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Path Robotics raises $56 million to ‘lead American manufacturing into the future’

May 3, 2021 by Sam Francis

Path Robotics, the Columbus, Ohio-based artificial intelligence and robotics company responsible for designing “the world’s first truly autonomous robotic welding system”, has received $56 million dollars in Series B funding, bringing the total invested in the company to $71 million.

Investment company Addition led the round and was joined by returning investors Drive Capital, Basis Set, and Lemnos Lab.

Lee Fixel of Addition says: “Path Robotics is solving a complex and critical problem in our country by bridging the gap between the supply of skilled welders and demand. [Read more…] about Path Robotics raises $56 million to ‘lead American manufacturing into the future’

Filed Under: Industrial robots, News Tagged With: ability, addition, american, capital, change, company, demand, drive, future, lonsberry, manufacturing, path, robotic, robotics, system, technology, vision, welders, welding

EasyMile raises €55 million to scale up its autonomous vehicles business

May 3, 2021 by Sam Francis

EasyMile, a developer of driverless vehicle solutions for material handling and shared passenger transport, has closed a €55 million Series B funding round.

Led by Searchlight Capital Partners, a private investment firm, with McWin and NextStage AM, the round saw all EasyMile’s earlier investors, including Alstom, Bpifrance and Continental, also participating.

The funding will facilitate the completion of EasyMile’s product and technology roadmap while accelerating its international expansion and client service. [Read more…] about EasyMile raises €55 million to scale up its autonomous vehicles business

Filed Under: Autonomous Vehicles, News Tagged With: autonomous, capital, commercial, company, development, easymile, funding, growth, handling, material, passenger, round, scale, searchlight, service, shared, solutions, technology, transport

Volkswagen to design its own chips for autonomous vehicles

May 3, 2021 by David Edwards

Automotive giant Volkswagen is planning to design its own chips for autonomous vehicles, according to a report in German newspaper, Handelsblatt.

VW’s CEO, Herbert Diess, is said to have “ordered” the company to “launch the next revolution after electromobility”, and Handelsblatt says that Diess “wants to create the fully networked and self-steering vehicle with its own processor”.

Diess told Handelsblatt: “To achieve optimal performance in light of the high demands that exist for cars, software and hardware have to come out of one hand.” [Read more…] about Volkswagen to design its own chips for autonomous vehicles

Filed Under: Computing, News Tagged With: autonomous, cars, chips, company, control, design, devices, diess, electronic, fully, grow, handelsblatt, number, semiconductors, systems, vehicles, volkswagen, vw

Toyota ‘accelerating’ its autonomous vehicle plans with Lyft’s Level 5 acquisition

May 3, 2021 by Mai Tao

Toyota is accelerating its autonomous vehicle plans through its acquisition of Lyft’s Level 5, according to research company GlobalData. 

Toyota Motor’s tech investment arm, Woven Planet Holdings, has agreed to acquire shared mobility giant Lyft’s self-driving vehicle division Level 5 for $550 million.

In response to the news, Bakar Sadik Agwan, senior automotive consulting analyst at GlobalData, offers her analysis. [Read more…] about Toyota ‘accelerating’ its autonomous vehicle plans with Lyft’s Level 5 acquisition

Filed Under: Autonomous Vehicles, Features Tagged With: acquisition, autonomous, companies, company, level, lyft, market, mobility, shared, toyota, vehicle

Baidu Apollo to launch fully driverless ride-hailing services in Beijing

April 29, 2021 by Mai Tao

Baidu Apollo will launch fully driverless robotaxi services to the public in Beijing starting from May 2, 2021.

This will be China’s first paid autonomous vehicle service where users can hail a robotaxi without a safety driver behind the steering wheel, marking a landmark step on the road to commercialization of autonomous driving.

