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Hundreds of STEM scholarships awarded to build skills

Manufacturer's Monthly

The partners are combining to deliver more than 500 scholarships over the life of the program, which was recently extended to 2032. The post Hundreds of STEM scholarships awarded to build skills appeared first on Manufacturers' Monthly.

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Robotic process automation market projected to reach $70 billion by 2032

Control Engineering

The demand, according to Future Market Insights, will lead to substantial growth over the next decade, projecting to reach almost $70 billion by 2032. billion by 2032. billion by 2032. The post Robotic process automation market projected to reach $70 billion by 2032 appeared first on Control Engineering.

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Persona AI raises $27M to develop humanoid robots for shipyards

Robotics Business Review

a humanoid robot and embodied artificial intelligence developer, this week said it has closed an oversubscribed pre-seed funding round, raising $27 million. Concept renders showing different jobs for Persona AI’s humanoids. Source: Persona AI Persona AI Inc.,

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Move Digital plans to manufacture robots for the home

Robotics Business Review

a developer of artificial intelligence and blockchain technologies, this week announced its strategic expansion into the field of robotics manufacturing. billion by 2032, projected Benchmark International. Move Digital plans to expand from AI and blockchain into robotics. Source: Adobe Stock Move Digital Ltd.,

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Webinar: Learn about motion control for healthcare robotics applications

Robotics Business Review

The global market for surgical robots is about $18 billion and could grow to $83 billion by 2032, according to Statzon. Robots promise to enhance precision and safety, with 5% to 10% of robot-assisted procedures reportedly resulting in positive patient outcomes. In addition, a Bain & Co. study found that 78% of U.S.

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A roadmap is launched to Advance Queensland innovation

Manufacturer's Monthly

The Queensland government has launched a new $142 million Advance Queensland – Innovation for a Future Economy 2022-2032 roadmap. . Innovation minister Stirling Hinchliffe said Advance Queensland’s investment in entrepreneurship was important for building legacy from the 2032 Games. .

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Industrial cybersecurity market to reach $43 billion by 2032

Control Engineering

during the forecast period ranging from 2022-2032. billion by 2032. The industrial cybersecurity market is anticipated to embark on a positive expansion trajectory, due to the increasing adoption of emerging technologies such as 5G networks, big data, and artificial intelligence (AI) across industries.