Robotics & Automation News

Where Innovation Meets Imagination

products

Mitsubishi Electric to invest $223 million to build new factory in India

by

Mitsubishi Electric says it will invest approximately 26.7 billion yen (about $222.5 million), in its subsidiary company Mitsubishi Electric India to establish a factory for the production of room air conditioners and compressors in India.

Local production, targeted to start in October 2025, is expected to help the company meet growing demand in the Indian market. Initial annual capacity will total 300,000 room air conditioner outdoor units and, beginning in December 2025, 650,000 compressors.

The demand to replace older air conditioning and refrigeration systems with newer models is expected to continue growing as consumers and companies shift to energy-saving and low-GWP refrigerants. [Read more…] about Mitsubishi Electric to invest $223 million to build new factory in India

Bosch to acquire 12 percent of Husqvarna

by

Bosch has agreed to acquire shares in the long-established Swedish company Husqvarna. The acquisition will increase its shareholding to roughly 12 percent in the company’s share capital in total. Numbers were not disclosed. 

Husqvarna is listed on Nasdaq Stockholm. In acquiring these shares today, Bosch intends to strengthen the battery alliance between the two companies.

Husqvarna also includes the Gardena subsidiary and its Flymo brand, both of which are also partners in the Bosch Power Tools division’s “Power for All Alliance”. [Read more…] about Bosch to acquire 12 percent of Husqvarna

Insuring against the risks of automation

by

The adoption of automation technologies has been growing at an astonishing rate across various industries in recent years.

Advancements in robotics, new AI applications, mounting labor shortages, increasing costs associated with humans performing mundane tasks, and post-Covid-19 effects – all contributed to its growth.

In fact, we are witnessing the formation of what we call “automation as a class” – a new vertical aimed at increasing productivity throughput, safety, and service reliability across all industries. [Read more…] about Insuring against the risks of automation

Why Artificial Intelligence is Digital Marketing’s Future

by

When it comes to business, marketing is the area where many experts widely predict that enormous change will occur due to artificial intelligence.

Moreover, beyond sales, studies have found this single function where the technology is likely to have the most impact financially.

What this means is that marketers who aren’t leveraging the power of AI are likely to miss out on all of the transformative advantages it offers. For this reason, it’s considered to be digital marketing’s future. [Read more…] about Why Artificial Intelligence is Digital Marketing’s Future

Flexiv to unveil new robots at company event

by

Flexiv, a builder of general-purpose robotics solutions, will be launching a range of new products at its inaugural Flexiverse event today.

A spokesperson for the company says: “Although the new releases are top secret for the moment, i can tell you that one is a new type of Delta robot and another is a revolutionary new robotic gripper.”

The live presentation will see the founding members of Flexiv and various department managers take to the stage to showcase Flexiv’s latest product releases, and the progress Flexiv has made over the past year. [Read more…] about Flexiv to unveil new robots at company event

Lockheed Martin Ventures invests in on-demand manufacturing startup Machina Labs

by

Machina Labs has completed an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation, a global security and aerospace company.

Machina Labs combines AI and robotics to rapidly manufacture advanced sheet metal products. This latest funding brings the total raised by Machina Labs to $21.8 million.

The investment will be used to accelerate company growth to meet customer demand, and to expand R&D into additional processes and metallurgical offerings. [Read more…] about Lockheed Martin Ventures invests in on-demand manufacturing startup Machina Labs

2023 Predictions & Forecasts: The future is bright machines

by

Two senior executives from Bright Machines, a manufacturing automation company, give Robotics and Automation News their thoughts and forecasts for the year ahead.

The predictions offer insight on manufacturing trends, supply chain evolution, the future of automation, and more. [Read more…] about 2023 Predictions & Forecasts: The future is bright machines

Epson signs Motion Automation Intelligence as distributor in central and southeast US regions

by

Epson Robots, one of the largest robot manufacturers in the world, has signed Motion Ai, a supplier of automation products and motion control solutions, as an official distributor of Epson Robots automation solutions.

Partnering with the industry’s leading manufacturers, Motion Ai is a one-stop-shop for automation products and custom solutions for businesses in several industries including semiconductor, pharmaceutical, medical, logistics, automotive, aerospace and more.

Jim Hennen, vice president, Motion Ai, central region, says: “Interest in automation has significantly increased as businesses are seeking new ways to fill labor shortages. [Read more…] about Epson signs Motion Automation Intelligence as distributor in central and southeast US regions

Kodiak Robotics equips autonomous trucks with Ambarella AI system-on-chip

by

Kodiak Robotics, a self-driving trucking company, has agreed a partnership with Ambarella, an edge AI semiconductor company, to integrate Ambarella’s CV2AQ AI perception system-on-chip (SoC) into its self-driving trucks for all camera data processing.

To kick off the partnership publicly, Kodiak will exhibit one of its self-driving trucks at Ambarella’s demo event in Las Vegas during the 2023 Consumer Electronics Show (CES).

Don Burnette, founder and CEO, Kodiak, says: “Our focus on building the world’s safest and most reliable self-driving trucks requires us to seek out the best partners. [Read more…] about Kodiak Robotics equips autonomous trucks with Ambarella AI system-on-chip

Wieland acquires Heyco Metals and National Bronze Manufacturing

by

With the acquisition of Hummock Industries, Wieland has acquired Heyco Metals, a leader in light and medium gauge copper, copper alloy, and stainless steel strip processing, and National Bronze, a manufacturer and distributor of bronze-based bearing products.

Hummock Industries is a family-owned holding company focused on long-term investments in North American-based manufacturing companies.

These complementary operations will further strengthen Wieland’s market position with expanded product offerings, manufacturing capabilities, and distribution networks in North America. [Read more…] about Wieland acquires Heyco Metals and National Bronze Manufacturing