Found in Robotics News & Content, with a score of 12.95
…smoking 15 cigarettes per day. As healthcare providers and governments seek remedies, Intuition Robotics has developed the ElliQ companion, which uses artficial intelligence to engage with older adults. The company today announced that it has secured $25 million in the first closing of its latest funding round. “We’ve seen the direct impact that loneliness has had on our aging community, but we’ve also seen the positive results our AI and technology have on the older adult population,” stated Dor Skuler, co-founder and CEO of Intuition Robotics. “Beyond the groundbreaking results in reducing loneliness—ElliQ is also seeing an impact on health,…
Found in Robotics News & Content, with a score of 2.37
…of membership in the organization. It said it “catalyzes collaboration across our nearly 400 member organizations that span industry, government, and academia to lead the way to a future where people and robots work together to respond to our nation’s greatest challenges and to develop and produce the world’s most desired products.” The institute invited attendees to its members-only National Annual Member Meeting, which will take place from Nov. 13 to 15 in Pittsburgh. The meeting brings members together for three days of in-person collaboration, networking, and knowledge-sharing. Contact the ARM Institute at [email protected] to learn more about membership.
Found in Robotics News & Content, with a score of 9.45
…same period a year ago because of delays in government contracts. In 2021, the company went public through a special-purpose acquisition company (SPAC) merger. Leidos continues funding development Leidos is a Fortune 500 technology, engineering, and science solutions and services leader working to solve the challenges in the defense, intelligence, civil, and health markets. The Reston, Va.-based company said its 46,000 employees support missions for government and commercial customers. It reported annual revenues of approximately $14.4 billion for the fiscal year ended Dec. 30, 2022. The $2.1 million in funding for Nauticus was in addition to an earlier $2.7 million…
Found in Robotics News & Content, with a score of 4.62
…obstacles and people effectively. Since 2008, the South Korean government has been systematically laying the groundwork for robotics advancement through successive plans under the Intelligent Robot Development and Distribution Promotion Act. The most recent Third Basic Plan, spanning from 2019 to 2023, has allocated over $100 million to support the creation of 1,500 high-tech robots for use in a variety of sectors, including healthcare. Furthermore, the government has committed to invest more than $130 billion in economic development by 2025 as part of the post-pandemic “Korean New Deal.” Therefore, it is estimated that continued fiscal support will enable South Korea…
Found in Robotics News & Content, with a score of 4.90
…expand its market share. In recent years, the Indian government has declared its “Make in India” strategy as a pivotal direction for industry transformation. It has encouraged local manufacturers to continually expand in scale, the company observed. At the same time, sustainability trends such as energy conservation and carbon, plus digitalization, have led numerous manufacturers to adopt edge AI, cloud computing, and robotics to boost their competitiveness, said DFI. “India has developed rapidly in recent years,” stated Alexander Su, president of DFI. “The transformation of the manufacturing industry is not only robust, but it has also occurred from multiple perspectives,…
Found in Robotics News & Content, with a score of 5.73
…million (Canadian, or $1.5 million U.S.) from the Canadian government to support new hiring. It did not specify the amount of its latest funding. “We look forward to our collaboration with Novarc as we continue to explore the future of innovative manufacturing solutions,” stated Mark Crawford, director of Caterpillar Venture Capital. Caterpillar Venture Capital said it helps entrepreneurs around the world to grow and scale their businesses by using Caterpillar's industry expertise, supply base, and independent dealer network. The investor's focus areas include energy; AI; and environmental, social, and corporate governance (ESG), as well as AI and services to help…
Found in Robotics News & Content, with a score of 3.75
…of the efforts in space exploration have come from governments. As of December 2022, only three economies have successfully executed manned space missions, and the U.S. is still the only country to have sent people who walked on the moon. The COVID-19 pandemic led to an unexpected reduction in the budgets allocated by many countries for space programs in 2021, but the reduction wasn’t very significant for any of them. Click on image to enlarge. Source: Euroconsult Still, the opportunities for space robotics to grow are huge. In fact, the market for space robotics could grow from $3.16 billion in…
Found in Robotics News & Content, with a score of 13.22
Last week, the Seoul Metropolitan Government, or SMG, announced its intention to be a “robot-friendly city.” It said it plans to establish a technology investment fund, introduce robotic services in healthcare facilities, and build the Suseo Robotics Cluster startup and venture hub. SMG said in a release that it plans to invest ₩202.9 billion (about $160 million U.S.) through 2026 in becoming a leader in the robot services industry. It said the Seoul Comprehensive Robotics Industry Development plan is partly intended to respond to the challenge of an aging population. South Korea has one of the world's lowest birth rates,…
Found in Robotics News & Content, with a score of 4.49
…growing robotics sector,” stated Matt Blackburn, senior manager of government relations at autonomous vehicle developer Aurora and a Pittsburgh Robotics Network (PRN) board member. “In order to develop and deploy safe self-driving technology, we’re investing in the tremendous talent in the Pittsburgh area,” he added. “Jenny and the Pittsburgh Robotics Network have been doing incredible work to cultivate our region’s robotics workforce, and we look forward to continued collaboration that brings the benefits of autonomous vehicles to our communities.” Sharpe brings entrepreneurial experience Originally from Wisconsin, Sharpe’s own entrepreneurial journey brought her to Pittsburgh via Venture for America, a fellowship…
Found in Robotics News & Content, with a score of 3.83
…robots to learn from experience using a success-based learning approach. We anticipate the demand for these products from both government and commercial organizations will be large in the coming years.
Found in Robotics News & Content, with a score of 2.70
…Robotics said it caters to industrial and commercial inspectors, government agencies, law enforcement, and more. The winners of the AMD Robotics Innovation Challenge will each receive $5,000 (U.S.), access to AMD’s innovation centers and market experts, and opportunities to display their systems at ROSCon and SPS Shows. The winners will also get introductions to MassRobotics’ extensive network and AMD Kria KR260 Robotics Starter Kits. They will also be able to collaborate on marketing and media engagements, including press announcements, articles, and trade shows. Honorable mentions also named In addition, AMD and MassRobotics said they were impressed by the dedication and…
Found in Robotics News & Content, with a score of 5.36
…This represents a market share of 21%. The French government’s €100bn stimulus package for investment in smart factory equipment that came into effect mid-2021 will create new demand for industrial robots in the next few years. Spain’s car industry driving adoption of robotics Annual installations in Spain grew by 12% with a total number of 3,800 units. Robot installations are traditionally determined by the automotive industry. According to the International Organization of Motor Vehicle Manufacturers (OICA), Spain is the second largest producer of cars in Europe following Germany. The car industry in Spain installed 900 units – up 5%. Sales…