Robotics & Automation News

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Doosan Robotics breaks South Korean record with annual sales of more than 1,000 collaborative robots

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Doosan Robotics announced it has become South Korea’s first to achieve an annual sales record of 1,000 units for collaborative robots, also known as “cobots”.

Established in 2015, Doosan Robotics has manufactured cobots using proprietary technology and has maintained the position of number one market share holder in Korea since 2018.

Doosan Robotics has also performed remarkably in global markets, becoming the first Korean company to be named as one of world’s top five cobot manufacturers. [Read more…] about Doosan Robotics breaks South Korean record with annual sales of more than 1,000 collaborative robots

Apex.AI raises $56.5 million in Series B fundraising round

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Apex.AI, a company developing breakthrough safety-certified software for mobility and autonomous applications, has raised $56.5 million in a Series B fundraising round, bringing the total raised to date to $74 million.

The Series B round was led by Orillion, and included new participation from ZF, Continental, AGCO, Canaan, Lightspeed Venture Partners, Airbus Ventures, Jaguar Land Rover’s InMotion Ventures and others.

Other investments previously announced include Volvo Group Venture Capital, Toyota Ventures and HELLA Ventures, which further form Apex.AI’s world-class group of investors. [Read more…] about Apex.AI raises $56.5 million in Series B fundraising round

5 Ways Automating the Manufacturing Process can Save you Money

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When technological advancements began, the global population worried that it would eliminate the need for employees. That being true, it also brought along easy ways of production and reduction of operational costs.

Manufacturing is an industry that is growing fast and becoming more competitive. Manufacturers keep an eye out for methods that accelerate production, lower costs, and maintain quality.

Automating the manufacturing process can save you business funds in the following ways. [Read more…] about 5 Ways Automating the Manufacturing Process can Save you Money

Top robotics companies to invest in right now

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Given the current global climate, there has never been a better time to invest in robotic and artificial intelligence stocks.

Robotics and the increasing use of automation represent some of the most exciting invest opportunities for traders in the coming years.

The makers of robotics understand this and know there is a need to improve the efficiency of production in several sectors of the overall economy. [Read more…] about Top robotics companies to invest in right now