Remove 2032 Remove Manufacturing Remove Robotics
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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

Move Digital plans to expand from AI and blockchain into robotics. 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. Source: Adobe Stock Move Digital Ltd.,

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Vention launches turnkey sanding robot for wood workers

Robotics Business Review

. | Source: Vention Vention launched its first turnkey robot for sanding. The company said it developed the product due to growing demand for robot workcells for sanding applications, especially in cabinet making. This is a collaborative robot ( cobot ) with advanced safety features for working alongside humans. million in 2023.

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Space robotics market revenue forecast to grow to $7 billion by 2032

Robotics Automation News

The global market for space robotics is forecast to exceed revenues of $7 billion by 2032 with a projected compound annual growth rate of 9 percent over 2023-2032, according to a report by Global Market Insights. The market growth is due to the rapid expansion of the electronic chip manufacturing industry globally.

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Humanoid robots can benefit from high-performance seals, says Freudenberg

Robotics Business Review

The humanoid robot market could experience a boom, with projections indicating a substantial and sustained increase over the next decade. Source: Freudenberg Sealing Technologies Industrial robots have become indispensable in modern manufacturing, performing tasks with precision, speed, and efficiency. billion U.S.

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

Control Engineering

Robotic process automation insights. The demand is increasing for robotic process automation in healthcare, as robotic process automation can mimic human interaction. The demand, according to Future Market Insights, will lead to substantial growth over the next decade, projecting to reach almost $70 billion by 2032.

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CaPow raises $15M to power global expansion of robot charging

Robotics Business Review

CaPow’s Power-in-Motion charging system has a double-boost effect, so when a robot moves over the charging antennas, it both powers the robot and charges its energy source. CaPow said its technology delivers wireless power, enabling mobile robots unique operation without a traditional battery onboard.