Robotics & Automation News

Market trends and business perspectives

expected

Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

by

Universal Robots has helped Vietnam-based Vinacomin Motor Industry Joint Stock Company “future-proof” its production processes with collaborative robots.

VMIC is a subsidiary of the Vinacomin Group, a state-owned coal and mining giant.

VMIC, one of the first state-owned manufacturers to deploy cobots, has seen productivity increase two to three times, with improved product quality, leading to a 50 to 60 percent rise in orders. [Read more…] about Universal Robots ‘future-proofs’ production processes at Vietnamese manufacturer with collaborative robots

Magna signs first complete vehicle manufacturing joint venture in China

by

Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation.

The transaction, which is pending regulatory approval and other closing conditions, is expected to close in the fourth quarter of 2019.

The joint venture, which is to be controlled by an affiliate of the BAIC Group, is Magna’s first investment in a complete vehicle manufacturing facility outside Europe.

[Read more…] about Magna signs first complete vehicle manufacturing joint venture in China

Raytheon and United Technologies aerospace businesses to merge

by

Raytheon Company and United Technologies have entered into an agreement to combine in an all-stock merger of equals.

The transaction will create a premier systems provider with advanced technologies to address rapidly growing segments within aerospace and defence.

The merger of Raytheon, a leading defence company, and United Technologies, a leading aerospace company, comprised of Collins Aerospace and Pratt & Whitney, will offer a complementary portfolio of platform-agnostic aerospace and defence technologies.

[Read more…] about Raytheon and United Technologies aerospace businesses to merge

HPE to acquire supercomputer manufacturer Cray for $1.3 billion

by

Hewlett Packard Enterprise has reached an agreement to acquire Cray, the manufacturer of supercomputing systems.

HPE says the acquisition will cost $35 per share, in a transaction valued at approximately $1.3 billion, net of cash.

Antonio Neri, president and CEO, HPE, says: “Answers to some of society’s most pressing challenges are buried in massive amounts of data. [Read more…] about HPE to acquire supercomputer manufacturer Cray for $1.3 billion

RIA publishes new technical report on collaborative robots

by

The RIA R15.06 Standards Committee has finalized Technical Report R15.806-2018 to address the test methods and metrics for measuring pressure and force associated with quasi-static and transient contact events of collaborative applications.

A collaborative robot, or cobot, is a type of robot intended to physically interact with humans in a shared workspace. Collaborative robots are experiencing rapid market growth.

According to Markets and Markets research, the collaborative robots market is expected to reach a value of $4.28 billion by 2023, growing at an astounding 56.94 percent compound annual growth rate.

[Read more…] about RIA publishes new technical report on collaborative robots

Mitsubishi Electric takes a stake in Realtime Robotics

by

Mitsubishi Electric Corporation has taken an equity stake in Realtime Robotics, Inc. a U.S. technology startup that develops and commercialises motion-planning technologies.

Motion planning is the process of calculating and determining the optimised path that a robot should take to reach a goal without colliding with any obstacle. Realtime Robotics’ motion path planning solution performs the necessary calculations in real time.

Funding by Mitsubishi Electric is expected to accelerate the development of industrial robot systems offering enhanced safety and performance.

[Read more…] about Mitsubishi Electric takes a stake in Realtime Robotics

UTC begins work on hybrid electric aeroplane

by

United Technologies (UTC) has recently launched the advanced projects group within the company, which moves at speed to build and pilot ambitious product and service demonstrators.

The group’s first product demonstrator is a hybrid-electric X-plane under the project name, Project 804.

The number “804” represents the straight-line mileage between the Pratt & Whitney facility in Longueuil, Québec, and the Collins Aerospace facility in Rockford, Illinois.

[Read more…] about UTC begins work on hybrid electric aeroplane

Samsung Electronics to invest $115 billion in logic chip businesses by 2030

by

Samsung Electronics, a world leader in advanced semiconductor technology, will invest KRW 133 trillion (US$115 billion) by 2030 to strengthen its competitiveness in System LSI and Foundry businesses.

The investment plan is expected to help the company to reach its goal of becoming the world leader in not only memory semiconductors but also logic chips by 2030.

The company also plans to create 15,000 jobs in R&D and production to bolster its technological prowess.

[Read more…] about Samsung Electronics to invest $115 billion in logic chip businesses by 2030