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Rapid Robotics and Universal Robots partner to fight labor shortages with fast collaborative robot installations

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Rapid Robotics has formed a new partnership with Universal Robots in which the Danish collaborative robot producer will be supplying collaborative robot arms for Rapid Robotics’ installation of cobot work cells across North America.

As a proven manufacturer of high-quality, versatile robots, Universal Robots will enable Rapid Robotics to serve a greater number of customers and maintain the rapid deployment times they’ve come to expect even as Rapid Robotics continues to expand its national footprint.

Jordan Kretchmer, CEO and co-founder of Rapid Robotics, says: “As the number of unfilled, critical manufacturing roles increases and global economic uncertainty continues to impact supply chains, more and more North American manufacturers are turning to automation. [Read more…] about Rapid Robotics and Universal Robots partner to fight labor shortages with fast collaborative robot installations

Insuring against the risks of automation

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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

Recycleye raises additional $17 million in Series A funding

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Recycleye, provider of what it claims is “the most adapted and robust AI-driven solution for sorting dry mixed recycling”, has closed a $17 million Series A financing round, led by deep-tech venture capital firm DCVC.

Recycleye uses AI-powered waste-picking robots to lower the cost of sorting materials. This ground-breaking technology is turning the world’s waste into resource and delivering data essential for dynamic decision-making in a Material Recovery Facility (MRF).

The new investment will be used to further improve the uncommon accuracy of Recycleye’s sorting. [Read more…] about Recycleye raises additional $17 million in Series A funding

Industrial robotics market set for ‘overwhelming’ growth to $96.82 billion in revenues by 2032

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Sales in the global industrial robotics market are expected to total $33.75 billon by 2022, rising at a compound annual growth rate of 19.2 percent during the forecast period 2022-2028.

A 2022–2028 opportunity assessment and a global industry analysis are part of new market research on the industrial robotics market from Future Market Insights. The report analyses the industrial robotics market and makes significant forecasts for the years 2019 to 2029.

The industrial robotics market is projected to reach $96.82 billion by the end of 2028. As more focus is placed on increasing the productivity of high-volume production lines, particularly in the production of semiconductors and electronic devices, the market is expanding. [Read more…] about Industrial robotics market set for ‘overwhelming’ growth to $96.82 billion in revenues by 2032

Celera Motion unveils ‘world’s smallest’ servo drives

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Celera Motion, a business unit of Novanta, has launched what it says are “the world’s smallest servo drives”.

Named the Denali Series, the new compact, ultra-fast servo drives are perfect for a variety of service robots, surgical robots, industrial grippers and lab automation applications.

Denali is the latest addition to Celera Motion’s line of premium-performance Ingenia servo drives. [Read more…] about Celera Motion unveils ‘world’s smallest’ servo drives

Construction robotics company Kewazo raises $10 million in Series A funding

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Kewazo, a construction robotics startup, has closed its $10 million Series A funding round, bringing the total funds raised to date to approximately $20 million.

The round was led by Fifth Wall, with notable participation from Cybernetix Ventures, Unorthodox Ventures as well as the construction software company Nemetschek.

Existing investors True Ventures and MIG Capital also participated in the round. This round comes on the heels of Kewazo’s $5 million Pre-Series A that closed in September 2021. [Read more…] about Construction robotics company Kewazo raises $10 million in Series A funding

Built Robotics acquires Roin Technologies to expand beyond autonomous earthmoving

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Built Robotics, a construction autonomy company and inventor of the Exosystem, which “turns any excavator into a robot”, is acquiring Roin Technologies, the maker of the what is claimed to be the “first automated concrete power trowel”.

The acquisition will grow the capabilities of Built’s engineering team and accelerate key technological developments to expand automation beyond construction into new applications and markets.

Noah Ready-Campbell, founder and CEO of Built Robotics, says: “Since their founding, Roin’s team has pushed the boundaries of construction autonomy, which has created a unique expertise in our industry. [Read more…] about Built Robotics acquires Roin Technologies to expand beyond autonomous earthmoving

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

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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

Berkshire Grey and Locus Robotics combine to offer ‘industry-first’ cross-platform robotic automation

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Berkshire Grey, a provider of robotic solutions that automate supply chain processes, and Locus Robotics, a builder of autonomous mobile robotics for logistics and distribution warehouses, have agreed a partnership with the unveiling of their combined solution that integrates the Berkshire Grey Robotic Shuttle Put Wall (BG RSPWi) with Locus Origin and Locus Vector bots.

This “innovative integrated solution” uses end-to-end robotic automation solutions for retail and e-commerce customers looking to maximize their supply chain productivity and throughput while addressing growing labor shortages.

Ongoing labor availability and inflation challenges continue to put growing pressures on supply chain and distribution frameworks. [Read more…] about Berkshire Grey and Locus Robotics combine to offer ‘industry-first’ cross-platform robotic automation

Flexiv partners with Handplus Robotics to offer new robotic solutions

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Flexiv, a maker of “general-purpose” robotics solutions, has formed a partnership with Handplus Robotics, a Singaporean-based automation integration company.

Established in 2018, Handplus has extensive experience in automating logistics and manufacturing lines, making them the ideal partner to install and commission Flexiv’s range of seven-axis force-controlled robots.

With demand for Flexiv’s automation solutions growing year-on-year, Handplus’s already established distribution network within Singapore and Malaysia will empower Flexiv to meet the needs of an ever-increasing customer base. [Read more…] about Flexiv partners with Handplus Robotics to offer new robotic solutions