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Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

April 28, 2020 by Sam Francis Leave a Comment

Brain Corp, a developer of artificial intelligence systems for the robotics industry, has raised $36 million in Series D funding to “help meet the growing demand for autonomous mobile robots”.

The company says the growth is being generated by retail, healthcare, airports, education and other industries now on the front lines of the coronavirus health crisis.

The round was led by returning investor SoftBank Vision Fund 1, and includes new investors ClearBridge Investments, and Satwik Ventures, and an additional investment from Qualcomm Ventures. [Read more…] about Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

Dover and Burke Porter partner to develop ‘first-ever’ automated ADAS calibration system

November 23, 2019 by Sam Francis Leave a Comment

Superlarge diversified global manufacturer Dover Corporation and Burke Porter Group, a supplier of testing and assembly systems, are partnering to develop “Mosaic”, which they say is the “first-ever” automated calibration system for advanced driver-assistance systems (ADAS).

ADAS is the umbrella term referring a number of technologies which give cars and other vehicles certain features that make them more automated or autonomous. Examples include collision avoidance, autonomous braking in emergencies, self-parking, and cruise control.

The specific Dover business unit involved in the partnership is Chief Collision Technology, formerly known as Chief Automotive Technology and part of VSG and Dover. [Read more…] about Dover and Burke Porter partner to develop ‘first-ever’ automated ADAS calibration system

Akasol wins ‘major contract’ to supply lithium-ion battery systems for new e-buses

January 25, 2017 by Sam Francis

akasol kvb e-bus — Sustainable passenger transportation without environmentally damaging emissions: one of eight battery-powered articulated buses with Akasol battery systems operating as part of Cologne’s public transportation network. (Photo: Koelner Verkehrsbetriebe)

Akasol says it has agreed a deal with “an internationally operating commercial vehicle manufacturer based in northern Europe” for the serial production of lithium-ion battery systems for its entire fleet of e-buses.

Akasol claims the contract with the original equipment manufacturer is worth “hundreds of millions of euros” and lasts until 2023, and outlines a close, long-term partnership between both companies and involves the supply of up to 4,500 battery systems.

Sven Schulz, CEO of Akasol, says: “Thanks to our technological expertise and nearly 30 years of experience in the field of traction battery systems for the automotive industry, we made an impressive bid and were able to set ourselves apart from the competition.” [Read more…] about Akasol wins ‘major contract’ to supply lithium-ion battery systems for new e-buses

Industrial design: Prepare for product as a service

January 9, 2017 by Sam Francis

Bob Hillier, managing director of product lifecycle management solutions provider Design Rule discusses the concept of PaaS and the software tools that can help OEMs make the move to this new sales model

Global power systems company Rolls-Royce recently celebrated the 50th anniversary of its “Power-by-the-Hour” approach to engine maintenance management.

Since its introduction, we’ve seen companies from the automotive, aerospace and industrial sectors following suit, making product as a service (PaaS) plans available to their customers.

Offering PaaS involves a complete transformation of the original equipment manufacturer business model. It returns ownership and responsibility to the OEM, which drives the need for more reliable and higher quality products being delivered. [Read more…] about Industrial design: Prepare for product as a service