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economy

automatica trade show ‘on course for growth’ despite weak economy

January 22, 2025 by David Edwards

Preparations for the next automatica – one of the largest trade fairs for smart automation and robotics – are in full swing. From June 24 to 27, 2025, automatica will bring industry and research together in six exhibition halls and offer an unparalleled overview of the latest topics and innovations.

In June, the focus will be on technical solutions and exchanging ideas on digitalization and AI, sustainable production, and the future of work.

Anja Schneider, exhibition director, says: “automatica is thus addressing highly relevant issues that the industry is intensively concerned with. The high demand we are experiencing proves that we have our finger on the pulse with these topics.” [Read more…] about automatica trade show ‘on course for growth’ despite weak economy

Filed Under: Features, Industry Tagged With: automatica, economy, growth, robotics, show, trade, weak

What happened to Germany? Manufacturing giant crumbles before our eyes

January 15, 2025 by David Edwards

Germany, often hailed as Europe’s economic powerhouse, is grappling with a significant downturn in its manufacturing sector. Once the cornerstone of its robust economy, manufacturing is now facing serious challenges that threaten the stability of the wider economy.

Germany is of particular interest to this website for obvious reasons. Apart from Japan, Germany has shown itself – or at least the manufacturing sector has shown itself – to be the most highly proficient at using robotics and automation technologies. That’s our opinion anyway.

And while China may have overloaded the world with manufactured products in every category you can imagine, German products still inspire confidence in people who appreciate precision, quality and originality. [Read more…] about What happened to Germany? Manufacturing giant crumbles before our eyes

Filed Under: Economy, Features Tagged With: decrease, downturn, economy, german, germany, manufacturing, political, problems, woes

RoboForce raises $10 million to build robots for solar and space industries

January 7, 2025 by Mark Allinson

RoboForce, the world’s most advanced “Robo-Labor” provider, today announced it has raised $10 million early stage funding with support from investors such as Nobel Laureate Myron Scholes, co-founder of Softbank VC (SBVC) Gary Rieschel, and Carnegie Mellon University.

With this funding, RoboForce is emerging from stealth as it prepares to deploy its Robo-Labor this year for early customers, for whom robots can fulfill labor shortages in harsh outdoor conditions, complete the most hazardous tasks in dangerous work environments, and maximize project efficiency and cost savings.

With 1mm accuracy in performing fine motor skills like picking, placing, pressing, twisting and connecting, the Robo-Labor has all-terrain mobility, precise manipulation, learning, communication, and safety compliance capabilities. RoboForce’s robots are unparalleled in the emerging field of AI robotics. [Read more…] about RoboForce raises $10 million to build robots for solar and space industries

Filed Under: News, Space Tagged With: economy, funding, robo-labour, roboforce, robotics, solar, space

Downtown Skyport to become new operator for Manhattan Heliport

December 24, 2024 by Anika Haque

The New York City Economic Development Corporation (NYCEDC) has selected Downtown Skyport as the new operator of the Downtown Manhattan Heliport (DMH) following a Franchise and Concession Review Committee FCRC public hearing approval.

Following a competitive Request for Proposal RFP process, Downtown Skyport will take over management of DMH to continue existing operations and upgrade the City-owned heliport to provide the supporting infrastructure for electric vertical take-off and landing eVTOL aircraft, as well as last-mile maritime freight delivery.

In November 2023, Mayor Adams and NYCEDC announced a new vision of transforming the heliport into a sustainable, multi-modal transportation and logistics hub. [Read more…] about Downtown Skyport to become new operator for Manhattan Heliport

Filed Under: Aircraft, News Tagged With: downtown, economy, heliport, industry, manhattan, nycedc, skyport

Personal Financial Strategies with Ethereum in a Borderless World

October 2, 2024 by Mark Allinson

Ethereum, often dubbed the world computer, stands as one of the paramount pillars in the digital economy. Its significance is amplified when viewed through the lens of a borderless world, where financial and technological boundaries are increasingly blurred.

As we stand on the precipice of decentralized finance, understanding Ethereum becomes crucial.

