Robotics Business Review

JANUARY 3, 2024

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

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Robotics Business Review

DECEMBER 28, 2023

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.

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Robotics Business Review

DECEMBER 26, 2023

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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Robotics Automation News

FEBRUARY 12, 2024

After record orders in both 2021 and 2022, robot sales in North American declined by 30 percent in 2023, according to the latest report from the Association for Advancing Automation (A3). Companies purchased 31,159 robots in 2023, compared to 44,196 ordered in 2022 and 39,708 in 2021.

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Automation Mag

FEBRUARY 12, 2024

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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Robotics Business Review

MAY 29, 2023

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 2023 Robotics Investments Total $1.63 Billion appeared first on Robotics Business Review.

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Robotics Business Review

SEPTEMBER 29, 2023

August 2023 robotics 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 2023 Robotics Investment Totals $851 Million appeared first on Robotics Business Review.

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Design World

AUGUST 22, 2023

Mitsubishi Electric Automation will be in attendance in booth #N-10011 at PACK EXPO 2023 demonstrating automation solutions for consumer-packaged goods and life sciences customers and OEMs. Collision avoidance and… The post Mitsubishi debuting new 3D Bin Picking Multi-Robot Demo at PACK EXPO 2023 appeared first on Design World.

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Design World

OCTOBER 20, 2023

2-2023 focuses on mobile robot systems integration. As the use of mobile robots continues to surge in industrial settings, the Association for Advancing Automation (A3) has unveiled the second installment of its flagship safety standard for industrial mobile robots. The new ANSI/A3 R15.08-2-2023

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Chris Hohmann

JANUARY 16, 2023

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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Robotics Business Review

JUNE 30, 2023

Robotics investment for May 2023 amounted to $686 million, the result of 61 funding rounds. Total robotics investment for January 2023 through May 2023 equals approximately $4 billion. The post May 2023 Robotics Investments Total $686 Million appeared first on Robotics Business Review.

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Robotics Business Review

APRIL 9, 2024

2023 was the year that humanoid robots took big strides onto the public stage, and Agility Robotics pulled ahead in that race with Digit, which is our first-ever RBR50 Robot of the Year. based Agility Robotics said the demo was based on a real customer use case. At the time, Corvallis, Ore.-based Digit is 5 ft.,

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Robotics Business Review

MARCH 28, 2023

36 robotics investments accounted for US $620M, with funding for firms providing drone enabled data and analytics services particularly strong. The post February 2023 Robotics Investments Total $620 Million appeared first on Robotics Business Review.

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Robotics Business Review

FEBRUARY 12, 2024

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.

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Robotics Business Review

MAY 1, 2023

47 robotics investments in the month of March accounted for a total of $526M. The post March 2023 Robotics Investments Total $620 Million appeared first on Robotics Business Review.

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Robotics Business Review

AUGUST 31, 2023

Robotics investment for July 2023 reached $1.9 As of the end of July, total 2023 funding comes to approximately $8 billion. The post July 2023 Robotics Investments Approaches the $2 Billion Mark appeared first on Robotics Business Review. billion, coming from 48 funding rounds.

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Robotics Business Review

FEBRUARY 28, 2023

Robotics investments for the month of January 2023 totaled US $521M, the result of 41 investments. Firms providing robotics solutions for autonomous ground transportation such as sensors, autonomy 'stacks' and 'drivers', and autonomous platforms, was particularly strong.

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Robotics Business Review

OCTOBER 31, 2023

September 2023 robotics funding totaled $1.84 Total funding for the months of January 2023 through September 2023 equals approximately $10.7 The post September 2023 Robotics Investments Total $1.84 Billion appeared first on Robotics Business Review. billion, the result of 50 investments.

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Design World

MARCH 17, 2023

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.

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Robotics Business Review

JULY 31, 2023

Robotics investment for June 2023 equaled $2.1 Total robotics investment for January 2023 through June 2023 equals approximately $6.1 The post June 2023 Robotics Investments Total $2.1 Billion appeared first on Robotics Business Review. billion, the result of 50 funding rounds.

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Modern Materials Handling

MARCH 16, 2023

Sure, you’ll see hordes of robots at ProMat 2023, but what are they doing for operations in terms of high-value applications, and how do they integrate to help material flow? To find out, we asked a few exhibitors about the top warehouse robotic apps and trends.

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Automation Mag

JANUARY 13, 2023

Universal Robots (UR) recently shared its predictions on automation trends for 2023 that would impact manufacturers going forward. In a press statement released by the company, it noted that turnkey robotic solutions, complete with all hardware, software, sensors and interfaces, will be powerful automation drivers in 2023. “In

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Control Engineering

MARCH 12, 2023

Robot insights The International Federation of Robotics highlights several trends on the robotics industry and where the future lies. Robots continue to grow in manufacturing and non-manufacturing operations. The International Federation of Robotics (IFR) highlights five trends for the robot industry for 2023.

