Robotics & Automation News

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Ouster expansion supply agreements with May Mobility for autonomous vehicles

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Ouster, a provider of high-performance lidar sensors, and May Mobility, a developer of autonomous vehicle technology, are expanding their supply agreements to provide lidar sensors for May Mobility’s autonomous vehicle solutions.

These expansions include a binding commitment for a combined purchase of over one thousand Ouster OS1 and Alpha PrimeTM VLS-128 sensors through 2024 to meet demand for new AV deployments starting this year.

Edwin Olson, CEO of May Mobility, says: “We are rapidly growing our operations and technology and need partners that deliver high-performing, reliable and scalable products to be successful. [Read more…] about Ouster expansion supply agreements with May Mobility for autonomous vehicles

Thomson moves Swedish manufacturing operations to larger facility to ‘make room for continued business growth’

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Thomson Industries, a provider of linear motion control solutions, is moving its Kristianstad, Sweden, operations into a larger space to meet what it says is “growing demand” for its motion control technology.

The Kristianstad plant has been a steadily growing supplier of Thomson electric linear actuators and linear motion systems to European customers and is on track for further growth. The new facility is larger, more advanced and will effectively support future business growth.

Peter Swahn, site manager, Thomson Industries, says: “Strict adherence to safety, quality, delivery, inventory management and productivity excellence has fuelled our success, so much so that we have outgrown our facilities. [Read more…] about Thomson moves Swedish manufacturing operations to larger facility to ‘make room for continued business growth’

Kollmorgen and Otto Motors begin strategic technical collaboration

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Kollmorgen and Otto Motors have agreed a strategic technical collaboration. The cooperation is described as a “major milestone for the autonomous material handling industry” by the two companies.

Kollmorgen and Otto Motors share a common goal to deliver exceptional self-driving vehicle applications to OEMs and System Integrators that strive to streamline material handling to end-users in all industries globally.

Together, the two leaders are exploring their joint capabilities to provide innovative solutions for their growing combined customer base. [Read more…] about Kollmorgen and Otto Motors begin strategic technical collaboration

Exotec manufactures milestone 5,000th robot in record time

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Exotec, a warehouse robotics provider, has manufactured its 5,000th robot, just three months after the production of its 4,000th robot.

The company claims this is the “shortest time yet” between manufacturing milestones, signifying an increasing business momentum driven by the growing demand for warehouse automation.

The completion of the 5,000th robot, which will be named “Monu” (short for “Monumental”), is a landmark moment for the industrial unicorn, which has seen considerable growth across the UK, Europe and internationally. [Read more…] about Exotec manufactures milestone 5,000th robot in record time

Exotec seeing ‘rapid growth and strong demand’ for its warehouse robots

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Exotec, a warehouse robotics provider, says it is seeing “continued rapid growth” in North America as the company continues its global expansion, adding that the business momentum is driven by the growing demand for warehouse automation.

Romain Moulin, Exotec CEO and co-founder, says: “We continue to see a strong demand for scalable and proven warehouse robotic solutions.

“Our track record of serving the world’s largest brands positions Exotec to benefit from the explosive growth of the global warehouse robotics market, which is expected to reach $16 billion by 2031.”    [Read more…] about Exotec seeing ‘rapid growth and strong demand’ for its warehouse robots

Kiwibot secures $10 million in new funding

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Kiwibot, a robotic last-mile delivery service that has completed over 250,000 food deliveries with robots, has agreed what it describes as a “tailor-made” $10 million financing partnership with asset financing group kineo finance.

The agreement will help Kiwibot with its manufacturing and scaling needs, growing its robotic fleet and disrupting the delivery-as-a-service (DaaS) industry.

By removing the working capital barrier, this partnership will accelerate Kiwibot’s growth in the DaaS industry. kineo finance provides smart asset financing for startups while limiting dilution, so they can focus on growing the business. [Read more…] about Kiwibot secures $10 million in new funding

Global autonomous cars market size to reach $16 billion by 2030

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The global market for autonomous cars was valued at $1.35 billion in 2021 and is projected to reach $15.55 billion by 2030, growing at a compound annual growth rate of 31.19 percent from 2023 to 2030.

The increasing demand for connected cars employing the internet of things and the growing development of smart cities in the countries is driving the Autonomous Cars Market growth.

This is according to a new report by Verified Market Research, which says the increasing demand for connected cars employing the internet of things is the key force driving the autonomous car market. [Read more…] about Global autonomous cars market size to reach $16 billion by 2030

China overtakes USA in robot density

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China’s massive investment in industrial robotics has put the country in the top ranking of robot density, surpassing the United States for the first time, according to a report by the International Federation of Robotics.

The number of operational industrial robots relative to the number of workers hit 322 units per 10,000 employees in the manufacturing industry. Today, China ranks in fifth place.

The world’s top 5 most automated countries in manufacturing 2021 are: South Korea, Singapore, Japan, Germany and China. [Read more…] about China overtakes USA in robot density

Universal Robots reports record annual revenue of $326 million

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Universal Robots, the Danish collaborative robot company, has reported Q4 revenue of $85 million, bringing 2022 annual revenue to $326 million, up 5 percent on 2021.

On a constant currency basis, growth over the year was 12 percent.

Kim Andreasen, Universal Robots’ chief financial officer, says: “We are proud to have continued to grow our business despite facing a difficult macroeconomic environment in 2022. [Read more…] about Universal Robots reports record annual revenue of $326 million