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Remembering robotics companies we lost in 2023

Robotics Business Review

A number of robotics companies shut down in 2023. There are many reasons robotics companies fail. From an ill-conceived idea to poor execution, tough economic headwinds or the inability to raise funding, building and running a sustainable robotics company is challenging. Here are some of the robotics companies we lost in 2023.

Robotics 121
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Feature Updates Add to Offline Robotics Programming Software

Mold Making Technology

for SprutCAM X and SprutCAM X Robot, software that provides offline features for programming various CNC machines used for cutting, wire electrical discharge, as well as two-, three- and and multi-axial machining. Use of industrial robots can enable more efficient production of products and parts with complex surfaces, such as molds.

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Revenues from robotics implemented in retail stores to cross $8.4 billion by 2030

Robotics Automation News

percent annual growth between 2010 and 2019. As the world emerges from the global pandemic, retail is growing at levels not seen in the last two decades. Retail sales grew by 7 percent in 2020 and by over 14 percent in 2021, which is in stark contrast to the 3.7 The increased demand for retail […].

Robotics 119
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India´s Robot Boom Hits All-Time High

Dinesh Mishra

India enters world´s top ten in annual robot installations Frankfurt – GERMANY – 3rd May 2023 – Sales of industrial robots in India reached a new record of 4,945 units installed. These are findings of the report World Robotics, presented by the International Federation of Robotics (IFR).

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ABB to Invest $20 Million in Expansion of Robotics Factory in the United States

Fabricating & Metal Work

Rendering of the lobby planned for the expansion at ABB Robotics‘ factor in Auburn Hills, Mich. The expanded facility will feature the most advanced technology available, with AI-enabled robots and smart digital manufacturing systems supporting the production and manufacture of state-of-the-art customer solutions.

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CSIRO awarded Boeing’s Supplier of the Year

Manufacturer's Monthly

Boeing , the world’s largest aerospace company, has named CSIRO , Australia’s national science agency, a Supplier of the Year for the fifth time since 2010. CSIRO was previously named a Boeing Supplier of the Year in 2018, 2017, 2016 and 2010. Learn more about CSIRO’s thriving collaboration with Boeing.

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Commercial drone company PrecisionHawk shutting down

Robotics Business Review

The Robot Report reached out to PrecisionHawk but hadn’t received a response at press time. Founded in 2010, PrecisionHawk was once a promising drone startup. The post Commercial drone company PrecisionHawk shutting down appeared first on The Robot Report. According to LinkedIn, it has between 51 and 200 employees.