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Robotics Business Review

MAY 15, 2024

Digit at the 2024 Robotics Summit & Expo. Credit: Eugene Demaitre Agility Robotics today announced changes to its executive team as it productizes and commercializes its Digit humanoid robot. Agility Robotics also said that Melonee Wise is moving from chief technology officer to the role of chief product officer (CPO).

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Robotics Business Review

NOVEMBER 30, 2023

Robotics funding for the month of October 2023 equaled approximately $980 million, the result of 68 rounds. The October investments bring the 2023 robotics funding totals to $11.7 The post Robotics Investment for October 2023 Totals $980 Million appeared first on Robotics Business Review.

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Robotics Automation News

DECEMBER 27, 2022

Robotics is now gaining popularity more quickly than anything else. Robotics is a vast topic that examines how machines function in various businesses. Because robots are useful practically anywhere, they are gaining popularity. Robotics’ design and programming, nevertheless, adapt to different […].

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Automation Mag

MAY 30, 2023

Roberta Nelson Shea, Universal Robot’s global technical compliance officer was recognized with the Engelberger Award for applications at a special awards ceremony at the 2023 Automate Show in Detroit. Roberta reportedly won the award for her outstanding work related to robotics safety across the world. “I

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Robotics Business Review

DECEMBER 12, 2022

The deadline for submissions is January 10th, 2023. The post Nominations Open for the 2023 RBR50 Robotics Innovation Awards appeared first on Robotics Business Review. Categories include 1) Business and Management Innovation, 2) Technology, Services, and Research Innovation, or 3) Application and Market Innovation.

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Robotics Business Review

MARCH 19, 2024

Teradyne’s Robotics Group is one of the world’s leading providers of collaborative robot arms and autonomous mobile robots. In 2023, the group generated $375 million in revenue from Universal Robots (UR) and Mobile Industrial Robots (MiR). This will be the largest Robotics Summit ever.

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Robotics Business Review

APRIL 21, 2023

In this episode, co-hosts Steve Crowe and Mike Oitzman review some of their favorite 2023 RBR50 Innovation Award honorees. The post Podcast: Inside the 2023 RBR50 Robotics Innovation Awards appeared first on Robotics Business Review.

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Robotics Business Review

MAY 7, 2024

ABB Robotics is already expanding its lineup of modular industrial robot arms. These new robots join ABB’s recently launched IRB 5710-IRB 5720 and IRB 6710-IRB 6740 modular robots. Altogether, ABB said it modular robot lineup offers 46 different variants that can handle payloads between 70kg-620kg.

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Gary Mintchell

JANUARY 22, 2024

I’m not in love with predictions and I realize January is about gone, but here are some thoughts I picked up from Anders Billesø Beck, VP of Innovation and Strategy at Universal Robots. 2023 was an exciting year for innovation. I look forward to seeing the benefits of machine learning reach more manufacturers in 2024.

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Robotics Business Review

JANUARY 6, 2024

Versius surgical robotics systems. this week announced that it closed 2023 with a record number of Versius surgical robot installations in one quarter. based company reported more than 17,000 procedures completed with the surgical robot during the year for growth of more than 60%. Source: CMR Surgical CMR Surgical Ltd.

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Design World

MAY 18, 2023

Industry-leading automation solution provider Omron Automation Americas will offer an integrated, intelligent, and interactive experience at Automate 2023. The automation tradeshow and conference will take place from May 22-25th, 2023 at Huntington Place in Detroit, MI.

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Robotics Business Review

MARCH 1, 2024

2024 is heating up for the robotics industry. It was an exciting month for the industry, and there was no shortage of robotics new to cover. Here are the top 10 most popular stories on The Robot Report in February 2024. Scythe robot lawnmowers adopting ‘Tesla charging standard’ Colo.-based 52 robot lawnmower.

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Robotics Business Review

MARCH 2, 2024

Boston Dynamics’ Spot robot (center) and Agility Robotics’ Digit humanoid at the 2023 Robotics Summit & Expo. Behavior trees are a mechanism for representing and abstracting complex behavior for robots. The Robotics Summit & Expo will feature more than 60 speakers and over 40 technical sessions.

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Robotics Business Review

MARCH 3, 2024

SMC recently introduced a series of electric grippers designed to be used with collaborative robot arms (cobots) from Universal Robots (UR). SMC will be exhibiting in booth 301 at the Robotics Summit & Expo , which takes place May 1-2 in Boston. The Denmark-based company generated $304 million in revenue in 2023.

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