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…$150 million Series E, and ForwardX's $38 million Series B round. The global market for mobile robots (including automated guided vehicles or AGVs) will experience a compound annual growth rate (CAGR) of 15.34%, growing from $11.4 billion (U.S.) in 2019 to $30.96 billion by 2026, according to Research and Markets. It attributed this growth to increasing demand, labor constraints, and…
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ForwardX Robotics Inc. today announced it will offer its collaborative mobile robots through a robotics-as-a-service, or RaaS, model. While the Beijing-based company will also offer outright sale and renting options, the RaaS subscription-based model aims to encourage supply chain operations to upgrade their facilities without the large upfront investment usually associated with automation projects. “The pressure on supply chains to…
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ForwardX Robotics (Booth 1207) recently launched in the Americas what it claims is the world’s only computer vision-based AMR fleet, which has already been installed in logistics, manufacturing and retail facilities abroad. The company is offering a free two-year warranty and a “Pay When You Achieve ROI” campaign for the turnkey solution, and guarantees 99.5% uptime in 24/7 operations. It…
From geometry preparation to AI-assisted analysis, integrated CFD workflows…
North America’s largest robotics and automation event winds down
Automate’s largest day ever draws huge crowds to McCormick Place
North America’s largest robotics and automation event kicks off
