Robotics & Automation News

Market trends and business perspectives

taxis

Robo taxis to accelerate autonomous public transportation

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The race to advance and autonomous mobility and transportation is heating up. In recent years, the world has witnessed a revolution in the taxi industry with the emergence of ride-booking applications. 

Following the trend, various existing firms have updated their offerings by presenting new taxi booking applications. However, this hasn’t been enough for them.

The advent of artificial intelligence has offered taxi companies the opportunity to bring on new and innovative ideas. One such an innovative idea has turned to be robotic taxis, or robo taxis, the next step of innovation for public transport. [Read more…] about Robo taxis to accelerate autonomous public transportation

Hanwha Systems gearing up to enter air taxi market

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Hanwha Systems is making a $25 million investment in US air taxi startup Overair, and has received approval from the relevant authorities for the move.

Hanwha Systems and Overair research and development are planning to co-develop and bring the “Butterfly” to the US air-taxi market by the year 2025.

In early December of 2019, Youn-Chul Kim, CEO of Hanwha Systems, said that the Committee on Foreign Investment in the United States (CFIUS) approved Hanwha Systems’ $25 million investment in Overair (previously K4 Aeronautics), a leading US air-taxi startup. [Read more…] about Hanwha Systems gearing up to enter air taxi market

Flying taxis set to take off

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With traffic jams a common occurrence in the world’s cities, frustrated drivers sometimes find themselves looking to the heavens for a little help from above. A few years from now, the skies could in fact offer a tangible solution.

The Boston Consulting Group predicts that people around the world will take 1 billion flights in air taxis in 2030, once sharing services have also established a presence on fixed routes above the ground.

What is more, most of those air taxis will be capable of operating without a pilot.

[Read more…] about Flying taxis set to take off

Lilium launches air taxi. Flying cars could take to the skies next

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Flying cars have been around a long time, but only as test vehicles, often engineered and built by tinkerers who may have been seen as somewhat eccentric for even dreaming up such a machine.

But in the past couple of years, these “eccentric tinkerers” have been usurped by corporate bigwigs who maybe see a big market for the technology.

In the most recent development, a German company called Lilium has completed a successful test flight with its all-electric flying car.

[Read more…] about Lilium launches air taxi. Flying cars could take to the skies next