Robotics & Automation News

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strategic

Mitsubishi Electric agrees strategic investment in Otto Motors to accelerate industrial automation

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Mitsubishi Electric, a factory automation solutions provider, has agreed a strategic investment in Clearpath Robotics, the parent company of autonomous mobile robot leader, Otto Motors.

With more than 4 million hours of production experience, Otto Motors’ pioneering autonomous mobile robot (AMR) technology and award-winning software are used by Fortune 500 companies to deliver productivity and safety in material handling operations.

The investment expands the strategic relationship between Otto Motors and Mitsubishi Electric, and strengthens the two companies’ commercial collaboration. [Read more…] about Mitsubishi Electric agrees strategic investment in Otto Motors to accelerate industrial automation

Kollmorgen and Otto Motors begin strategic technical collaboration

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Kollmorgen and Otto Motors have agreed a strategic technical collaboration. The cooperation is described as a “major milestone for the autonomous material handling industry” by the two companies.

Kollmorgen and Otto Motors share a common goal to deliver exceptional self-driving vehicle applications to OEMs and System Integrators that strive to streamline material handling to end-users in all industries globally.

Together, the two leaders are exploring their joint capabilities to provide innovative solutions for their growing combined customer base. [Read more…] about Kollmorgen and Otto Motors begin strategic technical collaboration

Noah Medical raises $150 million to scale robotics surgery solutions

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Medical robotics innovator Noah Medical has raised $150 million in Series B funding.

With participation from a number of well-known institutional and strategic investors, Noah Medical says it will use the funds to meet rising demand for the Galaxy System, its next-generation, integrated solution for navigated robotic bronchoscopy.

Co-led by the Softbank Vision Fund and Prosperity7 Ventures, the oversubscribed round also included investments from Tiger Global, Hillhouse, Sequoia China, Shangbay Capital, Uphonest Capital, Sunmed Capital, Lyfe Capital, 1955 Capital, and AME cloud ventures, as well as undisclosed strategic and existing investors. [Read more…] about Noah Medical raises $150 million to scale robotics surgery solutions

Raspberry Pi receives strategic investment from Sony

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Sony Semiconductor Solutions and Raspberry Pi have reached an agreement by which SSS is to make a strategic investment in RPL.

The minority investment cements the relationship between the two companies, to provide a development platform for SSS’s edge AI devices to the worldwide community of Raspberry Pi users.

Terushi Shimizu, p0resident and CEO of Sony Semiconductor Solutions, says: “Our goal is to provide new value to a variety of industries and support them in solving issues using our innovative edge AI sensing technology built around image sensors. [Read more…] about Raspberry Pi receives strategic investment from Sony

Addverb and Element Logic agree strategic partnership for synergies in warehouse automation

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Addverb, a robotics company providing warehouse automation solutions, has agreed a strategic partnership with Element Logic, a warehouse optimization provider, and the world’s first and largest AutoStore partner.

Pieter Feenstra, Addverb’s CEO of the EMEA region, says: “We are thrilled to enter into this partnership with Element Logic and are proud to work together with such a prestigious player of the industry renowned across Europe and globally.

“Our ability to serve the market demand will exponentially increase, offering access to a complete automation solution combining AutoStore systems and Addverb’s Mobile Robots. [Read more…] about Addverb and Element Logic agree strategic partnership for synergies in warehouse automation

Addverb and ABCO partner to offer ‘advanced’ warehouse automation solutions

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Addverb, an autonomous mobile robots maker, has agreed a strategic partnership with ABCO Systems, a distribution solutions provider that specializes in streamlining warehousing operations.

This strategic alliance combines Addverb’s automation technology with ABCO’s storage and material handling equipment systems to offer solutions for warehouse and fulfillment operations in consumer goods industries, including e-commerce, grocery, fashion, and lifestyle.

Addverb will supply its advanced robotics technology to ABCO Systems’ clients with a focus on optimizing customers’ warehousing needs. [Read more…] about Addverb and ABCO partner to offer ‘advanced’ warehouse automation solutions

Daimler Truck makes strategic investment in Apex.AI

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Apex.AI, a company developing safety-certified software for mobility and autonomous applications, says that Daimler Truck, one of the world’s leading commercial vehicle manufacturers, has made a strategic minority investment in the company.

Apex.AI has developed an industry-leading suite of automotive safety-certified software solutions, including the Apex.OS operating system.

The software suite serves as the foundational infrastructure on which smart machines operate in the automotive, agriculture, mining, IoT and industrial automation industries. [Read more…] about Daimler Truck makes strategic investment in Apex.AI

Autonomous vehicle development will be stalled by technological and regulatory barriers, says report

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Autonomous vehicles are currently more hype than substance, given the significant technological, financial, and regulatory barriers to their widespread use, according to GlobalData.

In its latest report, Tech, Media, & Telecom Predictions 2022, the data and analytics company predicts that focus will shift onto “lower-level” autonomous vehicles that require greater human supervision, while mergers and acquisition activity will continue to be driven by transport technology such as robotaxis.

Amrit Dhami, thematic analyst at GlobalData, offers her view on these predictions. She says technological barriers will shift focus onto lower-level autonomous vehicles. [Read more…] about Autonomous vehicle development will be stalled by technological and regulatory barriers, says report

Intel Mobileye and Geely Zeekr to build autonomous car for consumer market

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Mobileye, an Intel subsidiary which develops advanced driver assistance systems, and Zeekr, the premium electric car brand owned by China’s largest automaker Geely, are to develop a new all-electric consumer vehicle with Level 4 capabilities.

The plan represents an expansion of their existing strategic technology partnership.

The planned autonomous vehicle will be powered by six EyeQ 5 system-on-chips to process Mobileye True Redundancy sensing, Responsibility-Sensitive Safety (RSS)-based driving policy and a new open collaboration model on Road Experience Management (REM) mapping technology. [Read more…] about Intel Mobileye and Geely Zeekr to build autonomous car for consumer market

NXP and Foxconn agree strategic partnership to accelerate automotive innovation

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NXP, a semiconductor company with a strong presence in the automotive market, has agreed a strategic partnership with Foxconn Industrial Internet, a subsidy company of the Foxconn group, to “transform the car into the ultimate edge device”.

NXP will provide FII with its comprehensive portfolio of automotive technologies.

The initial phase of the joint project will focus on the development of a full digital cockpit solution, based on the NXP i.MX 8 QuadMax. [Read more…] about NXP and Foxconn agree strategic partnership to accelerate automotive innovation