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BMW testing Figure 01 humanoid at South Carolina automotive plant

Robotics Business Review

Source: Figure AI The interest in humanoid robots continues to gain steam. This is an impressive milestone for Figure, which was founded in 2022 and exited stealth in early 2023. BMW said its Spartanburg facility is the largest automotive exporter in the U.S., Sunnyvale, Calif.-based and it has assembled more than 6.3

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2023 robot orders down 30% from 2022 in North America, according to A3

Robotics Business Review

Source: A3 After two years of record sales, North American robot orders declined by 30% in 2023, said the latest report from the Association for Advancing Automation, or A3. The organization said it expects the slowdown, particularly in automotive manufacturing, to continue until the second half of 2024.

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8 noteworthy robotics acquisitions of 2023

Robotics Business Review

We covered 25 acquisitions in 2023, which was down significantly from the 50 we covered in 2022. Below are eight robotics acquisitions, in chronological order, that stood out to us in 2023. In late November 2023, the European Commission shared an update on its investigation into the deal. Ocado paid roughly 2.8%

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Remanufacturing in the Automotive Aftermarket Picks Up Pace as the Automotive Industry Increasingly Embraces Circular Economy Models

Frost & Sullivan Manufacturing

Conventional engine, transmission, and affiliated components will represent immediate high-growth opportunities in the automotive aftermarket, while the transition to vehicle electrification will drive investments in electric vehicle (EV) related remanufacturing.

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Remanufacturing in the Automotive Aftermarket Picks Up Pace as the Automotive Industry Increasingly Embraces Circular Economy Models

Frost & Sullivan Manufacturing

By Benson Augustine, Senior Industry Analyst, Aftermarket & Digital Retail – Mobility Rematec, a leading trade show for stakeholders in the automotive remanufacturing ecosystem, was held in Amsterdam in June this year, after a four-year hiatus.

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SFS Extends Market Presence in the Commercial Construction Industry in North America

Fastener News Desk

Media release – July 3, 2023 On July 1, 2023, the SFS Group acquired the part of the business concerning fasteners and other products of Connective Systems & Supply, Inc. About SFS Group SFS is a worldwide leading supplier of precision components and assemblies, mechanical fastening systems, quality tools and logistics solutions.

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Eyeonic Vision System Mini unveiled by SiLC Technologies at CES 2024

Robotics Business Review

Source: SiLC Technologies SiLC Technologies Inc. In November 2023, SiLC raised $25 million to expand production of its Eyeonic Vision System. This creates a strong foundation for our partnership to grow and address multiple markets, including industrial automation and automotive.” Dexterity Inc. The Redwood City, Calif.-based

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