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…capital investment arm of the Korea based LG Group. Its team consists of experienced investors, entrepreneurs, technologists and industry domain experts. LG Technology Ventures manages over $500 million of fund assets and invests in early-stage start-ups in artificial intelligence, mobility, electrification, advanced materials, climate technologies, life-sciences, next generation display, XR, Web3, mobile and 5G. “Venti is solving real-world problems for…
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…year with growth in South Korea also planned for later in 2023. Amy Villeneuve joins RGo’s Board of Directors with leadership experience in the robotics industry, including her time as the former COO and president of Amazon Robotics. “I am very excited to join the team,” said Villeneuve. “RGo’s technology creates disruptive change in the industry. It reduces cost and…
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…fast In the Republic of Korea, 2,867 industrial robots per 10,000 employees were in operation in 2021. Germany ranks in second place with 1,500 units followed by the United States counting 1,457 units and Japan with 1,422 units per 10,000 workers. The world´s biggest car manufacturer, China, has a robot density of 772 units, but is catching up fast: Within…
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…facilities in Norway, the U.K., Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia, and Singapore, as well as production facilities in Koszalin, Poland. It has installed more than 1,150 systems in 49 countries. AutoStore said its partner network of systems integrators handles distribution, design, installation, and service. Editor's note: For more about ProMat 2023, visit Robotics 24/7's special coverage…
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…sloped floor. The Seoul, South Korea-based company said its automated systems are designed for the healthcare, manufacturing, and supply chain industries. Its partners include Doosan Robotics, Hyundai Transys, and Mando. “Some plants with poor conditions struggle to integrate AMR successfully. Now, older manufacturers don't need to remodel to integrate. With THIRA ROBOTICS, robotization is possible for facilities not fit for…
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…the U.K., Germany, Japan, South Korea, and Singapore. Geek+ brings updated portfolio to ProMat Geek+ listed the following products that it will display at ProMat 2023: PopPick is Geek+’s most advanced goods-to-person system and is a finalist for the MHI Innovation Award. It includes picking robots to carry shelves from storage to workstations and robot arms present goods to the…
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…semiconductor innovation. The Seoul, South Korea-based company's technologies are in televisions, smartphones, wearable devices, tablets, and more. Through its Samsung Ventures arm, it has invested in ADAS startups such as Phantom AI. Ambarella now producing CV3-AD Ambarella said a wide variety of human vision and edge AI applications, including video security, ADAS, autonomous driving, and robotics, use its products. The…
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…“LG is one of South Korea’s most respected technology companies, so we were excited about the chance to try out their brand-new robot, Kim said. “Its cutting-edge sensors and programming accurately deliver food to customers and assist wait staff by reducing kitchen runs.” Kim said the restaurant initially invested in two robots, but decided to bring on two more after…
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…robots—China, Japan, the U.S., South Korea, and Germany, plus the European Union—have very different R&D strategies. Governments drive robotics R&D programs in Asia In China, the 14th Five-Year Plan for Robot Industry Development, released by the Ministry of Industry and Information Technology (MIIT) in Beijing on Dec, 21, 2021, focused on promoting innovation. The goal is to make China a…
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…automotive processor. The Seoul, South Korea-based company said designers can use its deep learning-based vision technology for Level 2 advanced driver-assistance systems and automated driving. “Enabling more cars on the road with advanced driver-assistance capabilities can lead to greater driver comfort and improved road safety,” stated Aish Dubey, general manager of automotive processors at Texas Instruments (TI). “The hardware-optimized SVNet…
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…than 30% worldwide. The South Korea-based company also said it has secured $25 million in Series B funding led by KB Investment as it brings its infrastructure-based systems to the global logistics industry. Seoul Robotics is exhibiting at CES 2023 in Las Vegas this week. Founded in 2017, Seoul Robotics said its SENSR core technology is patented 3D perception software…
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…with Teamfresh, one of South Korea’s biggest cold-chain logistics providers, and will supply it with its self-driving trucks. The Seoul, South Korea-based company offers several vision products. The company said VueOne is its flagship product and uses only one lidar sensor to help autonomous vehicles detect obstacles. VueTwo is used for IoT applications and smart city applications for safety and…
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…automotive supplier, headquartered in Seoul, Korea. The company's products include various components for electrification, brakes, chassis, and suspension, steering, airbags, lighting and automotive electronics. Hyundai Mobis operates R&D headquarters in Korea, with four technology centers in the United States, Germany, China, and India. Ottopia’s software has helped cut costs Ottopia's teleoperation software enables autonomous vehicle fleets to do things they…
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…Racing – University of Virginia KAIST—Korea Advanced Institute of Science and Technology (South Korea) MIT-PITT-RW—Massachusetts Institute of Technology (Massachusetts), University of Pittsburgh (Pennsylvania), Rochester Institute of Technology (New York), University of Waterloo (Canada) PoliMOVE—Politecnico di Milano (Italy), University of Alabama, which won last January's challlenge at CES. It also won the Indy Autonomous Challenge Powered by Cisco at the Texas…
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South Korea, already one of the most robot-friendly countries in the world, is getting more service robots. Hyundai Motor Group last week said it has started two pilot programs using autonomous robots based on its Plug & Drive, or PnD, modular platform. They will be conducting delivery services at a hotel and a residential-commercial complex located in the outskirts of…
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