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growth

Brain Corp’s robotic fleet covers 100 billion square feet

November 9, 2021 by David Edwards

Brain Corp, a developer of software for robotics, especially industrial robotic floor cleaners, says its BrainOS-powered fleet of autonomous mobile robots has reached 100 billion square feet of coverage.

In doing so, claims Brain Corp, “6.8 million hours have been given back to employees and operations managers, allowing them to focus on customer experience and other high-value tasks”.

Eugene Izhikevich, CEO and founder of Brain Corp, says: “We are thrilled to celebrate reaching 100 billion square feet of coverage with our fleet which represents the square footage of the entire commercial space in the United States. [Read more…] about Brain Corp’s robotic fleet covers 100 billion square feet

Filed Under: News, Service robots Tagged With: automated, autonomous, billion, brain, committed, corp, coverage, data, environments, expanded, feet, fleet, focus, growth, increases, industries, malls, multiple, october, operate, operating, percent, performance, prioritizing, privacy, reaching, retail, robotics, robots, safety, sectors, software, square, teams

Universal Robots’ latest results are ‘a strong indication of growth to come’, says president

November 4, 2021 by Mark Allinson

Collaborative industrial robot maker Universal Robots’ latest results are “a strong indication” of future growth, says its president, Kim Poylsen.

Universal Robots, which has just released its Q3 results for 2021, has reported record quarterly revenue of $78 million, up 46 percent on last year’s Q3 revenue and 31 percent up from its pre-pandemic Q3 revenue of 2019.

Since creating the world’s first commercially viable collaborative robot in 2008, the Danish company has gone on to sell over 50,000 of its ‘cobots’ for use across a range of industrial uses, primarily in the manufacturing sector. [Read more…] about Universal Robots’ latest results are ‘a strong indication of growth to come’, says president

Filed Under: Business, News Tagged With: automation, businesses, collaborative, company, demand, growth, indication, industrial, industry, latest, manufacturing, open, percent, povlsen, president, range, revenue, robot, robots, sector, staff, strong, technology, universal, working

Berkshire Grey launches new robotic shuttle solution

November 4, 2021 by David Edwards

Berkshire Grey, a provider of AI-enabled robotic solutions that automate supply chain processes, has launched its Robotic Shuttle Product Sortation (RSPS) solution for order fulfillment.

The system supports filling e-commerce orders through stores and in-person shopping by automating store replenishment, allocation order processing, split-case cross docking, sortation, and packing.

RSPS increases processing capacity and throughput for existing operations without adding labor, helps right-size store inventories, and enables e-commerce fulfillment from stores to scale. Following a series of successful installations at major US retailers, the solution is now generally available for global deployments. [Read more…] about Berkshire Grey launches new robotic shuttle solution

Filed Under: Logistics, News Tagged With: berkshire, distribution, e-commerce, enables, existing, fulfillment, grey, growth, labor, operations, order, percent, processing, retail, retailers, robotic, rsps, shuttle, solution, solutions, sortation, store, stores, support, system, systems

Warehouse robotics startup Hai Robotics raises $200 million in funding

September 22, 2021 by Mai Tao

Hai Robotics, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics system, has secured two new continuous rounds of financing, generating more than $200 million in total.

The new money is to be invested in boosting Hai’s robot fleet with technological upgrades, expanding its global operation networks, optimizing its supply chain management and corporate structure as well as talent.

The C round funding was led by 5Y Capital with participation from Sequoia Capital China, Source Code Capital, VMS, Walden International and Scheme Capital. [Read more…] about Warehouse robotics startup Hai Robotics raises $200 million in funding

Filed Under: News, Warehouse robots Tagged With: acr, automation, capital, case-handling, chain, china, company, funding, global, growth, hai, haipick, including, logistics, market, robot, robotics, robots, round, sequoia, supply, system, technological, warehouse

Ambi Robotics raises $26 million in Series A funding led by Tiger Global

September 18, 2021 by David Edwards

Ambi Robotics, a developer of AI for highly-dexterous robotics, has closed a $26 million Series A funding round. The investment is led by new investor, Tiger Global Management, and builds on participation from existing investors Bow Capital, Vertex Ventures US and The House Fund.

The new funding comes at a time of significant customer growth and expansions just five months after the company emerged from stealth.

