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Robotic last-mile deliveries to generate almost $50 billion in revenue by 2030

March 13, 2020 by David Edwards Leave a Comment

Robotic last-mile deliveries are forecast to generate almost $50 billion in revenue by 2030, according to a new report by Lux Research.

Automated parcel delivery technologies, such as small mobile delivery robots, are growing due to the rise in consumer demand for faster deliveries.

The rise in e-commerce is fueling rapid growth in parcel delivery volumes, a market expected to grow to $665 billion by 2030. Consumers are increasingly expecting parcels to be delivered quickly. [Read more…] about Robotic last-mile deliveries to generate almost $50 billion in revenue by 2030

Veo Robotics could make all industrial robots collaborative

April 15, 2019 by Sam Francis

Traditional industrial robots tend to be very large and potentially dangerous, which is why they tend to be caged off and kept separate from human workers.

But a new company called Veo Robotics says it has the technology to transform traditional industrial robotic arms into safe machines that humans can work alongside, within close proximity.

Veo’s solution could make every industrial robot a collaborative robot. The term “collaborative” is recognized by international standards organizations and usually applies to much smaller, newer types of robots which are specifically designed to safe for humans to work with. [Read more…] about Veo Robotics could make all industrial robots collaborative

Johnson Controls acquires Lux Products Corporation

October 8, 2018 by Anna

Johnson Controls has acquired the assets of Lux Products Corporation (LUX), a leader in residential thermostats and smart home products. Lux markets several successful residential and commercial lines ranging from timers to smart home thermostats including Kono and Geo.

“The acquisition of Lux strengthens our portfolio in the consumer retail channel and offerings in thermostats,” said Chris Eichmann, vice president, general manager of Johnson Controls.

This announcement comes shortly after the launch of Johnson Controls’ new GLAS®, a new smart thermostat that features a translucent OLED touchscreen display, among other high-tech features.