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Osaro raises $16 million to develop machine learning for industrial automation

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Osaro, a developer of machine learning software for industrial automation – especially robotic picking and vision, has raised $16 million in Series B funding.

The round was conducted with participation from King River Capital, Alpha Intelligence Capital, Founders Fund, Pegasus Tech Ventures, GiTV Fund, and existing investors as well as strategics, bringing total funding to $29.3 million.

Co-founder and CEO Derik Pridmore says the funds will be used to invest in talent acquisition, international deployments, and advancing the Osaro Pick and Osaro Vision product lines to meet customer demands. [Read more…] about Osaro raises $16 million to develop machine learning for industrial automation

Senseye partners with Fanuc on its ‘Field’ IIoT platform

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Senseye, an industrial software company that specialises in vision systems, says its Senseye PdM technology suite will be made available through Fanuc’s “Field” industrial internet of things platform when it launches in Europe later this year.

FIELD stands for “Fanuc Intelligent Edge Link and Drive” system, and is basically a system for monitoring and managing Fanuc robots and devices through a computer network, enabling artificial intelligence to be applied across an entire operation to find efficiencies and productivity gains.

Senseye provides a range of technologies and methodologies that are used globally by Fortune 500 industrial organisations as part of digital transformation initiatives to improve the safety, efficiency and effectiveness of manufacturing and maintenance operations. [Read more…] about Senseye partners with Fanuc on its ‘Field’ IIoT platform

Mobile Industrial Robots opens new office in Germany

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Mobile Industrial Robots, a supplier of warehouse automation technologies, has opened a new office in Frankfurt, Germany. 

The company says Germany and the Benelux countries are “very important markets with a huge potential for MiR”, so the opening of its Frankfurt office today is also important.

Distributors from the DACH region – Germany, Austria and Switzerland – came to celebrate opening of MiR’s Frankfurt office. [Read more…] about Mobile Industrial Robots opens new office in Germany

IFR report: Global investment in industrial robots reaches record $16.5 billion

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The new World Robotics report, released by the International Federation of Robotics, shows an annual global sales value of $16.5 billion in 2018 – a new record.

At least 422,000 units were shipped globally in 2018 – an increase of 6 percent compared to the previous year.

IFR forecasts shipments in 2019 will recede from the record level in 2018, but expects an average growth of 12 percent per year from 2020 to 2022. [Read more…] about IFR report: Global investment in industrial robots reaches record $16.5 billion

Record sales of collaborative robots reveal increasing demand for end-of-arm tooling

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With a growth of 23 percent in annual installations of collaborative robots from 2017 to 2018, the new World Robotics Report, published by International Federation of Robotics, shows a huge demand for end-of-arm-tooling, (EoAT).

In 2018 almost 14,000 new cobot arms were installed, and if this trend continues, that number will double in approximately three years, prompting an unprecedented EoAT market opportunity that OnRobot is ready to address.

For the first time ever, the annual World Robotics Report includes a specific analysis on the market for cobots, documenting a robust 23 percent growth worldwide. [Read more…] about Record sales of collaborative robots reveal increasing demand for end-of-arm tooling

Smart factories driving industrial robot controller market

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The growth of the global industrial robot controller market is being sustained and driven by the accelerating activity in factory automation, according to a report by FMI.

FMI’s research shows that the industrial robot controller market valued at approximately $632.6 million in 2018 and is projected to increase at a growth of 9.1 percent between the projected period of 2019 and 2029.

As per the findings of the report, the global industrial robot controller market is anticipated to see substantial growth over the forecast period.

This is set in motion by increase in the adoption of human machine interaction, data and cloud capabilities boosting hardware control, and optimization of industrial robot cost. [Read more…] about Smart factories driving industrial robot controller market

Global industry ‘in midst of major change’ because of ‘megatrends’

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Hannover Messe 2020 will coincide with a period of rapid technological change and political and economic uncertainty, according to its organisers.

Sporting its 2020-season lead theme of “Industrial Transformation” and featuring some 6,000 exhibitors, the world’s top trade show for industrial technology will shine a light on the opportunities arising from new technologies, changing buyer behavior and a growing awareness of climate protection.

Experts at Deutsche Messe, one of the world’s largest industrial trade show companies and the owner of Hannover Messe, the global industrial sector is “in the midst of a period of major change”, driven primarily by the “megatrends” of digitization, individualization and climate protection.

At the same time, it is grappling with some very challenging economic and political fundamentals.

Dr Jochen Köckler, chairman of Deutsche Messe, says: “The world is embarking on a period of change, the likes of which we haven’t seen for a long time. [Read more…] about Global industry ‘in midst of major change’ because of ‘megatrends’

Airbus partners with Chinese aviation industry on final assembly

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Airbus has partnered with a Chinese aviation company on the final stages of its aircraft assembly.

The new deal brings the value of the European aerospace giant’s co-operation agreements in China to approximately $1 billion.

Airbus says the measure reaffirms its commitment to its long-term strategic partnership with China’s aviation industry. The new agreement is with Aviation Industry Corporation of China (AVIC), and is designed to deepen industrial cooperation on Airbus single-aisle production. [Read more…] about Airbus partners with Chinese aviation industry on final assembly

ROEQ launches ‘world’s most precise’ docking station for Mobile Industrial Robots

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ROEQ claims to have launched the “world’s most precise docking station for Mobile Industrial Robots”. 

The new docking station’s ± 1mm repeatability ensures precise delivery of products and pallets carried by the autonomous mobile robots from Mobile Industrial Robots equipped with ROEQ’s cart solution.

The company unveiled its new product at Pack Expo, which is also the first chance to see ROEQ’s new TR1000 Top Roller live – a unique new conveyor top module for MiR1000, the largest model from Mobile Industrial Robots with up to 1,000 kilo payloads. [Read more…] about ROEQ launches ‘world’s most precise’ docking station for Mobile Industrial Robots

Hyundai unveils wearable exoskeleton as part of a range of robotics developments

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Hyundai Motor Group is developing a range of robotics technologies which the company says it will roll out over the next year or two. 

Hyundai has developed a new “Vest EXoskeleton” (VEX), a wearable robot created to assist industrial workers who spend long hours working in overhead environments.

The VEX enhances productivity and reduces fatigue of industrial workers by imitating the movement of human joints to boost load support and mobility. [Read more…] about Hyundai unveils wearable exoskeleton as part of a range of robotics developments