The funding round enables Ambi Robotics to scale the team and operations to support rapid deployments of AI-powered robotic systems throughout US supply chain operations. [Read more…] about Ambi Robotics raises $26 million in Series A funding led by Tiger Global

Filed Under: Artificial Intelligence, News Tagged With: ai, ai-powered, ambi, associates, billion, bowes, company, customer, funding, global, growth, operations, parcel, pitney, robotic, robotics, series, support, systems, tiger, warehouse

5 manufacturing trends to look forward to in 2021

September 7, 2021 by Liv

The past year has highlighted the need for sweeping and immediate changes across the manufacturing industry. It has been facing several evolving challenges accelerated by the pandemic.

To improve efficiency and productivity, here are five manufacturing trends you should look forward to in 2021:

Continued Focus On the Development of IoT
IoT (the internet of things) remains a buzzword in manufacturing owing to its adaptability and disruptive nature. As companies and their equipment continue to be digitized, IoT can help companies in multiple ways. [Read more…] about 5 manufacturing trends to look forward to in 2021

Filed Under: Features, Industry, Manufacturing Tagged With: analysis, companies, continue, data, digital, e-commerce, employee, employees, growth, health, help, huge, improve, industry, iot, machinery, manufacturing, manufacturing industry, manufacturing trends, measures, model, pandemic, productivity, safety, solutions, tech, trends, years

Agricultural technology startup Carbon Robotics raises $27 million in new funding

September 1, 2021 by David Edwards

Carbon Robotics, an agriculture robotics company, has secured $27 million in Series B financing from Anthos Capital, Ignition Capital, Fuse Venture Partners and Voyager Capital to accelerate the company’s growth.

The funding will be used to scale production of the company’s products, including the Autonomous Weeder, grow its engineering team, establish regional support for customers across the US and invest in the innovation of new products and technology.

This latest round of financing brings the company’s overall funding to $36 million. [Read more…] about Agricultural technology startup Carbon Robotics raises $27 million in new funding

Filed Under: Agriculture, News Tagged With: agriculture, autonomous, capital, carbon, company, farmers, farms, financing, funding, growth, herbicide-resistant, products, robotics, scale, scollard, support, technology, weeder, weeds

Delivery drones market expected to reach $5.6 billion by 2028

August 27, 2021 by David Edwards

The global market for delivery drones is expected to be valued at $5,586.5 million by 2028, at a compound annual growth rate of 41.3 percent during the forecast period (2021-2028).

The figure are highlighted in a report published by Coherent Market Insights. [Read more…] about Delivery drones market expected to reach $5.6 billion by 2028

Filed Under: Features, Industry Tagged With: delivery, drones, expected, global, growth, market

South Korea’s top battery makers enjoy steady growth

August 27, 2021 by David Edwards

South Korea’s Electric Vehicle Battery Trio – LG, Samsung, and SK – enjoyed steady growth in the January to March period, according to a report by SNE Reseach.

Amid intense competition in global EV battery deployment, LG Energy Solution ranked 2nd, while Samsung SDI and SK Innovation captured the 5th and 6th spots respectively.

Global competition for the world’s top spot for the xEV (EV, PHEV, HEV) battery market is getting fiercer, with CATL continued to top for both Mar 2021 and Jan-Mar 2021. LG Energy Solution came in 2nd, while Samsung SDI and SK Innovation ranked 5th and 6th respectively. [Read more…] about South Korea’s top battery makers enjoy steady growth

Filed Under: Features, Industry Tagged With: battery, chinese, energy, ev, growth, innovation, korea, lg, makers, market, samsung, sdi, sk, solution

IDS sees high levels of orders for its industrial cameras

August 25, 2021 by David Edwards

IDS with above-average sales growth in the first half-year

The south German industrial camera manufacturer IDS Imaging Development Systems was able to exceed industry expectations in the first half of 2021.

Instead of the 7 percent increase in turnover forecast by the VDMA for the machine vision industry, the company has so far generated more than double this growth.

The camera manufacturer from Obersulm expects consistently high growth until the end of 2021. The positive order situation and the strong development of foreign business give the camera manufacturer every reason to do so, despite the challenging procurement situation. [Read more…] about IDS sees high levels of orders for its industrial cameras

Filed Under: Industry, News Tagged With: ai, artificial, camera, cameras, development, growth, high, ids, industrial, intelligence, manufacturer, ueye, vision, year

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