Robotics & Automation News

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sandvik

Oqton raises over $40 million investment for its digital manufacturing platform

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Oqton, an American-Belgian software company specialising in artificial intelligence-powered solutions for the manufacturing industry, has raised more than $40 million in a Series A financing round, led by Fortino Capital, a leading B2B software investor, by PMV, the regional Flemish investment fund, and by Sandvik, a global engineering group.

The founding team – Samir Hanna and Ben Schrauwen – and several angel investors, including Carl Bass, who is the former CEO Autodesk, Dries Buytaert, of Drupal and Acquia, and Peter Mercelis, of Layerwise, also participated in the round.

The financing will be used to further develop its platform, while expanding its commercial partnerships in multiple domains and verticals, including additive manufacturing, robotic welding, and CNC machining. [Read more…] about Oqton raises over $40 million investment for its digital manufacturing platform

3D printed diamonds: Large companies forecast to spend $3 billion on 3D printing by next year

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Sales of products related to 3D printing by large public companies is expected to grow by 12.5 percent to top $3 billion by 2020, according to a study from Deloitte.

Much of it will come from greater use of metal parts in applications beyond rapid prototyping – manufacturing and / or repair.

As background, the global manufacturing sector’s revenue as a whole totals approximately $12 trillion annually. [Read more…] about 3D printed diamonds: Large companies forecast to spend $3 billion on 3D printing by next year

Sandvik celebrates 20 years of its giant self-driving mining vehicle with arty film

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Sandvik, the well known Swedish maker of massive mining vehicles, is celebrating 20 years of its driverless “Automated Loader” with an arty film in which it navigates and then melodramatically destroys a glass labyrinth. (See videos below.)

In recent years, self-driving vehicles have become a frequent discussion topic, mainly because there are so many autonomous road-going vehicles being developed by the leading automakers.

But in the mining industry, driverless vehicles have been around a long time and have been busy being productive. The Sandvik loaders are about the size of a truck.  [Read more…] about Sandvik celebrates 20 years of its giant self-driving mining vehicle with arty film

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