Robotics & Automation News

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GXO partners with 6 River Systems for supply of warehouse robots

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GXO Logistics, one of the world’s largest contract logistics providers, has reached a multi-year global agreement with 6 River Systems, a robotic fulfillment solutions provider, to meet the demand for collaborative mobile robots – also known as autonomous mobile robots – in its logistics operations across the US and Europe.

Sandeep Sakharkar, chief information officer at GXO, says: “6 River Systems’ Chucks provide a huge boost to the retention of our team members and deliver a substantial sustained increase in operational productivity.

“This agreement fortifies our long-term partnership with 6RS, ensuring rapid deployment of popular productivity-enhancing warehouse collaborative robots that give our customers a competitive advantage.” [Read more…] about GXO partners with 6 River Systems for supply of warehouse robots

DHL surpasses 100 million units picked with Locus Robotics machines

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DHL Supply Chain, the contract logistics subsidiary of Deutsche Post DHL Group, says it has surpassed 100 million units picked in its North American facilities by LocusBots from Locus Robotics.

The milestone was achieved in DHL’s Hanover Township, Pennsylvania location, fulfilling orders for a major apparel retailer. The milestone achieved in this facility is one of more than a dozen DHL sites in North America, using more than 2,000 LocusBots – more than any other contract logistics company.

Sally Miller, CIO, DHL Supply Chain North America, says: “As this milestone illustrates, our unrivaled implementation and productization of assisted picking robots has been a tremendous success for our customers’ supply chains. [Read more…] about DHL surpasses 100 million units picked with Locus Robotics machines

Industrial robot costs to drop by half in the next three years

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Karthee Madasamy, founder and managing partner at MFV Partners

According to ARK Invest research, industrial robot costs will drop by 50-60 percent by 2025. This dramatic drop in costs, combined with other factors such as the global pandemic’s acceleration of industries embracing automation, has resulted in a situation where interest in robotics has reached a fever pitch.

In fact, in the first year of the pandemic venture firms poured $6.3 billion into robotics companies, up nearly 50 percent from the $4.3 billion they invested over the same period a year earlier.

Further, in North America, industrial robot sales had their strongest year ever in 2021. With this activity it’s not surprising that the global market is forecasted to reach $31 billion by 2028. [Read more…] about Industrial robot costs to drop by half in the next three years

Universal Robots records best ever Q1 results

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Universal Robots, the Danish producer of collaborative robots, has reported record Q1 revenue of $85 million, 30 percent up on its 2021 Q1 revenue.

The company’s chief financial officer, Kim Nørgaard Andreasen said: “Reporting record Q1 revenue at a time when businesses across the world are facing disruption from the pandemic, supply chain challenges and conflict is a testament to the role collaborative automation can play in helping our customers stay competitive.

“In addition to record revenue, we have been pleased this quarter to welcome 80 new employees to our rapidly growing company.” [Read more…] about Universal Robots records best ever Q1 results

Faccin Group opens new USA headquarters in Texas

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Faccin USA, a Faccin Group company, a global manufacturer of metal bending machines, is expanding its footprint within the US market with the opening of its new headquarters in Addison, Texas.

The expansion is focused on increasing and facilitating customer service and spare parts delivery.

The new facilities, located at 4270 Kellway Circle in Addison, Texas, mark the group’s continued global growth and development. [Read more…] about Faccin Group opens new USA headquarters in Texas

Ensto Building Systems completes factory to build smart electrical solutions

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Ensto Building Systems, a manufacturer of smart electrical solutions, has completed a new factory in Keila Industrial Park.

With the new factory, the company will double the entire factory area and will be operating in a production unit of 8,200 square meters.

Harju KEK took care of the completion of the construction, which cost more than three million euros. [Read more…] about Ensto Building Systems completes factory to build smart electrical solutions

AutoStore accelerates international growth with new Singapore office

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Leading warehouse automation company, AutoStore, announces the opening of its new Singapore office.

The location will serve as the local hub for AutoStore in the Asia-Pacific region as the company positions itself to serve both local partners and clients, while adapting to meet the growing demand for Automated Storage and Retrieval Systems in the region.

The new Singapore office builds upon the company’s existing presence in the area. [Read more…] about AutoStore accelerates international growth with new Singapore office

Miso Robotics opens Series E funding round after already raising $50 million

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Miso Robotics, the robotics company specialising in the restaurant industry with, is opening its Series E funding round after raising more than $50 million through equity crowdfunding in its Series C and D.

The company is aiming to raise $40 million this round and plans to use the new capital to more rapidly satisfy the product demand it is facing in the marketplace, as well as grow its workforce, which has more than tripled in size in the past year.

It is currently accepting investment reservations in this round while it undergoes the SEC review process.  [Read more…] about Miso Robotics opens Series E funding round after already raising $50 million

ABB predicts key trends that will change robotic automation in 2022

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Marc Segura, ABB’s new robotics division president, outlines the key 2022 robotic trends

With demand for robots growing as companies in multiple sectors look for new ways to enhance their productivity and competitiveness post-pandemic, ABB has compiled a set of growth predictions, looking at key trends driving demand for robots in the coming year.

“The pandemic accelerated far-reaching global mega trends – from labor shortages and supply chain uncertainty, to the individualized consumer and growing pressure to operate sustainably and resiliently – leading new businesses to look to robotic automation,” says Marc Segura, ABB’s newly appointed robotics division president.

“As technology opens new opportunities for meeting customer demands, new trends will continue to emerge that will further drive demand in areas where robots have traditionally not been used.” [Read more…] about ABB predicts key trends that will change robotic automation in 2022

4 Threats Tech Companies are Facing in 2022

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Operating a business in today’s digital world brings more threats than ever. Globalization and the internet have increased profitability, but have also brought more risks.

For the technology sector, the threats are even more evident. This article will explore four major threats tech companies are facing in 2022. [Read more…] about 4 Threats Tech Companies are Facing in 2022