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August 2023 robotics funding equaled $851 million, the result of 48 investments. Total 2023 funding for the months of January through August comes to approximately $8.85 billion. The post August 2023 Robotics Investment Totals $851 Million appeared first on Robotics Business Review.
Germany-based autonomous trucking innovator Fernride has closed a further $19 million in its Series A funding, pushing the total round amount to $50 million. This comes as the company strengthens its focus on advancing the transition towards automated and sustainable logistics by creating the world’s leading human-machine collaboration technology.
Dear Evil Engineer, After several years working for a reusable rocket start-up in the US, I feel ready to take a risk and start my own business. I am interested in stylish, sustainable alternatives to rocket launches – something to set my offering apart from all of those the other private space companies jostling for contracts. My big idea is to revive and reimagine an iconic bit of engineering history: the trebuchet.
Boxbot, the vertical automation solution that sorts and stores packages for last-mile carriers, says it has raised $12 million in its Series A funding round, led by Playground Global. Maersk Growth (the venture arm of A.P.
The world of manufacturing is evolving—and so must the factories that drive it. This eBook reveals five transformative strategies that can help manufacturers gain a lasting competitive edge. Through insights from aerospace leaders, energy innovators, and the factories of tomorrow, we show how manufacturers are moving beyond traditional approaches. From building smarter, adaptable systems to embracing iterative design and fostering resilient cultures, these strategies are shaping the future of pr
The global market for autonomous yard trucks market is forecast to grow at more than 50 percent a year. This is according to a report by technology intelligence firm ABI Research. The installed base of artificial intelligence-enabled cameras in the yard will reach 11.
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The global market for autonomous yard trucks market is forecast to grow at more than 50 percent a year. This is according to a report by technology intelligence firm ABI Research. The installed base of artificial intelligence-enabled cameras in the yard will reach 11.
MaRS Discovery District has partnered again with Innovate UK’s Global Incubator Programme to launch the third cohort for advanced manufacturing startups. Seven promising companies from the UK will participate in the program at MaRS’ innovation hub in Toronto to scale in North America and find new partnerships and customers from around the world.
Vicarious Surgical, a developer of surgical robotics, has signed a strategic development agreement with Intermountain Health, a leading US healthcare system.
As social creatures, we humans rely heavily on our vision to take in and appreciate the world around us. Protecting our eyesight while expressing personal flair through fashionable eyewear is crucial to maintaining our quality of life.
As automation continues to evolve, the demand for smarter, more integrated solutions will only grow. The Accuride FULLELECTRIC® is a new approach to powered linear motion that represents the next evolution in system design. By integrating compact electric actuators directly into Accuride's industry leading drawer slides, this approach addresses the pain points of traditional systems while delivering reliable performance.
Collar and flat surfaces generated from the Formdrill-USA thermal drilling process. If you are using weld nuts or inserts to create threads in thin-walled materials in metal manufacturing processes, there is a strong, high-quality connection alternative tool that many fabricators in the United States are not familiar with — even though it has been around for decades.
Badger Technologies, a product division of Jabil and provider of robots for retail automation, has teamed up with Stop & Shop, an Ahold Delhaize USA company, to expand its use of Marty the Robot at more than 300 Stop & Shop stores throughout the Northeast.
Aura the Robot, claimed by its makers to be “the world’s most advanced humanoid robot”, will permanently reside in the grand atrium of Sphere in Las Vegas. The announcement was made by the feminoid Aura herself.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
Swedish manufacturer Northvolt has announced it will build a $7-billion gigafactory for electric vehicle batteries near Montreal that it claims will represent the largest private investment in Quebec’s history. On hand at the unveiling in Montreal on Thursday, Prime Minister Justin Trudeau said the project will help build the economy of the future. “This is a historic and transformative announcement,” the prime minister told an audience that included Northvolt executives and po
Industrial power and automation giant ABB is planning to invest $280 million to expand its manufacturing footprint in Europe and build a stunning new state-of-the-art facility in Västerås, Sweden – the ABB Robotics European Campus.
