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Summer Berry Company partners with Tortuga AgTech

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Cibus Capital says one of its portfolio companies, UK berry grower The Summer Berry Company (TSBCo), has extended its partnership with Tortuga AgTech, a provider of commercial harvesting robot fleet.

TSBCo has deployed 52 Tortuga robots in its 26 ha of glasshouses and 140 ha of polytunnels in Southwest England to harvest strawberries, provide forecasting on yields, plant health as well as providing support to their agronomists in fighting pests via UV light application.

Cibus Capital advises on investments that support sustainable agricultural production and the incorporation of disruptive technologies into its portfolio companies is pivotal to its mission. [Read more…] about Summer Berry Company partners with Tortuga AgTech

Space robotics market revenue forecast to grow to $7 billion by 2032

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The global market for space robotics is forecast to exceed revenues of $7 billion by 2032 with a projected compound annual growth rate of 9 percent over 2023-2032, according to a report by Global Market Insights.

The market growth is due to the rapid expansion of the electronic chip manufacturing industry globally. Besides, the increasing number of space projects in the MEA region will also foster the market growth.

For instance, in May 2022, Benya Group inked an MoU with OneWeb to explore the distribution of connection services in the MEA region. [Read more…] about Space robotics market revenue forecast to grow to $7 billion by 2032

Material handling robot market predicted to grow to $13 billion by 2033

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The global market value for material handling robots will reach $5,542 million in 2023 and grow at a healthy compound annual growth rate of 8.6 percent between 2023 and 2033, according to research by Fact.MR. 

Increasing acceptance of advanced automated material handling robots, increasing need for high efficiency systems, increasing industrialization in emerging markets, constant technological advances, multiple industries such as automotive, manufacturing, e-commerce and many more.

High acceptance of US Investment in digital infrastructure and growing need to reduce labor costs are key factors behind the growth of the automated material handling robots market. [Read more…] about Material handling robot market predicted to grow to $13 billion by 2033

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

SRI unveils autonomous digger for construction sites

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SRI, a technology development company founded in 1946 by Stanford University, has unveiled an autonomous digger for construction sites and other similar heavy-duty applications. (See video below.)

The “smart excavator” can be operated remotely and comes with an augmented reality system which makes the process secure, more convenient, and “as easy as playing a video game”.

SRI likens it to the Nintendo Wii, saying the control system only takes “a couple of minutes to master”, adding that, by giving excavators a “robotification upgrade”, the operator doesn’t need to be in the driver’s seat and can even “operate the machinery from anywhere around the world”. [Read more…] about SRI unveils autonomous digger for construction sites

Mecademic reports ‘increasing demand’ for its tiny robots

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Mecademic says it is seeing “increasing demand” for its tiny robots. The company has unveiled a redesigned website partly to reflect the changes in its business.

The Canadian company says the redesign “marks a major leap forward into the international robotics industry”, propelling Mecademic on its mission to facilitate automation for increasingly more industrial companies, research facilities, and manufacturers around the world.

Ilian Bonev, co-founder at Mecademic and world-renowned robotics precision expert, says: “Our new website provides a holistic library of never-before-seen robotics resources to help users start automating quickly, easily, and at lower costs. [Read more…] about Mecademic reports ‘increasing demand’ for its tiny robots

Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

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The global food and beverage robotic system integration market for pick and place application was estimated at $17.5 million in 2017 and is projected to reach $40.1 million by 2025, according to a new market study published by Coherent Market Insights.

The North America market is projected to reach $11.12 million by 2025 with a compound annual growth rate of 11.02 percent. Increasing demand for robotics for application in various industries has become one of the key factors for growth of this market.

According to Robotic Industries Association, in 2015, a total of 31,464 robots valued at $1.8 billion were ordered by North American companies of different industries, an increase of 14 percent in units and 11 percent in revenue over previous year. [Read more…] about Global food and beverage robotic systems integration market for pick and place application to surpass $40 million by 2025

Kuka launches new robotic cell with pre-configured applications

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Kuka has launched a new robotic cell with pre-configured applications, or “packages”, as the company calls them.

The Kuka “cell4_production” systems are described as flexible production cells for automated processes.

The company says they feature highly flexible, modular in design, digitally networked and are “immediately ready for use”. [Read more…] about Kuka launches new robotic cell with pre-configured applications

Nike integrates robots from Geek+ into its Japan warehouse

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Nike, the world’s largest sportswear company, has integrated robots from Geek+ into its Japan warehouse. (See video below.)

Geek+, a provider of smart logistics solutions, has powered same-day delivery for Nike in Japan, providing advanced robotics solutions to Nike’s new distribution center in Chiba.

The installation uses more than 200 robots from Geek+’s goods-to-person P series robot range. [Read more…] about Nike integrates robots from Geek+ into its Japan warehouse

Smart factory market to grow to $155 billion by 2025

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The global smart factory market is set to grow from its current market value of more than $75 billion in 2018 to $155 billion by 2025, according to a new research report by Global Market Insights.

The increasing adoption of technology has driven the demand for smart industrial solutions to save operational and labor costs, and is driving smart factory market.

Digitally advanced factories have been manufacturing industrial robots that are replacing human laborers in several operations with the help of evolutionary technologies like big data, artificial intelligence, analytics and internet of things. [Read more…] about Smart factory market to grow to $155 billion by 2025