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Autonomous vehicles ranked among top 10 innovations attracting investment

August 27, 2021 by David Edwards

The convergence of automotive and technology industries is accelerating the pace of innovation in the mobility and transportation sectors, leading to a surge in patent grants relevant to autonomous vehicles while also attracting venture capital investors’ interest in the area.

GlobalData, a leading data and analytics company, has ranked autonomous vehicles among the top 10 innovation-led technologies.

GlobalData’s Technology Innovation Intensity framework is a proprietary data-driven model that incorporates key innovation drivers from alternative datasets such as patents and deals to track a technology’s pace of innovation as well as its lifecycle stage. [Read more…] about Autonomous vehicles ranked among top 10 innovations attracting investment

Filed Under: Autonomous Vehicles, Features Tagged With: autonomous, company, driving, funding, globaldata, grants, innovation, jain, leading, mobility, patent, patents, safety, stage, startup, startups, superpedestrian, surge, technologies, technology, three, unicorn, vehicles, years

Landscaping robot company Electric Sheep Robotics officially launches

August 26, 2021 by David Edwards

Robotic lawnmower startup Electric Sheep Robotics has now officially launched as “an autonomy partner to the landscaping industry”.

The company is tackling the industry’s single most pressing challenge, a decades-long shortage of reliable labor. This has often resulted in businesses that are unable to grow beyond a certain size even if the demand is present.

Over 50 percent of landscape maintenance involves lawn mowing, a tedious and repetitive process made physically grueling by exposure to harsh weather. This exacerbates the industry’s labor shortages, low growth and shrinking margins. [Read more…] about Landscaping robot company Electric Sheep Robotics officially launches

Filed Under: Industry, News Tagged With: autonomy, company, dexter, electric, existing, industry, labor, landscaping, lawn, mowers, robot, robotics, robots, sheep, technology, today

Quest Industrial launches new version of its Box Bot

August 26, 2021 by David Edwards

Quest Industrial has launched a new version of its palletizing robot, Box Bot.

The company says it is bringing robotic palletizing to more customers and markets with the launch of its new standardized Box Bot, the QB300 series, which is debuting at the ongoing Pack Expo.

The Box Box, a space-saving robotic palletizer with a small footprint, starting at just 8’x10’, allows an operator to design and produce exact pallet patterns quickly and easily from bags to boxes and other product types. [Read more…] about Quest Industrial launches new version of its Box Bot

Filed Under: Industrial robots, News Tagged With: applications, bot, box, company, customer, customers, don, fanuc, food, industrial, manual, operator, pallet, palletizing, patterns, qb, quest, robot, robotic, series, solution, standardized, version

Storage company McMurray Stern partners with Fanuc

August 25, 2021 by David Edwards

Mobile shelving and micro-fulfillment company McMurray Stern is partnering with industrial robot maker Fanuc among others to make automated warehousing more efficient.

For over 40 years, McMurray Stern has been an industry leader in the world of storage solutions. With an increase in online shopping due to the Covid-19 pandemic, McMurray Stern recognized a greater need for their expertise.

Shifting to automation, they have helped a mass number of companies, and have been able to improve their solutions in order to meet everyone’s needs. [Read more…] about Storage company McMurray Stern partners with Fanuc

Filed Under: Features, Logistics Tagged With: automated, automation, business, companies, company, fanuc, fitzpatrick, industry, marketing, mcmurray, robotics, solutions, stern, storage

Tas Global commercializes ‘world’s first’ ship hull cleaning robot system

August 25, 2021 by Mai Tao

A startup company called Tas Global is commercializing what it says is the world’s only robot capable of cleaning freely on curved surfaces.

The company has registered more than 30 patents in 16 countries including the US on the journey to bringing the robotic system to market.

Selected as a South Korean government project, Tas started by developing technology for processing organisms attached on a ship’s hull. [Read more…] about Tas Global commercializes ‘world’s first’ ship hull cleaning robot system

Filed Under: Industry, News Tagged With: attached, cleaning, company, development, diving, environment-friendly, global, hull, industrial, institute, international, korea, maritime, organisms, project, robot, safety, selected, ship, ships, system, tas, technology, underwater

RE2 Robotics launches new robotic arm for outdoor mobile applications

August 25, 2021 by David Edwards

RE2 Robotics, a leading developer of intelligent mobile robotic manipulation systems, marks its 20th year in business with the launch of its newest robotic arm, the RE2 Sapien 6M.

