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ABI Research gives 16 autonomous forklift system vendors competitive rankings

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A new competitive ranking by technology research firm ABI Research provides “an in-depth and unbiased examination” of the autonomous forklift solutions offered by 16 autonomous forklift suppliers, according to the company.

A total of eight criteria were chosen for the analysis and segmented across innovation and implementation clusters. These include the vehicle solutions across three major categories of autonomous forklifts, namely reach truck, counterbalance stacker, and pallet truck, the level of maturity in navigation solutions, fleet management and orchestration, as well as the vendors’ integration and optimization capability.

The report further evaluates the vendors’ revenue and funding, customer reference, regional presence, the company’s distribution networks, and technology partners. [Read more…] about ABI Research gives 16 autonomous forklift system vendors competitive rankings

Teradyne leads $20 million funding round for MachineMetrics

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MachineMetrics, an industrial data startup that helps improve manufacturing performance through autonomous machining, has raised $20 million in Series B financing.

The company will use the funding to scale its platform globally and democratize access to the machine insights that power manufacturing operations.

Bill Bither, co-founder and CEO of MachineMetrics, says: “Manufacturing is on the brink of a digital renaissance. The intersection of software, big data and physical machinery is the next frontier for manufacturing and a proven solution for overcoming the production and labor shortages we are experiencing right now. [Read more…] about Teradyne leads $20 million funding round for MachineMetrics

Mobile Industrial Robots launches new AMR for towing carts through dynamic spaces

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Patented autonomous mobile robot (AMR) solution offers high precision and performance when picking up, transporting and delivering carts with payloads up to 1,100 pounds

Mobile Industrial Robots, a provider of autonomous mobile robots, has launched the MiR250 Hook for automatically collecting and towing carts through dynamic and constricted industrial spaces.

The MiR250 Hook includes the MiR250, MiR’s fastest and most compact AMR, creating a robust user-friendly offering that easily and cost-effectively automates the transport of various sizes of loaded carts weighing up to 1100 pounds (500 kg).

The latest generation of the MiR Hook solution, the patented MiR250 Hook further optimizes internal logistics and other workflows at industrial facilities to increase productivity and profitability and free human workers for higher-value tasks. [Read more…] about Mobile Industrial Robots launches new AMR for towing carts through dynamic spaces

Teradyne, Fetch, and BlueBotics named as ‘market leaders’ in ABI Research’s autonomous material handling competitive ranking

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The market for autonomous mobile robots performing material handling tasks has expanded greatly in the last few years, with global revenues of $223 million in 2016 expanding to $800 million in 2020, according to a new report by ABI Research.

To help commentators and end users understand the strongest horses in this race, global tech market advisory firm, ABI Research has completed a detailed profile on ten of the most promising autonomous handling robotics vendors: Teradyne, Fetch, Bluebotics, Seegrid, Gideon Brothers, Agilox, Baylo, IAM Robotics, Vecna Robotics, and Forward X. [Read more…] about Teradyne, Fetch, and BlueBotics named as ‘market leaders’ in ABI Research’s autonomous material handling competitive ranking

Teradyne and Syntiant partner to ‘significantly shorten time to market’ for new AI chips

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Teradyne, a supplier of automated test solutions, says the company’s UltraFLEX test platform has enabled AI chip company Syntiant to successfully ship millions of its microwatt-power, deep learning Neural Decision Processors to customers worldwide.

Built from a clean sheet, hardware/software co-design methodology that optimizes silicon and deep learning models together, the Syntiant NDP100 and Syntiant NDP101 Neural Decision Processors bring hands-free, cloud-free, always-on voice and sensor AI applications to battery-powered edge devices.

Pieter Vorenkamp, COO at Syntiant, says: “Our deep learning NDP10x chips leverage our custom designed near-memory compute architecture, so we were looking for a partner with a deep understanding of the AI chip market. [Read more…] about Teradyne and Syntiant partner to ‘significantly shorten time to market’ for new AI chips

Teradyne begins shipping new mobile memory testing equipment

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Teradyne, the company which owns Universal Robots and Mobile Industrial Robots, has successfully ramped high volume production of its new Magnum EPIC memory tester which provides flexibility to fully cover LPDDR5, DDR5, GDDR6, and future DRAM devices.

These next-generation memories deliver nearly twice the bandwidth of the previous generation to improve the performance of 5G smart phones, data centers, and high definition graphics applications.

Magnum EPIC delivers best-in-class signal integrity enabled by its revolutionary Near-DUT-Test technology. This technology also enables the highest parallelism available in the industry today. [Read more…] about Teradyne begins shipping new mobile memory testing equipment

Teradyne to build ‘world’s largest’ collaborative robotics hub at a cost of $36 million

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Teradyne has embarked on a project to build what it says will be “the world’s largest collaborative robotics hub” when it is finished. 

The facility (main illustration) is located in Denmark and its eventual cost is estimated at approximately $36 million.

Denmark’s minister of industry, business and financial affairs, Simon Kollerup, unveiled what will become the new home of Teradyne’s robotics business units, Mobile Industrial Robots and Universal Robots, both of which it acquired in the past year or so. [Read more…] about Teradyne to build ‘world’s largest’ collaborative robotics hub at a cost of $36 million

Teradyne completes acquisition of AutoGuide Mobile Robots

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Teradyne has completed the acquisition of AutoGuide Mobile Robots, a leading supplier of high payload autonomous mobile robots (AMRs).

AutoGuide’s advanced products deliver easy deployment, improved safety, reduced costs and increased efficiency of industrial and warehouse material-handling operations.

Mark Jagiela, president and CEO of Teradyne, says: “AutoGuide’s safe, high-payload AMRs for the global forklift market provide a powerful, additional growth engine to Teradyne’s Industrial Automation group. [Read more…] about Teradyne completes acquisition of AutoGuide Mobile Robots

Teradyne doubles down on mobile robots with AutoGuide acquisition

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By Ash Sharma, research director, robotics, Interact Analysis

Teradyne this week announced that it would be acquiring mobile robot vendor AutoGuide Mobile Robots for $165 million.

This announcement comes 18 months after it acquired autonomous mobile robot vendor Mobile Industrial Robots (MiR) for $148 million, illustrating its ambitions in the sector.

AutoGuide had revenues of just $4 million in 2018. However, the combined mobile robot business would place Teradyne as a top 15 vendor. [Read more…] about Teradyne doubles down on mobile robots with AutoGuide acquisition

Teradyne to acquire AutoGuide Mobile Robots for $165 million

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Teradyne is again strengthening its position in the robotics and automation market with another acquisition after already buying Universal Robots and Mobile Industrial Robots. 

Teradyne and AutoGuide Mobile Robots have entered into a definitive agreement under which Teradyne will acquire privately held AutoGuide for $165 million – $58 million net of cash acquired plus $107 million if certain performance targets are met extending potentially through 2022.

The acquisition is expected to close in the fourth quarter of 2019, subject to customary closing conditions and regulatory approval. [Read more…] about Teradyne to acquire AutoGuide Mobile Robots for $165 million