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Supply chain challenges, the COVID-19 pandemic, and competitive market pressures have led several robotics companies to re-examine their finances, even if they are profitable. Supply chain automation provider Berkshire Grey Inc. yesterday announced tht it has entered into a purchase and registration rights agreement for up to $75 million with Lincoln Park Capital Fund LLC. “We are pleased to enter…
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…people returned to offices after COVID-19, the business began deploying Cobalt robots for security patrols and facility maintenance checks in its office in Charlotte, N.C. It reported a strong return on investment (ROI) within the first several weeks. In one incident, Cobalt read high levels of carbon monoxide in a secured parking structure while pressure washing was occurring. The robot…
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…reduce human contact during the COVID-19 pandemic. This month, Meituan launched the next generation of its delivery robot, which it said has a range of 80 km (49.7 mi.) on a single charge, cargo capacity of 150 kg (330 lb.), and perception capabilities to more than 150 m (492.1 ft.). The company is also testing drone deliveries. Tencent Holdings has…
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…pointed to various things, including COVID-19-related economic impact, capacity shortages, and trade tensions—as drivers that have “roiled supply chains” and helped to spur on a shift to visibility solutions geared towards helping supply chain stakeholders proactively manage operations and ensure the timely delivery of shipments. What’s more, they added that this alliance is focused on helping to meet the surge…
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…contribute to the fight against COVID-19. “My colleague Dr. Tim Simpson helped organized Penn State's response initiative, which leverages Penn State University's research enterprise to uncover potential solutions,” Guha explained. Dr. Timothy Simpson was a panelist for a previously produced DE webcast on AM design's pitfalls. For more on what Dr Guha and his colleagues are doing in collaboration, visit…
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…front lines to battle the COVID-19 pandemic. For example, companies are accelerating projects to autonomously clean facilities with ultraviolet-C (UV-C) light or hydrogen peroxide vapor (HPV) using robots. And AMRs are being used to help collect data for the Private Automated Contact Tracing PACT project that brings together top minds from prestigious organizations around the world to develop enhanced tracing…
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…the challenges of the global COVID-19 pandemic, innovation and smart technologies can combine for the greater good, according to a Deloitte insight on “Accelerating Smart Manufacturing.” Additive manufacturing and robotics represent one such combination. “Essentially, an ecosystem is formed when different entities come together in meaningful ways to solve shared challenges and meet shared objectives,” said Deloitte analysts. “Effective ecosystems…
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…decline in traffic during the COVID-19 pandemic, noted Ghost. Even semi-autonomous and fully autonomous vehicles struggle to recognize and avoid every potential obstacle on the road, instead relying on human intervention to handle edge cases and prevent crashes, it noted. “Crash prevention is the single most important problem in driving,” stated John Hayes, co-founder and CEO of Ghost Locomotion. “Automotive…
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…top consumer shopping trends after COVID-19: The “2021 State of the U.S. eCommerce Consumer Survey” captures insights on shopping habits. Click here for the full infographic. Source: CGS The National Retail Federation (NRF) estimates that holiday retail sales will increase between 8.5% and 10.5% this year. The NRF reports that online and non-store sales continue to experience significant gains, growing…
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…to sanitize outdoor venues against COVID-19, according to its website. They were used to clean the 2021 Kentucky Derby venue and the PPG Paints Arena. But AERAS said its technology has multiple applications. The company's precision lidar and photogrammetry capabilities allow its drones to scan a bridge safely and thoroughly in less than 30 minutes, said Justin Melanson, co-founder and…
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…wasn’t without challenges, of course. COVID-19 restrictions eased in the West early in the year, but companies in China have grappled with draconian shutdowns and now a resurgence of infections. Even as China passed the U.S. in robot density, or the number of robots per 10,000 workers, companies still grappled with electronics and other component shortages. E-commerce companies and some…
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…shopping has surged during the COVID-19 pandemic, SP Digital said it has faced unprecedented challenges and massive spikes in demand. In order to improve operator efficiency and warehouse throughput, the company digitalized its supply chain with Geek+’s picking systems. By integrating robotics and artificial intelligence, SP Digital is now able to optimize warehouse operations, achieve maximum picking efficiency, and meet…
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…moved online due to the COVID-19 pandemic. “Although we may be unable to physically convene in Washington, D.C. for this year’s National Forklift Safety Day, we are still just as committed to supporting this important initiative and join the industry in promoting safer working environments,” Mozer continued. For more than 60 years, the ITA has been the leading organization of…
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…e-commerce growth soared during the COVID-19 pandemic, the need to address labor shortges, increase road safety, and meet customer expectations for rapid and contactless delivery has also risen. Gatik said its fleet of Class 3-6 trucks is equipped with multi-temperature compartments and operates seven days a week, 12 hours a day, on routes up to 300 miles in multiple markets…
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…settle into the new facility, COVID-19 brought an unprecedented demand surge, as some shoppers decided to purchase 6 to 12 months of supplies in advance. Since NorthShore distinguishes itself with same-day shipments, it focused on automation as a means to meet demand peaks, while also maintaining accuracy at the highest level. Overall, NorthShore wished to improve speed, accuracy and safety,…
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