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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. Robotics veterans founded the startup in 2024. Nic Radford, the CEO, was the founder and former CEO of Nauticus Robotics. . | Source: Persona AI Persona AI Inc.,

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LOXO expands into Germany with self-driving logistics subsidiary

Robotics Business Review

Germany’s strong logistics market, advanced automotive infrastructure, and progressive legislation surrounding autonomous vehicles make it the ideal location for us to further our middle-mile and mobile distribution projects.” billion in 2023 and projected to surpass $504 billion by 2032, has enormous untapped potential,” asserted LOXO.

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Robotics and Automation in 2022 – Can They be a Hedge to Recession?

i4.0 today

Robotics and automation have significantly revolutionized how people work and live across a number of industries. The robotics and automation sector provides solutions to mitigate the issue by reducing operational costs and increasing production efficiency. Collaborative Robots (Cobots) Will be in Their Prime Time Within Ten Years.

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Automation mergers, acquisitions, capital markets analysis: September 2022

Control Engineering

To further the point, the automated material handling systems market is projected to grow to $70 billion by 2032, which is a 2022 – 2032 compounded annual growth rate of 9.4%.(1). Accenture (NYSE: ACN) has agreed to acquire Inspirage, an integrated supply chain specialist firm focused on Oracle technology. Learn more.