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David Edwards

Doosan Robotics acquires 90 per cent stake in US-based integrator ONExia for $26 million

July 29, 2025 by David Edwards

Doosan Robotics is stepping up its transformation into a global intelligent robot solutions provider, advancing a multifaceted growth strategy that includes international acquisitions, expert recruitment, and organizational realignment – all aimed at leading the emerging Physical AI era.

In its latest move, Doosan Robotics’ board of directors approved the acquisition of an 89.59 percent stake in ONExia, a US-based robotics system integrator and automation engineering firm headquartered in Pennsylvania.

The deal, valued at approximately $25.9 million (KRW 35.6 billion), was formalized with a stock purchase agreement (SPA) and participation in a capital increase. [Read more…] about Doosan Robotics acquires 90 per cent stake in US-based integrator ONExia for $26 million

Filed Under: Financials & Investments, News Tagged With: AI in robotics, automation integrators, collaborative robots, doosan robotics, end-of-line automation, intelligent robotics, north america robotics, onexia acquisition, physical ai, robotics m&a

The Effect of Cryptocurrency in Today’s Digital World

July 29, 2025 by David Edwards

Cryptocurrency has fundamentally transformed how we think about money, commerce, and financial systems in the digital age.

What began as an experimental technology has evolved into a significant force that shapes modern economic landscapes, influences consumer behavior, and drives technological innovation across multiple industries. [Read more…] about The Effect of Cryptocurrency in Today’s Digital World

Filed Under: Business Tagged With: bitcoin adoption, bitcoin atm, blockchain innovation, crypto cross-border payments, crypto regulation, cryptocurrency trends, decentralized finance, defi market growth, digital currency, institutional crypto investment

Shock price: Unitree launches $5,900 humanoid robot

July 29, 2025 by David Edwards

Unitree Robotics has launched what may be the most affordable humanoid robot to date – the Unitree R1, priced at just $5,900 – dramatically undercutting rivals and aiming directly at the consumer mass market. (See video below.)

The 25-kilogram robot combines dynamic movement capabilities with a built-in Large Multimodal AI Model for both voice and image interaction.

With 26 degrees of freedom across its legs, waist, arms, and head, the R1 is designed for adaptability in real-world environments, functioning as a customizable intelligent companion. [Read more…] about Shock price: Unitree launches $5,900 humanoid robot

Filed Under: Humanoids, News Tagged With: agility digit, cheap humanoid robot, companion robots, eliza robot, figure ai, humanoid robot, mass market robotics, robot pricing comparison, Tesla Optimus, unitree r1

HomeBase USA pilots Simbe’s shelf-scanning robot at two stores

July 29, 2025 by David Edwards

HomeBase USA, one of America’s largest home improvement retailers, has introduced Simbe Robotics’s Store Intelligence platform – powered by the world’s first autonomous shelf-scanning robot, Tally – to two locations in Copperas Cove, Texas and Laramie, Wyoming.

The Laramie store introduction marks the first Tally deployment in Wyoming.

Stores like HomeBase have expansive footprints and tens of thousands of SKUs across lumber, building supply, hardware, farm, ranch, and lawn and garden categories. [Read more…] about HomeBase USA pilots Simbe’s shelf-scanning robot at two stores

Filed Under: News, Retail Tagged With: Autonomous robots, home improvement stores, homebase usa, inventory management, retail automation, retail technology, shelf scanning robot, simbe robotics, store operations, tally robot

JPMorgan report: Robotics and automation surge as investors back ‘science made real’

July 29, 2025 by David Edwards

The robotics and automation sector is experiencing a dramatic rise in investor interest, as the industry matures from theoretical science to real-world application, according to JPMorgan’s newly released Applied Tech report.

JPMorgan, the world’s largest bank, defines “Applied Technology” as the sector that bridges scientific discovery and engineering innovation – essentially translating lab-born concepts into real-world tools.

Robotics, artificial intelligence (AI), and automation form a core part of this applied frontier, where the theoretical is rapidly becoming practical. [Read more…] about JPMorgan report: Robotics and automation surge as investors back ‘science made real’

Filed Under: Features, Research Tagged With: AI in robotics, applied technology, automation trends, humanoid robots, industrial automation, jp morgan tech report, real world ai applications, robotics investment, robotics m&a, venture capital robotics

Robo taxi market predicted to grow from $1.8 billion in 2024 to $500 billion by 2034

July 29, 2025 by David Edwards

You call a taxi, and instead of a driver, a car shows up to take you wherever you need to go. It’s smooth and convenient, and you never have to worry about parking.

