Frank Tobe is the owner and publisher of The Robot Report. After selling his business and retiring from 25+ years as a computer services consultant to the DNC and major presidential, senatorial, congressional, mayoral campaigns and initiatives all across the U.S., Canada and internationally, he has energetically pursued a new career in researching and investing in robotics.
“Early in 2008, in a personal effort to learn about the robotics industry and the future of robotics, with an eye toward selectively investing in publicly-traded and privately owned robotics businesses, I began an intensive research project that took me to Japan, Korea, China, France, Germany, Switzerland and all over the Internet. My eyesight has suffered but not my mind. I love what I’m doing and finding out and, in an effort to share my research, I set up the website, The Robot Report, to track the business of robotics."
"Early in 2009 I set up the Everything-Robotic blog to supplement The Robot Report with periodic in-depth personal insights.”
[ Disclaimer ]
This publication is not an offering for any investment. It represents only the opinions of Frank Tobe and those that he interviews. Any views expressed are provided for information purposes only and should not be construed in any way as an offer, an endorsement, or inducement to invest with any stock, fund, or program mentioned here or elsewhere, and is not in any way a testimony of, or associated with, Frank Tobe’s other firms. Frank Tobe is a Co-Founder and Analyst for ROBO-STOX, LLC. ROBO-STOX, LLC owns and licenses data of the ROBO-STOX™ Global Robotics and Automation Index, which may include companies mentioned in this publication.
Past performance is not indicative of future performance.
All material presented herein is believed to be reliable but we cannot attest to its accuracy. Opinions expressed in this publication may change without prior notice.
The newly released IFR's World Robotics Industrial Robots statistical review of 2014 (with projections through 2018) forecasts a 15% CAGR, thereby doubling the annual number of units sold to around 400,000 by 2018.
We appear to be on the rising curve of a robot renaissance. There is almost continuous media attention; 2015 fundings are already double all of 2014; and the number of acquisitions has also doubled. Robots, robotics and robotic-like apps are entering our lives and workplaces everyday and everywhere.
Rethink Robotics displayed their new single-armed Sawyer robot at the RoboBusiness Conference and Expo in San Jose on Wednesday. It was Sawyer's first public outing and the crowd of over 1,600 was paying attention.
“Cognitive computing will be to computing what transaction processing is today.” So said IBM’s Robert High in his keynote talk at RoboBusiness yesterday. In less than 10 years the volume of our business computing will change from transaction processing to cognition processing.
In May 2014, the US Federal Aviation Administration (FAA) began accepting petitions for exemptions to operate unmanned aircraft systems (UAS) commercially in civilian airspace. As of 1 September 2015, 1,407 of 2,650 petitions have been approved.
Intel Capital invested $60m in Chinese drone startup Yuneec last month. At last week’s InterDrone conference and expo, one can readily see why: lots of interest, lots of people, and products that are becoming commodities.
In two simultaneous launches last week, Toyota Motor and the UK RAS Group backed their previous statements regarding the imperative for robotics and AI development with money, roadmaps and strategic alliances.
Peloton Technology, a Silicon Valley startup providing truck platooning technology, got $17 million from strategic investors after receiving $16M this April. Denso Intl. was the lead investor in both funding rounds.
The number of research reports covering the robotics industry has quadrupled in the last three years. We’ve previewed 38 thus far in 2015. The latest batch of 15 new ones cover a wide range of segments as well as the overall industry.
In China, the robotics industry is booming. Companies are deploying thousands of robots in all types of factories, particularly in the auto industry. Chinese companies that manufacture robots and their components are also growing. This article focuses on the robot makers.
This week saw fresh funding of $11.2m for Virtual Incision, a startup developing robotically assisted surgical devices, and another $11m for Jibo, the company founded by MIT Media Lab’s Cynthia Breazeal of Human Robot Interaction fame. Money continues to flow into robotics.