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Credit: Universal Robots Universal Robots A/S is looking to significantly expand its presence in China, the world’s largest market for industrial robots. To meet increasing Chinese demand, Universal Robots ( UR ) has established manufacturing capabilities in Nantong, China. while the UR12e has a 12.5kg (27.5
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.
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
Europe is a major center of robotics development and use, according to Humanoid. and Asian companies in the humanoid robotics race, a silent revolution is brewing in the tech hubs of Europe, where cutting-edge startups are making remarkable strides in developing human-like robots. In the realm of autonomous vehicle , the U.K.-based
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.
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.
In this insight, we will discuss two new growth areas identified from our research and conversations with manufacturers: smart conveyance technology and robots with machine-integrated control.” Planar technology is still in its trial period, generating sales of nearly $20 million in 2023.
A FANUC robot working in car manufacturing. FANUC is a Japanese world leader in robotics and factory automation. Source: FANUC America The latest numbers of the International Federation of Robotics (IFR’s) show automakers in the U.S. automotive sales dropped 15% in 2024 compared to 2023.
The Robot Report Podcast Safety and Efficiency in Robotics Design In Episode 195 of The Robot Report Podcast, our guest isGiovanni Campanella, the Industrial Automation and Robotics General Manager at Texas Instruments (TI). Parness explained the importance of touch and force sensing to the future of robotics at Amazon.
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.
ABB has announced that construction is starting on the expansion of its existing North American robotics headquarters and manufacturing facility in Auburn Hills, Mich. The project is expected to be completed in November 2023 and represents an investment of $20 million. appeared first on Design World.
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.
Source: Universal Field Robotics Sandvik AB today said it has acquired Universal Field Robots, or UFR, a developer of autonomous systems for the surface and underground mining markets. Stockholm, Sweden-based Sandvik provides technologies for the mining , manufacturing, and infrastructure industries. billion U.S.).
Robot density in the manufacturing industry in 2023, according to the IFR. Source: IFR Factories worldwide are continuing to adopt more robots, according to the International Federation of Robotics, or IFR. The Frankfurt, Germany-based IFR noted the growth in its “World Robotics 2024″ report.
Dietmar Ley, CEO of Basler AG, was named the new chairman of VDMA Robotics + Automation. Dr. Dietmar Ley, CEO of Basler AG in Ahrensburg, Germany, has been elected as the new chairman of the VDMA Robotics + Automation Association. Germany’s robot density has grown by 5% CAGR since 2018. Apply to speak.
Robotics investment for April 2023 amounted to $1.63B, the result of 47 funding rounds. Total robotics investment for 2023 equals approximately $3.3B. The post April 2023Robotics Investments Total $1.63 Billion appeared first on Robotics Business Review.
The company said its robot can fulfill labor shortages in harsh outdoor conditions, complete hazardous tasks, and increase project efficiency and cost savings. It said the robot is capable of 1 mm-level accuracy in performing fine motor skills like picking, placing, pressing, twisting, and connecting. million in 2023.
manufacturers have increasingly adopted automation, says the IFR. Total installations of industrial robots rose by 12% and reached 44,303 units in 2023, as U.S. manufacturers invested heavily in more automation, reported the International Federation of Robotics, or IFR, today. manufacturing in 2023.”
The industrial robot market is expected to grow by ~3.7% Source: Interact Analysis Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. The global market research firm says the industry is starting to bounce back from a 2023 low point. per year between 2024 and 2028.
CES 2025 didn’t disappoint, with robots of all shapes and sizes designed for various applications. Credit: The Robot Report The annual Consumer Electronics Show brings together the latest in technology product announcements. Last week, Las Vegas was once again full of robotics and AI-based systems.
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. This is never a fun recap to write.
2023 has been full of exciting innovations within the robotics industry. We’ve seen the rise of new technologies, and robotics developers have pushed the boundaries of what robots can do. At the same time, there has been a dip in robotics funding across the board, and some sectors have struggled to gain public trust.
