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Advanced driver assistance systems market projected to reach $60 billion by 2026

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The advanced driver assistance system market is likely to exceed a valuation of $60 billion by the end of 2026, according to a research report by Global Market Insights.

Growing number of research and development activities centered on integrating technologies like AI to enhance passenger safety is stimulating the development of new ADAS systems.

The advanced driver assistance systems form an integral and intelligent cog of the automobile interiors. These systems assist the main driver in ample ways by providing them the vital information about traffic, roadblock, congestion levels, suggested routes, and others. [Read more…] about Advanced driver assistance systems market projected to reach $60 billion by 2026

Hobot Technology unveils new window-cleaning robot

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Hobot Technology has officially launched its new window-cleaning robot, the Hobot-2S. The US launch date is scheduled for October 1, 2021.

Hobot says its window cleaning robots “have been recognized as the world’s standard in robotic technology”, adding that it’s the “most trusted brand of US consumers” due to quality, reliability, and customer support. [Read more…] about Hobot Technology unveils new window-cleaning robot

Unikie and Valmet implement automated parking solution at factory

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Finnish technology company Unikie and the automotive service provider Valmet Automotive are testing and validating an automated parking solution at a factory.

The two companies say the “Automated Factory Parking” technology, developed by Unikie, is being assessed in a “business-critical factory environment”, and is an important step in taking the new technology to the production stage.

Describing it as an “innovative logistics solution”, the technology is being applied at Valmet’s car plant site in Uusikaupunki, Finland. [Read more…] about Unikie and Valmet implement automated parking solution at factory

Driving will be outlawed for humans by 2050, says IDTechEx

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Autonomous cars will match or exceed human safety by 2024, after which they will grow rapidly at aan annual rate of 30 percent, according to IDTechEx’s new report Autonomous Cars, Robotaxis & Sensors 2022–2042.

By the 2040s, they will be capable of fulfilling the world’s mobility needs without a single collision. So why should humans be allowed to continue driving?

For a long time, the parameters around how we can drive our vehicles have been restricted. Speed limits exist to increase safety, seatbelts are mandated to increase safety, and city centers are becoming pedestrianized to increase safety for pedestrians. [Read more…] about Driving will be outlawed for humans by 2050, says IDTechEx

Agricultural technology startup Carbon Robotics raises $27 million in new funding

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Carbon Robotics, an agriculture robotics company, has secured $27 million in Series B financing from Anthos Capital, Ignition Capital, Fuse Venture Partners and Voyager Capital to accelerate the company’s growth.

The funding will be used to scale production of the company’s products, including the Autonomous Weeder, grow its engineering team, establish regional support for customers across the US and invest in the innovation of new products and technology.

This latest round of financing brings the company’s overall funding to $36 million. [Read more…] about Agricultural technology startup Carbon Robotics raises $27 million in new funding

Delivery robot company Kiwibot expands operations to four cities in partnership with Knight Foundation

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Kiwibot, a robotic delivery service that has completed over 150,000 food deliveries with semi-autonomous robots, has expanded its operations to San Jose, Miami-Dade County, Pittsburgh, and Detroit. 

This implementation of sidewalk delivery devices is possible due to a partnership with the John S. and James L. Knight Foundation, which funds initiatives that ensure that “residents’ voices drive the future of people-centered, smart cities”, says the company.

Each of the four cities will be given up to 10 robots with one human supervisor, making deliveries across these urban zones more efficient and cost-effective through Kiwibot’s last-mile delivery network. [Read more…] about Delivery robot company Kiwibot expands operations to four cities in partnership with Knight Foundation

Gatik raises $85 million in Series B funding for its autonomous delivery trucks

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Gatik has raised investment of $85 million in Series B funding to “significantly expand North America’s first autonomous middle mile logistics network”.

The company says the round was “heavily oversubscribed” and brings the total amount raised by Gatik to $114.5 million.

The round was led by new investor Koch Disruptive Technologies (KDT), renowned for supporting high-growth companies that disrupt current market alternatives with demonstrated technology. [Read more…] about Gatik raises $85 million in Series B funding for its autonomous delivery trucks

IDS expands Ensenso 3D camera portfolio in the lower price segment

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New entry-level 3D camera: The ultra-compact Ensenso S10 is universally applicable and cost-effective

Industrial camera manufacturer IDS Imaging Development Systems has introduced the Ensenso S, saying the new device shows that the use of industrial-grade 3D technology does not have to be expensive.

The 3D camera is particularly suitable for 3D applications that require budget-friendly, easy-to-integrate and industrial-grade camera technology.

The new Ensenso S10 has an ultra-compact, IP65/67-protected housing and generates 3D data using laser point triangulation, supported by artificial intelligence. This makes the camera suitable for a wide range of applications – and delivers robust 3D information even in low ambient light. [Read more…] about IDS expands Ensenso 3D camera portfolio in the lower price segment

Rugged Robotics completes first full-scale pilot on Consigli construction site

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The Consigli Construction Company says that a Houston-based construction technology startup, Rugged Robotics, has completed its first full-scale pilot on a Consigli job site.

Consigli says its collaboration with Rugged Robotics is in line with the construction company’s commitment to support and utilize cutting-edge technologies in an effort to advance efficiencies in the construction process.

Founded by a registered professional engineer and a NASA engineer, Rugged Robotics’ inaugural product tackles the challenge of field layout. Traditionally, field layout is performed using tape measures, chalk-lines, and surveying equipment to manually mark the location of walls and mechanical systems. [Read more…] about Rugged Robotics completes first full-scale pilot on Consigli construction site

Autonomous vehicles ranked among top 10 innovations attracting investment

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The convergence of automotive and technology industries is accelerating the pace of innovation in the mobility and transportation sectors, leading to a surge in patent grants relevant to autonomous vehicles while also attracting venture capital investors’ interest in the area.

GlobalData, a leading data and analytics company, has ranked autonomous vehicles among the top 10 innovation-led technologies.

GlobalData’s Technology Innovation Intensity framework is a proprietary data-driven model that incorporates key innovation drivers from alternative datasets such as patents and deals to track a technology’s pace of innovation as well as its lifecycle stage. [Read more…] about Autonomous vehicles ranked among top 10 innovations attracting investment