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How These 4 Tax Implications Affect Automation Contracts

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Taxes and automation might not seem connected, but they intersect in surprising ways. Contracts involving robotics introduce unique financial considerations, especially with independent contractors or freelancers.

Tax implications aren’t just legal obligations; they influence decision-making in drafting agreements. Businesses must factor in how tax codes treat equipment usage, R&D credits, and even foreign partnerships.

What about individual workers managing 1099s for tech-driven gigs? Or companies grappling with compliance as their workforce evolves alongside innovation? The automation era transforms how taxes work. [Read more…] about How These 4 Tax Implications Affect Automation Contracts

Scythe Robotics secures $42 million new financing to accelerate production of zero-emissions autonomous mower

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Scythe Robotics, a startup company developing advanced, commercial-grade autonomous solutions for the professional landscape industry, has raised $42 million in Series B financing.

The round was led by Energy Impact Partners and included additional new investors ArcTern Ventures, Alumni Ventures, and Amazon’s Alexa Fund alongside participation from existing investors True Ventures, Inspired Capital and more.

The funding will help Scythe meet demand for the more than 7,500 reservations for its all-electric, fully autonomous M.52 mower placed by commercial landscape businesses nationwide. This financing round brings the company’s total capital raised to date to $60.6 million. [Read more…] about Scythe Robotics secures $42 million new financing to accelerate production of zero-emissions autonomous mower

RC Mowers introduces new autonomous mowing robot for landscaping industry

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RC Mowers, a manufacturer of robotic mowers, has launched a new autonomous mowing robot line to “help landscaping contractors reduce labor needs and scale their businesses to manage fewer employees while improving mowing profitability”.

Tim Kubista, vice president of sales and marketing for RC Mowers, says: “RC Mowers’ Autonomous Mowing Robot is a revolutionary product that directly addresses the labor availability problems in the landscaping industry.

“With our autonomous mowers, landscape contractors can reduce the number of employees needed to handle mowing jobs. Our AMR’s allow one operator to generate the same revenue as a crew of three. [Read more…] about RC Mowers introduces new autonomous mowing robot for landscaping industry

Scythe Robotics receives 7,000 orders for its autonomous law mowers

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Scythe Robotics has received 7,000 orders for its autonomous law mowers, according to a report The Denver Post website.

The startup company says it plans to expand its manufacturing facility in Colorado to be able to handle the orders, adding that its mowers have received strong interest from all across the United States.

Scythe Robotics specializes in building commercial-grade autonomous robotic solutions for the landscaping industry, and its first offering is an all-electric, fully autonomous mower, designed completely in-house. [Read more…] about Scythe Robotics receives 7,000 orders for its autonomous law mowers

Scythe Robotics launches with $18.6 million funding to ‘transform commercial landscaping with autonomous mower’

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Scythe Robotics, a builder of commercial-grade autonomous robotic solutions for the landscaping industry, has emerged from stealth with its first offering: an all-electric, fully autonomous mower, designed completely in-house to be “the most advanced, reliable, and sustainable commercial-grade mower in the industry”.

Scythe has also completed its $13.8 million in Series A funding led by Inspired Capital with participation from existing investors True Ventures, Zigg Capital, and Lemnos, bringing the company’s total funding to $18.6 million.

The new investment will be used to grow the company’s existing operations in Texas, Florida and Colorado, expand with new customers, and accelerate development of further products to revolutionize how commercial landscape contractors care for outdoor environments. [Read more…] about Scythe Robotics launches with $18.6 million funding to ‘transform commercial landscaping with autonomous mower’

Komatsu develops electric mini excavator

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Komatsu Ltd has unveiled its electric mini excavator, based on its accumulated technological expertise of hybrid construction equipment and electric forklift trucks.

Equipped with an in-house developed new charger, high-voltage converter and other devices, it offers excavation performance on a par with the internal combustion model of the same power output, while achieving zero exhaust gas emissions and a dynamic reduction in noise levels.

Komatsu expects a wider range of applications for this machine, including construction work near hospitals or schools or in residential areas, where contractors pay special attention to exhaust gas and noise during work, as well as inside tunnels or buildings.

[Read more…] about Komatsu develops electric mini excavator