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economic

Governor Whitmer launches air corridor for drones in Michigan and Ontario

January 13, 2022 by David Edwards Leave a Comment

Governor Gretchen Whitmer has announced that Michigan and Ontario are collaborating on a “first-of-its kind technology initiative” involving unmanned aerial systems (UAS), more commonly known as drones.

This effort involves studying the feasibility of a commercial drone skyway in three proposed areas, including an international connection between Michigan and Ontario, southeast Michigan, and any other suitable location in the state.

Through the Michigan Department of Transportation (MDOT) and the Michigan Aeronautics Commission (MAC), the State of Michigan, with support from the Michigan Office of Future Mobility and Electrification (OFME), the Michigan Economic Development Corporation, and the Government of Ontario, through the Ontario Vehicle Innovation Network (OVIN), will explore whether small drones can be flown beyond the line of sight of a pilot and be used in operations like just-in-time delivery, medical transport, or other small-scale deployment of UAS. [Read more…] about Governor Whitmer launches air corridor for drones in Michigan and Ontario

Filed Under: Features, Infrastructure Tagged With: air, economic, future, michigan, mobility, ontario, ovin, state, technologies, transportation, vehicle

Wikifactory raises $4.5 million to expand its new design collaboration software

January 8, 2021 by David Edwards Leave a Comment

Wikifactory, an online collaboration platform for physical product design and development, has completed a “total upgrade” that it says will enable users the ability to make anything with nothing but a laptop and an internet connection.

Wikifactory says its new Collaborative CAD Tool with in-built chat will “transform the way products are made”, enabling designers, engineers, manufacturers and enterprise to collaborate remotely on virtually any CAD model, from concept through to finished prototype.

The new Collaborative CAD Tool allows product developers of all skill levels in virtually any industry to explore, review and discuss 3D models in over 30 file formats in real-time. [Read more…] about Wikifactory raises $4.5 million to expand its new design collaboration software

Filed Under: Design, News Tagged With: access, cad, collaboration, collaborative, developers, development, distributed, economic, global, growing, industry, manufacturing, model, online, peitersen, product, production, prototype, supply, system, tool, transformation, wikifactory

CFD Trading Market Prognosis For 2021

December 24, 2020 by Polly Leave a Comment

Regardless of whether you are starting your way in trading CFDs or you are already experienced in online CFDs trading, you have to figure out where the market goes in the coming year and beyond.

CFDs have grown a lot over the last decade and gained popularity amongst many investors as a way to deal with the volatility and make short-term investments with a relatively low initial capital.

Our partners from the Invesous.com platform prepared a detailed analysis of the market for 2021 so that you can get ready and get the most of your investments. [Read more…] about CFD Trading Market Prognosis For 2021

Filed Under: Economy, Promoted Tagged With: addition, bitcoin, Bitcoin Boom, bond, Bond Prices Decline, CFDs, course, economic, events, expected, Global Pandemic, going, Green Recovery, grow, hedging, market, negative, Negative Trends, optimistic, prices, prognosis, sectors, strategy, trading, trend, trump, uranium, Uranium Stocks, vaccine, wave

Sudden increase in air pollution threatens economic recovery, says report

September 4, 2020 by David Edwards Leave a Comment

There has been a sudden increase in air pollution which is threatening economic recovery in many countries, according to a new report by Centre for Research on Energy and Clean Air (CREA).

The environmental research organization estimates that “health damage from air pollution” has cost between 0.4 percent and 6 percent of annual GDP in the world’s leading cities in the first half of 2020.

By “health damage” CREA means such things as absence from work as a result of respiratory problems such as asthma, a particularly pertinent point at a time when a respiratory disease called coronavirus has ravaged the entire world’s population and caused untold economic damage. [Read more…] about Sudden increase in air pollution threatens economic recovery, says report

Filed Under: Economy, Features Tagged With: air, cities, cost, costs, crea, delhi, economic, economy, fossil, fuels, gdp, health, highest, levels, particles, percent, pm, pollution, recovery, respiratory

Japanese government urged to establish industrial espionage unit

August 27, 2020 by Mai Tao Leave a Comment

The Japanese government is being urged to establish an industrial espionage unit to try and stop spies stealing secrets relating to advanced technologies being developed by successful companies in the country. 

According to a report on the Nikkei Asian Review website, the Liberal Democratic Party, led by current Japanese President Shinzō Abe, is formulating a list of recommendations aimed at preventing industrial espionage against Japanese companies.

As quoted by Nikkei, Akira Amari, one of the LDP’s leading members, says: “The need for intelligence capabilities is broadening beyond sensitive military-related information to a wide range of private-sector data.” [Read more…] about Japanese government urged to establish industrial espionage unit

Filed Under: Economy, Features Tagged With: china, chinese, companies, company, country, dni, economic, espionage, industrial, intelligence, japan, japanese, nikkei, secrets, security, steal, supply, technology

German citizens to be given €1,200 a month for doing nothing

August 20, 2020 by David Edwards Leave a Comment

German citizens are to be given €1,200 a month, or about $1,400, for doing nothing in an experiment to evaluate the effects of a concept called “universal basic income”.

