Where Innovation Meets Imagination
Refraction AI, the robotics startup and creator of the REV-1 autonomous delivery robot, has raised $4.2 million in new seed funding led by Pillar VC.
The company says the capital will be used for customer acquisition, geographic expansion and product development.
Founded in July 2019, Refraction AI solves last-mile delivery logistics with a practical, economical and sustainable application of mobile robot technology. [Read more…] about Delivery robot company Refraction AI raises $4.2 million
Haberkorn supplies industrial and construction companies with health and safety equipment, lubricants and technical products such as hoses, machine elements and hydraulics.
Skilled advisors, product services and a special understanding of the procurement markets across all ranges – this is what makes Haberkorn an all-round expert. It also saves its customers time and money by using e-business and logistics solutions.
Established in 1932, this family-run company is based in Wolfurt, in the westernmost Austrian province of Vorarlberg. [Read more…] about Ergonomically optimised industrial work benches
Elementary Robotics, a rapidly-growing AI vision startup, has unveiled what it claims is the first AI camera system for cloud-based inspection.
The new system, which combines software, deep learning AI, and camera systems make it “faster and easier” for manufacturers to use.
The company also appointed Monique Apter as EVP of sales and marketing and Milind Karnik as EVP of engineering. [Read more…] about Elementary Robotics unveils ‘industry’s first’ cloud-based AI camera system
Berkshire Grey, a developer of integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition, a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion.
Founded in 2013 by the current chief executive officer, Tom Wagner, PhD, the former chief technology officer at iRobot, BG is a pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate business operations in warehouses and logistics fulfillment centers.
The company’s solutions help retailers and logistics companies meet the exponential growth of e-commerce and ever-increasing consumer demands. BG’s management, engineering, and commercial teams each have extensive robotics expertise and deep industry experience. [Read more…] about Berkshire Grey valued at $2.7 billion after merger with Revolution Acceleration
Hitachi has launched a new industrial edge computer. The “Hitachi Industrial Edge Computer CE series Embedded AI model” was developed in collaboration with Intel.
The product, an integration of Intel’s artificial intelligence technology and Hitachi’s control system design and manufacturing technologies, is a new model that incorporates an image analysis execution platform using AI and deep learning.
Through providing this product, Hitachi contributes to the expansion of digital transformation, such as streamlining and automating tasks that rely on visual checks (the inspection process for finished products in the manufacturing industry) and solving management challenges using on-site data. [Read more…] about Hitachi launches new industrial edge computer
Dematic has completed a new automated distribution centre for the Landmark Group in Dubai, UAE, allowing the multinational retailer to consolidate the logistics activities for part of its five existing manual distribution sites.
Mihin Shah, chief supply chain officer of Landmark Group, says: “The automation solution designed by Dematic allows our supply chain network to now operate with enhanced efficiency, productivity and transparency.
“With this investment, we are advancing technological progress and taking a pioneering position in our region.” [Read more…] about Dematic automates Landmark Group’s main distribution centre
Coop, one of the leading food retailers in Sweden, has chosen SSI Schaefer as its general contractor for intralogistics to provide a highly automated logistics solution for the company’s new 77,000 sqm distribution center in Eskilstuna, Sweden.
Coop’s new distribution center, strategically positioned in the heart of Sweden, will handle the distribution of goods to Coop’s 800+ stores around the country.
The majority of the material flow will be processed by two highly automated robotic case picking systems for chilled and ambient products. The result will be a sustainable warehouse that will handle more than 600,000 units per day. [Read more…] about SSI Schaffer provides Coop with ‘one of the largest automation solutions in the world’
The United States government is calling for goods made or exported to the US from Hong Kong to be relabelled “Made in China”, according to a report on the South China Morning Post.
The measure, to be introduced by US President Donald Trump, does not appear to need Congressional approval or any kind of vote.
It will mean that Hong Kong companies exporting to the US will be required to pay the same kind of punitive tariffs currently placed on goods arriving in America from mainland China. [Read more…] about US demands Hong Kong-made goods be relabelled ‘Made in China’
A coronavirus-induced acceleration of robotics and automation appears to be taking place in China. There are a number of forces driving this catalysis in automation technologies.
Firstly, the Chinese government and its policies are playing a central role. This will be particularly reflected in the unprecedented spending on “new infrastructure” as a response to the pandemic.
Secondly, the technologies and related-industries targeted by the government’s new infrastructure agenda are critical components. [Read more…] about Opinion: A coronavirus-induced acceleration of robotics and automation is happening in China
Here at Robotics and Automation News, we’ve often wondered what factors determine the productivity of a nation or industry, market or economy. There is a reason for this that has to with our website’s editorial subject matter and possibly our survival as a business.
In other words, we would like to expand our editorial coverage, and we would like to monetise. Our website has millions of readers, a significant proportion of whom are business people, so we have a marketable audience.
So far, we have mostly carried niche industrial news. Now, we want to add to that broader, global industry-wide and indeed world economy-wide, perspectives that may affect their growth and success. [Read more…] about What does the term ‘productivity’ actually mean in economics?
