Found in Robotics News & Content, with a score of 0.71
…AI. Huang demonstrated with Milan Nedeljković, member of the BMW AG's management board, how a photorealistic digital twin of a manufacturing facility can help plan for a “factory of the future.” “These new innovations will reduce the planning times, improve flexibility and precision, and at the end produce 30% more efficient planning,” said Nedeljković. Omniverse Enterprise includes the Omniverse Nucleus server, which manages the shared database, and Omniverse Connectors, which are plug-ins to design applications. It also includes Omniverse Create for accelerating scene composition and enabling users to assemble, light, and render scenes, and Omniverse View, which provides for collaborative…
Found in Robotics News & Content, with a score of 0.70
…Robots and Yaskawa use Wandelbots' software at customers like BMW, Bayer, VW, Fraunhofer, Schaeffler, Rotop, and Vitesco. The company has also partnered with operational technology (OT) systems integrators in Europe such as Gibas, Alumotion, Heidenbluth, and Sojka. Wandelbots plans to use its latest financing to open its Robotics Software Platform to automation providers and the third-party developer community. The opening will enable developers to build their own robotics applications on top of a manufacturer-agnostic control plane, the company said. Insight Parters leads funding, joins board Insight Partners led Wandelbots' Series C round. Existing investors 83North, Microsoft, Next47, Paua, Atlantic Labs,…
Found in Robotics News & Content, with a score of 0.70
…the German Automotive Association (VDA). It will presenting its interoperable system in a joint project of five automakers, including BMW, Ford, Mercedes-Benz, Jaguar-Land Rover, and Cariad, a technology subsidiary of Volkswagen Group. The project also includes four technology vendors: Unikie, Bosch, Valeo, and Continental/Kopernikus. Unikie said it is working with multiple OEMs to validate its technology, and it expects the first production installations during 2022.
Found in Robotics News & Content, with a score of 0.70
…Autobrains' algorithm does not require supervised deep learning. Source: BMW i Ventures Funding and partners Temasek, a Singapore-based global investment company, led Autobrains' Series C round. New investors included automotive player Knorr-Bremse AG and Vietnamese car manufacturer Vinfast. Existing investor BMW i Ventures and long-term strategic partner Continental AG also participated. “Autobrains has tested its technology with hundreds of engineers and millions of miles in lots of geographies,” Raichelgauz said. “One surprise was that after just a few weeks, our partners could see the technology steering a car from a laptop. They saw that this technology could solve many problems,…
Found in Robotics News & Content, with a score of 0.68
…their own robot vendors, as in the case of BMW and Idealworks.” As the market develops, some companies will pull ahead and begin to dominate the space, which is currently very fragmented. Robotics vendors will attempt to move up the value chain, while also creating a powerful platform for smaller companies to coalesce around, said ABI. “Gradually, this will result in increased efficiencies and fewer challenges to implementing robots for material handling,” Whitton noted. These findings are from ABI Research's “Industrial Robotics for Material Handling Competitive Ranking” report. This report is part of the company's Industrial, Collaborative & Commercial Robotics…
Found in Robotics News & Content, with a score of 0.67
…in consumer goods and manufacturing. Xometry has worked with “BMW and 44% of the Fortune 500 motor vehicles and parts companies,” according to its web site. Fictive's customer list includes NASA and Ford, among others. With both Xometry and Fictiv, the highly automated ordering system manages the file transmission, inspection, and job quote requests. But the humans are also in the loop. When it comes to reviewing parts to ensure they won't cause manufacturing issues, both companies employ a pool of expert engineers for the task. The New Manufacturing Climate Cronin said Xometry's service providers are mostly based on the…
Found in Robotics News & Content, with a score of 0.67
…and Translink Capital co-led the round, with participation from BMW i Ventures, Kensington Capital Partners, Perot Jain, and Ironspring Ventures, as well as existing investors. Whitney Rockley of McRock Capital and Toshi Otani of Translink Capital will join Plus One's board of directors. “The Plus One team has done an excellent job aggressively growing its business over the past two years,” said Rockley. “Their market traction and customer base validates the need for logistics automation using agnostic, scalable applications.” “With their precision and quality, Plus One is positioned to be an integral part of any system in e-commerce fulfillment and…
Found in Robotics News & Content, with a score of 0.66
…efficiency. Recogni is backed by major automotive companies, including BMW, Toyota Ventures, and Bosch. To date, it has raised $74 million. RK Anand started Recogni back in 2017 and ran it as CEO up until October of last year when he stepped down to become chief product officer. Anand said he planned to help the company focus on taking its technology to market. Recogni’s new CEO, Marc Bolitho, just started last month and previously worked at ZF Group, another technology company working on self-driving vehicle systems. Annad recently sat down with Robotics 24/7 to discuss his company’s products and the…
Found in Robotics News & Content, with a score of 0.65
…sensors and can increase accuracy, efficiency, and ensure safety across a range of industries and applications. Its customers include BMW, Mercedes-Benz, Chattanooga Department of Transportation, and Emart. Seoul Robotics has offices in Seoul, South Korea, as well as Silicon Valley, Munich, and Detroit and is backed by leading global financial institutions. It raised $12 million in a bridge round of investment from the Korea Credit Guarantee Fund earlier this month.
Found in Robotics News & Content, with a score of 0.60
…production facilities for automakers such as Ford, Nissan, and BMW. Scape Technologies recently launched the SCAPE Easy-Picker and SCAPE Mini-Picker, which it claimed are easy for small and midsize enterprises (SMEs) to install. It also released the SCAPE Package Picker for distribution and logistics applications. In addition, Scape Technologies said that its systems include integrated components and software modules that can be connected directly to leading six-axis robot arms and collaborative robots from companies such as Universal Robots, ABB, FANUC, Kawasaki, and KUKA. The company is listed at Nasdaq First North Growth Market. Scape expands offerings in the Baltic region…
Found in Robotics News & Content, with a score of 0.60
…GreatPoint Ventures, Celesta Capital, Mayfield, and DNS Capital. Other investors include automotive OEMs and Tier 1 suppliers such as BMW iVentures, Toyota Ventures, Bosch, Continental, Forvia, and FluxUnit-OSRAM Ventures. “Having been in the automotive and autonomous driving industry for decades, it became clear that autonomous capabilities would only be able to go so far when using existing technology,” said Dr. Yvonne Lutsch, investment principal at Bosch Ventures. Recogni has proven that to move the industry forward, it requires purpose-built technology that is powerful, flexible, and easy to integrate,” she said. “And Recogni continues to demonstrate their credibility as an autonomous…
Found in Robotics News & Content, with a score of 0.60
…that may cause injuries to workers. For instance, the BMW plant in Spartanburg, S.C., uses cobots to assist employees in moving and carrying car parts. This minimizes the risk of injury and employee strain from handling heavy materials. With the assistance of cobots, the automotive plant managed to boost worker safety and eliminated the need for employees to do physically exhausting tasks. Collaborative robots are innovations that can improve working environments and assist supply chain workers. With these robotic partners, employees can forego repetitive, arduous, and even dangerous tasks to improve productivity and reduce risks. Thus, supply chain companies, as…