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Severstal expands automation capabilities with second investment in Airborne

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PAO Severstal, one of the world’s largest vertically integrated steel and mining companies, has led a second tranche of investment into Dutch company Airborne, a developer of digital automation platforms for the production of composite parts and products with integrated composites.

The total investment in Airborne has already amounted to “several tens of millions of dollars”, says Severstal.

In spite of the crisis caused by the coronavirus pandemic, which has led to many venture projects on the global market being placed on hold, Severstal led the new investment in Airborne with support of existing shareholders including HPE Growth. [Read more…] about Severstal expands automation capabilities with second investment in Airborne

Lumotive claims ‘industry-first’ LiDAR using liquid its Crystal Metasurfaces and CMOS manufacturing

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Lumotive, a developer of scalable solid-state LiDAR systems, has launched the first two in a series of 3D-sensing products that utilize its innovative Liquid Crystal Metasurfaces (LCMs) manufactured in CMOS semiconductor processes.

The company says the new systems are designed to meet performance, cost and size requirements across a range of industries.

With samples available in the fourth quarter of this year, the Lumotive X20 and Lumotive Z20 LiDAR systems target the automotive and industrial automation markets, respectively. [Read more…] about Lumotive claims ‘industry-first’ LiDAR using liquid its Crystal Metasurfaces and CMOS manufacturing

Agricultural robots and AI: A question of when and not if

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Robotics and artificial intelligence will drive a deep and transformative change in the agricultural world during the coming decades, according to a new report by IDTechEx.

Seeing, localising, and taking plant-specific intelligent action are no longer the exclusive realm of humans, says the research company.

Machines have demonstrated the technical viability and the emphasis has long shifted to the finer details of return on investment, reliability, business model, and so on. [Read more…] about Agricultural robots and AI: A question of when and not if

Geek+ and Conveyco agree partnership to distribute warehouse robots in North America

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Geek+ and Conveyco have agreed a partnership to distribute Geek+ warehouse robots in North America.

The distribution partnership brings Geek+ warehouse robotics solutions to retail, e-commerce, omnichannel and logistics customers all over North America.

Geek+ is a global provider of smart logistics solutions that utilize robotics and artificial intelligence technologies. [Read more…] about Geek+ and Conveyco agree partnership to distribute warehouse robots in North America

Visteon debuts new digital dashboard infotainment technology

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Visteon, the only global Tier 1 automotive supplier solely focused on the digital cockpit market, has contributed its technical expertise and manufacturing capabilities to provide the infotainment platform for Volkswagen’s new Nivus model for the Brazil market.

With its new coupe-style SUV, the automaker debuts VW Play – a pioneering infotainment system for enhanced in-car connectivity, streaming and other services – supported by Visteon.

Developed jointly by VW and Visteon in Brazil, VW Play was created with usability in mind. Delivering a premium user experience, the intuitive interface incorporates customizable control screens, offering a diverse range of connectivity elements, key vehicle information and application notifications. [Read more…] about Visteon debuts new digital dashboard infotainment technology

Robo taxis to accelerate autonomous public transportation

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The race to advance and autonomous mobility and transportation is heating up. In recent years, the world has witnessed a revolution in the taxi industry with the emergence of ride-booking applications. 

Following the trend, various existing firms have updated their offerings by presenting new taxi booking applications. However, this hasn’t been enough for them.

The advent of artificial intelligence has offered taxi companies the opportunity to bring on new and innovative ideas. One such an innovative idea has turned to be robotic taxis, or robo taxis, the next step of innovation for public transport. [Read more…] about Robo taxis to accelerate autonomous public transportation

Microsurgery robot market to play ‘key role’ in advanced cardiovascular diseases and cancer treatments

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The microsurgery robot market is predicted to play “key role” in advanced coronavirus and cancer treatments, according to research by Global Market Insights.

The US microsurgery robot market accounted for $355.1 million in 2017, owing to increasing incidence of cardiovascular, neurovascular, oncology and other chronic diseases.

The increasing prevalence of chronic disease will favor industry growth in the region. Favorable healthcare and reimbursement policies coupled with adoption of technologically advanced microsurgery robots will promote revenue generation in the future. [Read more…] about Microsurgery robot market to play ‘key role’ in advanced cardiovascular diseases and cancer treatments

SICK continues to grow despite ‘challenging market’

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Sensors giant SICK says its business has continued to grow despite a “challenging market environment”.

Group sales by the sensor producer increased by 7 percent to €1,750.7 million during the 2019 fiscal year (2018: €1,636.8 million).

Growth was considerably higher than the average for the sensor industry, estimated as having shrunk by 1 percent for 2019 by the AMA Association for Sensors and Measurement. [Read more…] about SICK continues to grow despite ‘challenging market’

Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

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Brain Corp, a developer of artificial intelligence systems for the robotics industry, has raised $36 million in Series D funding to “help meet the growing demand for autonomous mobile robots”.

The company says the growth is being generated by retail, healthcare, airports, education and other industries now on the front lines of the coronavirus health crisis.

The round was led by returning investor SoftBank Vision Fund 1, and includes new investors ClearBridge Investments, and Satwik Ventures, and an additional investment from Qualcomm Ventures. [Read more…] about Brain Corp raises $36 million to meet ‘growing demand for autonomous robots’

Connected robotic lawn mowers market set to grow almost four-fold

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GPS and Bluetooth-enabled robotic lawn mowers are gaining rapid interest, and the market is set to grow to 3.6 times its current size by 2029, according to research by Future Market Insights.

Technological advancements and rising penetration of artificial intelligence have paved the way for increased sales of robotic lawn mowers, since they have become much more efficient.

Rising dependency on automation in the commercial sector to decrease operating costs and increasing adoption of domestic robots for residential applications are major factors estimated to drive the growth of the robotic lawn mower market during the forecast period. [Read more…] about Connected robotic lawn mowers market set to grow almost four-fold