Found in Robotics News & Content, with a score of 1.86
…day, thanks to the operational efficiencies uncovered in simulation. Amazon Robotics uses it to support its fulfillment centers (see video below). BMW Group taps into it to accelerate planning for its automotive assembly plants. Soft Robotics applies it to perfecting gripping for picking and placing foods for packaging. Automakers worldwide are supporting their operations with robotics. “Car companies employ nearly 14 million people. Digitalization will enhance the industry’s efficiency, productivity and speed,” said NVIDIA CEO Jensen Huang during his latest GTC keynote. How robotics simulation works, in brief An advanced robotics simulator begins by applying fundamental equations of physics. For…
Found in Robotics News & Content, with a score of 5.26
…and helps them get ahead of problems,” said Puneet Khattar, Aigen's head of electrical engineering, who previously worked on Amazon's satellite program and at SpaceX. Every aspect of the Aigen Element robot is built for maximum efficiency on the farm, the company claimed. The lightweight frame and solar panel, paired with regenerative motors and rugged suspension, allow the robots to effectively navigate and weed row crops for up to 14 hours a day in nearly any weather condition.
Found in Robotics News & Content, with a score of 2.94
…Ocado (itself said to be up for purchase by Amazon.com) a sign of weakness in certain segments? Sharma: Supply chain issues were a big problem during the pandemic, as well as high demand from consumers. Home delivery had become critical, and then there were shortages on the worker side. You'd think that supply chains and warehousing would already be automated, but at least 50% in the U.S. is largely manual. Coupled with e-commerce demand and worker shortages, you'll have serious problems. Our team saw during COVID that a lot of these companies have been investing heavily in automation. Now we…
Found in Robotics News & Content, with a score of 5.42
…and extensive logistics experience, both in the U.S. at Amazon and Alibaba in China. At Alibaba he worked at the logistics arm, on projects involving the integration of artificial intelligence and machine learning into logistics. He left in 2019 and assembled a team of co-founders who brought a range of tech, business development, AI, automation and logistics skills to the company he started. CoEvolution now has more than 100 employees, over 50 deployments around the world, offices in both China and the US, and ambitious plans to expand its reach into Europe, where it is now seeking integrators and partners.…
Found in Robotics News & Content, with a score of 3.94
…million from Reliance Retail Ventures Ltd. and partnered with Amazon Web Services to improve data security and reliability, has its U.S. offices in Irvine, Calif. Robotics 24/7 spoke with Sangeet Kumar, co-founder and CEO of Addverb, about the collaboration with Purdue and his vision for the future of manufacturing. How did this partnership come about? Sangeet Kumar, CEO, Addverb Technologies Kumar: Purdue University was looking for some flexible solutions as it was setting up a smart lab for undergraduate students. It had also collaborated with Microsoft and other companies. The university wanted to teach students about smart manufacturing through practical…
Found in Robotics News & Content, with a score of 12.59
Addverb today announced that it has partnered with Amazon Web Services to improve the efficiency of its warehouse automation solutions. The partnership with AWS will allow Addverb to leverage the cloud platform's machine learning, analytics, and Internet of Things, or IoT, connectivity capabilities to enhance the capabilities of its robotic solutions. Founded in 2016, Addverb offers AI-enabled fixed & flexible automation solutions. The company said its AI- driven solutions and software are designed specifically to serve the global e-ecommerce, warehouse distribution and manufacturing industries. Addverb is a global technology company with headquarters in North America, India, Netherlands, and Singapore. AWS…
Found in Robotics News & Content, with a score of 13.58
…countries. Junglekeepers turns to technology The destruction of the Amazon rainforest through human activities such as logging and burning to clear land for agriculture are contributing to the devastating effects of climate change, said Junglekeepers. More than 870,000 km² (335,908 sq. mi.) of the Amazon rainforest have been cleared since 1985, an area larger than France, the U.K., and Belgium combined, estimated the Science Panel for the Amazon. With tens of billions of trees already being gone, the region is warming fast. “The Amazon is in danger,” said Dennis del Castillo Torres, director of forest management research at the Peruvian…
Found in Robotics News & Content, with a score of 9.90
Amazon's purchase of Kiva Systems in 2012 has had a ripple effect on the entire robotics industry. In the wake of the purchase, numerous robotics companies emerged, and interest and investment in warehouse robotics began to grow. Quiet Logistics, which had been a customer of Kiva's, decided to start making its own autonomous mobile robots (AMRs) and would go on to found Locus Robotics in 2014. A number of former Kiva Systems employees banded together to start 6 River Systems in 2015. Other AMR makers that were founded around that time include Geek+, Fetch Robotics, and IAM Robotics. But how…
Found in Robotics News & Content, with a score of 4.71
…what will happen next. He compared the transaction to Amazon purchasing Kiva Systems in 2012 and how much of that technology went in house and was no longer available to customers. “[Customers] are sitting there saying, 'I got my supply chain technology wrapped up in a Shopify/6 River Systems solution, and now this company Ocado owns it,'” he said. “'What are they going to do it. I don't know, and do I want to be held captive to it?'” In response to the sale of 6 River Systems, IAM Robotics has gotten some increased customer interest, Link said. The company…
Found in Robotics News & Content, with a score of 4.38
…has innovation experience from startups and companies such as Amazon, HP, IBM, Microsoft, and Samsung. It claimed that its growing list of customers and investors represents a wide variety of industries across Canada, the U.S., and other countries. Last spring, the company announced the completion of its Series A funding round. In November, the company received a C$30 million ($22.2 million U.S.) Strategic Innovation Fund (SIF) contribution from the government of Canada, bringing its total funding to over C$100 million ($74.2 million U.S.). Sanctuary AI said it is actively raising its next funding round. To fulfill the ambitious mission of…
Found in Robotics News & Content, with a score of 5.50
…add more bots! Locus Robotics pursues strategic partnerships After Amazon.com Inc. took Kiva Systems off the market in 2012, Locus Robotics spun out of Quiet Logistics in 2014. In November 2022, Locus raised $117 million in Series F funding, bringing its valuation to close to $2 billion. The Wilmington, Mass.-based company reported that its systems, which collaborate with human warehouse associates, completed more than 230 million cart picks during last year's holiday peak. While it has stayed independent, Locus has recently also partnered with several companies on automation deployments, including Berkshire Grey, Design Future Japan, FANUC, Körber Supply Chain, and…
Found in Robotics News & Content, with a score of 3.36
…very few of them are currently profitable. Consolidation continues Amazon.com purchased Kiva Systems for $775 million in 2012, reserving its platforms for internal use only and helping to create the category by showing the “art of the possible” and forcing retailers to look for alternatives. Shopify's acquisition of 6 River Systems (6RS) for $450 million in 2019 was one of the largest transactions to date in this space. More recently, there were several mobile robot mergers and acquisitions (M&A) in 2021. Transactions included Zebra Technologies buying Fetch Robotics for $290 million, ABB Group acquiring ASTI Mobile Robotics Group for $190…