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Geek+ raises $100 million in latest financing round with strategic investment from Intel

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Geek+, a maker of warehouse automation technologies, has closed a new, $100 million series E1 funding series, with the company valued at over $2 billion.

Investors in the round include Intel Capital, Vertex Growth, and Qingyue Capital Investment. The company will use this funding to accelerate its global market expansion and invest in its AMR technology research and development for key product innovation.

In early 2021, Geek+ closed a previously undisclosed series D financing round led by CPE. In 2021, Geek+ registered annual revenue of $150 million and over $300 million in orders. [Read more…] about Geek+ raises $100 million in latest financing round with strategic investment from Intel

Solinftec unveils new sprayer robot for farms

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Solinftec, a global leader in agricultural digitalization, has unveiled a new sprayer robot for applications on farms and in agriculture.

The company says it is expanding its Solix Ag Robotics offerings. In addition to its Solix Scouting robot, the company has unveiled its Solix Sprayer robot designed to detect and spray weeds.

In partnership with the manufacturing, research, and development company, McKinney Corporation, who will produce and manufacture the Solix spray robot, this new cutting-edge technology is slated to become commercially available in 2023 to the entire agricultural market including farmers, cooperatives, and ag-retailers. [Read more…] about Solinftec unveils new sprayer robot for farms

Kuehne+Nagel shows off solar-powered delivery trucks

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As part of the goal to create more sustainable supply chain solutions, Kuehne+Nagel is reducing CO2 emissions in the Netherlands with photovoltaics – solar panels – installed on top of trucks.

The solar panels reduce fuel consumption by up to 1.200 litres per year, per vehicle. This reduces a truck’s overall fuel consumption by up to 6 percent, lowering CO2 emission per truck by 3.8 tonnes on an annual basis.

Traditionally, trucks consume a large amount of electricity which is generated by the alternator. The photovoltaics now supply the trucks with solar electricity. When driving, there is a decreased load on the engine which lowers fuel consumption. [Read more…] about Kuehne+Nagel shows off solar-powered delivery trucks

ZF to showcase autonomous commercial transportation system solutions

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ZF’s Commercial Vehicle Solutions division will present its latest range of future-ready automation technologies and expertise at IAA Transportation 2022.

This includes ZF’s innovative next generation Autonomous Driving Open Platform Technology (ADOPT) automated chassis control solution.

The advanced platform bridges autonomous vehicles’ virtual driver software with its actuation systems using standardized interfaces developed to automotive standards. [Read more…] about ZF to showcase autonomous commercial transportation system solutions

Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

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As the world emerges from the global pandemic, retail is growing at levels not seen in the last two decades. Retail sales grew by 7 percent in 2020 and by over 14 percent in 2021, which is in stark contrast to the 3.7 percent annual growth between 2010 and 2019.

The increased demand for retail has put a strain on supply chains and retail operations worldwide. As a result, retailers and stakeholders are turning to automation solutions such as mobile robotics for operational ease.

According to global technology intelligence firm ABI Research, worldwide commercial robot revenue in retail stores will have a Compounded Annual Growth Rate (CAGR) of over 25 percent from 2022 to 2030 and exceed $8.4 billion by 2030. [Read more…] about Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

Scythe Robotics receives 7,000 orders for its autonomous law mowers

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Scythe Robotics has received 7,000 orders for its autonomous law mowers, according to a report The Denver Post website.

The startup company says it plans to expand its manufacturing facility in Colorado to be able to handle the orders, adding that its mowers have received strong interest from all across the United States.

Scythe Robotics specializes in building commercial-grade autonomous robotic solutions for the landscaping industry, and its first offering is an all-electric, fully autonomous mower, designed completely in-house. [Read more…] about Scythe Robotics receives 7,000 orders for its autonomous law mowers

ABB appoints ATS Global to advance data center automation business

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ABB has signed an agreement with ATS Global to extend the reach of the ABB Ability Data Center Automation business.

The Netherlands-headquartered company has become a Global System Integrator (GIS) and will work with ABB to combine expertise and resources, testing the advantages and effectiveness of potential collaborations for data center customers and growing their respective businesses.

DCA is ABB’s industrial solution for on-premise and hybrid cloud environments. It is a controls, hardware and software solution for control, monitoring and optimization of data center infrastructure, with mechanical control in building management system, electrical power management system, supervisory control and data acquisition, and data center infrastructure management capabilities in a single, ruggedized industrial solution. [Read more…] about ABB appoints ATS Global to advance data center automation business

Vanderlande selects Kollmorgen to supply robots to further automate warehouses

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Warehouse automation giant Vanderlande has selected Kollmorgen NDC Solutions as a technology and service partner for their automated guided vehicle (AGV) applications.

Based on Toyota Material Handling forklifts equipped with the Kollmorgen NDC Solutions technology, Vanderlande aims to strengthen and grow their portfolio of complete logistic and warehouse solutions.

Vanderlande is a market-leading, global partner for future-proof logistic process automation in the warehousing, airports and parcel sectors. [Read more…] about Vanderlande selects Kollmorgen to supply robots to further automate warehouses

Dual Extruder 3D Printing Advantages How to Use

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A dual extruder allows people to print things in two colors, and it helps to make the printing process a little faster, or perhaps a little more efficient, and as yet may prove to offer a broader range of printing options as we advance the technology behind 3D printing.  [Read more…] about Dual Extruder 3D Printing Advantages How to Use

Addverb Technologies releases new sorter robot for warehouses

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Addverb Technologies, a robotics company providing warehouse automation solutions, has released a new sorter robot called SortIE – a fast-moving scalable solution for rapid and efficient order fulfilment.

As a fully automated robotic put-to-wall sorting system, SortIE is capable of performing SKU-wise intelligent sortation at very high speeds and at different height levels.

Additionally, it enables easy and rapid picking. It can be easily integrated with existing conveying systems such as conveyors, robots, and manual transport with no impact on ongoing operations. [Read more…] about Addverb Technologies releases new sorter robot for warehouses