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Ideal Spindles for High-Speed Robotic Milling of Plastics and Composites

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By Mark Fairchild

Robot arms are finding their way into a wide variety of applications because of their precision, strength, and versatility. Robotic milling systems have become more common in recent years and have several advantages over traditional machine tools for certain applications.

One application for which robot arms are well suited is using a kind of deburring tool as a cutting instrument when working with relatively soft materials like plastics and composites. [Read more…] about Ideal Spindles for High-Speed Robotic Milling of Plastics and Composites

Agility Robotics set to open ‘world’s first factory for humanoid robots’

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Agility Robotics, creator of the bipedal humanoid robot Digit, says it is planning to open what it calls “RoboFab”, the company’s robot manufacturing facility in Salem, Oregon with the capability to produce more than 10,000 robots per year.

Initial construction of Agility’s 70,000 square foot robot factory began last year, and it is set to open later this year. Agility anticipates production capacity of hundreds of Digit robots in the first year, with the capability to scale to more than 10,000 robots per year.

At full capacity, RoboFab will employ more than 500 workers in Salem, in addition to employees at Agility’s other locations. Digit also will work in the new factory, in a similar capacity to Agility’s customer sites, moving, loading, and unloading totes. [Read more…] about Agility Robotics set to open ‘world’s first factory for humanoid robots’

ABB plans stunning new robotics hub in Sweden as part of $280 million investment in Europe

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Industrial power and automation giant ABB is planning to invest $280 million to expand its manufacturing footprint in Europe and build a stunning new state-of-the-art facility in Västerås, Sweden – the ABB Robotics European Campus.

The Campus will serve as the hub for ABB Robotics’ offering in Europe, providing customers with AI-enabled collaborative and industrial robots, as well as digital solutions to support flexible automation as part of the company’s “local for local” production strategy.

Replacing the existing robotics facilities at the site, the new Campus is planned to open in late 2026. [Read more…] about ABB plans stunning new robotics hub in Sweden as part of $280 million investment in Europe

Vicarious Surgical agrees strategic development plan with Intermountain Health

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Vicarious Surgical, a developer of surgical robotics, has signed a strategic development agreement with Intermountain Health, a leading US healthcare system.

Intermountain Health is a nonprofit system of 33 hospitals, 385 clinics, medical groups with some 4,300 employed physicians and advanced care providers, a health plan division – Select Health – with more than one million members, and other health services, headquartered in Utah with locations across Colorado, Idaho, Kansas, Montana, Nevada and Utah.

Helping people live the healthiest lives possible, Intermountain Health is committed to improving community health and is widely recognized as a leader in transforming healthcare by using evidence-based best practices to consistently deliver high-quality outcomes at sustainable costs. [Read more…] about Vicarious Surgical agrees strategic development plan with Intermountain Health

Robotics market will be worth $218 billion by 2030, forecasts GlobalData

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There are already well over 3 million industrial robots installed worldwide, and the pace of installation is increasing rapidly.

Use cases are proliferating from shelf stacking to cleaning to manufacturing. Robots are increasingly important as many countries struggle with labor shortages and aging populations.

Against this backdrop, the robotics market is forecast to reach $218 billion by 2030, according to GlobalData, a data and analytics company. [Read more…] about Robotics market will be worth $218 billion by 2030, forecasts GlobalData

Nauticus Robotics and Leidos execute additional $2.1 million contract extension

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Nauticus Robotics, a developer of autonomous robots using artificial intelligence for data collection and intervention services for the ocean industries, has been awarded an additional $2.1 million under its current contract with Leidos, a science and technology company.

The additional funding augments the earlier award and this program has received $16.6 million in funding from Leidos since 2022. The technology developed is expected to underpin future, economically material opportunities. [Read more…] about Nauticus Robotics and Leidos execute additional $2.1 million contract extension

Indxx licenses robotics and AI themed investment vehicle for Korean ETF

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Indxx has gained the licensing of its Indxx Global Robotics & Artificial Intelligence Thematic Index Methodology to Mirae Asset Global Investments as the underlying benchmark for the TIGER Global AI & Robotics Indxx ETF (Ticker:464310) which began trading recently on the Korea Exchange (KRX).

Indxx Global Robotics & Artificial Intelligence Thematic Index is designed to track the performance of companies listed in developed markets that are expected to benefit from the increased adoption and utilization of Robotics and Artificial Intelligence, including companies involved in Industrial Robotics and Automation, Non-Industrial Robots, Artificial Intelligence and Unmanned Vehicles.

Rahul Sen Sharma, CEO at Indxx, says: “Artificial intelligence is poised to define this decade. We are seeing tremendous adoption of Robotics and AI exposure. [Read more…] about Indxx licenses robotics and AI themed investment vehicle for Korean ETF

Olis Robotics secures $4 million funding to meet ‘surging demand’ for remote robot management

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Olis Robotics, specialists in remote monitoring, control, and error recovery technology for industrial robots, has raised $4.1 million funding in a round led by PSL Ventures.

Additional investors include Tectonic Ventures, Ubiquity Ventures, as well as several prominent strategic angel investors, including robotics pioneer Daniel Theobald, the president and co-founder of MassRobotics and founder and chairman of Vecna Robotics.

By safely enabling remote monitoring, control, and troubleshooting of industrial robots, Olis Robotics’ unique “Olis Connect” system significantly improves Overall Equipment Effectiveness (OEE), effectively addressing costly robot downtime. [Read more…] about Olis Robotics secures $4 million funding to meet ‘surging demand’ for remote robot management

Serve Robotics raises $30 million financing to scale robotic delivery

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Serve Robotics, a developer of autonomous sidewalk delivery robots, has raised another $30 million in financing, bringing the company’s total funds raised to over $56 million.

Concurrent with the raise of new capital and conversion of existing convertible notes, Serve also completed a reverse merger with Patricia Acquisition, a public Delaware corporation, whereby Serve became a wholly owned subsidiary of Patricia.

Following the transaction, Patricia changed its name to Serve Robotics and will continue the historic business of Serve. [Read more…] about Serve Robotics raises $30 million financing to scale robotic delivery

Plymouth university students design and build ‘scarecrow’ robots to protect wildlife

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Plymouth State University (PSU) students in their “Spring 2023 Industrial Robotics” course began work on a multi-semester project to bring new life to a pair of robots belonging to Casella Waste Systems, which has used six of these robots to ward off wildlife at their Bethlehem, New Hampshire landfill for roughly the past four years.

The project will continue during the next school year, providing a hands-on learning experience in a partnership that will benefit students, Casella, and ultimately regional wildlife.

The partnership between Plymouth State University’s first-in-the-state Robotics bachelor’s degree program and Casella was created in the hopes of bringing many of these robots, which use obsolete systems and have fallen into general disrepair, back into peak working order. [Read more…] about Plymouth university students design and build ‘scarecrow’ robots to protect wildlife