Robotics & Automation News

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Benefits of cryptocurrency mingling with the real estate sector

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The virtual currencies are the best way to invest in real estate. They allow you to have more control over your investment and make it more transparent for other investors to see.

The real estate industry is one of the most profitable industries in 2018. The growth it has seen over the past few years has been incredible, and there is no sign of it slowing down soon.

Virtual currencies are highly scalable and transparent, which means that they can help an investor manage their money better without having to worry about how their investment is doing or how it will perform in the future. [Read more…] about Benefits of cryptocurrency mingling with the real estate sector

Ottonomy closes $3.3 million seed funding round

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Ottonomy has closed its seed funding round of $3.3 million, bringing its total funding to date to $4.9 million.

The funding is planned to support the scale of Ottobots for fully autonomous airport, retail and restaurant deliveries with its robots.

The funding round is led by Pi Ventures who back deep tech startups. Connetic Ventures and Branded Hospitality Ventures and the Founder & CEO of Addverb Technologies, Sangeet Kumar, also joined this round; making the group a dynamic mix from retail, food and robotics industry investors for Ottonomy’s seed round. [Read more…] about Ottonomy closes $3.3 million seed funding round

How Automation is Influencing the Automotive Industry Today

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Last year, robot orders were up by 67 percent in comparison to the previous year. And according to the International Federation of Robotics, 1 in every 2 industrial robots sold globally is bought by US automakers. This goes to show just how much the auto industry appreciates the benefits of automation.

Automakers have always been pioneers of automation; they started using sensor technology and industrial robots in their assembly plants years ago to increase efficiency and productivity. Want to know how automation is influencing the automotive industry today? Read on. [Read more…] about How Automation is Influencing the Automotive Industry Today

Industrial robot sales in North America ‘continue record surge into 2022’

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North American companies started the year by purchasing “the most robots ever in a single quarter”, with 11,595 robots sold at a value of $646 million.

According to the Association for Advancing Automation, these Q1 numbers represent growth of 28 percent and 43 percent respectively over the first quarter of 2021 and 7 percent and 25 percent respectively over the previous best quarter, Q4 of 2021. Each industry segment experienced double-digit growth over the same quarter of 2021. [Read more…] about Industrial robot sales in North America ‘continue record surge into 2022’

Pony.ai and SANY to mass produce autonomous trucks

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Pony.ai, an autonomous driving technology company, has formed a strategic joint venture with SANY Heavy Truck, a subsidiary of SANY Heavy Industry, a Chinese heavy equipment manufacturer and the third largest heavy equipment manufacturer globally.

Pony.ai and SANY say they will collaborate to create a “world-leading autonomous truck brand”.

The two companies say they will “deeply integrate” Pony.ai’s “virtual driver” with SANY’s technical accumulation in the field of wire-controlled chassis and vehicle development to jointly develop high-end heavy trucks that are automotive-grade and have L4-class redundancies. These trucks will inaugurate the future of truck logistics transportation.

The joint venture plans to start small-scale deliveries of the robotrucks in 2022 and 2023. Mass production of the L4 truck will commence in 2024 and within a few years will reach an annual production of around 10,000 trucks. [Read more…] about Pony.ai and SANY to mass produce autonomous trucks

Hai Robotics partners with frictionless supply chain company Pop.capacity

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Hai Robotics has formed a partnership with frictionless supply chain company Pop.capacity.

With this partnership, Pop.capacity will be able to include Hai Robotics solutions as part of its portfolio offering to its customers in an effort to reduce friction points within their warehouses.

Pop.capacity is pioneering the frictionless supply chain. By combining years of supply chain experience, and a never before seen technology, they are uniquely positioned to bring a disruptive new solution to an industry full of unnecessary friction. [Read more…] about Hai Robotics partners with frictionless supply chain company Pop.capacity

Global semiconductor equipment sales grow 5 percent to $25 billion

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Global semiconductor equipment billings grew 5 percent year-over-year to $24.7 billion in the first quarter of 2022, according industry association SEMI.

The figures were revealed in SEMI’s Worldwide Semiconductor Equipment Market Statistics Report. Quarter-over-quarter billings in the seasonally soft first quarter declined 10 percent.

Ajit Manocha, SEMI president and CEO, says: “Year-over-year first quarter equipment revenue growth is in sync with positive forecasts for 2022 as the semiconductor industry continues its robust increase of fab capacity. North America and Europe logged healthy quarter-over-quarter rises in equipment spending as they intensify efforts to bolster domestic chipmaking.” [Read more…] about Global semiconductor equipment sales grow 5 percent to $25 billion

ROBOJuice promises robot-made smoothies in 60 seconds

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A startup company called ROBOJuice is promising “first-ever artificial intelligence and robotics-powered kiosk that can prepare and serve smoothies and acai bowls in under 60 seconds”.

Nik Sakhno, the founder of ROBOJuice, says the company has launched because the hospitality industry continues to embrace automation and it was good time to bring the machine to market.

With more than 10 years’ experience in the food automation industry, Sakhno, alongside a team of expert engineers, created ROBOjuice with the goal of helping fast-casual restaurants increase productivity, while being “10 times more affordable to deploy, and two times more profitable compared to traditional, labor-intensive fast-casual restaurants”. [Read more…] about ROBOJuice promises robot-made smoothies in 60 seconds

SafeAI and Obayashi demonstrate autonomous vehicle on a construction site in Japan

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SafeAI, a developer of autonomous solutions for heavy equipment, in partnership with Japanese construction giant Obayashi, has hosted nearly 150 visitors to view its retrofitted autonomous Caterpillar 725, operating on a construction site in Japan for the first time ever.

The demos, which took place over a two week period, brought together delegates from nearly 50 organizations across the construction industry ecosystem, including leading OEM, general contractors, technology companies, universities and research groups and Japanese government entities responsible for regulation.

In addition to winning buy-in from key stakeholders, the demos mark a critical first step toward securing approval from the government and industry organizations to bring autonomous construction to Japan. [Read more…] about SafeAI and Obayashi demonstrate autonomous vehicle on a construction site in Japan

Intelligent City raises $30 million to bring robotics and automation to prefabricated construction sector

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With pressure mounting for cities to address affordable housing needs, decarbonize buildings, and meet sustainability goals, housing technology company Intelligent City raised CAD 22 million ($17 million), bringing the total capital invested in the company to CAD 30 million ($23 million).

As one of the first companies in North America to apply automation and robotics to the design and manufacturing of prefabricated mass timber buildings, Intelligent City will use the funding to scale operations, commercialize its Platforms for Life (P4L) building solution, grow factory automation, and expand its footprint across and beyond Canada.

Earlier this year, the company completed testing of its building systems and is now verified to work within the new mass timber high-rise building codes in Canada and the US. [Read more…] about Intelligent City raises $30 million to bring robotics and automation to prefabricated construction sector