Robotics & Automation News

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Kinova raises $48 million in new financing

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Kinova, a privately-held Canadian developer of robotic solutions for the medical and industrial markets, has raised investments totaling C$40 million ($32 million), led by Graham Partners with the participation of Export Development Canada.

The robotics company is also pleased to announce the prior closing of an agreement with the Government of Canada under the Strategic Innovation Fund for a total of C$20 million ($16 million).

These investments will accelerate the development and commercialization of Kinova’s solutions. In addition, the Canadian robot maker will use the funds to augment engineering resources to meet the demands of global customers. The new products for the industrial markets will be announced later in 2022. [Read more…] about Kinova raises $48 million in new financing

New ABB study on industrial transformation unveils ‘critical relationship between digitalization and sustainability’

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ABB has released the findings of a new global study of international business and technology leaders on industrial transformation, looking at the “critical intersection of digitalization and sustainability”.

The study, Billions of better decisions: industrial transformation’s new imperative, examines the current take-up of the Industrial Internet of Things and its potential for improving energy efficiency, lowering greenhouse gas emissions and driving change.

The goal of the new ABB research is to spur discussion within industry regarding opportunities to leverage the Industrial IoT and empower companies and workers to make better decisions that can benefit both sustainability and the bottom line. [Read more…] about New ABB study on industrial transformation unveils ‘critical relationship between digitalization and sustainability’

Companies and Climate Change: The Interrelation

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Globalization has brought in a drastic shift in the preferences, choices, and tastes of the people. With a vast range of options available in almost every sector of society, people have an option to pick and choose according to their convenience.

However, amidst all these progressions and advancements, it is imperative to remember that all the goods and resources that we use in our daily lives are a product of different manufacturing industries.

Since the demands and expectations from the market have grown, industry and company owners have also equipped themselves with high functioning and reliable technologies that produce optimum results in a minimum span of time. On the other hand, our world is being extremely ignorant of a looming threat that will eventually affect our ecosystem in more ways than one. [Read more…] about Companies and Climate Change: The Interrelation

Novanta partners with MassRobotics to ‘advance next generation of robotics’

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Novanta has agreed a new partnership with MassRobotics to help create and scale the next generation of successful robotics startups.

Through the partnership, Novanta business units Celera Motion and ATI Industrial Automation will collaborate with MassRobotics to develop advanced innovations in medical or surgical robotics and improve robotic productivity.

MassRobotics is an independent, nonprofit organization serving as an innovation hub for robotics and connected devices. Its efforts include providing innovative entrepreneurs and startups with the workspace and resources they need to develop and commercialize their products and solutions. [Read more…] about Novanta partners with MassRobotics to ‘advance next generation of robotics’

Yaskawa launches two new collaborative robots for industrial applications

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Yaskawa Motoman, one of the world’s largest manufacturers of industrial robots, has launched two new collaborative robots – HC10DTP and HC20DTP, each of which has six axes.

The company describes them as “highly reliable robots (that) enrich easy capability for Yaskawa’s HC-series line”.

Hand-guided programming allows users to direct teach points without a pendant, and an ISO standard tool flange and electrical connections facilitate a plug and play approach for easy deployment of the robot system. [Read more…] about Yaskawa launches two new collaborative robots for industrial applications

Schaeffler acquires precision gearbox maker Melior Motion 

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Schaeffler, a billion-dollar German company which supplies bearings and other components to the automotive and aerospace industries, has signed an agreement to acquire all of the shares of Melior Motion.

The acquisition of this supplier of precision gearboxes for robotics and other applications in automation expands the robotics portfolio of the Schaeffler Group’s industrial division.

As automation of simple, repetitive tasks as well as complex mounting and manufacturing processes is progressing rapidly, Schaeffler’s industrial division is expanding its position as a supplier for robotics components and systems. [Read more…] about Schaeffler acquires precision gearbox maker Melior Motion 

Arsenal Capital Partners acquires automation solutions provider Eckhart from LFM Capital

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Arsenal Capital Partners, a private equity firm that specializes in investments in industrial growth and healthcare companies, has acquired automation solutions provider Eckhart from LFM Capital.

Financial terms of the transaction were not disclosed.

Eckhart’s advanced engineering, design, simulation, and integration services, along with proprietary tooling and other automation and robotics systems, support customers at critical points in the automation value chain. [Read more…] about Arsenal Capital Partners acquires automation solutions provider Eckhart from LFM Capital

Hannover Messe 2022 rescheduled for beginning of June

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This year’s Hannover Messe, one of the world’s largest trade shows for industrial technology, has been rescheduled for beginning of June. It usually takes place in April.

Deutsche Messe AG, the company which organises the event, says the decision to delay Hannover Messe is “due to the current situation surrounding Covid”.

It says that this year’s exhibition is now scheduled to take place from 30 May to 2 June, adding that the new date “provides exhibitors and visitors with planning security”. [Read more…] about Hannover Messe 2022 rescheduled for beginning of June

Fanuc launches new 1,000 kg payload industrial robotic arm

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Fanuc America, the world’s largest maker of industrial robots, has introduced the new M-1000iA robot capable of handling very heavy products including automotive components, construction materials and battery packs for electric vehicles.

The M-1000iA’s serial-link construction gives the robot a wider range of motion in every direction. It can extend its arm upright or rotate it backwards, which is not possible for typical heavy-payload robots with a parallel-link mechanism.

With a 1,000 kg payload, a 3,253 mm horizontal reach, and a 4,297 mm vertical reach the M-1000iA is ready to go to work for manufacturers looking to increase output and maximize their production line’s efficiency. [Read more…] about Fanuc launches new 1,000 kg payload industrial robotic arm

Cyngn and Columbia Vehicle Group to begin building fleet of autonomous industrial vehicles

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Cyngn and Columbia Vehicle Group have started the production of autonomous Columbia Stockchaser vehicles powered by Cyngn’s Enterprise Autonomy Suite.

Cyngn is a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, while Columbia Vehicle Group is an electric vehicle manufacturer serving industrial and commercial environments.

This growing autonomous vehicle fleet will enable Cyngn to make its self-driving solutions on Columbia vehicles available to more customers. [Read more…] about Cyngn and Columbia Vehicle Group to begin building fleet of autonomous industrial vehicles