Robotics & Automation News

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Ethereum could be a better store of value than Bitcoin, some experts say

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Bitcoin has inarguably built a kingdom with adamantine fences where not even its highly mediatized conqueror, Ethereum, is seen as having the power to take them down.

However, it wouldn’t be exaggerated to say that most of its value resides in its status as the primary cryptocurrency and the project that gave blockchain the first colossal use cases up to that point.

Ethereum has emerged as a solution to the limitations and insufficiencies of Bitcoin, building on the tech ground paved by Bitcoin. [Read more…] about Ethereum could be a better store of value than Bitcoin, some experts say

Wholesale Electronics: Are They Worth the Investment?

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Electronics are a big business – from computers and handheld devices to home stereo systems and more – pretty much everyone is buying electronics. The marketplace is huge in terms of both suppliers and consumers.

Standing out from the competition isn’t easy, regardless of your product selection. Sometimes, the only way to break through is by offering electronics at reduced prices, but you still need to make a profit.

This is where wholesale electronics products come in, but are they really worth the initial investment? [Read more…] about Wholesale Electronics: Are They Worth the Investment?

Mitsubishi Electric leads Series B investment in Realtime Robotics

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Realtime Robotics, a provider of collision-free autonomous motion planning software for industrial robots, has secured a strategic investment from Mitsubishi Electric.

This is the lead investment in Realtime Robotics’ recently opened Series B round.

Mitsubishi Electric was also a participant in the Series A round, and will be adding a senior representative to Realtime’s board of directors. [Read more…] about Mitsubishi Electric leads Series B investment in Realtime Robotics

Personalized Your Strategies to Navigate Investment Complexities

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Navigating the complexities of investment choices may be tough, making expert advice worthwhile. This article explores the advantages of seeking expert steerage, from having access to specialized understanding to receiving personalized techniques.

Understanding these benefits can empower individuals to make knowledgeable investment choices and obtain their economic desires with confidence.

For personalized strategies and specialized knowledge to navigate investment complexities, visit Profit Edge official website to empower yourself with expert guidance and make informed investment decisions confidently. [Read more…] about Personalized Your Strategies to Navigate Investment Complexities

Carbon Robotics receives new investment from NVidia

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Carbon Robotics, an AI-powered farming startup, has received an investment from NVentures, Nvidia’s venture capital arm.

This underscores the power of AI in transforming farming worldwide as well as Carbon Robotics’ leadership and innovation in the industry.

Carbon Robotics’ LaserWeeder has been proven by top farmers to reduce weed control costs by 80 percent and significantly increase crop yield and quality. [Read more…] about Carbon Robotics receives new investment from NVidia

AkzoNobel completes capacity expansion at Vietnam multi-site

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A major investment project has been completed at AkzoNobel’s production plant in Bac Ninh province near Hanoi in Vietnam, which will help to strengthen the company’s position in Asia and sharpen its focus on more sustainable manufacturing.

Five new powder coating lines have been added at the multi-site, along with a line for producing water-based products for the consumer electronics market (IT, wireless and home appliances). The total investment amounts to €18.5 million.

[Read more…] about AkzoNobel completes capacity expansion at Vietnam multi-site

ABB invests $20 million into upgrading its US robotics headquarters

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ABB has opened its refitted US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, which will support ABB Robotics’ global operations in developing and manufacturing cutting-edge robotic solutions in the US, for the US and the Americas.

The expanded facility reflects ABB’s commitment to long-term growth in the US market, which is predicted to follow global growth rates for robotics of 8 percent compound annual growth rate, as well as the company’s global investment to build Robotics and Automation capacity and create new, highly skilled jobs.

This is ABB’s third global robotics factory expansion in three years across China, Europe and the Americas and is part of its efforts to further strengthen its local-for-local footprint. [Read more…] about ABB invests $20 million into upgrading its US robotics headquarters

Nauticus Robotics raises $12 million in new investment

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Nauticus Robotics, a developer of subsea robots and software, has raised an additional $12 million as part of a second tranche of investment.

The new investment will expedite certification of Nauticus’ flagship robot, the Aquanaut, which facilitates the transformation of tethered ROV (remotely operated vehicle) operations to fully autonomous operations.

It is expected to perform numerous tasks in water depths ranging from 200 to 2,000+ meters during February in preparation for an inaugural job inspecting a deep-water production facility of a major oil and gas company in the Gulf of Mexico. [Read more…] about Nauticus Robotics raises $12 million in new investment

Sea Machines closes new investment round of $12 million

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Cleantech venture capital pioneer Emerald Technology Ventures has invested into Sea Machines, a developer of autonomous control systems and advanced perception technology for maritime vessels.

This $12 million funding round, which was joined by Nabtesco Technology Ventures (NTV), Chevron Technology Ventures, Ingram Industries, RKKVC, Level 2 Ventures, and IMC Ventures, will help Sea Machines hone its technological edge and grow its market presence. This adds to a financing in 2023 led by the Geekdom Fund.

Boston-based Sea Machines Robotics is a global leader in autonomous piloting systems meant to help sea vessels navigate and operate with greater efficiency, productivity, and capability. [Read more…] about Sea Machines closes new investment round of $12 million

Pros and Cons of Integrating Robotics in Manufacturing

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As technology advances, it paves the way for new breakthroughs in automation. It’s, therefore, not a surprise that the robotics industry is experiencing a significant boom. This trend is especially true for industrial robotics tailored to the manufacturing sector.

There are many applications for robotics, and automated integration is extensive, from medical device production and food packaging to metal fabrication and consumer goods assembly.

As a manufacturing company, however, it’s crucial to assess your unique application to identify possible downsides and benefits of industrial robots before integration. This post explores the pros and cons of incorporating robotics into manufacturing processes. Read on to learn more. [Read more…] about Pros and Cons of Integrating Robotics in Manufacturing