Where Innovation Meets Imagination
Hardinge and J.G. Weisser have entered into a definitive agreement under which Hardinge will acquire Weisser, enhancing Hardinge’s Turning and Milling platform with an attractive portfolio of products and technologies.
Weisser is a German manufacturer and solution provider of high precision, multifunctional turning machines and turning centers as well as automation solutions.
Weisser is based in Germany with sales of approximately $90 million. [Read more…] about Hardinge to acquire J.G. Weisser
The global Robot as a Service market was valued at $12.6 billion in 2020 and is expected to surpass $41.3 billion by 2028, registering a compound annual growth rate of 15.9 percent during the forecast period (2021-2028), as highlighted in a report published by Coherent Market Insights.
The ongoing advancement in technologies is propelling the market growth during the forecast period.
The growing adoption of advanced technologies such as automation, artificial intelligence, machine learning, Robot as a Service (RaaS), and many other technologies are expected to drive market growth during the forecast period. [Read more…] about Global ‘Robot-as-a-Service’ market set to reach $41.3 billion by 2028
ABB says it will acquire ASTI Mobile Robotics Group, an autonomous mobile robot manufacturer with a broad portfolio across all major applications enabled by the company’s software suite.
This will expand ABB’s robotics and automation offering, making it the only company to offer a complete portfolio for the next generation of flexible automation.
The acquisition, a key part of ABB’s external growth strategy, was signed on July 19 and is expected to close in mid-summer 2021. Both parties agreed not to disclose any details regarding the purchase price. [Read more…] about ABB to acquire autonomous mobile robot maker ASTI
Gideon Brothers, a robotics and AI solutions company, has received a new investment from Deutsche Bahn Digital Ventures, the venture capital arm of Deutsche Bahn Group, as part of the recent Series A financing round led by Koch Disruptive Technologies valued at $32 million.
The Series A investment will accelerate the development and commercialization of Gideon Brothers’ AI and 3D vision-based autonomous mobile robots that automate horizontal and vertical material handling operations.
The company is also expanding its manufacturing, sales, customer success, and marketing operations across key markets of the EU and United States, by opening offices in Munich, Germany and Boston, Massachusetts. [Read more…] about Deutsche Bahn invests in Gideon Brothers in $32 million financing round
FedEx Ground, a subsidiary of FedEx Corp, has recently implemented Berkshire Grey’s Robotic Product Sortation and Identification (RPSi) systems at its station in Queens, New York.
Berkshire Grey, a developer of Intelligent Enterprise Robotics solutions, executed the RPSi systems to robotically sort the thousands of small packages that arrive daily in bulk into containers bound for other specific hubs and stations across the FedEx Ground network.
FedEx Ground plans to install additional Berkshire Grey RPSi systems at sortation facilities in Las Vegas, Nev., and Columbus, Ohio, in the coming months. [Read more…] about FedEx implements Berkshire Grey’s robotic system for small package processing
Path Robotics, a Columbus-based artificial intelligence robotics company producing the world’s first truly autonomous robotic manufacturing system, announced plans to expand its headquarters in Columbus, Ohio, creating 140 new jobs.
Hiring for software development, engineering and product positions is under way.
Path Robotics plans to expand personnel throughout Columbus at both its existing facility at 524 Maier Place, as well as at its additional facility at 3950 Business Park Drive. [Read more…] about Path Robotics expands headquarters and production, creating 140 new jobs
With the continued global shift towards e-commerce and crippling shortages of qualified workers, operators in the supply chain are investing heavily in technology and automation.
IMI has seen record demand for its agnostic services platform throughout this unprecedented period and has made the move to expand beyond North America.
IMI is pleased to announce its expansion into the European market and to inform the public that they are officially open for business. [Read more…] about IMI expands to Europe as modernization of distribution centres drives growth
Two essential mindsets shape everyone’s life. One of the mindsets is a fixed one where you may have a desire to look smart. Therefore, you will act by avoiding risks and challenges, giving up easily, ignoring valuable critiques, and feeling threatened by people’s success in your life.
If you have a growth mindset, you are more likely to embrace challenges, take calculated risks, accept and learn from negative critiques, view setbacks as opportunities for improvement, and view the success of others as a source of inspiration.
The proper growth mindset goes a long way in helping you achieve great things in life. If you have a business, adopting a growth mindset can significantly boost its growth. [Read more…] about Adopt the Right Growth Mindset for Your Business with These Tips
The global market for agriculture robots is expected to quadruple in size by 2026, according to a report by Research Dive.
The agriculture robot market size was $4,082.8 million in 2018, and is expected to reach $16,640.4 million by 2026, and will grow at a compound annual growth rate of 19.2 percent.
North America region generated a revenue of $ 1,469.8 million in 2018, and is expected to grow at a CAGR of 18.9 percent. [Read more…] about Global agriculture robot market expected to quadruple in size by 2026
DSV, a large-scale Danish transport and logistics company, is expanding its position in the third-party logistics market through the use of AutoStore technology.
Implemented by Element Logic, the system uses AutoStore robotics and Element Logic’s proprietary software to provide a leading solution for e-commerce players.
The solution is being implemented in nine countries and represents AutoStore’s 600th system implementation. [Read more…] about AutoStore sells 600 robotic systems for warehouses
