Found in Robotics News & Content, with a score of 0.45
June 07, 2023
…solutions for big problems. Innovation Endeavors has invested in Third Wave Automation because we think autonomous forklifts offer value. One area we’re excited about is scenario planning. We’re hearing from heads of supply chains that with all the disruptions—it has been one thing after another—as networks evolve, they want more nodes. “If something happens, what do I do? If one product line sells more, how I scale production and manage inventory?” Scenario planning is currently done with old software and little automated hardware, but supply chain leaders want to do more of this. They need actionable data to make their…
Found in Robotics News & Content, with a score of 13.49
February 16, 2023
Third Wave Automation, which provides high-reach autonomous forklifts, yesterday announced that it has received strategic investment from Qualcomm Ventures and Zebra Technologies. The Union City, Calif.-based company said the latest, unspecified funding brings its total financing to $70 million. Third Wave Automation (TWA) said the investment will enable it to accelerate innovation as its first product expands its select pilot program. It also plans to develop systems to automate other classes of forklifts, including narrow-aisle and counterbalance trucks. “With the strategic investment from Qualcomm Ventures and Zebra Technologies, we look forward to scaling production of our fork trucks, deploying them…
Found in Robotics News & Content, with a score of 1.33
December 12, 2022
…test its performance and capabilities. Featured Customers and Partners: Third Wave Automation will showcase its fully automated reach truck solution, the TWA Reach. Coupled with its Collaborative Autonomy Platform, TWA Reach can support 366”, high bay, pick & place in remote, remote assist or manual mode, all while working alongside warehouse teams. Flyability will showcase Elios 3, the world’s first collision-tolerant drone harnessing the power of computer vision and lidar to create rich 3D models and transform the world of inspection, mapping, and surveying. LASE will showcase a series of video demonstrations of its autonomy solutions on industrial and smart…
Found in Robotics News & Content, with a score of 6.86
August 19, 2022
…last week announced the recent approval of Schneider Electric, Third Wave Automation, and Daifuku Wynright's applications to join the MHI industry group. MHI, formerly the Material Handling Industry of America, is an international trade association that has represented the material handling, logistics, and supply chain industry since 1945. Its members include equipment and systems manufacturers, integrators, consultants, publishers, and third-party logistics providers (3PLs). MHI offers education, networking, and sourcing for its members, their customers, and the industry as a whole through programming and events. The Charlotte, N.C.-based association sponsors the ProMat and MODEX expos to showcase the products and services…
Found in Robotics News & Content, with a score of 0.44
April 25, 2022
…Waypoint Robotics, Locus Robotics, Seegrid, MiR, AutoGuide Mobile Robots, Third Wave Automation, A3, and Open Robotics, is part of MassRobotics' AMR Interoperability Working Group. “Going two or three years back, an installation of two or three AMRs was really the standard,” Nicolay said. “You saw a lot of customers started with small fleets just to test the technology. “But these days, you have installations of multiple robots—20, 30, and beyond— and not only from one vendor, but from multiple vendors for different applications, different use cases,” he added. “There really is a demand for a single internal logistics system.” The…
Found in Robotics News & Content, with a score of 0.26
November 14, 2021
…Locus Robotics Seegrid Mobile Industrial Robots AutoGuide Mobile Robots Third Wave Automation InOrbit Open Robotics A key focus of this standards effort is to allow AMRs of different types to share status information or “rules of the road.” For example, the standard addresses data points such as common reference location, current location, a robot’s state (active versus idle), and future destination. The standard also enables the creation of operational dashboards so managers can gain insights into fleet productivity and utilization. However, it is not meant as an orchestration platform or some type of overarching fleet controller, explained Walker, who is…
Found in Robotics News & Content, with a score of 4.98
August 06, 2021
Third Wave Automation Inc. this week announced the closing of $40 million in Series B funding led by Norwest Venture Partners. The Union City, Calif.-based “shared autonomy” startup said it plans to use the investment to accelerate growth and commercialization efforts. “I've been tracking Arshan [Poursohi, CEO] and the team at Third Wave for some time and have been consistently impressed,” said Matt Howard, general partner at Norwest Venture Partners, who will join Third Wave's board of directors. “When I last visited the Third Wave facility and saw its forklifts easily completing picks and places, my jaw dropped, and I…
Found in Robotics News & Content, with a score of 6.09
May 19, 2021
Third Wave Automation Inc. and Toyota Industries Corp. today announced a strategic partnership to produce the next generation of intelligent, fully autonomous material handling vehicles. The global materials handling equipment market will expand from $211.8 billion (U.S.) in 2019 to $320.9 billion by 2027, at a compound annual growth rate of 5.4%, predicted Fortune Business Insights. It cited the rapid growth of e-commerce, with consumer spending at nearly $3.5 trillion in 2019 and a year-over-year growth rate of 17.9%. Businesses are turning to automation to meet this demand while keeping production and logistics costs down. “Our strategic development efforts with…
Found in Robotics News & Content, with a score of 0.65
May 18, 2021
…Locus Robotics, Seegrid, Mobile Industrial Robots, AutoGuide Mobile Robots, Third Wave Automation, the Open Source Robotics Foundation, and others. “In a rapidly evolving field, this is an important first step to getting multiple vendors to operate together,” Ryden said. “We've had a great team involved, including contributions from users and AMR manufacturers.” “The release of Version 1.0 of the MassRobotics Interoperability Standard is a crucial milestone for the industry,” said Daniel Theobald, CEO of Vecna Robotics and co-founder of MassRobotics. “It's this pre-competitive collaboration and combined thinking from the greatest minds in the field that drive the sector forward exponentially…
Logistics integrator Korber and mobile robot provider Geek+ said they empower businesses to overcome efficiency, scalability, and sustainability challenges.
