Robotics & Automation News

Market trends and business perspectives

exoskeleton

Hyundai unveils wearable exoskeleton as part of a range of robotics developments

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Hyundai Motor Group is developing a range of robotics technologies which the company says it will roll out over the next year or two. 

Hyundai has developed a new “Vest EXoskeleton” (VEX), a wearable robot created to assist industrial workers who spend long hours working in overhead environments.

The VEX enhances productivity and reduces fatigue of industrial workers by imitating the movement of human joints to boost load support and mobility. [Read more…] about Hyundai unveils wearable exoskeleton as part of a range of robotics developments

Global wearable robotic exoskeleton market forecast to grow to $4 billion

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The global wearable robotic exoskeleton market is forecast to grow to more than $4 billion by the end of 2026 and record annual growth of 43.1 per cent during the forecast period of 2019-2026.

At present advancement in Artificial Intelligence and robotics is enabling wearable robotic exoskeleton development primarily for logistics, medical and engineering commitments due to limited battery support capabilities.

However wearable robotic exoskeleton can be applied in a wide range of industries capable of augmenting the growth of the global wearable robotic exoskeleton market. [Read more…] about Global wearable robotic exoskeleton market forecast to grow to $4 billion

Industry group developing standards for exoskeletons

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ASTM International, formerly known as American Society for Testing and Materials, is developing global standards for exoskeletons.

The group’s proposed “Exoskeletons Guide” aims to provide tools that help assess and ultimately improve the usefulness and usability of exoskeletons and exosuits.

Kevin Purcell, an ergonomist at the US Army Public Health Center’s Aberdeen Proving Ground, says: “Exoskeletons and exosuits can open up a world of possibilities, from helping workers perform industrial tasks while not getting overstressed, to helping stroke victims learning to walk again, to helping soldiers carry heavier rucksacks longer distances. [Read more…] about Industry group developing standards for exoskeletons

Exoskeleton market projected to grow to $6 billion

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The current robotics limelight tends to focus on the ability of new innovations to automate tasks, but a less publicized development is taking place whereby passive exoskeletons have been slowly deployed and adopted to help augment the capability of human workers.

Exoskeleton popularization through passive suits will provide a base for increased resources for powered suits, which will eventually provide significant augmentative capability to the industrial workforce.

By 2028, global Exoskeleton revenues will reach $5 billion with hundreds of thousands of active exoskeletons being deployed, according to ABI Research. The research consultancy’s findings are on its report, Exoskeletons for Industrial Use Cases.

[Read more…] about Exoskeleton market projected to grow to $6 billion

Ekso Bionics in $100 million joint venture to develop the exoskeleton market in Asia

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Ekso Bionics, Inc. is to establish a joint venture to develop and serve the exoskeleton market in China and other Asian markets and to create a global exoskeleton manufacturing centre.

It will partner with Zhejiang Youchuang Venture Capital Investment Co., Ltd (ZYVC) and Zhejiang Silicon Paradise Asset Management Group.

The joint venture will develop, sell and support exoskeleton products into China, Hong Kong, Singapore, and Malaysia, and will be capitalized at greater than $100 million over its term.

[Read more…] about Ekso Bionics in $100 million joint venture to develop the exoskeleton market in Asia

Comau launches exoskeleton for factory workers

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Comau has released the first Muscular Aiding Tech Exoskeleton – MATE, which is a lightweight, passive, portable upper-limb exoskeleton.

Released in China, it was developed in collaboration with ÖSSUR, an Icelandic leading non-invasive orthopedic company, and IUVO, a spin-off company of the Italian BioRobotics Institute specialized in wearable technologies.

MATE can reproduce shoulder movement with joint axes parallel to the user’s shoulder axes, providing effective gesture support and stable movement assistance to reduce the burden of repetitive tasks.

[Read more…] about Comau launches exoskeleton for factory workers

German Bionic to present its first robot exoskeleton for industrial IoT

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Robotics specialist German Bionic is to present the first connected robot exoskeleton for use with the industrial internet of things, at the Hannover Messe industrial technology show.

The German Bionic IO cloud platform connects the third generation of the Cray X exoskeleton with all common enterprise solutions and networked manufacturing systems, enabling complete integration into “smart factory” and Industry 4.0 environments.

Besides cloud services such as wireless software updates – over the air – and predictive maintenance, German Bionic IO facilitates the continuous optimization of the intelligent control system through machine learning and lays the data-scientific foundation for the next development stages of bionics.  [Read more…] about German Bionic to present its first robot exoskeleton for industrial IoT

Roam Robotics secures $12 million investment led by Yamaha Motor

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Roam Robotics, a company building robotic exoskeletons for everyday people as they live, work and play, has completed a $12 million Series A round of funding.

Yamaha Motor led the investment round with participation from existing and new investors Boost VC, Heuristics Capital Partners, Menlo Ventures, R7 Partners, Spero Ventures, Valor Equity Partners, and Venture Investment Associates. Collectively these investors bring a wealth of experience in robotics, hardware, and consumer startups.

Tim Swift, Roam founder and chief executive officer, says: “Roam exists to change the boundaries of human mobility.  [Read more…] about Roam Robotics secures $12 million investment led by Yamaha Motor

Sarcos Robotics says it has overcome ‘major obstacle’ to commercial deployment of its exoskeletons

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Sarcos Robotics says it has overcome a “major obstacle” to the commercial deployment of its exoskeletons.

Sarcos says a number of significant technology advancements for its highly anticipated Guardianä XO Max full-body, powered industrial exoskeleton robotic system.

The company, which plans to start shipping the Guardian XO Max to customers in early 2020, has completed the assembly of the world’s first all-electric, battery-powered, full-body industrial exoskeleton capable of enabling a human operator to safely lift and manipulate up to 200 pounds for extended work sessions.  [Read more…] about Sarcos Robotics says it has overcome ‘major obstacle’ to commercial deployment of its exoskeletons

Comau launches ‘lightweight, wearable’ exoskeleton for workers

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Industrial automation company Comau has launched its first “innovative wearable exoskeleton” for industrial workers.

The exoskeleton, called “Mate”, has been designed to improve work quality in an efficient and highly ergonomic manner by providing consistent and advanced movement assistance during repetitive as well as daily tasks, says Comau.

The “Mate Fit for Workers” exoskeleton, to give the device its full name, uses an advanced spring-based passive structure.  [Read more…] about Comau launches ‘lightweight, wearable’ exoskeleton for workers