Market trends and business perspectives
Cobalt Robotics has raised $35 million in its Series B funding round, led by Coatue.
The company says the investment round will enable it to expand its security robots-as-a-service throughout the US.
Cobalt Robotics is a physical security service provider that builds indoor autonomous robots to make security and facility operations more effective. [Read more…] about Cobalt Robotics raises $35 million Series B funding with Coatue
Huawei has partnered with Festo to jointly explore the 5G network application of manufacturing and to promote the digital transformation of the manufacturing industry with 5G slicing technology.
5G slicing refers to the practice of segmenting a portion of the 5G network for a specific client or requirement – it’s like what cloud computing is to the internet.
The agreement between Huawei and Festo is based on 5G cloud robotics to test the “robot as a service” concept, or RaaS, which is part of the manufacturing digital transformation that supports the shift from mass production to mass customizing and offers value-based services in smart factories. [Read more…] about Huawei and Festo link up for smart manufacturing and robotics as a service based on 5G slicing
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