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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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2025 RBR50 Robotics Innovation Awards open for nominations

Robotics Business Review

The Robot Report is seeking nominations for its 2025 RBR50 Robotics Innovation Awards. The RBR50 has recognized the most innovative and influential organizations in robotics for the past dozen years. Here are the winners from 2024 , 2023 , 2022 , and 2021. The deadline for submissions is Friday, December 20, 2024.

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DHL buying 1,000+ Stretch robots from Boston Dynamics

Robotics Business Review

Through a Memorandum of Understanding (MOU), DHL plans to deploy 1,000+ additional Stretch robots from Boston Dynamics by 2030. DHL first deployed Stretch in North America in 2023. The logistics giant has also deployed the robot in the United Kingdom and Europe, achieving unloading rates of up to 700 cases per hour. .

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From surge to sobriety: the state of robotics investment in 2024

Robotics Business Review

1X’s Eve robot. Over the last several years, the investment environment has been tough for robotics startups. Capital deployment has fallen and companies have closed as the general downturn in tech investment that started in 2022 hit the resource-intensive robotics particularly hard. Where is the money going?

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MassRobotics discusses university Form and Function Challenge and partnerships

Robotics Business Review

Tufts Nano Lab won the 2023 Form and Function Challenge with its Ingestible Pill for Multi-Spot Gut Sampling. Source: MassRobotics There are plenty of robotics challenges, but many are narrowly focused on a specific task or application, according to MassRobotics. We want to allow creativity and ingenuity to shine.”

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Accelerate Program of Pittsburgh Robotics Factory opens applications for its third cohort

Robotics Business Review

For the Accelerate Program, the Robotics Factory will invest up to $100,000 in the form of a convertible note in addition to receiving 2% common stock equity from participating companies. Source: Robotics Factory The Robotics Factory has opened the application window for its Accelerate program.

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Humanoid robots can benefit from high-performance seals, says Freudenberg

Robotics Business Review

The humanoid robot market could experience a boom, with projections indicating a substantial and sustained increase over the next decade. Source: Freudenberg Sealing Technologies Industrial robots have become indispensable in modern manufacturing, performing tasks with precision, speed, and efficiency. billion U.S.