In addition, if you are looking for a website that helps people learn about investments by connecting them with investment education companies that can help them receive the right information, you may visit https://ethereumcode.app/. [Read more…] about Personal Financial Strategies with Ethereum in a Borderless World

Filed Under: Technology Tagged With: borderless, digital, economy, ethereum, financial, personal, strategies, world

4 Tips to a More Sustainable Tech Business

August 13, 2024 by David Edwards

The tech industry is supposed to be at the forefront of sustainability efforts. The public and private sectors look to it for solutions that help reduce carbon emissions and eco-friendly innovations.

The main problem is that adopting sustainable practices remains elusive in the tech sector where the consumption of energy remains constant.

That doesn’t mean tech startups should overlook sustainability initiatives. They can still develop and introduce new products and services without any adverse impact on the environment. [Read more…] about 4 Tips to a More Sustainable Tech Business

Filed Under: Business Tagged With: business, circular, economy, energy, invest, optimize, renewable, sustainable, tech, tips

The Bitcoin’s Role in Digital Economy Explained Succinctly

June 11, 2024 by Mark Allinson

In a world driven by digitalization, Bitcoin emerges as a transformative force reshaping the economic landscape. From its inception to its current influence, Bitcoin’s journey is one of innovation and disruption.

This article delves into Bitcoin’s pivotal role in the digital economy, exploring its impact on financial markets, financial inclusion, and technological innovation.

BTC has changed the dynamics of the investment landscape and is still a favorite asset of many investors. Get further details about BTC and investing strategies to make a difference in the way you invest. [Read more…] about The Bitcoin’s Role in Digital Economy Explained Succinctly

Filed Under: Technology Tagged With: bitcoin, digital, economy

TXI lends weight to America’s ‘Titanium Economy’

October 13, 2023 by Mark Allinson

Q&A with Jason Hehman, Client Partner at TXI

Popularized by the bestselling book of the same name, written by three McKinsey analysts, “The Titanium Economy” refers to “a group of companies (that) could consistently outperform the market, create millions of high-quality American jobs and lead technological innovation while building a more sustainable future”.

Such companies already exist, say the authors. They are part of what they called “the Titanium Economy”, a cohort of industrial technology companies that are “redefining the future of US manufacturing”.

One company which could be described as being an integral part of the Titanium Economy is TXI, a digital product innovation firm composed of strategists, designers, and engineers. Below is a Q&A with one of those people. [Read more…] about TXI lends weight to America’s ‘Titanium Economy’

Filed Under: Economy, Features Tagged With: design, digital, economy, innovation, product, titanium, txi

Carnegie Mellon builds killer robot to save economy

September 5, 2023 by David Edwards

A team from Carnegie Mellon University’s Robotics Institute has developed an autonomous robot to find and kill dangerously spotted lanternflies before they’re even born. Spotted lanternflies are invasive insects known to destroy economically important crops. (See video below.)

TartanPest uses an all-electric tractor, a robotic arm and computer vision to traverse fields and forests while it detects and destroys spotted lanternfly egg masses.

The egg masses – which contain 30-50 eggs and are often found on trees, rocks, outdoor furniture and rusty metal surfaces – are laid in the fall and hatch in the spring, birthing a new generation of the pests each year. [Read more…] about Carnegie Mellon builds killer robot to save economy

Filed Under: Features, Research Tagged With: alex, all-electric, arm, carnegie, carolyn, costs, created, crops, economy, egg, farm-ng, farmers, lanternflies, lanternfly, masses, mellon, robot, robotic, robotics, saving, spotted, surfaces, tartanpest, team

Qcells investing $2.5 billion in US solar power manufacturing facility

February 15, 2023 by Mai Tao

Qcells is building a solar power manufacturing facility in Georgia, US, with a historic investment of $2.5 billion.

This is believed to be the largest solar investment in US history and will offer significant benefits to the state and national economies.

Gray Construction, a specialist builder in the manufacturing industry, and Stantec, an expert in sustainable design, were selected to provide construction, architecture, mechanical, electrical, plumbing engineering, structural, civil engineering, as well as environmental, water, and wastewater services. [Read more…] about Qcells investing $2.5 billion in US solar power manufacturing facility

Filed Under: Features, Infrastructure Tagged With: economy, engineering, facility, georgia, global, gray, investment, manufacturers, manufacturing, production, pv, qcells, solar, stantec, states, supply, united

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