The fully driverless Apollo Go Robotaxi service will first be launched in Beijing’s Shougang Park – one of the venues for the 2022 Beijing Winter Olympics – and will soon be transporting visitors at the games. [Read more…] about Baidu Apollo to launch fully driverless ride-hailing services in Beijing

Filed Under: Autonomous Vehicles, News Tagged With: apollo, autonomous, baidu, beijing, car, chinese, cities, commercialization, company, driverless, driving, fully, guidehouse, launch, operations, public, robotaxi, robotaxis, safety, service, services, unmanned, users, vehicles

Continental to increase investment into developing autonomous mobility systems

April 29, 2021 by David Edwards

Continental is planning to increase its investment into developing autonomous mobility systems from €200 million to €250 million this year.

The company, which is mainly known as a manufacturer of tyres and related technologies, says it will create a separate business unit for autonomous mobility in 2022.

The reason for the additional funds in the area is because of the trends in the industry. [Read more…] about Continental to increase investment into developing autonomous mobility systems

Filed Under: Autonomous Vehicles, News Tagged With: artificial, autonomous, car, companies, company, continental, continuously, data, development, driving, growing, growth, increase, intelligence, market, markets, mobility, position, safer, setzer, software, specializes, systems, technology, tires

SEAT introduces Effidence autonomous mobile robots at Martorell, Spain plant

April 29, 2021 by David Edwards

European automaker SEAT, which is part of the Volkswagen Group, has introduced two autonomous, collaborative mobile robots that adapt to the needs of employees to help them with tasks such as transporting parts.

The AMRs – called EffiBOTs, originally made by Effidence – have been integrated into the operations at the automaker’s Martorell plant in Spain.

SEAT says the incorporation of the AMRs at the Martorell factory continues the development and implementation of digital tools and solutions to make the facility a smarter, more digitalised and increasingly connected factory. [Read more…] about SEAT introduces Effidence autonomous mobile robots at Martorell, Spain plant

Filed Under: Logistics, News Tagged With: adapt, agile, areas, assembly, automaker, autonomous, car, collaborative, company, effibot, effibots, efficient, example, factory, industry, martorell, mobile, move, plant, processes, production, robot, robots, seat, spain, transport

Swisslog opens new location in Dortmund

April 23, 2021 by David Edwards

After 30 years in Dortmund’s Technology Park, Swiss intralogistics specialist Swisslog is now moving into a new building in the Dorstfeld district of the city.

The company says the move is a sign of expansion and future orientation as well as a commitment to the Ruhr metropolis and Germany as a business location.

Swisslog officially opened the new location on Ezzestraße in Dortmund-Dorstfeld on April 20. [Read more…] about Swisslog opens new location in Dortmund

Filed Under: Infrastructure, News Tagged With: baur, business, center, city, commitment, company, development, dortmund, employees, future, germany, hub, intralogistics, location, logistics, metropolis, move, ruhr, software, swisslog, technologies, technology

The Importance of Compliance Testing in Technology

April 22, 2021 by Polly

For most businesses, the last measure to undertake before rolling out new technology to the market is product compliance.

The process of performing compliance testing can, at times, be lengthy and complex. This fact is true, particularly for devices featuring the latest technology.

Because of this scenario, compliance testing has emerged as a crucial step for most organizations across all sectors. [Read more…] about The Importance of Compliance Testing in Technology

Filed Under: Promoted, Technology Tagged With: companies, company, compliance, Compliance Testing, Encourage Fair Market Competition, market, organization, product, Product Security, safe, Safe Working Conditions, technology, testing

The Best Utility Consultant for Your Business

April 22, 2021 by Polly

According to Ofgem or the Office of Gas and Electricity Markets, there are about 60 domestic gas and electricity suppliers in the United Kingdom at the moment.

With this many suppliers that you could choose from, how would you know which one is the best for your business needs? Which one of them can provide cost-efficient and reliable services? Well, the easiest way to find out is by hiring yourself a utility consultant.

This article aims to tackle a company’s responsibilities that provide utility consultant services and some traits you should look for in one. [Read more…] about The Best Utility Consultant for Your Business

Filed Under: Business, Promoted Tagged With: best, company, consultant, provide, suppliers, utility, Utility Bidder, Utility Consulting In Business

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