Found in Robotics News & Content, with a score of 6.89
…of Robot Industry, or KAR, and will feature Cobotsys Co., Dogu Co., HCNC Co., Neuromeka Co., Rainbow Robotics Inc., RS Automation Co., TAEHA Corp., Twinny Co., and UnD Co. The companies will be located at Booths 3250 through 3452. While KAR has participated in other trade shows in Europe and Asia, Automate will be its first in North America. It said it chose to make its North American debut at Automate because it has become “a reliable platform for global companies in the automation and robotics industry to showcase their new technologies and exchange ideas.” In a press release announcing…
Found in Robotics News & Content, with a score of 0.84
…despite the potential efficiency benefits, cost-savings, and worker retention gains, many companies aren't using robots at all. Take the warehouse market, for example. A 2021 report from Research and Markets found that more than 80% of all warehouses have no automation. Last week during the Cascadia Connect event in Pittsburgh, a group of robotics executives, investors, and systems integrators tackled that problem during the panel on “Bridging the Last Mile: How Do We Deploy Robots More Quickly and Efficiently?” The panel was moderated by Jason Lippenberger, senior vice president at Cascadia Capital, and it included: Bryan Bird, regional president for…
Found in Robotics News & Content, with a score of 0.63
…and defend them over time.” Early-stage startups struggle to gain capital Fady Saad discussed why he decided to start his new robotics venture capital firm Cybernetix Ventures, which provides early-stage funding for robotics companies. Fady Saad The MassRobotics co-founder said he started the business with co-founder Mark Martin because he observed that many venture capital firms were not organized or prepared to invest in early-stage startups that are looking to take their technology from a prototype to a commercial product. When investing in a robotics company, Saad noted that he looks at three key factors: market fit, viability of the…
Found in Robotics News & Content, with a score of 0.43
…significant re-engineering, if not the failure of needed efficiency gains. Without careful preparation, operators will find it nearly impossible to manage unpredictable scale and throughput, achieve critical energy management for sustainability, and implement required smart data management for critical reliability over time. Where did this problem and new risks come from? We all know e-commerce has taken center stage for retail and transformed our entire supply chain. The pandemic era surge caused a 14% year-over-year growth in 2021 and another 8% in 2022 with e-commerce reaching $1 trillion for the first time. This dramatic market transition comes with a perfect…
Found in Robotics News & Content, with a score of 1.17
…robotics companies in the Netherlands, according to data from Dealroom.co. This places the Netherlands in the 15th place among countries in the European Economic Area (EEA, including the U.K. and Switzerland) by total amount invested, excluding grants. “The lack of funding for robotics startup growth is an issue,” Dorssers said. “The investors are there, but they are not willing to invest before the companies become more market driven and change focus to its potential customers.” Dutch robotics companies received $32.4 million in venture capital between 2018 and 2022, according to Dealroom.co. Click on image to enlarge. Source: HowToRobot High Tech…
Found in Robotics News & Content, with a score of 1.01
CHICAGO—Geekplus Technology Co. this week announced that its combined worldwide fleet of robots picked 10 billion pieces over the past year. The company said its goods-to-person picking systems have covered great distances, handled huge volumes of stocks, and, as a result, contributed greatly to the goals of making logistics more efficient and sustainable. “We are very proud of what we have achieved recently,” said Yong Zheng, founder and CEO of Geek+. “The amount of merchandise that our robots have handled, coupled with the savings in time and energy, demonstrate that mobile robots are a technology for today's problems and a…
Found in Robotics News & Content, with a score of 1.80
…to restore buyer confidence after the first disillusionment. Source: Gain & Co 4. Seller-centric solution proposals The automation market is for the most part dominated by seller-centric solution proposals, that mostly specify what the automation solution is and not what it does for the customer. With the absence of clear goals and targets from the customer, the conversation with suppliers often becomes centered around the technical specifications of the solution in the language of the seller. This shifts the burden of proving the value of each solution away from the seller and onto the customer instead. Many businesses, especially those…
Found in Robotics News & Content, with a score of 0.47
…software suite allows customers to better supervise operations and gain deeper analytical insights. Moschella said the company has begun testing with a few third-party logistics customers (3PLs) alpha versions of the software that allow for greater collaboration between human agents and robots. He noted that the first application Vecna is exploring with the new version is case picking, which he said is “probably the highest-labor touch point in a distribution center.” Ideally, these new features should help reduce worker travel within a facility and better optimize a worker’s time, noted Moschella. At ProMat this month, Vecna plans to reveal which…
Found in Robotics News & Content, with a score of 1.53
…Robotics (also known as Holland Robotics) and independent advisor Gain & Co. The company reported that the number of robotics suppliers in the Netherlands “has grown significantly.” For each of the past 12 years, an average of 11 new companies was established in the Netherlands—a 57% increase from the number of businesses formed in the prior period. The study attributed this growth to factors including the country’s highly skilled workforce, a strong focus on innovation, and an increasing demand for automation from businesses experiencing labor shortages and competitive pressure. “There are a lot of up-and-coming robot and automation companies in…
Found in Robotics News & Content, with a score of 1.26
…in our development pathway,” said Adam Sachs, CEO and co-founder of Vicarious Surgical. “I’d like to thank our employees, as well as our hospital system and surgeon partners for their contributions to this achievement. We look forward to further evolving the Beta 2 platform into our initial product offering.” As part of the Beta 2 Demonstration Day event, Dr. Belyansky reviewed intra-operative video of his recent cadaveric ventral hernia repair procedures in which he uses the Vicarious Surgical Beta 2 system. Belyansky, MD, chief of general surgery at Anne Arundel Medical Center in Annapolis, has particular research interest in quality…
Found in Robotics News & Content, with a score of 0.71
…thousands of people in the U.S.,” said Yariv Bash, co-founder and CEO of Flytrex. “From delivering vital medication to remote locations, to dropping off chicken wings in suburban backyards, drone delivery companies progressed and expanded their operations, demonstrating to the public the immense potential for faster, more economical, and more sustainable rapid delivery,” he told Robotics 24/7. Flytrex this year partnered with Causey Aviation Unmanned, The Ice Cream Shop, Jersey Mike's, and Charley's Philly Steaks for services in North Carolina and Texas. In addition, Dronedek this week said it is piloting autonomous deliveries of blood samples between a hospital to…
Found in Robotics News & Content, with a score of 0.71
…handle nearly 50,000 pieces daily, said the company. Such gains are becoming more common as more warehouses and logistics settings adopt automation. Along with e-commerce fulfillment centers and huge distribution centers, warehouses are busier than ever since the height of the COVID-19 pandemic. As the tempo of e-commerce increases, so has demand for supply chain efficiency and resilience. This is driving the development of smarter and capable robots to move goods. Logistics robot ecosystem builds While some warehouses have automated, plenty still have not, according to research conducted by M14 Intelligence on the future of robotics in the warehouse. “More…