Robotics investments for May 2024 equaled $2.1 billion, the result of funding for 38 companies. The $2.1 billion is the highest monthly funding amount for the year 2024 and greatly exceeds the trailing 12-month average of $1.2 billion. Robotics funding through May 2024 totals approximately $5.7 billion. The post Robotics investments drive past $2.1B in […]
Businesses are adopting automation not to replace workers but to augment scarce labor, according to data that HowToRobot released yesterday. It found that 80% of respondents said their projects are intended to free employees from manual tasks and move them to other more value-adding activities. The Denmark-based provider of a global automation market platform said […]
Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. The global market research firm says the industry is starting to bounce back from a 2023 low point. Industrial robot shipments are similar to levels seen in 2022, although the average price of industrial robots decreased last year. The market saw […]
Rain, a developer of aerial wildfire containment technology, and Sikorsky, a Lockheed Martin company specializing in advanced rotorcraft, are researching how to fight wildfires autonomously. The companies completed test flights in late 2023 using an autonomous helicopter that carries and dumps water onto wild fires in the very early stages. The flight demonstration took place […]
The robotics industry has seen major growth and maturity in the past decade. Technology advances such as vision systems and computing power, along with the rise of artificial intelligence, have helped the industry grow in many ways. Robots also are getting cheaper and more affordable. Robots are taking a greater role and improving automation in […]
The Robot Report recently spoke with Ph.D. student Cheng Chi about his research at Stanford University and recent publications about using diffusion AI models for robotics applications. He also discussed the recent universal manipulation interface, or UMI gripper, project, which demonstrates the capabilities of diffusion model robotics. The post Stanford researcher discusses UMI gripper and […]
With actions from suppliers like Siemens, Interact Analysis expects the market for machine-integrated robot control to grow rapidly over the next few years. The post Demand for integrated robot control surges appeared first on The Robot Report.
A staggering 97% of the apparel sold and worn in the U.S. is made overseas, according to the American Apparel & Footwear Association. Not only does this mean that the U.S. lost these jobs when apparel manufacturing moved overseas, but it poses a significant risk to our national security, as evidenced by the nation’s struggle […]
AiM Medical Robotics is taking the next steps to validate its robot for deep brain stimulation in Parkinson’s patients. The company is partnering with the Surgical Navigation and Robotics (SNR) Lab at Harvard and has entered into a clinical research agreement with the Clinical Trial Office at Brigham and Women’s Hospital (BWH). The post AiM […]
May was a busy month for the robotics industry. Exciting events, like the Robotics Summit & Expo and Automate, brought a batch of new product releases and partnership announcements. At the same time, humanoid robotics continued to grab our reader’s attention throughout the month. Here are the top 10 most popular stories on The Robot Report […]