Robotics investments reached about $418 million in November 2023 as a result of 40 funding rounds. November’s $418 million was the lowest monthly funding amount through the first 11 months of 2023. With the November investments, robotics funding for the first 11 months of 2023 totals approximately $12.1
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%
August 2023robotics funding equaled $851 million, the result of 48 investments. Total 2023 funding for the months of January through August comes to approximately $8.85 The post August 2023Robotics Investment Totals $851 Million appeared first on 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.
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.
Shanghai-based Fourier Intelligence provides one example of humanoid robot development in China. Source: IFR While other countries debate the best mix of public policy, academic research, and private investment to advance their economies, the People’s Republic of China is focusing on robotics. Click here to enlarge.
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.
Source: Adobe Stock Interact Analysis reduced its forecast for the global mobile robot market by 18% in 2027 due to a series of macroeconomic factors it said are impacting demand. In Interact Analysis’ most bullish prediction scenario, mobile robot shipments could reach nearly two million by 2030.
The Robot Report Podcast Safety and Efficiency in Robotics Design In Episode 195 of The Robot Report Podcast, our guest is Giovanni Campanella, the industrial automation and robotics general manager at Texas Instruments. He explained the importance of touch and force sensing to the future of robotics at Amazon.
Organization: Gardarika Tres Country: Ukraine Website: [link] Year Founded: 2014 Number of Employees: 11-20 Innovation Class: Application & Market Ukraine-based Gardarika Tres LLC is a manufacturer and distributor of agricultural equipment that focuses on precision farming systems and was founded in 2014. million sq. Apply to speak.
Iggy Rob is a humanoid robot intended to cost less than $54,000 U.S. Source: igus As market analysts predict that up to 20 million humanoid robots could be deployed in industrial settings by 2030, igus GmbH last week unveiled its first humanoid, Iggy Rob. Advanced features enable versatile use Standing about 1.7
. | Source: Vention Vention launched its first turnkey robot for sanding. The company said it developed the product due to growing demand for robot workcells for sanding applications, especially in cabinet making. This is a collaborative robot ( cobot ) with advanced safety features for working alongside humans. million in 2023.
47 robotics investments in the month of March accounted for a total of $526M. The post March 2023Robotics Investments Total $620 Million appeared first on Robotics Business Review.
North American automakers pulled back in robot orders last year. 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. Learn from Agility Robotics, Amazon, Disney, Teradyne and many more.
Interact Analysis here discusses two new growth areas it has identified from its research and conversations with manufacturers: smart conveyance technology and robots with machine-integrated control. Planar technology is still in its trial period, generating sales of nearly $20 million in 2023.
Schaeffler is exhibiting an array of advanced innovations for the industrial automation and robotics industries under the theme “Driving Smart Manufacturing at Every Axis” at the Automate 2023 trade show, which takes place through May 25 in Detroit’s Huntington Place Convention Center.
Source: AgiBot Robot training, especially for emerging humanoids for diverse environments or applications, requires a lot of high-quality data. AgiBot today announced AgiBot World, a large-scale robotic learning dataset. The developer of humanoid robot technology said it designed the dataset to advance multipurpose robotic policies.
Ozmo, Skyline Robotics’ flagship robot, uses force sensors to calculate how much pressure it can use when cleaning windows. Source: Skyline Robotics Alimak Group and Skyline Robotics are creating an automated building maintenance unit (BMU). Register today to save 40% on conference passes!
The Robot Report Podcast · The inside scoop on food manufacturing with Chef Robotics In Episode 152 of The Robot Report Podcast, editors Steve Crowe and Mike Oitzman discuss the news of the week. Our featured guest on the show this week is Rajat Bhageria, founder and CEO of Chef Robotics.
The September/October 2023 digital edition of Manufacturing AUTOMATION is now available. Also in this issue, you’ll find: Behind the scenes: Robot integration Navigating challenges when implementing robots to achieve desired results. Access the September/October 2023 issue of Manufacturing AUTOMATION now.
A recent Association for Advancing Automation (A3) report finds that robot sales in North American declined by 30 percent in 2023 after record orders in the two previous years. Companies purchased 31,159 robots in 2023, compared to 44,196 ordered in 2022 and 39,708 in 2021.
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