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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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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. The Houston-based company plans to use the investment to accelerate development and deployment of its platform, which is engineered for tasks in shipbuilding and manufacturing.

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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. “Our expansion into robotics manufacturing represents a significant milestone for Move Digital,” said Kristof Schffling, CEO of Move Digital.

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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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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. . For more information visit [link] .

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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.

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Global aircraft tire market growth driven by the recovery of the aviation industry

Canadian Manufacturing

billion by 2032 from $2.31 “The increasing demand for aircraft tires and manufacturers’ needs to meet sustainable compliance encourages them to invest in identifying new materials for manufacturing,” said Abhilash Abraham, Aerospace & Defense Research Analyst at Frost & Sullivan.