Market trends and business perspectives
Industrial robotics and automation company Kuka has signed what it describes as a “strategic partnership” with Schüco.
The goal of the exclusive cooperation is the joint development and implementation of automation solutions for tomorrow’s production of windows, doors, and façades.
In the initial phase, the main focus of development is the production of aluminum windows and doors. [Read more…] about Kuka forms ‘strategic partnership’ with Schüco
Anki, a startup company which made robotic toy cars and trucks, is planning to close its doors, according to a report on the Recode website.
The company had raised more than $200 million in funding for the venture, and generated $100 million in revenue in 2017, but is now making all of its 200 employees redundant.
In a statement to Recode, the company says that it had been left “without significant funding” which meant it could not finance its hardware and software development plans going forward.
[Read more…] about Robotic toymaker Anki to close down
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