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Samsung increases stake in Rainbow Robotics, establishes Future Robotics Office

Robotics Business Review

Source: Rainbow Robotics Samsung Electronics Co. today announced that it is increasing its stake in Rainbow Robotics to 35% to accelerate the development of robots such as humanoids. More recently, Rainbow in 2023 opened a branch office in Schaumburg, Ill., to market its collaborative robots in the U.S.

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Serve Robotics raises $86M for last-mile delivery expansion

Robotics Business Review

The third-generation Serve Robot is designed to be more rugged, safer, and capacious. Source: Serve Robotics Serve Robotics Inc. This liquidity position reflects strong confidence in our vision and market potential, stated Brian Read, chief financial officer of Serve Robotics. The Redwood City, Calif.-based

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MassRobotics names 2025 Healthcare Robotics Startup Catalyst cohort

Robotics Business Review

Source: MassRobotics MassRobotics has announced the fourth cohort of its Healthcare Robotics Startup Catalyst Program, marking a record-breaking year with an unprecedented number of applicants. This years cohort includes six innovative companies selected for their cutting-edge solutions in healthcare robotics.

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Jobs in 2023: Luddites 1 – Robots 0

Chris Hohmann

The humble heroes here are the workers, who were told for years that they’ll become redundant as their routine jobs will be taken over by automation, artificial intelligence and … Continue reading Jobs in 2023: Luddites 1 – Robots 0.

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Top 10 robotics stories of December 2024

Robotics Business Review

A series of humanoid robot announcements at the end of the month dominated our top 10 stories in December 2024. Here are the 10 most popular stories on The Robot Report in the past month. Microbot Medical submits LIBERTY surgical robot to FDA for approval Microbot Medical has submitted a 510(k) premarket notification to the U.S.

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Learn about vibration control in manufacturing and robotics

Robotics Business Review

The Robot Report Podcast Vibration Control in Manufacturing & Robotics In Episode 192 of The Robot Report Podcast, co-host Eugene Demaitre interviews Rob Marshick, national sales manager at ITT Enidine Inc. In this episode, he explains the value of these components for robotics designers. billion in revenues in 2024.

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ABB plans to spin off its robotics division

Robotics Business Review

ABB Robotics makes industrial systems such as this IRB robot demonstrating friction stir welding. ABB Group announced during its earnings call today that it plans to spin off its entire robotics division. “Only robotics and discrete automation declined from last year. Source: ABB ABB Robotics is global No.