The milestone marks two successful decades of innovation and growth for the Company in the robotics industry.

Originally founded on July 20, 2001 as a defense subcontractor to Carnegie Mellon University by alumni Jorgen Pedersen, the Company incubated at the National Robotics Engineering Center (NREC) in the Lawrenceville neighborhood of Pittsburgh. [Read more…] about RE2 Robotics launches new robotic arm for outdoor mobile applications

Filed Under: Industrial robots, News Tagged With: applications, arm, company, control, customers, defense, engineering, intelligent, manipulation, mobile, pedersen, pittsburgh, require, robotic, robotics, sapien, systems, technology

Nidec to establish joint venture with Hon Hai and Foxtron

August 25, 2021 by David Edwards

nidec image01

Nidec Corporation, the world’s largest manufacturer of drives, has agreed to start discussions on establishing a joint venture with Hon Hai Technology Group and Foxtron Vehicle Technologies.

The Hon Hai Technology Group in Taiwan has been the main manufacturer for Apple products in the past two decades.

Nidec signed a memorandum of understanding with Foxtron regarding its strategic alliance in the development of electric vehicle drive systems. [Read more…] about Nidec to establish joint venture with Hon Hai and Foxtron

Filed Under: Business, News Tagged With: companies, company, customers, development, foxtron, hai, hai/foxtron, hon, joint, motor, nidec, products, sales, supply, traction, venture

Tau invents wire that doubles the power of electric motors and raises €10.25 million

August 24, 2021 by David Edwards

A startup company called Tau, which specializes in materials science and automotive electrification, says it has delivered a prototype wire that enables electric motors to double their power output without changing their size. 

The technology could mean that electric vehicles and machines of all kinds can keep going for longer on a single charge, and go faster.

Coinciding with the milestone of delivering prototype winding wire to the automotive industry, Tau also concluded its Series A financing round with additional funding from Finindus, a Belgium-based investment company financed by ArcelorMittal and the Flemish Region, and a top-up by German specialty chemicals company Altana. The total raised is said to be €10.25 million. [Read more…] about Tau invents wire that doubles the power of electric motors and raises €10.25 million

Filed Under: Design, News Tagged With: altana, coating, company, electric, electrical, energy, environmental, finindus, fund, global, industry, investment, investors, metal, motors, output, power, quality, sovereign, sustainable, tau, technology, wealth, winding, wire, wires

Air taxi winners: Watch orders not investment, says IDTechEx

August 24, 2021 by David Edwards

Air taxi operators are unfazed by the 200 or so organizations designing vertical take-off electric aircraft. The IDTechEx report with the big picture is, Manned Electric Aircraft: Smart City and Regional 2021-2041.

Air taxi operators have placed large orders with a company that models itself on Tesla, entirely making born-electric, conventional take-off, fixed-wing aircraft.

Using extreme lightweighting, efficiency, and aerodynamics, Bye Aerospace has over $250 million of orders for two and four-seaters from air taxi operators and flying schools. It spent only $24 million to have certifiable demonstrators aloft.

Bye is so inundated with orders it has just doubled its prices because the aircraft still cost far less per mile than the polluting traditional equivalents. In the US, 11,000 of those are approaching 50 years old and illegality. Bye deliveries start from 2022. [Read more…] about Air taxi winners: Watch orders not investment, says IDTechEx

Filed Under: Features, Transportation Tagged With: aerospace, air, aircraft, battery, beta, billion, bye, company, idtechex, orders, take-off, taxi, vertical, vtol

Monogram Orthopedics attracts 5,000 investors on way to raising $30 million

August 23, 2021 by David Edwards

Monogram Orthopedics, the startup advancing the future of joint replacement surgery, has attracted 5,000 Series B investors – and almost $1 million – on crowdfunding platform StartEngine.

Aiming to personalize the $19.6 billion joint replacement market through artificial intelligence, robotics, and 3D printing, Monogram Orthopedics is targeting a $34 million raise to scale and bring their technology to market.

The company expects to kick off its unmatched personalized approach with its first Total Knee Arthroplasty implant FDA submission planned for later this year. [Read more…] about Monogram Orthopedics attracts 5,000 investors on way to raising $30 million

Filed Under: Health, News Tagged With: active, approach, company, implants, joint, knee, market, medical, monogram, orthopedics, patient, patients, percent, personalized, replacement, robotics, surgeries, surgical, technology, tka, university, year

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