Found in Robotics News & Content, with a score of 6.05
…sales network with more than 60 countries such as Japan, South Korea, Singapore, Spain, and Germany. SoftBank leads round SoftBank Ventures Asia led the latest investment round in Youibot. Founded in 2000, SoftBank Ventures Asia is the global early-stage venture arm of SoftBank Group. The firm invests in technology, media, and telecommunications (TMT), including artificial intelligence, semiconductors, software, and consumer brands. SoftBank Ventures Asia has invested in more than 250 companies in 10 countries and regions and has offices in Seoul, San Francisco, Tel Aviv, Beijing, Singapore, and elsewhere. Youibot attracted investor attention because of its “closed-loop solution from hardware…
Found in Robotics News & Content, with a score of 6.03
…which has served the order-fulfillment industry in Europe and Japan, is continuing to grow its presence in the U.S. market. Customers including Gap Inc., Ariat International, and Comoto Holdings have recently adopted the Skypod system. The company raised $90 million a year ago, and its U.S. headquarters are in Atlanta. “The hockey-stick growth of e-commerce, coupled with the growing importance of supply chain resilience, continue to be a massive tailwind for scalable robotics solutions like Exotec,” said Romain Moulin, CEO of Exotec. “We are delighted to join forces with AHS and GEODIS to better serve the rapidly evolving needs of…
Found in Robotics News & Content, with a score of 6.01
…The Shenzhen, China-based company has subsidiaries in Hong Kong, Japan, Singapore, the U.S., and the Netherlands. HAI Robotics claimed that its award-winning HAIPICK autonomous case-handling robot (ACR) system for warehouse logistics, independently developed in 2015, is the first of its kind. The company has raised more than $200 million in its Series C and D rounds this year. Accelerating demand causes cross-border crunch Demand for global warehousing services has dramatically surged with e-commerce growth in the past few years, said HAI Robotics. In 2020, Chinese cross-border trade volume amounted to RMB1.69 trillion ($260 billion U.S.), rising 31.1% from the previous…
Found in Robotics News & Content, with a score of 5.99
…as well as venture capital firms from California, Israel, Japan, and Asia. AAABC accepting applications The Broward County initiative is now accepting online applications. Those eligible to get an ElliQ for free are English-speaking adults ages 60 and older, with Wi-Fi in residence and with no significant impairments, said Intuition Robotics. The Area Agency on Aging of Broward County is sponsored by the Areawide Council on Aging of Broward County and the Florida Department of Elder Affairs. It is the nonprofit organization responsible for planning, coordinating, monitoring, and funding programs designed to meet the needs of over 476,486 year-round Broward…
Found in Robotics News & Content, with a score of 5.98
…trade show next week. Both companies are owned by Japan-based Murata Machinery Ltd. Technologies featured will include robotic order-picking systems, as well as automated storage and retrieval systems (ASRS). They will also have live automated guided vehicle (AGV) demonstrations. As integrators of intralogistics systems for industries including food and beverage, grocery, retail, medical, and automotive, both Muratec and Cimcorp said they help customers improve warehouse and distribution efficiency, sustainability, and profitability by customizing systems designed to fit their needs and specifications. Booth visitors will also see a 3D model that will demonstrate how these systems integrate. It will showcase end-to-end…
Found in Robotics News & Content, with a score of 5.97
…according to Skyline. The company recently received patents in Japan and Singapore for its window-cleaning system. Skyline has already deployed its first robots in New York City and said it is planning to enter markets in various major cities globally. “We have 4G, gauges for stabilization, and water and power lines on the rooftop, and a KUKA KR Agilus 2 robot arm in the standard basket,” said Ross Blum, president and chief operating officer of Skyline Robotics. “There are not many waterproof six-axis arms on the market, and the IP rating is pretty important, since it can access the same…
Found in Robotics News & Content, with a score of 5.95
…a dozen countries across North America, Western Europe, and the Middle East, as well as parts of Asia, including Japan and South Korea. The new robot is now available for pre-order on DEEP Robotics’ official website and through local resellers in Europe. Overseas shipping of Lite3 is expected to begin in September 2023. DEEP Robotics said leading universities including Tsinghua, Peking, and Edinburgh, along with University College London, already use its robot dogs.
Found in Robotics News & Content, with a score of 5.94
…technology company headquartered in Singapore with offices in India, Japan, Germany and the U.S. The company operates major Research and Development (R&D) Centers in India, the U.S. and Singapore. The new funds will enable GreyOrange to fulfill its vision of developing and deploying intuitive, flexible and scalable solutions for end-to-end automation across the supply chain, from factories to fulfillment centers, and beyond. GreyOrange plans to build on the strong growth it has experienced over the past five years by expanding operations across Asia, Europe and the U.S. To that end, the company recently established its U.S. headquarters and manufacturing facility…
Found in Robotics News & Content, with a score of 5.87
…use the capital to expand in the U.S. and Japan, as well as build out its production infrastructure in Germany to meet the demand of its order book, which exceeds $450 million. “This involves cognitive industrial robots for applications such as welding, warehousing, gluing, sanding, and assembly,” explained Reger. “However, this volume only describes the minimum delivery volume over the next five years. The actual demand of our customers is much higher, but currently still limited by our production capacities.” “For a better classification of the demand as a whole—the order volume mentioned results from just one-time 14 contracts,” he…
Found in Robotics News & Content, with a score of 5.87
…and other industries. It has established technology centers in Japan and Germany and is working with more than 300 automation companies to provide localized services. Earlier this year, the company launched the new JAKA Pro series to operate in harsh environments. JAKA Pro robots are IP68-rated and can run for nearly six years without interruption, it said. Global investors join Series D funding Temasek, TrueLight Capital, SoftBank Vision Fund 2, and Prosperity7 Ventures, and the diversified growth fund of Aramco Ventures led JAKA Robotics' Series D round. One strategic investor also participated. “We believe Jaka Robotics is one of the…
Found in Robotics News & Content, with a score of 5.87
…DriveU.auto platform on roads in the EU, U.S., China, Japan, and Israel. DriveU said it provides the connectivity necessary for teleoperation across environments. Source: DriveU.auto Teleoperation a necessary step toward autonomy Driverless vehicles are entering a new phase: mass deployment and commercialization, according to DriveU.auto and Teraki. In this phase, mobile robot and self-driving vehicle operators must scale large fleet operations in the real world. Teraki claimed that it selects and processes only the relevant information from large amounts of sensor data. It said its preprocessing algorithms can improve the accuracy of subsequent artificial intelligence models by 20% through efficient…
Found in Robotics News & Content, with a score of 5.80
…For example, ABB’s YuMi dual-armed cobots have recently helped Japan’s SUS Corporation - a supplier of die-cast aluminum components - reduce assembly time and increase productivity by 20%. ABB said introducing flexibility enables the company to respond to fluctuations in demand, with payback on the company’s investment expected within two years. More than half (53%) of all European respondents cited rising energy costs as one of their top three concerns, compared to only 38% of those in Asia. “Solutions to reduce energy consumption at the point of manufacture are already available,” said Reger. “New generations of intelligent automation and robot…