Robotics & Automation News

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Rewired launches $100 million robotics-focused venture studio and fund

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Investments will focus on applied science and technologies that advance machine perception and unlock the next-generation of smart robotics

Rewired has launched a robotics venture studio and fund. To start with, the company is investing $100 million in applied science and technologies that advance machine perception. 

Rewired says its initial proposition is that improving machine perception will unlock the next generation of smart robotics.

To that end, the company is focusing on the sensors, software, and systems that help autonomous machines to interact with unpredictable environments and collaborate with humans.  [Read more…] about Rewired launches $100 million robotics-focused venture studio and fund

Intuitive Surgical to develop products in China with Shanghai Fosun

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Intuitive Surgical and Shanghai Fosun Pharmaceutical have formed a joint venture to research, develop, manufacture and sell innovative, robotic-assisted catheter-based medical devices.

The joint venture between Intuitive Surgical, the global leader in robotic-assisted minimally invasive surgery, and Fosun Pharma, a leading healthcare group strategically comprising the complete value chain, will initially produce products targeting early diagnosis and cost-effective treatment of lung cancer, one of the most commonly diagnosed forms of cancer in the world.

The technology will be used in robotic-assisted medical devices based on catheters, and incorporates proprietary intellectual property developed or owned by Intuitive Surgical.  [Read more…] about Intuitive Surgical to develop products in China with Shanghai Fosun

Volvo and Autoliv to create joint venture to develop autonomous driving technology

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Autoliv, a provider of advanced driver assistance systems, and Volvo Cars, the car maker, have agreed to form a new jointly-owned company to develop next generation autonomous driving software.

The planned new company will have its headquarters in Gothenburg, Sweden, and an initial workforce taken from both companies of around 200, increasing to over 600 in the medium term. The company is expected to start operations in early 2017.

Once finalized, the joint venture will be a new entrant in the growing global market for autonomous driving software systems. It will mark the first time a leading premium car maker has joined forces with a tier one supplier to develop new advanced driver assist systems and autonomous driving technologies.  [Read more…] about Volvo and Autoliv to create joint venture to develop autonomous driving technology