Market trends and business perspectives
Two senior executives from Bright Machines, a manufacturing automation company, give Robotics and Automation News their thoughts and forecasts for the year ahead.
The predictions offer insight on manufacturing trends, supply chain evolution, the future of automation, and more. [Read more…] about 2023 Predictions & Forecasts: The future is bright machines
ABB has established a new regional operations center for North America, bringing technology expertise closer to customers and building on its similar resources globally.
An initial $1 million investment has been made for the new Mexico Technology and Engineering Center (MXTEC) in the city of Merida, Yucatan, to help the technology leader to reach higher project delivery capacity and increase competitiveness.
The center, located within the modern SkyWork building alongside a community of technology and cyber security companies, will be a go-to resource for ABB engineers and covers disciplines including automation, electrical and software engineering. [Read more…] about ABB opens its Mexico Technology and Engineering Center
GreyOrange, a provider of automated robotic fulfillment and inventory optimization software, has launched its GreyMatter open API (application programming interface).
The API enables any vendor’s robotic solution to seamlessly connect to the GreyMatter fulfillment orchestration platform, giving customers the freedom to choose the technology that fits their warehouse environment.
Under the API, GreyMatter can now orchestrate autonomous mobile robots (AMR) and other execution agents from companies that have joined the GreyOrange Certified Ranger Network (CRN) ecosystem. [Read more…] about GreyOrange launches GreyMatter open API to manage variety of robotic systems
Outrider, a startup developing autonomous yard operations for logistics hubs, has closed $73 million in Series C financing led by FM Capital.
New investors include a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and NVentures, Nvidia’s venture capital arm.
Existing investors participating in the round include Koch Disruptive Technologies (KDT) and New Enterprise Associates (NEA). Outrider has raised $191 million in financing to date based on its technical leadership in autonomous systems for distribution yards. [Read more…] about Nvidia and Abu Dhabi join $73 million Outrider funding round
Photoneo Brightpick Group, the parent company of Photoneo, a provider of robotic vision sensors and intelligence software, and Brightpick, a provider of warehouse automation solutions for ecommerce and grocery order fulfillment, has raised an additional $19 million to complete a $40 million Series B.
Taiwania Capital led this most recent round, which also included follow-on investments by prior Series B lead investors IPM Group and Alpha Intelligence Capital.
Additional investors in this round include H&D Asset Management, Venture to Future Fund and Kolowrat Group. This round brings the company’s total capital raised since inception to $53 million. [Read more…] about Photoneo Brightpick raises additional $19 million to complete $40 million in Series B funding
AutoStore, a warehouse automation company, has launched Pio, short for “Product In/Out”, which is basically an automated storage and retrieval system, or ASRS.
The company describes it as a “plug-and-play version” of its AutoStore cube storage technology tailored.
Pio has been specially designed for small and medium-sized businesses.
Based on a pay-per-pick service model, Pio allows SMBs, such as retailers of apparel, sporting goods, crafts, and cosmetics, to deploy robotic automation for a relatively low investment – enabling more businesses to gain access to the world’s best automation technology. [Read more…] about AutoStore launches new robotic system for warehouses
Rapid leaps in innovation characterise the development of additive manufacturing processes. Rotterdam-based company Concr3de has been working on a 3D printer for stone for more than five years, developing an inkjet technique to participate in the reconstruction of Notre-Dame Cathedral in Paris. They achieved this aim using automation technology from Festo.
Architectural applications were the catalyst for the development of Armadillo White, the inkjet 3D stone printer.
The founders of Concr3de, architects Eric Geboers and Matteo Baldessari, started with a geopolymer – a material made by binding a residual product from the coal and steel industry with a chemical binder (“ink”). [Read more…] about Festo automation technology aids restoration of Notre-Dame Cathedral
By Will Schneider, founder, InsightQuote
Companies around the world are investing in advanced automation systems. One goal behind the trend is streamlining their daily operations – these systems improve workplace safety, efficiency, and reduce overall operation costs.
When it comes to warehouse companies, they use automated systems to scale their operations according to fluctuating market demands, to sustain round-the-clock operations, and so on.
The technology behind these systems is advancing on an almost daily basis. This is leading companies to integrate more and more advanced digital solutions into their existing warehouse operations. [Read more…] about 4 Real-World Examples of Warehouse Automation to Spark Your Inspiration
The fast-paced technological advancements of recent years have enabled artificial intelligence (AI) to become an increasingly prominent part of our daily lives, transforming the way we communicate and consume media.
AI software is now being implemented across a range of different industries, from retail to finance, enabling companies to streamline processes, boost efficiency, and remain competitive in their markets. [Read more…] about 8 Industries Benefiting from Artificial Intelligence Software Right Now
Lumotive, the developer of Light Control Metasurface (LCM) beam steering chips enabling the next generation of 3D sensors, and Axibo, a cinema robotics company and the developer of autonomous camera motion control systems, have unveiled Axibo’s Precision eJib – a unique, designed-for-cinema, 6-axis robotic arm with 3D sensing capabilities made possible with Lumotive’s LCM beam steering technology.
The jointly-developed solution gives photographers and videographers unparalleled capabilities such as smart object targeting and tracking, enhanced image stabilization, and ground-breaking new autofocus features, to produce far crisper images and films combined with automated scene capture.
Available initially for professional-grade cameras, and under development for consumer-grade cameras, this revolutionary photography and cinematography automation solution takes advantage of Lumotive’s LCM beam steering chips that deliver best-in-class performance, range, and size in the 3D sensing industry. [Read more…] about Lumotive and Axibo partner to bring lidar to cinematography automation
