Robotics & Automation News

Where Innovation Meets Imagination

stock

Autonomous truck startup Kodiak to go public

by

Autonomous trucking startup Kodiak Robotics is to go public through a merger with Ares Acquisition Corporation II, a special purpose acquisition company affiliated with Ares Management Corporation.

The deal will make Kodiak a publicly listed company under the name Kodiak AI, with shares expected to trade under the ticker symbols KDK and KDK WS, pending regulatory approval.

Founded in 2018 by autonomy pioneer Don Burnette, Kodiak has emerged as a leading player in driverless trucking, developing an AI-powered automated driving system known as the Kodiak Driver. [Read more…] about Autonomous truck startup Kodiak to go public

Stock Pennant Pattern: Analysis and Trading Tips

by

The Stock Pennant Pattern is a popular chart pattern among traders, signaling potential continuation in the direction of the current trend.

This pattern forms during periods of consolidation following a strong price movement, creating a small symmetrical triangle.

Analyzing this pattern involves identifying its key features, such as converging trendlines and decreasing volume, which precede a breakout. [Read more…] about Stock Pennant Pattern: Analysis and Trading Tips

Alstom starts production of driverless trains for metro network in India

by

Alstom, a French multinational train manufacturer, has started the production of its driverless Metropolis trainsets for the Chennai Metro Phase II from its manufacturing facility in Sricity.

This order aims to deliver 36 metro trainsets, each comprising of three cars, and capable of operating at a top speed of 80 kmph. These trains are designed to run on the 26 km corridor, a segment of Phase II linking Poonamallee Bypass to Light House via 28 stations (18 elevated and 10 underground).

The production was commenced at a commemorative ceremony led by leaders from Chennai Metro Rail, and Alstom India. [Read more…] about Alstom starts production of driverless trains for metro network in India

McCoy’s Building Supply brings in Badger robots to help operate stores

by

Badger Technologies, a product division of Jabil and specialist in retail automation, is rolling out in-store robots at McCoy’s Building Supply to elevate operational efficiencies and bolster customer-service excellence following a successful robotics pilot.

As a result, Badger Technologies multipurpose, autonomous robots empower McCoy’s stores to detect out-of-stock (OOS) and incorrectly priced products with more than 95 per cent accuracy while helping to decrease OOS products by up to 50 per cent. McCoy’s also improved price-tag accuracy by more than 97 per cent.

Based in San Marcos, Texas, McCoy’s Building Supply is one of the nation’s largest, privately held building supply retailers with 85 stores throughout Texas, New Mexico, and Oklahoma. [Read more…] about McCoy’s Building Supply brings in Badger robots to help operate stores

Why Automation Should be Part of Your Digital Signage Strategy

by

Automation is not a futuristic word, it is just another way of ensuring your digital signs take as little effort as possible. It can work in several different ways.

For example, you could have a live feed of information that displays information based on whatever program is running. You could have the sort of automation that tells people when their next appointment is due or when their next bus is due.

Even things like having your content run on a schedule is considered automation, and it too should be part of your digital signage strategy. [Read more…] about Why Automation Should be Part of Your Digital Signage Strategy

Miso Robotics opens Series E funding round after already raising $50 million

by

Miso Robotics, the robotics company specialising in the restaurant industry with, is opening its Series E funding round after raising more than $50 million through equity crowdfunding in its Series C and D.

The company is aiming to raise $40 million this round and plans to use the new capital to more rapidly satisfy the product demand it is facing in the marketplace, as well as grow its workforce, which has more than tripled in size in the past year.

It is currently accepting investment reservations in this round while it undergoes the SEC review process.  [Read more…] about Miso Robotics opens Series E funding round after already raising $50 million

How Can We Buy Stocks Easily?

by

There are a number of ways to buy stocks, but the most common and easiest way is to do so through a broker.

A broker is simply an individual or firm that buys and sells securities on behalf of its clients. When you open an account with a broker, you will be able to buy and sell stocks through them.

If you are really interested in buying stocks then you can take help from automated trading, as it is one of the most favorite trading platforms of many well-known investors. [Read more…] about How Can We Buy Stocks Easily?

Decathlon to implement PAL Robotics’ StockBot in facilities worldwide

by

Sports goods giant Decathlon and PAL Robotics have launched a global partnership after PAL Robotics’ StockBot inventory tracking and data collection solution was selected for rollout across Decathlon stores in multiple countries, assisting the team and elevating in-store experience.

The retailer has implemented the solution in order to improve in-store operations and efficiencies so that teammates are able to dedicate more time helping customers for a better customer experience, as well as helping improve product availability rates.

PAL Robotics’ StockBot solution was first implemented in Decathlon Singapore, as well as more recently in France, The Netherlands, Spain, Poland, Ireland, Italy, Taiwan, Thailand, Malaysia, and Australia. Discussions are also ongoing on further deployment opportunities in other countries. [Read more…] about Decathlon to implement PAL Robotics’ StockBot in facilities worldwide

Types of Trading Charts and the Information They Provide

by

If you are looking for a way to make your trading sessions successful, you should learn how to use different trading tools that will help you determine trends and decide on your future moves.

Whenever you want to learn about the way a stock or a type of asset is moving, you can rely on trading charts that are easily available online and even on the broker platforms you trade on.

Reading charts is a piece of cake and even newbies can easily get the knack of it. Before you dive into trading, however, you will need to learn about the different variants of charts and the type of information each one of them provides. [Read more…] about Types of Trading Charts and the Information They Provide

GreyOrange and Vicarious launch autonomous vertical pick-and-pack solution for apparel

by

GreyOrange, a provider of AI-enabled software and robotics for fulfillment automation, is partnering with Vicarious, an AI robotic integrator that automates tasks too versatile and complex to be handled by traditional, hard-coded automation systems.

Together Vicarious and GreyOrange have launched what they say is “the industry’s first and only autonomous vertical picking solution for automated pick-n-pack operations in omnichannel fulfillment”.

Autonomous Vertical Picking from Vicarious interfaces smoothly into a global workflow orchestrated by GreyOrange’s GreyMatter Fulfillment Operating System (FOS), which uses advanced science to continuously evaluate order fulfillment performance and prioritize decisions and workflows. [Read more…] about GreyOrange and Vicarious launch autonomous vertical pick-and-pack solution for apparel