Tag: total
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Collaborative robot market to grow to $2 billion in the pharma industry
The use of collaborative robots or “cobots” is on the rise in the pharmaceutical industry. Pharmaceutical application takes up around 0.05 percent of the total medical robot market size. Valued at $553 million, the pharmaceutical robotic market is forecast to grow at 15.7 percent compound annual growth rate to reach $2 billion by 2030. In…
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Plus One Robotics’ parcel handling solutions surpass 500 million picks
Plus One Robotics, a provider of a parcel handling robotics platform claiming to performing over 1 million parcel picks each day in production, says its platform has reached over half a billion parcel picks globally. The company says the 500 million figure is “currently an industry leading metric”. Erik Nieves, Plus One Robotics’ CEO and…
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AutoX expands robotaxi operation zone to 1,000 km
Alibaba-backed AutoX, a developer of Level 4 fully autonomous cars, or “robotaxis”, now claims to operate “China’s largest autonomous driving area”. The total area covers 1,000 square kilometers, including a 168-square-kilometer fully driverless zone. AutoX robotaxis are able to navigate all the public roads inside the 1,000 square kilometer area. Expanding the total autonomous driving…
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Sole Source Capital raises $555 million for second fund
Sole Source Capital, an industrial-focused private equity firm, has closed its second fund, SSC Partners II or “Fund II”, with aggregate total commitments of $555 million. Fund II was significantly oversubscribed with an initial target of $400 million and reached its hard cap. With the closing of Fund II, Sole Source Capital now manages in…
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Baidu launches robotaxi test service in Shanghai with Apollo Go ride-hailing platform
Baidu has launched testing of its Apollo Go in Shanghai, marking the fifth city where passengers have the ability to trial the robotaxi mobile platform. Baidu is the only company to offer this service in the three first-tier cities of Beijing, Guangzhou and Shanghai. The Shanghai operation will include 150 stations opened in phases throughout…
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Woman returns to ‘active, pain-free living’ after robotic surgery
One patient’s journey to knee replacement: New Jersey woman returns to active, pain-free living after knee surgery with active robot technology by Think Surgical Available at Hackensack University Medical Center Think Surgical, an innovator in the field of orthopedic active robot surgery, commemorates National Arthritis Awareness Month, which is recognized throughout the month of May.…
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Taurob and Equinor to introduce autonomous robots on Norway’s offshore platforms
Norwegian petroleum refining company Equinor is introducing autonomous ATEX-certified robots on their oil and gas installations. ATEX is the European certification given to equipment tested and approved to be “intrinsically safe”. Partner in the project is inspection robotics specialist Taurob of Austria. Its robot will be used to conduct routine inspection and maintenance tasks on…
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Baidu Apollo awarded China’s first licenses to test autonomous vehicles at night and in special weather conditions
Baidu Apollo has received China’s first batch of qualifications to test autonomous vehicles at night and in special weather conditions on public roads in Beijing. A total of 53 such test qualification notices along with five general public road test licenses were granted to Baidu Apollo at the Beijing Intelligent Connected Vehicle Policy Pilot Zone…
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Chinese robotics sector files ‘44 percent of total global patents’
The Chinese robotics sector generated almost half of total global patents in the most recent year available, according to a new report. The figure was published in the Annual Report on the Development of the Robot Industry in China, jointly written by HRG International Institute of Research and Innovation as well as the China Institute…
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Industrial camera manufacturer IDS expands headquarters
IDS Imaging Development Systems has expanded its headquarters in Obersulm-Willsbach – after a construction period of about one and a half years, the technology centre b39 could be moved into. Jan Hartmann, managing director says: “Despite Covid 19, the work went almost without a hitch. “We are very pleased that with the new building we…