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Honeywell to spin out automation, aerospace businesses

Robotics Business Review

Source: Honeywell Honeywell International Inc. announced today that it plans to spin out its automation and aerospace businesses. ” Honeywell outlined several potential benefits of separating its automation, aerospace, and advanced materials businesses.

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Genesys Industries Acquires F3 Aerospace, An Advanced Aerospace Products Manufacturer

Fastener News Desk

Oct 25, 2024 Genesys Industries Acquires F3 Aerospace, An Advanced Aerospace Products Manufacturer. Decatur, IL / USWIRE / October 25, 2024 / Genesys Industries announced today that the company has acquired 100% of F3 Aerospace (F3). It fits well with our aftermarket-focused value generation strategy.

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Robotics investments top $3.7B in September

Robotics Business Review

Fifty-four producers of robots and robotics enabling technologies raised funding in September 2024, pulling in a total of $3.7 This is the highest monthly funding amount for 2024. September’s investment exceeded June 2024’s total – the previous monthly leader – by over $1 billion and was more than 2.5

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Standard Bots launches 30kg robot arm and U.S. production facility

Robotics Business Review

Source: Standard Bots Standard Bots yesterday unveiled a new robot and announced that it has expanded its production facility in Glen Cove, N.Y. The IFR’s latest numbers show that total installations of industrial robots in the automotive industry increased by 10.7%, reaching 13,700 units in 2024. While the U.S.

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GE Aerospace Commits $1 Billion to Its MRO Network

Fastener News Desk

GE Aerospace Commits $1 Billion to Its MRO Network to Support Unprecedented Aftermarket Ramp-Up August 20, 2024 | by Jay Stowe It’s been a pretty good year for airline travel so far. What’s more, IATA estimates that the world will set a new record for the total number of air travelers in 2024 (4.96

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RoboForce raises $10M to deploy mobile manipulators

Robotics Business Review

Source: RoboForce RoboForce on Monday emerged from stealth with $10 million in early-stage funding. from 2024 to 2030. In November 2024, Collaborative Robotics, a startup founded by Amazon’s Brad Porter, unveiled its Proxie mobile manipulator publicly for the first time. million in 2023. It will grow at a CAGR of 23.9%

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Watch Out adds autonomy to CNC cells for precise production

Robotics Business Review

Source: Watch Out Manufacturers face widespread shortages of skilled labor, but more intelligent automation could alleviate the problem, according to Watch Out. Watch Out offers machining cells that use patented sensors and machine learning for precision manufacturing in aerospace and defense, automotive, medical, and other industries.