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Severstal invests in robotics to automate advanced composites manufacturing with Airborne

January 21, 2020 by David Edwards Leave a Comment

Severstal, one of the world’s largest vertically integrated steel and mining companies, has invested in Dutch company Airborne, a developer of robotic and digital automation platforms for the production of composite parts and products with integrated composites.

Severstal joins other investors in this investment round, including Pangaea Ventures, the leading advanced materials venture capital fund, and SABIC, the world’s third largest diversified chemical company.

Airborne has developed and brought to market a unique set of digital technologies that increase the efficiency of carbon fiber composite production by automating the production process. [Read more…] about Severstal invests in robotics to automate advanced composites manufacturing with Airborne

Chinese exporters accuse Trump of not playing by the rules

May 7, 2019 by Mai Tao

Chinese export companies have strongly criticized President Donald Trump for deciding to increase tariffs on imports into the US by another 10 percent, bringing them up to 25 percent for hundreds of billions of dollars’ worth of manufactured goods.

Comments reported by the South China Morning Post say Chinese exporters are decrying Trump as a business “killer” who “never plays by the rules”.

One exporter, Liao Yu, who produces bags and suitcases, said: “A 25 per cent [tariff] will kill everyone.”

[Read more…]

Trump to raise tariffs on China goods to 25 percent

May 6, 2019 by Mai Tao

US President Donald Trump is preparing to raise tariffs on Chinese imports to 25 percent from the current 15 percent.

The levies will affect approximately $350 billion worth of Chinese exports to America.

Trump made the announcement through Twitter. He tweeted: “For 10 months, China has been paying tariffs to the USA of 25 percent on $50 billion dollars of high-tech, and 10 percent on $200 billion of other goods.

[Read more…]

SoftBank to buy Boston Dynamics, the maker of those unnervingly realistic humanoid and canine robots

June 9, 2017 by Sam Francis

SoftBank, the maker of the Pepper and Nao humanoid robots, has reached a deal to buy Boston Dynamics, the robotics business owned by Alphabet, the parent company of Google.

Some of the robots Boston Dynamics has been building a wide range of robots, some of which are humanoid, others canine and one or two wheeled – or a hybrid of these structures.

But whatever robots the company has made, they’ve been widely acclaimed as having some of the most realistic movements and best balance of any robots made anywhere – watching them move can be quite unnerving because they move almost exactly like humans or canines. [Read more…] about SoftBank to buy Boston Dynamics, the maker of those unnervingly realistic humanoid and canine robots

Investing in robotics: Established companies or startups?

October 4, 2016 by Sam Francis

midea-kuka — Picture courtesy: Caixin Online

In this part of our series of articles about investing in robotics and automation, Brian Gahsman, managing partner and chief investment officer at GBSfunds, explains what type of robotics and automation enterprises his company, Gahsman Branton, is interested in investing in

Check out realtime stock prices for companies in the robotics, automation and relating computing sectors

Robotics and Automation News: Are you mainly looking at investing in established companies or startups?

Brian Gahsman: Actually both. There is a great number of publicly traded companies in this space with established earnings and the leaders make a solid foundation of the holdings in my strategy. That being said, even these established companies began as startups in the not so distant past.

I believe that robotics and automation in itself is currently in its infancy stage so maintaining a solid blend of micro-cap, small cap, mid-cap and large cap stocks is the only way to assure my strategy as a whole rides the same wave as the technological evolution that it is based on. [Read more…] about Investing in robotics: Established companies or startups?