Found in Robotics News & Content, with a score of 11.97
…Truck has joined previously announced strategic investors, including Toyota Ventures, Volvo Group Venture Capital, Jaguar Land Rover’s InMotion Ventures, Airbus Ventures, Continental AG, ZF, AGCO, and HELLA Ventures. Robotics 24/7 has tracked more than $2.6 billion in autonomous vehicle transactions to date in 2022. The global market for self-driving trucks alone could surpass $2.5 billion by 2028, according to Global Market Insights Inc.
Found in Robotics News & Content, with a score of 11.30
…company also announced that Dirk Hoke, former CEO of Airbus Defence & Space, will be its CEO and managing director, starting in September. Investors provide fuel for air taxi takeoff WP Investment led Volocopter's Series E round, which brings its pre-money valuation to $1.7 billion. New investors such as Honeywell and existing ones, like Atlantia, Whysol, and btov Partners, also participated. “We will continue to promote urban air mobility, a fast-growing business that can help reduce emissions and traffic in large cities,” said Elisabetta de Bernardi, investment director for Europe at Atlantia. “Our successful first signing of Series E brings…
Found in Robotics News & Content, with a score of 10.81
…FC, and The Economist. Existing investors included Fontinalis Partners, Airbus Ventures, Sony Innovation Fund, ROBO Global Ventures, and Verve Ventures. “The supply chain of the future is autonomous and automated,” stated Boaz Peer, senior director of Qualcomm Israel Ltd. and managing director of Qualcomm Ventures Israel and Europe. “Verity's self-flying drone technology and advanced warehouse inventory analytics are helping transform supply chains by enabling end-to-end, real-time visibility,” he said. “We're excited to invest in Verity as it scales its operations internationally.” Qualcomm, acting through Qualcomm Ventures LLC or its affiliated entities, said it has been making strategic investments in potentially…
Found in Robotics News & Content, with a score of 9.54
…County Vocational School District, New Jersey, three apprentices from Airbus Americas Training Center, Florida, one apprentice from Vaya Space, Cocoa, Florida, and two vocational students from Baden-Württemberg Germany The event will take place at Booth #215000 — North Building, Level 1 from Sept. 12-17, 9:30 am – 3:00 pm. An award ceremony will be held on Thursday, Sept. 15 at 2:30 p.m. in the Smartforce Theater. Festo Didactic, an education company with deep roots in manufacturing automation, said it uses its industry expertise to offer a wide range of learning solutions that support skills development in all aspects of mechatronics…
Found in Robotics News & Content, with a score of 9.51
…Newcastle for quantum sensing. The Australian manufacturer said it supplies some of the biggest companies in the world, including Airbus, Boeing, Google, Apple, and General Motors. Advanced Navigation added that it has sales offices around the world and that it maintains carbon-neutral operations. In addition to novel autonomous subsea robotics, Advanced Navigation delivers AI-enhanced navigation technologies for land, sea, air, and space applications. The company said it “is committed to developing innovative products and systems that will be catalysts of the autonomy revolution.”
Found in Robotics News & Content, with a score of 9.04
…highly controlled airspace of an airport,” Zosel says. Boeing recently tested its own autonomous air tax in Virginia, and Airbus conducted similar tests last year. Uber, Toyota, Volkswagen and other companies are also working on air taxi concepts. A few market research reports have estimated the potential urban air mobility market could grow to anywhere from $15.2 billion by 2030 or as high as $23.7 billion in the same period. However, all of these projects will be dependent on advancements in electric aircraft battery technology, as well as the ability for busy airports and cities to create a workable model…
Found in Robotics News & Content, with a score of 8.49
…some of the largest companies in the world, including Airbus, Boeing, Google, Apple, and General Motors. Advanced Navigation has multiple research facilities across Australia and sales offices around the world. Advanced Navigation demonstrated its technologies at the new facility opening. Source: Advanced Navigation UTS, community, and industry collaborate Collaboration with academia and the local technology community is key, stated Orr. “There is a critical need to improve Australia’s economic complexity and sovereign capabilities,” he said. “A key step is to build our industrial capacity in high-tech, as well as drive knowledge exchange and propel collaborative initiatives between government agencies, academic…
Found in Robotics News & Content, with a score of 8.44
…big names, like Google founder Larry Page, aerospace firm Airbus and the government of Dubai. As reported by Business Insider, by 2020, the company wants to have its first public demonstration of its network of electric planes that would ferry passengers at 150 m.p.h. through urban skies to their destinations. To reach its ambitious goal in the next few years, Uber Elevate has partnered with Dallas-Forth Worth and Dubai to be its launch partners. Uber plans to announce on Tuesday that it's aiming to debut the Uber Elevate network when Dubai hosts the World's Fair in 2020. “We have a…
Found in Robotics News & Content, with a score of 7.50
…some of the biggest companies in the world, including Airbus, Boeing, Google, Apple, and General Motors. Advanced Navigation has carbon-neutral operations, including manufacturing and research facilities throughout Australia and sales offices around the world. Last week, it received $5.2 million from the Australian Space Agency for lunar exploration. Advanced Navigation claimed that Boreas is “the world's only fully digital FOG.” The company said it is targeting the product range is targeted at applications requiring always-available, ultra-high-accuracy orientation and navigation. The Boreas line contains Advanced Navigation’s sensor-fusion algorithm, which it said “is more intelligent than the typical extended Kalman filter and…
Found in Robotics News & Content, with a score of 7.12
…included ZF, Continental AG, AGCO, Canaan, Lightspeed Venture Partners, Airbus Ventures, and Jaguar Land Rover’s InMotion Ventures. Other previously announced investors included Volvo Group Venture Capital, Toyota Ventures, and HELLA Ventures. “We have a lot of strategic investors, predicated on technology partnerships,” said Becker. “All of these relationships have been built up over quite some time.” “Based on the Apex.OS, we can offer our customers an additional ZF Middleware option,” said Nico Hartmann, head of the ZF Global Software Center. “This solution is certified to the highest standards of functional safety for passenger cars and commercial vehicles. Thus, we offer…
Found in Robotics News & Content, with a score of 6.37
…is investing in flying car technology. Earlier this year, Airbus launched Pop.Up, a vertical takeoff and landing concept vehicle for personal mobility. And in a venture that promises “flight for all,” German start-up Volocopter has designed the 2X, a miniature helicopter with 18 rotors that will begin test flights in Dubai later this year. All of this suggests that urbanites will soon be zipping around urban airspace like George Jetson, right? Wrong! Despite big investments and bigger promises, there are physical and practical reasons why it is highly unlikely that our cities will be filled with airborne people movers anytime…
Found in Robotics News & Content, with a score of 6.11
…may soon start stockpiling medicines in anticipation of shortages. Airbus and Rolls Royce have both stockpiled components they need for manufacturing. And what about that incidental that we take for granted, packaging? 90% of packing material is imported, with the vast majority of that, 80%, from the EU. This puts the packing of a whole range of goods within the UK at risk. Insufficient Storage The sudden influx of goods has created a dilemma: there simply isn’t enough storage capacity to hold all of these goods. The issue isn’t necessarily a temporary one either, as a “no deal” Brexit may…