Robotics & Automation News

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Worldwide installations of automated guided vehicles at seaports to exceed 150,000

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Seaports globally have increased their automation solutions or kickstarted automation initiatives to mitigate port congestion.

Equipment like gantries, automated port gates, stacking cranes, and horizontal transport solutions, such as automated guided vehicles (AGVs) that transport containers and loads to and from ships, have been the most productivity-enhancing solutions in seaports.

According to ABI Research, a global technology intelligence firm, worldwide AGV deployments in seaports will have a compound annual growth rate of over 26 percent from 2022 to 2027 and exceed 150,000 global deployments by 2027. [Read more…] about Worldwide installations of automated guided vehicles at seaports to exceed 150,000

MORAI showcases autonomous vehicle driving simulator

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MORAI, a developer of autonomous vehicle simulation technology in Korea, has showcased its MORAI SIM Drive, its “true-to-life autonomous vehicle driving simulator” at the recent CommunicAsia 2022 trade event.

As a part of the region’s flagship tech event, Asia Tech x Singapore, CommunicAsia is Asia’s most established and relevant international industry event for the telecommunications sector, showcasing the latest ICT technologies.

This year, the event was held from June 1 to 3 at Singapore Expo and MORAI demonstrated its latest autonomous driving simulation technology. [Read more…] about MORAI showcases autonomous vehicle driving simulator

Lenovo opens first European manufacturing facility in Hungary

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Computer giant Lenovo has officially opened the doors to its first in-house manufacturing facility in Europe.

Based in Ullo, Hungary, the factory focuses primarily on building server infrastructure, storage systems and high-end PC workstations used by customers throughout the Europe, Middle East, and Africa region.

Extending Lenovo’s international manufacturing operations, the investment represents significant economic potential for both the private and public sectors in Hungary, with increased production capacity, greater potential for collaboration with local vendors, and the creation of new job openings. [Read more…] about Lenovo opens first European manufacturing facility in Hungary

Hai Robotics raises more than $100 million in D+ financing round

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Hai Robotics, the developer of its own Autonomous Case-handling Robot (ACR) systems for warehouse logistics, has raised more than $100 million in a D+ round of financing.

The lead investor is Capital Today, and co-investors include a top US dollar fund and existing shareholders including 5Y Capital, Source Code Capital, Sequoia Capital and 01VC.

This is the third round of financing it has obtained within the past 12 months. [Read more…] about Hai Robotics raises more than $100 million in D+ financing round

Danfoss and RISE Robotics collaborate on new innovation to ‘accelerate electrification of heavy machinery’

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Danfoss Power Solutions and RISE Robotics have signed a collaboration agreement to jointly validate and test a key innovation that has the potential to transform the heavy machinery market through electrification.

Danfoss Power Solutions, a global supplier of mobile and industrial hydraulics as well as electric powertrain systems, and RISE Robotics, a leading zero-emission heavy machinery company, have formalized their collaborative relationship.

The two businesses have signed an agreement to work together to validate the latest electromechanical actuator technology from RISE. [Read more…] about Danfoss and RISE Robotics collaborate on new innovation to ‘accelerate electrification of heavy machinery’

Industrial robot costs to drop by half in the next three years

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Karthee Madasamy, founder and managing partner at MFV Partners

According to ARK Invest research, industrial robot costs will drop by 50-60 percent by 2025. This dramatic drop in costs, combined with other factors such as the global pandemic’s acceleration of industries embracing automation, has resulted in a situation where interest in robotics has reached a fever pitch.

In fact, in the first year of the pandemic venture firms poured $6.3 billion into robotics companies, up nearly 50 percent from the $4.3 billion they invested over the same period a year earlier.

Further, in North America, industrial robot sales had their strongest year ever in 2021. With this activity it’s not surprising that the global market is forecasted to reach $31 billion by 2028. [Read more…] about Industrial robot costs to drop by half in the next three years

Faccin Group opens new USA headquarters in Texas

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Faccin USA, a Faccin Group company, a global manufacturer of metal bending machines, is expanding its footprint within the US market with the opening of its new headquarters in Addison, Texas.

The expansion is focused on increasing and facilitating customer service and spare parts delivery.

The new facilities, located at 4270 Kellway Circle in Addison, Texas, mark the group’s continued global growth and development. [Read more…] about Faccin Group opens new USA headquarters in Texas

Pitney Bowes and Ambi Robotics sign $23 million deal to optimize last-mile sorting across US hubs

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Pitney Bowes, a global logistics company, and Ambi Robotics, a developer of robotic sorting systems for supply chain operations, have agreed a $23 million implementation expansion of AmbiSort systems in Pitney Bowes’ e-commerce hubs across the US.

The AI-powered robotics will help Pitney Bowes speed parcel sortation to last-mile delivery providers, while improving productivity, accuracy and worker safety as the company’s shipping and e-commerce businesses surpass 50 percent of total revenue.

Pitney Bowes will make the investment in Robot as a Service (RaaS) fees over the next four years. [Read more…] about Pitney Bowes and Ambi Robotics sign $23 million deal to optimize last-mile sorting across US hubs

Global semiconductor manufacturing equipment sales surge 44 percent to record $103 billion

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Worldwide sales of semiconductor manufacturing equipment in 2021 surged 44 percent to an all-time record of $102.6 billion from $71.2 billion in 2020, SEMI, the industry association representing the global electronics product design and manufacturing supply chain, reported.

The data is now available in SEMI’s Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.

China claimed the largest market for semiconductor equipment for the second time with sales expanding 58 percent to $29.6 billion to mark the fourth consecutive year of growth. [Read more…] about Global semiconductor manufacturing equipment sales surge 44 percent to record $103 billion

Car Exports 101

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The automotive industry is a vital part of the global economy, and the export of cars is a significant contributor to this.

There are several reasons countries export cars. For example, a country may have a surplus of cars that it cannot sell domestically, or it may seek to take advantage of attractive foreign markets.

Whatever the reason, exporting cars can be a complex process, and there are a number of things that need to be taken into consideration. [Read more…] about Car Exports 101