Universal Basic Income, or UBI, is an idea that has been around for many years, and has many supporters and advocacy groups around the world, but was never really taken seriously in the past.

The notion of the government giving everyone in society a fixed regular amount of money whether they work or not sounds like a communist plot to take over the world. [Read more…] about German citizens to be given €1,200 a month for doing nothing

Filed Under: Economy, Features Tagged With: basic, debate, economic, german, group, grundeinkommen, income, institute, mein, money, month, people, scheme, ubi, universal, website, years

Startup Veo Robotics named ‘Technology Pioneer’ by World Economic Forum

June 16, 2020 by David Edwards Leave a Comment

veo robotics montage

The World Economic Forum announced its selection of 100 of the most promising Technology Pioneers of 2020.

Many Technology Pioneers are using their tech to support Covid-19 responses around the world.

Veo Robotics, a startup company which develops software to enable industrial robots to work safely and efficiently alongside people to make manufacturing more flexible, was selected for its contributions in the field of industrial automation. [Read more…] about Startup Veo Robotics named ‘Technology Pioneer’ by World Economic Forum

Filed Under: Industrial robots, News Tagged With: community, economic, forum, pioneers, robotics, technology, veo

Support for Universal Basic Income growing as economies look to recover from coronavirus devastation

May 26, 2020 by Sam Francis 2 Comments

A couple of years ago, RoboticsAndAutomationNews.com published a story about Finland introducing a “Universal Basic Income” for a small number of its citizens as an experiment.

The Finnish government’s idea was that it would study the possibility of using UBI as a way to offset the unemployment caused by automation.

Although it was well worth reporting, we were somewhat flippant about UBI, suggesting it was a communist idea that would never take off. Finland, of course, was within the sphere of influence of the old Communist or Eastern Bloc, and the now-gone USSR. [Read more…] about Support for Universal Basic Income growing as economies look to recover from coronavirus devastation

Filed Under: Features Tagged With: basic, citizens, coronavirus, countries, economic, economy, idea, income, initiative, people, support, ubi

Manufacturing industry turning to robotics and AI in challenging economic landscape, says Deloitte

December 3, 2019 by Sam Francis Leave a Comment

The manufacturing industry is turning to robotics and artificial intelligence as well as a range of other strategies to navigate an increasingly challenging economic landscape, according to a report by Deloitte.

The management consultancy says that, as the risk of a global economic downturn grows, the industrial manufacturing industry faces a challenging landscape in 2020 replete with trade tensions, muted job growth, supply chain volatility and an ongoing skilled talent shortage.

Yet, despite these headwinds, industry leaders are rapidly developing coping strategies – not only to weather the brewing storm, but to thrive in spite of it. [Read more…] about Manufacturing industry turning to robotics and AI in challenging economic landscape, says Deloitte

Filed Under: Features, Industry Tagged With: build, challenging, companies, continue, deloitte, digital, economic, efforts, global, good, imports, increasingly, industrial, industry, key, landscape, manufacturers, manufacturing, momentum, months, partnerships, percent, production, risk, supply

US manufacturing output reaches ‘all-time high’

August 21, 2019 by David Edwards

Manufacturing output in the US has reached an “all-time high”, signaling the industry’s strength, according to the National Association of Manufacturers.

For the past two years, manufacturers have been setting new records when it comes to manufacturing output, and through the first quarter of 2019, the industry has continued to reach new heights.

Four out of five manufacturers remain positive about their company’s outlook, according to the National Association of Manufacturers’ latest Outlook Survey, and new Bureau of Economic Analysis data find that manufacturers’ level of output hit an all-time high once again. [Read more…] about US manufacturing output reaches ‘all-time high’

Filed Under: Manufacturing, News Tagged With: all-time, association, bureau, continued, economic, economy, goods, high, hit, industry, job, jobs, labor, manufacturers, manufacturing, moutray, nam, national, openings, outlook, output, quarter, records, sector, survey, trillion, workforce

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Latest news

  • Radial selects Covariant to automate e-commerce fulfillment with AI-powered robotics
  • Aerones demonstrates ‘first’ robot for wind turbine maintenance and repair
  • Electric Future: Two-wheels good, four wheels not so much
  • Electric Future: Battery production facilities bloom on both sides of the Atlantic
  • Electric Future: MIT showcases electric autonomous boat technology
  • Electric Future: Siemens providing software platform to support nascent electric airplane market
  • Electric Future: Stalled car revolution
  • Scythe Robotics secures $42 million new financing to accelerate production of zero-emissions autonomous mower
  • Mining robotics company Nabors acquires digital twin developer MindMesh
  • Lockheed Martin Ventures invests in on-demand manufacturing startup Machina Labs

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