrify transport

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Strategic partnership with Einride makes Oatly one of the world’s first to electrify transportation on commercial routes

Einride, a Swedish technology company that designs and develops technology for freight mobility, is partnering with Oatly, an oat drink company, to transition to a sustainable transport solution with all-electric vehicles in the Swedish market.

The partnership will commence in fourth quarter of 2020 in Sweden, making Oatly one of the world’s first companies to electrify transportation on commercial routes, according to the two partners.

With electric trucks, Einride will support the transport of Oatly’s finished oat-based products from their production facilities in Sweden, to intermediate destinations within the market. [Read more…] about Einride partners with Oatly to electrify transport

Global robotics market predicted to triple to $275 billion by 2025

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The global robotics market is predicted to triple to $275 billion by 2025, according to analysis of International Federation of Robotics data by DC Advisory.

The investment bank calculates that the market was worth approximately $98 billion in 2018.

DC Advisory says changing consumer market has driven manufacturers and logistics companies to adopt new methods of production and distribution – chiefly the new generations of robotics and automation technology. [Read more…] about Global robotics market predicted to triple to $275 billion by 2025