Welcome to the world of robo taxis. These driverless cars are no longer just a sci-fi idea; they’re becoming part of our everyday lives.

As cities become smarter and technology improves, robo taxis are changing the way we travel, offering a faster and more efficient way to get from one place to another. [Read more…] about Robo taxi market predicted to grow from $1.8 billion in 2024 to $500 billion by 2034

Filed Under: Autonomous Vehicles, Features Tagged With: ai transportation, autonomous vehicles, driverless cars, electric vehicles, ride-hailing, robo taxi market, robo-taxi, self-driving technology, smart cities, urban mobility

Global space economy hits record $613 billion in 2024, says Space Foundation

July 29, 2025 by David Edwards

Space Foundation, a nonprofit organization founded in 1983 to advance the global space community, has released The Space Report 2025 Q2, revealing the global space economy reached an unprecedented $613 billion in 2024 – reflecting strong 7.8 percent year-over-year growth.

The milestone underscores the vital role space plays in driving economic growth, ensuring national security, and enhancing public safety.

The report found the commercial sector accounted for 78 percent of the global space economy, with government budgets contributing the remaining 22 percent. [Read more…] about Global space economy hits record $613 billion in 2024, says Space Foundation

Filed Under: News, Space Tagged With: commercial space, golden dome, kuiper, military space programs, oneweb, satellite broadband, space economy, space foundation, space launches, starlink

Drees & Sommer designs advanced semiconductor R&D facility for imec in Spain

July 28, 2025 by David Edwards

Drees & Sommer, a global consulting, design, and project management company specializing in real estate, infrastructure, and industry, has been selected as the specialist design partner for the advanced semiconductor R&D facility and the associated utility buildings for imec in Málaga, Spain.

The project is being developed with the initiative and support of the Government of Spain and led by Spanish state-owned engineering firm Ineco.

The facility in Málaga will mark a milestone to position Spain as an international semiconductor player, reinforcing the EU’s steps to achieve sovereignty in this industry. [Read more…] about Drees & Sommer designs advanced semiconductor R&D facility for imec in Spain

Filed Under: Design, News Tagged With: advanced chip research, cleanroom design, drees & sommer, eu chip sovereignty, european semiconductor industry, imec spain, malaga techpark, semiconductor facility spain, semiconductor r&d facility, sustainable infrastructure

AtkinsRéalis and Kinova extend strategic partnership in nuclear robotics

July 28, 2025 by David Edwards

AtkinsRéalis, an engineering services and nuclear company, and Canadian robotic developer Kinova have agreed an extension of their global strategic partnership for a further three years.

This renewed collaboration will help advance the integration of cutting-edge robotic technology in the nuclear sector globally, building on the successful deployment of Kinova’s robotic arm within the patented AtkinsRéalis Remote Glovebox Operation (ARGO) system in the United Kingdom, with demonstration units also operating at the AtkinsRéalis Technology Center (ATC) in Richland, US, and in Montreal, Canada.

The ARGO system was recently used in a world-first deployment at the Sellafield site in the UK, retrofitting a nuclear glovebox with a robotic arm in a successful demonstrator project that proves viability to use at scale across nuclear decommissioning sites. [Read more…] about AtkinsRéalis and Kinova extend strategic partnership in nuclear robotics

Filed Under: Infrastructure, News Tagged With: atkinsréalis argo, atkinsréalis kinova partnership, hazardous material robotics, industrial robotics, kinova gen3, nuclear automation, nuclear decommissioning, nuclear robotics, remote handling systems, robotic glovebox

Opinion: Edge AI is driving the next wave of robotic innovation

July 28, 2025 by David Edwards

By Paul Williamson, SVP and GM IoT line of business at Arm

The robotics revolution is accelerating. What began as rigid, programmed machines confined to factory floors, is evolving into more adaptive, intelligent systems now being piloted across a growing range of sectors.

The catalyst for this transformation isn’t just better hardware or more sophisticated software alone, but the convergence of multiple breakthrough technologies, with edge AI leading the charge. [Read more…] about Opinion: Edge AI is driving the next wave of robotic innovation

Filed Under: Features, Industry Tagged With: ai at the edge, arm iot, autonomous systems, collaborative robots, edge ai, humanoid robots, intelligent robots, real-time robotics, robotics innovation, warehouse automation

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