Robotics & Automation News

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Tackling Legal Issues in Robotics Startups is Doable with the Right Legal Support

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Entrepreneurs starting a robotics startup often feel a mix of excitement and pressure – they’re of course eager to embrace the potential to innovate and disrupt industries with cutting-edge technology.

However, they also recognize the challenges, from securing funding and assembling a skilled team to steward complex regulations.

According to reports, the global robotics market is set to grow by 11.25% from 2024 to 2028, hitting around $65.59 billion; and with that kind of growth comes heightened scrutiny from regulators, which means that the legal landscape will require more than just tech savvy. [Read more…] about Tackling Legal Issues in Robotics Startups is Doable with the Right Legal Support

Best Practices for Using the Sales Velocity Formula to Maximize Profitability

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Sales velocity is a vital metric for gauging the effectiveness of a sales process.

It measures the rate at which a company turns its qualified leads into revenue. By understanding and optimizing this factor, businesses can maximize their profitability and scale growth efficiently.

To unlock the full potential of sales velocity, it’s important to delve into strategies that affect this vital metric. [Read more…] about Best Practices for Using the Sales Velocity Formula to Maximize Profitability

Autonomous boats could be your next ride

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Five years in the making, MIT’s autonomous floating vessels get an upgrade in size and learn a new way to communicate aboard the waters

The feverish race to produce the shiniest, safest, speediest self-driving car has spilled over into our wheelchairs, scooters, and even golf carts.

Moreover, recently, there’s been movement from land to sea, as marine autonomy stands to change the canals of our cities, with the potential to deliver goods and services and collect waste across our waterways.

In an update to a five-year project from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and the Senseable City Lab, researchers have been developing the world’s first fleet of autonomous boats for the city of Amsterdam, and have recently added a new, larger vessel to the group: “Roboat II”. (See video below.) [Read more…] about Autonomous boats could be your next ride