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Frank Tobe

by   -   August 26, 2016
Source: Ford Velodyne LiDAR/YouTube
Source: Ford Velodyne LiDAR/YouTube

In anticipation of the need for LiDAR devices in cars with assisted steering and other self-driving technologies, both Velodyne and Quanergy received funding. Quanergy raised $90 million and Velodyne got $150 million.

by   -   August 22, 2016
A Bird’s Eye View of AT&T’s Drone Inspection Program, Source: AT&T/YouTube
A Bird’s Eye View of AT&T’s Drone Inspection Program, Source: AT&T/YouTube

CNN just inaugurated their new drone division. So have many other news organizations. Network providers are also setting up drone operations for a variety of purposes.

by   -   August 19, 2016
Source: Jibo/YouTube
Source: Jibo/YouTube

Bringing a complex new product to market is an intensive process fraught with problems. Getting hardware ready for manufacturing is often the easy part; it’s the software and regulatory compliance that’s often the most challenging. Here are three examples: Ford Motor Co., Velodyne LiDAR and Jibo.

by   -   August 18, 2016
Hunan Changsha 5S robot store. Source: gog.cn
Hunan Changsha 5S robot store. Source: gog.cn

Chinese consumer manufacturer Midea, after having spent over $4 billion to acquire 94% of German robot maker Kuka, is planning to spend an additional $1.5 billion to turn itself into China’s preeminent robot powerhouse.

by   -   August 17, 2016

warehouse-distribution-centre-supply-chain

International Data Corporation (IDC) has awarded five pioneering players in the warehouse robotics market with the 2016 IDC Innovators Award. Companies selected met the following criteria: revenue of less than $50 million with an innovative technology, or a groundbreaking new business model, or both.

by   -   August 11, 2016

Robot-sale-business-robots-selling

Spin-offs are disrupting, but often necessary. Here are two recent examples: iRobot sold off its Defense & Security Business Unit to a private equity firm, and Harvest Automation sold the IP and work in process of its warehousing robot group to a new venture-backed startup.

by   -   August 3, 2016

stock_market_exchange_money

Despite all the high-profile billion-dollar acquisitions, eg: ARM by SoftBank, KUKA by Midea and Uber China by Didi Chuxing, M&A are down 19% this year, according to both Forbes and CB Insights. Buyers are buying, but they are seeking cash-positive market-realistic targets. Values (both monetary and vanity) are taking a hit. What’s a startup to do?

According to CB Insights, startups can (1) get bought at a lower valuation and take the hit; (2) lower their cash burn rate and play the long game; or, (3), if they already have strong fundamentals and good growth, continue on.

by   -   July 12, 2016
Source: Momentum Machines
Source: Momentum Machines

Re-joining the ranks, Sony announced a return to robotics. Momentum is opening a robot hamburger shop. And Starship is beginning to deliver food to three cities in Europe.

by   -   July 11, 2016

robot_report3

The number of research reports studying the robotics industry is growing exponentially. To date in 2016 there have been 109 on subjects ranging from overly broad to very drilled-down views of the industry. Prices range from $800 to $6,500.

Below are short profiles of 62 of those reports and the other 47 can be seen here. Many of the reports duplicate the coverage of others and frequently differ in their forecasts about the future. Some reports are marginally useful, others are full of valuable information. Bottom line: almost all of the reports are forecasting positive double-digit growth for most segments of the robotics industry.

by   -   July 5, 2016

pac-man-eating-small-companies-takeover-business.

First, the KION Group acquires Dematic for $2.5 billion. A week later, Honeywell acquires Intelligrated for $1.5 billion. KION acquires Retrotech and earlier still Egemin, while Kuka acquires Swisslog. What’s going on?

by   -   June 1, 2016

handshake_money_currency_dollar_Euro

UPDATE: June 1, 2016: Forbes wrote today that Toyota is in discussions with Google not only for Boston Dynamics but also for Schaft, the Japanese startup that won the DARPA Robotics Challenge — a two-company sale.

by   -   April 4, 2016

Robot-arm-factory_manufacturing_industrialThe robotics industry has graduated to be big business — at least for research firms. 47 different reports on subjects ranging from broad to very drilled-down views of the industry are analyzed and projected upon with widely differing forecasts.

by   -   April 4, 2016
Source: cbinsights.com
Source: cbinsights.com

Funding for robotics startup companies rose dramatically in 2015 reaching record highs in deals and dollars. CB Insights, a VC database provider, reported similar findings as seen in their quarterly financing chart.

Listed below are the results for March including two billion dollar acquisitions.

by   -   March 29, 2016
Source: press.3dr.com
Source: press.3dr.com

3D Robotics unveiled sweeping changes by closing its San Diego facility, reducing staff at its Berkeley headquarters and in Austin, TX, and acknowledging that co-founder and president Jordi Muñoz left the company at the end of 2015.

by   -   March 19, 2016

Harvest looking to sell the system technology it developed for the e-commerce bot. Now, they are working to raise money so the company can keep the agricultural side of its business.





Rethink Robotics
October 5, 2012


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