Robotics & Automation News

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Fanuc plans to double Michigan campus to accommodate ‘automation demand’

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Fanuc, the world’s largest manufacturer of industrial robots, has launched a West Campus expansion that will push its operational space in Oakland County, Michigan to nearly two million square feet.

The construction will include a 655,000 square foot state-of-the-art facility to house manufacturing, engineering and R&D projects.

This investment in Michigan’s growing manufacturing area includes the purchase of 67 acres of land as well as the site of the former Thomas M. Cooley Law School Campus, which will provide future growth in the education of the next generation of robotics and automation workers. [Read more…] about Fanuc plans to double Michigan campus to accommodate ‘automation demand’

ABB opens $100 million global innovation and training campus for machine automation at B&R in Austria

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ABB opened its new global innovation and training campus at the headquarters of B&R in Eggelsberg, Austria, its global center for machine and factory automation. B&R is a subsidiary of ABB. 

The new campus will create up to 1,000 additional high-tech jobs and includes world-class research and development laboratories, as well as global training facilities for up to 4,000 people per year in collaboration with universities. ABB invested EUR 100 million ($103 million) in the expansion of the B&R headquarters.

Campus innovations around artificial intelligence and machine and factory automation will play an essential role in unlocking the potential of future industrial production – in sectors such as electronics, e-mobility, food and beverage, recycling, logistics, or agriculture. [Read more…] about ABB opens $100 million global innovation and training campus for machine automation at B&R in Austria

DMG MORI building Africa’s first machine tool factory

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DMG MORI, a manufacturing technology company with 12,000 employees in 87 countries and $2 billion in annual sales revenues, is building what it says is “Africa’s first machine tool factory” in Cairo, Egypt.

The decision was formally made at a meeting with Egypt’s President Abdel Fattah El-Sisi. In the presence of Prime Minister Dr Mostafa Madbouly, the company’s chairman, Christian Thönes, and AOI President Lt Gen Abdel Moneam Al Tarras signed the “pioneering cooperation agreement”.

Christian Thönes, chairman of DMG MORI Aktiengesellschaft, says:“Egypt is the door to Africa – a continent full of potential and high demand for future technologies. [Read more…] about DMG MORI building Africa’s first machine tool factory

Volkswagen enters global electric vehicle battery business

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Volkswagen has broken ground for its first battery production factory in Salzgitter, Germany last week in the presence of Chancellor Olaf Scholz.

Production will start in 2025. With immediate effect, responsibility for global battery business is to be held by the newly created company “PowerCo”. In addition to cell production, the new company will be responsible for activities along the entire battery value chain.

Up to 2030, PowerCo is to invest more than €20 billion together with partners in the development of the business area, to generate annual sales in excess of €20 billion and to employ up to 20,000 people in Europe alone. [Read more…] about Volkswagen enters global electric vehicle battery business

Hyundai and Kia to develops mobile robots for space exploration

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South Korean automotive giants Hyundai and Kia have agreed a partnership to develop robotic technology for space exploration.

The two companies say they “are now expanding their vision beyond the bounds of Earth and into space” are specifically concentrating on robotics and Advanced Air Mobility (AAM).

Hyundai and Kia recently signed joint research agreements with six Korean research institutes and formed a consultative body to develop mobility solutions to explore the surface of the moon. This follows Korea’s successful launch of a domestically produced rocket in June. [Read more…] about Hyundai and Kia to develops mobile robots for space exploration

Global Money Transfer: Past, Present and Future

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In a world where people are increasingly mobile, the need for efficient and cost effective methods of transferring money internationally is greater than ever.

Global money transfer has come a long way in recent years, with new technologies and services emerging to make the process easier than ever. But what does the future hold for global money transfer?

In this blog post, we will take a look at the past, present and future of global money transfer, and explore some of the key trends that are shaping this industry. [Read more…] about Global Money Transfer: Past, Present and Future

Pony.ai and SANY to mass produce autonomous trucks

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Pony.ai, an autonomous driving technology company, has formed a strategic joint venture with SANY Heavy Truck, a subsidiary of SANY Heavy Industry, a Chinese heavy equipment manufacturer and the third largest heavy equipment manufacturer globally.

Pony.ai and SANY say they will collaborate to create a “world-leading autonomous truck brand”.

The two companies say they will “deeply integrate” Pony.ai’s “virtual driver” with SANY’s technical accumulation in the field of wire-controlled chassis and vehicle development to jointly develop high-end heavy trucks that are automotive-grade and have L4-class redundancies. These trucks will inaugurate the future of truck logistics transportation.

The joint venture plans to start small-scale deliveries of the robotrucks in 2022 and 2023. Mass production of the L4 truck will commence in 2024 and within a few years will reach an annual production of around 10,000 trucks. [Read more…] about Pony.ai and SANY to mass produce autonomous trucks

The future of Crypto: What’s Next?

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At the start of 2022, we have seen crypto investors on edge. The price seemed to be leading the token Bitcoin in the market. We have seen the growth at a considerable pace of 61 per cent, while the next Crypto-ETH gave 409 per cent in the country.

It helped many leading coins start the trend downward on November 21, which can assist in correcting the correction. As it turned out, we can see a much more favourable market gaining momentum in 21. It was able to gain a promising trend in the market that gave the start of 2022.

The stock market gained a good tip owing to the surging inflation. The invasion of Russia in Ukraine gave a tremendous challenge to the market. Crypto soon had to follow the suit that went on five things at a faster pace and gain the 500 periods in the time. You can visit the site – official bitcoin evolution to learn more. [Read more…] about The future of Crypto: What’s Next?

Apptronik raises $15 million for its humanoid robots

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Apptronik, an Austin-based robotics company specializing in the development of exoskeletons and collaborative robotics systems, says it raised $14.6 million in a Seed Round, including Capital Factory, Grit Ventures, Perot Jain and other strategic investors.

This funding will go toward fulfilling the company’s current customer orders while accelerating the commercialization of one of the industry’s first mass-produced humanoid robots capable of working alongside humans.

Apptronik is positioned to scale its deep portfolio of safe, intelligent, versatile, and adaptable robotic technology for unstructured environments across enterprises. [Read more…] about Apptronik raises $15 million for its humanoid robots

5 Popular NFT Cryptocurrency to Invest in 2022

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NFT cryptocurrencies are beginning to dominate the blockchain world. With more and more organizations looking to integrate NFTs into their business models, it’s no surprise that many newcomers are eager to jump in at the ground level of what is sure to be a fast-growing industry.

We’ve assembled a list of 5 popular NFT cryptocurrencies you may want to invest in this year. [Read more…] about 5 Popular NFT Cryptocurrency to Invest in 2022