With less than 100 days to go, manufacturers finally have clarity on what they are required to sell next year and up to 2030, with government yesterday setting out the percentage of new zero emission vehicles manufacturers will be required to sell. The industry is investing billions in decarbonisation and recognises the importance of this mechanism as the single most important measure to deliver net zero.
There are many aspects that stay unknown and hidden when you are just starting a new software project. You can’t know whether the final product will be embraced by users and function as intended. This is where MVPs can make the whole difference.
Your Industrial IoT software is never ready to scale unless your platform can handle multiple assets at enterprise-level, deploy on any cloud, and provide a modern tech stack for rapid application development with complete IP Ownership, all while reducing cloud operations costs by 90% per connected device. In the technical paper developed with the product team behind Flex83, find how you can build & own your custom IoT platform on the Flex83 Middleware that: Is Scale-ready for 65M+ Connected Ass
When I look at the evolution of network security and how IT and security practitioners have protected the network for the last 30 years, I can’t help but notice how traditional network security e… Read more on Cisco Blogs
Toyota Research Institute (TRI) says it has achieved a “breakthrough generative AI approach” based on Diffusion Policy to quickly and confidently teach robots new, dexterous skills.
Unifor has set a deadline for its contract talks with General Motors for 11:59 p.m. on Oct. 9. Negotiations between the union and the U.S. automaker resumed this week after workers at Ford Motor Co. of Canada voted to approve a new contract. The GM talks cover about 4,300 workers at the automaker’s St. Catharines Powertrain Plant, the Oshawa Assembly Complex and the Woodstock Parts Distribution Centre.
Agility Robotics, creator of the bipedal humanoid robot Digit, says it is planning to open what it calls “RoboFab”, the company’s robot manufacturing facility in Salem, Oregon with the capability to produce more than 10,000 robots per year.
Manufacturing today requires both agility and precision. Traditional ERP systems provide enterprise-wide management but lack real-time execution power needed on the shop floor. ION Factory OS by First Resonance bridges this gap, combining the strengths of ERP and MES for seamless integration. While ERP handles long-term strategic oversight, ION Factory OS delivers real-time production control, ensuring speed, flexibility, and precision.
Dear Valued Clients, We are delighted to extend a cordial invitation to you for a significant event in our industry: the Nigeria Hydrocarbon Measurement Conference (NiHMEC) 2023. GIL Automations is excited to announce its participation as an exhibitor at this prestigious gathering. Event Details: Booth Stand: A3 Date: 4th – 5th October, 2023 Venue: Victoria Crown Plaza Hotel (VCP), Victoria Island, Lagos This event promises to be a remarkable opportunity for networking, exploring innovative solu
Scotchman Industries and Steelmax Tools, two providers of steel fabrication equipment, have joined forces to form the SMX Industrial Solutions group of companies.
Effective shop floor production planning and execution can be challenging. Despite technological advancements and methodologies, many manufacturing production managers still encounter issues that result in late orders, cash flow difficulties, and dissatisfied customers. These challenges can disrupt operations, reduce efficiency, and impact overall profitability.
Weldcote, a division of Zika Group, offers 10 new series of carbide burs, each designed for different applications including deburring, contouring, and surface milling.
San Antonio, TX — 1st Oct, 2023 — Frost & Sullivan recently researched the Cambodian mobile services industry and, based on its findings, recognizes Cellcard with the 2023 Cambodian Product Leadership Award. Cellcard is Cambodia’s longest-serving and the only fully Cambodian-owned operator with a long history of first-to-market innovations, outstanding customer service, and the fastest mobile network.
Bystronic’s ByTube Star 130 laser cutting system offers 4-kW laser power for fast, precise cutting of metal tube in sizes from 10 to 130 mm and raw material lengths of up to 8.5 m.
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