Robotics & Automation News

Market trends and business perspectives

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Micrologistics startup Takeoff Technologies raises $25 million

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Takeoff Technologies has closed its Series C fundraising with an additional $25 million in investment for 5 percent of the company, with a valuation of $500 million, bringing the total funds raised to $86 million.

The Series C funding was led by Forrestal Capital. This funding is set to propel a rollout scale across North America, Europe and Australia.

Takeoff is at the forefront of microfulfillment as the first and only solution provider with several operating sites in partnership with major grocery retail chains. [Read more…] about Micrologistics startup Takeoff Technologies raises $25 million

Going ‘smart’ helps factories make 12 per cent gains, says new report

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Implementing smart technologies has enabled factories make gains of up to 12 percent, according to an authoritative new report by Deloitte and the Manufacturers Alliance for Productivity and Innovation.

The areas in which the gains were achieved include: manufacturing output – an important US economic indicator; and factory utilization; and labor productivity.

Looking ahead, smart factory initiatives could lead manufacturers to experience labor productivity increases of 4 percent, which represents a three-fold improvement over the past decade’s average annual growth rate of 0.7 percent (2007-2018). [Read more…] about Going ‘smart’ helps factories make 12 per cent gains, says new report

Via’s on-demand mobility service ‘exceeding targets’ in Australia

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Via, a provider and developer of on-demand public mobility solutions, has released metrics for its new Cooee Busways transport system, launched in partnership with Transport for New South Wales (TfNSW) and Busways, an Australian transportation provider.

Despite only starting operations on May 27, Via says “residents are already flocking to the new service by the thousands, with ridership exceeding targets, and vehicle utilization well ahead of the project’s goals”.

Called Cooee Busways, the new on-demand shared transit network provides first- and last-mile connections for residents in The Ponds, Schofields and Kellyville Ridge, linking more residents with the new Sydney Metro public transportation hubs. [Read more…] about Via’s on-demand mobility service ‘exceeding targets’ in Australia

Pack Expo to showcase robots in packaging industry

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Robot use in the packaging industry has grown nearly 48 percent among consumer packaged goods companies and 30 percent in the life sciences and pharma sector.

Pack Expo Las Vegas and co-located Healthcare Packaging Expo – scheduled for September 23-25, 2019 at the Las Vegas Convention Center – is primed to introduce the “Robotics Zone”, a new show floor destination that spotlights new robotic technology, human and robot interaction and collaborative robot displays.

The new destination area is an ideal place for attendees to get ideas and inspiration, meet leading robot providers and interact with cutting edge robotic technologies first-hand. [Read more…] about Pack Expo to showcase robots in packaging industry

Collaborative robot market forecast to grow beyond $11 billion by 2030

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The collaborative robot market will exceed $11 billion by 2030, representing 29 percent of the total industrial robot market, according to ABI Research.

Buoyed by early innovators and adopters, the collaborative robotics market will become increasingly mainstream over the next 10 years.

The new analysis from global tech market advisory firm, ABI Research finds that the yearly revenue for cobot arms will reach $11.8 billion by 2030, an enormous increase from $711 million in 2019. [Read more…] about Collaborative robot market forecast to grow beyond $11 billion by 2030

Cashier-less shopping ‘not in demand’ for US small businesses

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Small businesses should keep their cashiers, according to the 2019 Cox Business Consumer Pulse on Small Businesses in the US.

The Amazon Go cashier-less shopping model is only of growing interest among respondents ages 18-29 – up eight percentage points from last year. Seventy-seven percent of surveyed consumers prefer to interact with other people at the checkout.

The preference for person-to-person interaction likely has to do with the level of service small businesses deliver. Fifty-three percent of surveyed consumers said small businesses provide better customer service than larger businesses.

[Read more…] about Cashier-less shopping ‘not in demand’ for US small businesses

Ket-Met reduces machine costs by more than 40 percent, says Universal Robots

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Ket-Met has been able to reduce machine costs by more than 40 percent through the application of collaborative robots, according to a case study by Universal Robots

Ket-Met is a Finnish subcontract machine tooling shop.

Until recently, the company had progressively lost its cost competitiveness – the main reason for this was that its traditional way of using CNC machines required too much manpower.

Machine hour costs were reduced by over 40 percent due to Universal Robots’ cobots.

This helped the company win new orders. [Read more…] about Ket-Met reduces machine costs by more than 40 percent, says Universal Robots

ABB to supply high power charging for new era of e-mobility in Scandinavia

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ABB is to equip new electric vehicle (EV) charging stations across Denmark, Norway and Swede, starting with a first station now open in Fredericia, Denmark.

The station, a joint venture with E.ON Drive & Clever, and is part of ABB’s plan to roll out 48 high-power charging stations across the motorways of Denmark, Norway and Sweden.

The pilot station, which will be one of eight stations to launch in Denmark by the end of 2020, features ABB Ability-enabled high-power chargers, which are capable of adding up to 200 km of range in just eight minutes.

[Read more…] about ABB to supply high power charging for new era of e-mobility in Scandinavia

Trump announces tariffs on imports from Mexico

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After recently increasing the percentage of tariffs and applying them to a broader range of Chinese imports, US President Donald Trump has now imposed new tariffs on imports from Mexico. 

The proposed 5 percent tariff on all Mexican imports is yet to be made official, but Trump’s announcement has already caused concern across a range of sectors.

Trump said today on Twitter: “On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied, at which time the Tariffs will be removed. Details from the White House to follow.” [Read more…] about Trump announces tariffs on imports from Mexico

US footwear manufacturers call for Trump to end new China tariffs

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More than 200 footwear manufacturers in the US have sent President Donald Trump an open letter calling for an end to what they call the “catastrophic” and “unfathomable” new tariffs on Chinese imports. 

The companies include global and household names such as Adidas, Cat, Converse, K-Swiss, Nike, Puma, Ugg, and Under Armour, among many others.

The letter was sent under the auspices of the Footwear Distributors and Retailers of America, the leading industry association, representing a total of 500 companies and brands worldwide. [Read more…] about US footwear manufacturers call for Trump to end new China tariffs