Robotics & Automation News

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Realtime Robotics raises $9.5 million in additional funding

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Realtime Robotics, a developer of collision-free autonomous motion planning for industrial robots, today announced that it has secured an additional $9.5 million in funding from Shinhan GIB and Kyobo Life Insurance.

Driven by the strong response to its RapidPlan industrial robotics motion control and collision avoidance software, Realtime will use this additional investment to drive further product enhancements, incorporate feedback from customers and partners, and scale to support additional go-to-market efforts.

RapidPlan reduces the annual costs of robotic automation by two-thirds and makes the robot programming process up to 5x faster, all while eliminating collisions and removing the majority of manual, time-consuming adjustments. [Read more…] about Realtime Robotics raises $9.5 million in additional funding

Prime Robotics agrees warehouse automation partnership with Wulftec International

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Prime Robotics, a provider of intelligent end-to-end automation solutions for warehouse, distribution, and fulfillment facilities, has agreed a partnership with Wulftec International.

This agreement enables Prime Robotics customers to fully integrate Wulftec’s stretch wrapping technology with Prime’s pallet management solution.

In today’s hyper-competitive marketplace, end-to-end automation plays a critical role in the efficiency and success of fulfillment facilities. [Read more…] about Prime Robotics agrees warehouse automation partnership with Wulftec International

ForwardX Robotics launches competition to win free fleet of robots

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ForwardX Robotics is running a competition to win a fleet of 10 autonomous mobile robots as part of a warehouse automation system.

ForwardX Robotics, a supplier of AMR-based assisted picking solutions worldwide, launched the competition at the ProMat Show, which is in its final day today. The company says it will giveaway a 10-AMR system to a lucky winner in the United States.

The 10-AMR system will consist of ForwardX’s Flex autonomous mobile robots (AMRs) along with the appropriate accessories and its f(x) Fleet Manager. [Read more…] about ForwardX Robotics launches competition to win free fleet of robots

Cogniteam’s Nimbus OS gives ‘street smarts’ to Rover Robotics’ platforms

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Nimbus says its low-code robotics programming capabilities give a new level of intelligence – or “street smarts” – to Rover Robotics’ machine platforms.

Nick Velander, CEO of Rover Robotics, says: “Pre-integrating our platforms with Nimbus allows teams to reach market demands at a record pace.”

Cogniteam, a robotics company operating for over a decade and creators of the Nimbus low-code robot development operating system, has announced a partnership with Rover Robotics, developers of robot hardware platforms. [Read more…] about Cogniteam’s Nimbus OS gives ‘street smarts’ to Rover Robotics’ platforms

How Automation is Influencing the Automotive Industry Today

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Last year, robot orders were up by 67 percent in comparison to the previous year. And according to the International Federation of Robotics, 1 in every 2 industrial robots sold globally is bought by US automakers. This goes to show just how much the auto industry appreciates the benefits of automation.

Automakers have always been pioneers of automation; they started using sensor technology and industrial robots in their assembly plants years ago to increase efficiency and productivity. Want to know how automation is influencing the automotive industry today? Read on. [Read more…] about How Automation is Influencing the Automotive Industry Today

Industrial robot costs to drop by half in the next three years

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Karthee Madasamy, founder and managing partner at MFV Partners

According to ARK Invest research, industrial robot costs will drop by 50-60 percent by 2025. This dramatic drop in costs, combined with other factors such as the global pandemic’s acceleration of industries embracing automation, has resulted in a situation where interest in robotics has reached a fever pitch.

In fact, in the first year of the pandemic venture firms poured $6.3 billion into robotics companies, up nearly 50 percent from the $4.3 billion they invested over the same period a year earlier.

Further, in North America, industrial robot sales had their strongest year ever in 2021. With this activity it’s not surprising that the global market is forecasted to reach $31 billion by 2028. [Read more…] about Industrial robot costs to drop by half in the next three years

Crypto: Reshaping Future

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Several technological advances have been hailed as game-changers in the corporate future. Organizations have depended on technology for decades to function more efficiently and securely.

Blockchain is undeniably exciting. While opinions will always range on which technology will have the most impact.

Transactions are secured in a secure digital ledger that can be audited. Keyless signature systems and the ability to track products from farm to table are just two of the many benefits. [Read more…] about Crypto: Reshaping Future

‘Robotaxis will be disruptive to conventional taxis and ride-hailing, but not car ownership’, says new report

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Robotaxis remain one of the most pursued applications for autonomous vehicle technologies today, with many developers envisioning an end to – or at least a significant reduction in – car ownership.

Developers of autonomous vehicles, specifically those focused on Level-4 self-driving vehicles, often focus on mobility services as the first application.

Not only is there a demonstrated market for taxis and ride-hailing, but it’s a market where the high costs of labor create high prices, making it a ripe opportunity for autonomous vehicle deployment. [Read more…] about ‘Robotaxis will be disruptive to conventional taxis and ride-hailing, but not car ownership’, says new report

5 French Robotics Startup Success Stories

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More companies than ever are looking to the robotics and automation sector to solve their productivity issues and drive expansion plans. Some of the most exciting leaps forward in the field of robotics are happening in France.

Since the early years of the 21st century, this country has been leading the way in robotics development, with significant innovations in automation that have redefined viticulture, e-commerce and the medical sectors alike.

With so much happening in this part of the world, anyone keen to pursue a career in robotics development may want to consider learning French as a second language. Below, we spotlight five of the biggest French robotics startup success stories. [Read more…] about 5 French Robotics Startup Success Stories

Landscaping robot company Electric Sheep Robotics officially launches

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Robotic lawnmower startup Electric Sheep Robotics has now officially launched as “an autonomy partner to the landscaping industry”.

The company is tackling the industry’s single most pressing challenge, a decades-long shortage of reliable labor. This has often resulted in businesses that are unable to grow beyond a certain size even if the demand is present.

Over 50 percent of landscape maintenance involves lawn mowing, a tedious and repetitive process made physically grueling by exposure to harsh weather. This exacerbates the industry’s labor shortages, low growth and shrinking margins. [Read more…] about Landscaping robot company Electric Sheep Robotics officially launches