Found in Robotics News & Content, with a score of 7.22
…companies. They include AutoStore, Berkshire Gray, JD Logistics, and Uber. The business combination was approved at a special meeting of SVFC shareholders held on June 3. As a result of the transaction, the combined company received additional growth capital to supplement its existing $363 million of combined cash on the balance sheet as of March 26 and proceeds from a May 20 warrant exercise. “We are thrilled to complete our business combination with Symbotic,” said Yanni Pipilis, chairman and CEO of SVF and managing partner at SBIA. “We believe Symbotic is years ahead of its peers, with an exceptional technology…
Found in Robotics News & Content, with a score of 7.12
…Bets on Automation as it Prepares to Fend Off Uber and Amazon Related “Delivery” White Papers Five Ways to Optimize Your DC For E-Commerce Fulfillment While DCs typically are designed to handle below-peak throughput, the rise of e-commerce, more frequent promotions and competitive service level agreements are creating more peak periods than ever. Download Now! Drivers and Enablers for Moving Ahead of the Competition The process of final delivery has been disrupted by the creation of omnichannel operations, through competition, endless aisle, and same-day/next-day delivery, the final delivery services are not new to consumers, and the direct-to-consumer B2C and B2B…
Found in Robotics News & Content, with a score of 7.06
…2025” already on the highways and has partnered with Uber Technologies Inc. Apple, Microsoft, Ford, and many others are also involved in the development of autonomous vehicles. There is another combine, Waymo/Google/Alphabet, working out kinks in the technology. Lyft and General Motors are combining efforts. And of course, Tesla and its innovative CEO Elon Musk, the peripatetic Canadian-American business magnate, investor, engineer, and inventor are bullish. The U.S. chip-making giant Intel announced Monday that it had reached a deal to acquire an Israeli company called Mobileye for $15 billion. The combination is expected to accelerate innovation for the automotive and…
Found in Robotics News & Content, with a score of 7.01
…clearly wants to prove itself a major player. Read: Uber and Bell Helicopter show off passenger drone concept at CES 2018 Related: Why You Need to Think Twice About Flying Unmanned Aerial Vehicles for Transportation Related White Papers The Future Isn’t What It Used To Be According to predictions made a few decades ago, current travel should involve self-driving automobiles, jetpacks and flying cars, with space transport a common occurrence. Download Now! Parcel Delivery: The Future of Last Mile Currently subject to significant disruption, last-mile delivery, especially of parcels, is getting a great deal of attention in the media and…
Found in Robotics News & Content, with a score of 6.74
…vehicles, and Mercedes-Benz parent Daimler AG has partnered with Uber Technologies Inc. Google, which separated its self-driving car project into a new unit called Waymo last year, plans to start a ride-sharing service using semi-autonomous minivans made by Fiat Chrysler Automobiles NV as soon as the end of 2017. Volkswagen AG is rolling out Moia, a new division that will focus on ride-sharing and other mobility services. Mercedes already offers cars that can pilot themselves at highway speeds. Digital mobility services for automobiles will reach $2.03 trillion (1.9 trillion euros) in 2025, up from 860 billion euros in 2016, according…
Found in Robotics News & Content, with a score of 6.67
…investor and former climate policymaker Sierra Peterson, and former Uber CPO Manik Gupta. “Solving the recycling industry's acute labor shortages with intelligent robotics and AI is [not only] a massive commercial opportunity, but also an important step toward significantly reducing emissions and waste,” said Ann Bordetsky, a partner at NEA. “We're proud to back Glacier's experienced and passionate team as they introduce automation and data intelligence to an essential industry that we all rely on every day.” NEA is a global venture capital firm with nearly $24 billion in cumulative committed capital since its founding in 1977. The company invests…
Found in Robotics News & Content, with a score of 6.66
…Zosel says. Boeing recently tested its own autonomous air tax in Virginia, and Airbus conducted similar tests last year. Uber, Toyota, Volkswagen and other companies are also working on air taxi concepts. A few market research reports have estimated the potential urban air mobility market could grow to anywhere from $15.2 billion by 2030 or as high as $23.7 billion in the same period. However, all of these projects will be dependent on advancements in electric aircraft battery technology, as well as the ability for busy airports and cities to create a workable model for managing air taxi traffic.
Found in Robotics News & Content, with a score of 6.51
…could more easily afford them or share them through Uber-like services. In contrast, Daum argued that the family farm is less likely to survive in the dystopian scenario. Only major manufacturers would be able to manage the vast swaths of land and high costs of large machinery, he claimed. Without a careful approach, agricultural robots could lead to monocultures and ecological damage, says Daum. Image credit: Natalis Lorenz Challenge of scale In parts of Europe, Asia, and Africa, where there are currently many smaller farms, there are clear benefits of making a conscious effort to achieve the utopian scenario. The…
Found in Robotics News & Content, with a score of 6.49
…of self-driving vehicles, such as Aurora, Motional, TuSimple, and Uber? “I think competition is great—if there wasn't any, this would be an isolated industry,” replied Mitra. “We believe we're in the nascent phases of where technology can make an impact in healthcare. When it comes to talent acquisition, it comes down to where people want to apply their education and help others.” Smith+Nephew's “three pillars” at its Pittsburgh site. Source: Smith+Nephew Investing in the future of surgical robotics “In the past couple of years, Smith+Nephew has focused on its three cultural pillars: care, collaboration, and courage,” Mitra said. “Our new…
Found in Robotics News & Content, with a score of 6.25
…and Prosperity7, as well as angel investors including early Uber executives. The Chaparral autonomous VTOL cargo aircraft initially uses a hybrid-electric powertrain. Source: Elroy Air LCI commits to Elroy Air's long-term growth LCI said its investment in Elroy Air's system underpins its long-term commitment to sustainable growth and innovation. Under the terms of the deposit-backed agreement, LCI will initially acquire 20 aircraft with an option for a total of up to 40 units. “We have been impressed with Elroy Air's vision and approach and look forward to working closely with the team on a wide range of opportunities,” said Jandu.…
Found in Robotics News & Content, with a score of 6.14
…and it is home to Aurora, which recently acquired Uber’s Advanced Technology Group (ATG). “As a longstanding center of innovation, we are proud to call Pittsburgh home and to work alongside the region’s diverse talent and technology industry leaders to create real value for everyday applications, including mobility and transportation,” said Peter Rander, co-founder and president of Argo AI, which is working with Ford and Volkswagen to launch autonomous ride-hailing and delivery services. The autonomous vehicle company has grown its team to more than 500 in Pittsburgh and 1,300 worldwide since it was founded in 2016. “In addition to leading…
Found in Robotics News & Content, with a score of 6.12
…fleet manager collaborates with human pickers and works like Uber—it tells pickers where to go next through PDAs [personal digital assistants]. How much localization have you had to do coming to the U.S. or Australia and New Zealand? Guan: We found it interesting. In China, we have a lot of U.S. brands, and the warehouse aisles and layout are similar. The main thing to change is the language interface, which not only includes English, but also Spanish in the U.S. We're moving to being a global solutions provider serving clients locally. Our demonstration centers will open in Melbourne and Chicago,…