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investment

Raspberry Pi receives strategic investment from Sony

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Sony Semiconductor Solutions and Raspberry Pi have reached an agreement by which SSS is to make a strategic investment in RPL.

The minority investment cements the relationship between the two companies, to provide a development platform for SSS’s edge AI devices to the worldwide community of Raspberry Pi users.

Terushi Shimizu, p0resident and CEO of Sony Semiconductor Solutions, says: “Our goal is to provide new value to a variety of industries and support them in solving issues using our innovative edge AI sensing technology built around image sensors. [Read more…] about Raspberry Pi receives strategic investment from Sony

Vanguard to invest $6 million in automaton at Georgia facility

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Briggs & Stratton, one of the world’s largest producers of engines for outdoor power equipment, is making an additional investment of $6 million in its Advanced Battery Manufacturing facility in Tucker, Georgia, to improve the safety, efficiency and production capacity of its Vanguard Lithium-Ion Battery Packs through the addition of automated equipment within its manufacturing process.

The 78,000-square-foot facility opened in 2020 to support a strategic supply agreement with Ingersoll Rand to power Club Car vehicles with Vanguard Lithium-Ion Battery Packs.

The Tucker location includes four production lines with the capacity to accommodate future growth as the demand for battery power continues to grow across the off-highway industry. [Read more…] about Vanguard to invest $6 million in automaton at Georgia facility

Saudi Industrial Investment Group stakes $70 million in Unibio

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Producer of high quality, sustainable protein for the global animal feed market
Unibio has announced an investment of approximately $70 million from the Saudi Industrial Investment Group (SIIG).

Unibio was the Wealth Club’s first ever single company Enterprise Investment Scheme (EIS) offer to its clients in 2017.

Unibio has developed technology to convert natural gas (methane) into organic, high quality sustainable protein for the global animal feed market on an industrial scale. [Read more…] about Saudi Industrial Investment Group stakes $70 million in Unibio

Europalco buys two robots from Kuka to add ‘wow factor’ to shows

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Europalco, a Portuguese company which claims to be “the largest provider of solutions for events and shows in Southern Europe”, has recently invested in two Kuka robots to “create differentiating events with a new ‘wow factor’” for its clients.

Europalco plans to use the Kuka KR210 robots in many ways, with LED walls, LCD, lasers, and even artists or people assisting the events. The robots can hold, move, or animate monitors or video screens. They can also be used to produce props and mobile stage designs. The range of applications is limitless.

The Kuka KR210 are fast, dynamic, and flexible to bring splendid effects to the stage and the event. Engineers can leverage the flexibility of robots to create fascinating static stage sets for performance. [Read more…] about Europalco buys two robots from Kuka to add ‘wow factor’ to shows

Neubility raises 3 billion won investment from Samsung

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Neubility, an autonomous robot services company, has received a 3 billion won ($2.3 million) investment from Samsung Venture Investment.

With this investment, it has achieved about 30 billion won in total cumulative investments, while establishing a bridgehead for its global business by entering major overseas markets, such as Japan, Europe, and the United States, and building a production base in Southeast Asia.

Neubility is rapidly increasing its service competitiveness by accumulating data on urban driving experience from the CES 2023 Innovation Award-winning self-driving robot, Neubie, and the Robot as a Service (RaaS) platform, Neubiego. [Read more…] about Neubility raises 3 billion won investment from Samsung

ABB to invest another $20 million on expanding its robotics factory in US

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ABB has strengthened its commitment to one of its largest customer markets – the US – with construction starting on the expansion of its existing North American robotics headquarters and manufacturing facility in Auburn Hills, Michigan.

The project is expected to be completed in November 2023 and represents an investment of $20 million. The expansion will create 72 highly skilled new jobs in the area and is supported by a $450,000 Michigan Business Development Program performance-based grant.

Sami Atiya, president of ABB Robotics and Discrete Automation, says: “Our investment is a significant step in accelerating ABB Robotics’ global leadership in developing and manufacturing cutting -edge robotic solutions in the US, for the Americas. [Read more…] about ABB to invest another $20 million on expanding its robotics factory in US

Bitcoins’ public and confidential keys are critical

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The outstanding assessment of the cryptocurrency in creating a cryptographic ecosystem by pairing several digital keys that keep the recording confidential is impressive.

The principal cryptocurrency, an excellent investor in the league, has a public key that works with essential identification. And private keys that respond to keeping the secret part of the documentation by using the authentic password.

The entire cryptocurrency management is addressed with the Association of digital keys, which works together to provide protection. The balance of the private key in making the ownership of the digital money is fantastic for the funding investors via Bitcoin Millionaire Pro. [Read more…] about Bitcoins’ public and confidential keys are critical

Effective Methods to Buy and Trade Bitcoin

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Bitcoin created its business late in 2019 with its automatic networking on the internet with the introduction of blockchain technology. Satoshi Nakamoto decided to engage with the investors by identifying the market’s needs.

The digital currency-oriented unit is stored in the blocks of Technology for the ordinary individual who struggles to visit the banks. The option of cryptocurrency needed to be prepared for the affluent investors who can significantly profit from the currency.

Bitcoin was more of a comfortable unit that entered the market to provide more significant assistance to thousands of middle individuals. Immediate Edge the unit is sufficient to make their astonishing journey in digital money seamless. [Read more…] about Effective Methods to Buy and Trade Bitcoin

Intel to invest $20 billion in building two new chip factories in Ohio

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Intel has announced plans for an initial investment of more than $20 billion in the construction of two new leading-edge chip factories in Licking County, Ohio.

The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of Intel’s IDM 2.0 strategy.

As the largest single private-sector investment in Ohio history, the initial phase of the project is expected to create 3,000 Intel jobs, 7,000 construction jobs over the course of the build, and support tens of thousands of additional local long-term jobs across a broad ecosystem of suppliers and partners. [Read more…] about Intel to invest $20 billion in building two new chip factories in Ohio

Core Industrial Partners acquires GEM Manufacturing

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Core Industrial Partners, a manufacturing, industrial technology, and industrial services-focused private equity firm, has acquired GEM Manufacturing, a provider of precision deep drawn metal components and mechanical assemblies.

GEM represents the fifth platform investment in Core Industrial Partners Fund II, a $465 million fund closed in February 2021.

Founded in 1950, GEM utilizes vertical transfer and progressive die press technology to manufacture high-precision deep drawn components spanning from prototype through high-volume applications. [Read more…] about Core Industrial Partners acquires GEM Manufacturing