Robotics & Automation News

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XPO Logistics pilots autonomous forklift truck technology in partnership with Balyo and Linde

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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 – under real-life conditions. The pilot is underway at an XPO distribution center near Blois, France.

Malcolm Wilson, XPO’s chief executive officer – Europe, says: “We’re pleased that our on-site tests will help optimize intelligent reach trucks for the logistics environment. As we pilot the robotics in our operations, we’re also exploring these applications to increase efficiency for customers and to support our employees.” [Read more…] about XPO Logistics pilots autonomous forklift truck technology in partnership with Balyo and Linde

SEMI Technology Unites Global Summit to Spotlight Digital Transformation, Microelectronics Industry Innovation and Growth

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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 the entire electronics design and manufacturing value chain for the latest developments, trends and innovations in key areas of industry growth including smart mobility, smart medtech, and MEMS and sensors. Registration is open.

Semiconductors are revolutionizing the way people work and live by driving innovation across smart technologies including artificial intelligence (AI), Internet of Things (IoT), 5G and quantum computing and industries such as transportation and healthcare. [Read more…] about SEMI Technology Unites Global Summit to Spotlight Digital Transformation, Microelectronics Industry Innovation and Growth

Oqton raises over $40 million investment for its digital manufacturing platform

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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 and Ben Schrauwen – and several angel investors, including Carl Bass, who is the former CEO Autodesk, Dries Buytaert, of Drupal and Acquia, and Peter Mercelis, of Layerwise, also participated in the round.

The financing will be used to further develop its platform, while expanding its commercial partnerships in multiple domains and verticals, including additive manufacturing, robotic welding, and CNC machining. [Read more…] about Oqton raises over $40 million investment for its digital manufacturing platform

Toyota and Mazda to invest extra $830 million into US factory

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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 billion.

The original plan, announced a couple of years ago, forecast investment to be $1.6 billion, and production was scheduled to start in 2021. Now, says Nikkei, production is expected to start in 2022. [Read more…] about Toyota and Mazda to invest extra $830 million into US factory

Mitsubishi and NTT take 30 per cent stake in HERE Technologies

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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 Holding in the Netherlands.

As a result, HERE now has nine direct and indirect shareholders: Audi, Bosch, BMW Group, Continental, Intel Capital, Mitsubishi, Mercedes-Benz, NTT and Pioneer.​ [Read more…] about Mitsubishi and NTT take 30 per cent stake in HERE Technologies

Hitachi completes acquisition of JR Automation

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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 the integration process leading to the closing, working together to ensure a “seamless transition” for their customers. [Read more…] about Hitachi completes acquisition of JR Automation

Continental opens new tire plant in Mississippi

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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 members, customers, and suppliers as well as 250 Continental employees joined the event.

The new plant is located on a 1,000-acre greenfield site in Clinton, close to Jackson, the capital of Mississippi, United States. [Read more…] about Continental opens new tire plant in Mississippi

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