Tag: executive
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Sunflower Labs provides its security drone system to range of new customers
Sunflower Labs, a provider of autonomous security systems, has installed its Beehive System to its partners’ facilities. The customers include ADT, 10 Federal Self Storage, Swiss Federal Railways, Security Robotics Development & Solutions, and Gerald R. Ford International Airport, Grand Rapids, Michigan. The Sunflower Labs’ Beehive System is a drone-in-a-box solution that can enhance and…
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XPO Logistics pilots autonomous forklift truck technology in partnership with Balyo and Linde
XPO Logistics, a global provider of transport and logistics solutions, has embarked on a new autonomous forklift truck technology pilot program in collaboration with Balyo, a specialist developer of robotics for goods handling equipment. XPO is the first logistics company in Europe to test Balyo’s latest robotic “reach truck” – referring to its higher reach…
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SEMI Technology Unites Global Summit to Spotlight Digital Transformation, Microelectronics Industry Innovation and Growth
Global industry executives from all seven SEMI regions will gather online for the inaugural SEMI Technology Unites Global Summit, February 15-19, 2021, for keynotes on the power of technology to unite the world and insights on how the microelectronics industry can shape the digital future. The virtual event will connect industry leaders and stakeholders across…
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Oqton raises over $40 million investment for its digital manufacturing platform
Oqton, an American-Belgian software company specialising in artificial intelligence-powered solutions for the manufacturing industry, has raised more than $40 million in a Series A financing round, led by Fortino Capital, a leading B2B software investor, by PMV, the regional Flemish investment fund, and by Sandvik, a global engineering group. The founding team – Samir Hanna…
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Toyota and Mazda to invest extra $830 million into US factory
Japanese automakers Toyota and Mazda are planning to invest an additional $830 million into a manufacturing facility in the US, according to a report on Nikkei Asian Review. The Mazda Toyota Manufacturing site in Huntsville, Alabama will build sports utility vehicles and the total investment in the facility is estimated to be more than $2.3…
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Mitsubishi and NTT take 30 per cent stake in HERE Technologies
HERE Technologies says Mitsubishi Corporation and Nippon Telegraph and Telephone Corporation have completed their joint acquisition of a 30 per cent ownership stake in the company, after receiving regulatory approvals. HERE welcomes Mitsubishi and NTT as strategic investors. The two companies have co-invested in HERE via their recently established, jointly owned holding company COCO Tech…
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Hitachi completes acquisition of JR Automation
Hitachi has completed the acquisition of the robotic system integration business mainly operated by JR Automation from funds managed by Crestview Partners. The agreement to acquire JR Automation was announced on April 23, 2019 and the companies have now brought this deal to a successful conclusion. JR Automation and Hitachi have been closely engaged throughout…
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Continental opens new tire plant in Mississippi
Continental, technology company and manufacturer of premium tires, celebrated what it describes as “a major milestone” for its new tire plant near Clinton, Mississippi, with a grand opening ceremony last week. The celebration marks the completion of the construction process, which began in 2016. Approximately 300 guests, including state and local officials, along with community…