Where Innovation Meets Imagination
Refraction AI, the robotics startup and creator of the REV-1 autonomous delivery robot, has raised $4.2 million in new seed funding led by Pillar VC.
The company says the capital will be used for customer acquisition, geographic expansion and product development.
Founded in July 2019, Refraction AI solves last-mile delivery logistics with a practical, economical and sustainable application of mobile robot technology. [Read more…] about Delivery robot company Refraction AI raises $4.2 million
Automating internal supply chain or logistic flows is always a challenge for both big and small companies. With more and more sophisticated systems, companies are increasingly looking to replace operator dependency and let robots handle the goods transfer activity.
Two automation systems are customer’s go-to option for goods/pallet movement: automated guided vehicles (AGVs) and autonomous mobile robots (AMRs).
While AGVs have been around for a long time, drastically increasing their functionality and technology over time, AMRs are gaining traction in recent times. [Read more…] about How are AGVs different from AMRs?
Berkshire Grey, a developer of integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition, a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion.
Founded in 2013 by the current chief executive officer, Tom Wagner, PhD, the former chief technology officer at iRobot, BG is a pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate business operations in warehouses and logistics fulfillment centers.
The company’s solutions help retailers and logistics companies meet the exponential growth of e-commerce and ever-increasing consumer demands. BG’s management, engineering, and commercial teams each have extensive robotics expertise and deep industry experience. [Read more…] about Berkshire Grey valued at $2.7 billion after merger with Revolution Acceleration
Pipistrel has selected Honeywell’s Compact Fly-By-Wire system for the Nuuva V300 cargo unmanned aerial vehicle (UAV), choosing a modern, lightweight, highly capable system with a proven architecture ideally suited for their autonomous cargo UAV.
Fly-by-wire computers act as the “brains” of an aircraft’s flight controls by operating them electronically and can be found inside nearly all large fixed-wing aircraft today.
The compact version from Honeywell has features derived from decades of expertise in fly-by-wire systems for airliners, but it’s much smaller – roughly the size of a paperback book. [Read more…] about Honeywell to provide flight control technology for unmanned cargo plane
By Frederick Bravey, business development manager, SVV
Innovation is adapting faster with no signs of slowing down. In this fast-paced environment, innovation is in need of better platforms to support its growth. Corporations today are facing extensive challenges in getting new innovative ideas to market.
According to Harvard Business School professor Clayton Christensen, there are over 30,000 new products introduced every year, and 95 percent fail, resulting in huge amounts of time wasted on failed concepts.
However, corporations are now looking toward new ways to greatly reduce their lead time as well as expanding their horizons beyond their current business models. [Read more…] about Opinion: Innovation is in need of better platforms to support its growth
The vaping industry has been a profitable activity these days. However, it is essential to analyze the basic needs of the consumer and the contemporary trends and other factors on the market to keep things on an even keel. Some unimportant (from economics) stuff might play a critical role.
Business people try to track these factors and trends to make their activities on the market profitable. Numerous business analytics conduct various surveys and make several prognoses.
This article tells about the recent trends in the vaping industry simply and concisely. [Read more…] about 5 trends for the vaping industry in 2020
Cruise Automation, the driverless car startup acquired by General Motors, has unveiled its first vehicle.
The Cruise Origin, as it is called, is electric, autonomous, driverless with no steering wheel, and designed to carry several people – about six in spacious comfort.
The company says the Origin is the answer to the many problems of motoring today. Cars today use fossil fuels which pollute the atmosphere, and are designed in a way that limits the space available. [Read more…] about GM’s Cruise Automation unveils new driverless electric vehicle
By Rhys Davies, product manager at Canonical, publishers of Ubuntu
Today’s headlines tend to focus on the weird and wonderful robots of this world: the Hollywood Terminators or mechanical dogs developed by Boston Dynamics and other Silicon Valley start-ups.
The greatest innovations, however, can often be found in the more mundane corners of our society, within the industries and environments people least expect.
It’s happened with medicine and the discovery of penicillin, for example, while Archimedes had his eureka moment in the bath. [Read more…] about The mundane revolution: Unexpected innovations in robotics
Since the turn of the 17th century, the planet has undergone a huge period of industrialization. Although the manufacturing companies operating today bear little resemblance to the factories of decades past, many of the processes we use today can trace their lineage to those earlier times.
Stated by polyurethane manufacturers, as many industries have increased the demand for manufactured goods, the market has needed to constantly adapt and improve. Material advancements have allowed us to create complex processes that were impossible just a few decades ago.
One material that has become indispensable in manufacturing in recent years is polyurethane. Let’s dive into how urethane has been able to meet these ever-changing demands in the manufacturing industry. [Read more…] about Material advancements allow creation of ‘perfect products’
From forecasts to spam filters, artificial intelligence has long been used to help companies across industries. Within recent years, it’s begun to play a key role in a major business area: customer service.
Though it’s widely seen as a human-led sector, this form of tech could simplify a number of B2C tasks, likely boosting overall client experience as a result. In turn, this may very well improve brand reputation as well as profit turnover.
Let’s explore the main ways in which AI stands to enhance customer service within a business. [Read more…] about How AI Could Boost Business Customer Service
