Robotics & Automation News

Where Innovation Meets Imagination

current

Medical robotics startup Clarapath raises $32 million in additional funding

by

Clarapath, a robotics startup aimed at catalyzing change in the way pathology laboratories process human and animal tissues, has undertaken follow-on financing, extending its Series B round with an additional $15.5 million in funding, following the previous close of $16 million in Series B funding.

The round included The 4100 Group (the investment arm of Delta Dental), East Post Road Ventures (the investment arm of White Plains Hospital), Epiphron Capital, Northwell Ventures, P5 Health Ventures, and participation from other strategic organizations.

This brings the total raised to date by Clarapath to more than $38 million. [Read more…] about Medical robotics startup Clarapath raises $32 million in additional funding

Fanuc and Rockwell Automation launch robotics and automation apprenticeship programs

by

Fanuc America and Rockwell Automation have formed a coalition to introduce accelerated work and learn apprenticeship programs designed to “upskill current and future workers for jobs in advanced manufacturing, robotics and automation”.

The coalition includes APT, a Fanuc and Rockwell Automation systems integrator, and NOCTI Business Solutions, which provides independent assessments of occupational standards and validation using recognized International Organization for Standardization (ISO) process validation methods.

Franklin Apprenticeships is also a key partner of the coalition, ensuring apprenticeship support structure and success enablers for employers and apprentices. [Read more…] about Fanuc and Rockwell Automation launch robotics and automation apprenticeship programs

Berkshire Grey valued at $2.7 billion after merger with Revolution Acceleration

by

Berkshire Grey, a developer of integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition, a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion.

Founded in 2013 by the current chief executive officer, Tom Wagner, PhD, the former chief technology officer at iRobot, BG is a pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate business operations in warehouses and logistics fulfillment centers.

The company’s solutions help retailers and logistics companies meet the exponential growth of e-commerce and ever-increasing consumer demands. BG’s management, engineering, and commercial teams each have extensive robotics expertise and deep industry experience. [Read more…] about Berkshire Grey valued at $2.7 billion after merger with Revolution Acceleration

Top robotics companies to invest in right now

by

Given the current global climate, there has never been a better time to invest in robotic and artificial intelligence stocks.

Robotics and the increasing use of automation represent some of the most exciting invest opportunities for traders in the coming years.

The makers of robotics understand this and know there is a need to improve the efficiency of production in several sectors of the overall economy. [Read more…] about Top robotics companies to invest in right now

Automating Performance Metrics: Start with Demand and Inventory Forecasting

by

By Mike Mills, Director, Business Consulting, Blue Ridge

2021 is the year when companies need earlier insights into new market opportunities, including what items consumers want, on what channel, how much they should stock, and how much they will pay for these products.

The ability to compete in new areas with this level of agility will be the key to unraveling chaos. As e-commerce continues to threaten the market with competitive products that are available nearly instantly, shifting consumer trends can make stocking shelves even more challenging.

Two-thirds of distributors, retailers, and manufacturers report that transportation, labor, and goods were rising more quickly than in previous years. Automation has become a full imperative; Covid has magnified the need. [Read more…] about Automating Performance Metrics: Start with Demand and Inventory Forecasting

Business Management: Using Current Tech to Your Advantage

by

Technology is revolutionizing our personal and business lives. There is always new software emerging that can make your life easier, as well as solve problems you currently face.

If you are willing to make the investment, you can take advantage of current technology and upgrade your business. [Read more…] about Business Management: Using Current Tech to Your Advantage

4 Tips to Enhancing Productivity in Manufacturing

by

The manufacturing industry is critical to the global economy. Imagine a world where no one produces flat screen TVs, automobiles, or ballpoint pens.

It’s so hard to overlook the fact that everything that we have ever bought at the mall and used at the office are made at factories producing such goods everyday.

You know this if you are the owner and manager of a manufacturing facility. You need to ensure that the supply chain is fed and consumers get the items they need or want. [Read more…] about 4 Tips to Enhancing Productivity in Manufacturing

Foxconn moving operations out of China

by

Foxconn, one of the most well known Chinese manufacturing companies as a result of its status as main supplier for Apple, is moving significant parts of its operations outside of China.

The company, which according to TechSpot reported almost $800 million net profit for the quarter ending in June, has already moved an additional 5 percent of its operations to countries other than China, bring it up to 30 percent, compared with 25 percent last year.

China is still overwhelmingly the main base for Foxconn’s manufacturing operations, representing some 70 percent of its production capacity, but the company is scouting many locations abroad. [Read more…] about Foxconn moving operations out of China

Automation and digitalization ‘competitive edge in volatile market’, says Siemens

by

Automation and digitalization “offer a significant competitive edge in a volatile market environment”, according to Siemens.

Europe’s largest engineering company says the current situation creates major challenges for industrial companies worldwide – and shows that digitalized and highly automated production is more important than ever when it comes to gaining a competitive edge.

This is the only way that companies can react to current and future challenges with the required degree of flexibility, says Siemens. [Read more…] about Automation and digitalization ‘competitive edge in volatile market’, says Siemens

Swiss micro-technology trade show EPHJ to go ahead despite coronavirus

by

The EPHJ Trade Show – for the watchmaking, jewellery, and micro- and medical technologies sectors – says it is “stepping up to the plate” for the relaunch of the economy, confirming that its 2020 edition will take place from 15 to 18 September this year.

Having been obliged to postpone its 2020 edition to September due to Covid-19, the largest annual trade fair in Switzerland will in fact take place this year in Geneva to contribute to the recovery of all the high-precision sectors.

Alexandre Catton, director of EPHJ, says: “We have held widespread discussions over the past few weeks with numerous exhibitors to obtain as accurate picture as possible of the situation on the ground. [Read more…] about Swiss micro-technology trade show EPHJ to go ahead despite coronavirus