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Frank Tobe


Uber regrouping after Levandowski firing

Uber, the global ride-sharing transportation company, has named two replacements to recover from the recent firing of Anthony Levandowski who headed their Advanced Technologies Group, their OTTO truck...
12 June 2017, by

May 2017 fundings, acquisitions, IPOs and failures

May 2017 had two robotics-related companies get $9.5 billion in funding and 22 others raised $249 million. Acquisitions also continued to be substantial with Toyota Motor's $260 million acquisition o...
01 June 2017, by

Two stars, different fates

Andy Rubin, who developed the Android operating system at Google then went on to lead Google through multiple acquisitions into robotics, has launched a new consumer products company. Anthony Levandow...
31 May 2017, by

The Wolf: The Hunt Continues shows calculated precision for hacking into an network

Here's a video you will want to watch. "The Wolf: The Hunt Continues" is really an ad showing how a hacker can enter a network through an unprotected printer (or robot). Christian Slater stars as th...
26 May 2017, by

SoftBank invests $5 billion into Didi Chuxing and $4 billion more in Nvidia

SoftBank, the giant telecom company, is venturing out into the world of robotics and transportation services. DealStreet Asia said that SoftBank is trying to transform itself into the 'Berkshire Hatha...
24 May 2017, by

24 research reports that dissect the robotics industry

After reading the press releases for this batch of 24 research reports, although they vary widely in their forecasts, they almost all agree that most segments of the robotics industry are expected to...
05 May 2017, by



April 2017 fundings, acquisitions, IPOs and failures

April 2017 had 16 robotics-related fundings totaling over $337 million - a fourth solid month for 2017 - $995 million year-to-date. Acquisitions also continued to be substantial with ABB's $2 billion...
02 May 2017, by

CBS News outlines jobs and robotics debate; IFR fills in gaps

CBS News, and reporter David Pogue, displayed some new technologies threatening jobs, while the International Federation of Robotics suggested that deploying robots actually increases jobs. Are either...
13 April 2017, by

March 2017 fundings, acquisitions, IPOs and failures

March 2017 had 29 robotics-related startups get funding totaling over $222 million - another solid month for 2017 and $658 million year-to-date. Acquisitions also continued to be substantial with ...
10 April 2017, by

February 2017 fundings, acquisitions and IPOs

February fundings for 16 robotics-related startups totaled over $313 million - another solid month for the new year. Acquisitions also continued to be substantial with Ford's acquisition of Argo and M...
02 March 2017, by

Recap: 2016 funding and acquisition updates

Although the original articles (2016 was best year ever for funding robotics startup companies) and (Over $19 billion paid to acquire 50 robotic companies) have been updated to reflect the omissions o...
28 February 2017, by

Ford Motor to invest $1 billion in Pittsburgh startup Argo AI

Argo AI, a Pittsburgh startup, has sold a majority share of their company to Ford Motor Co. which has agreed to invest $1 billion over a five-year schedule but will immediately become the majority sh...
15 February 2017, by

Robotic cleaning market growing exponentially

The International Federation of Robotics forecast that the global market for vacuum cleaning robots, lawn-mowing robots and other household cleaning robots will grow at a compound annual growth rate...
13 February 2017, by

Lady Gaga, 300 Intel drones, and the Super Bowl

Three hundred drones flashed their colored lights and created a flying American flag as Lady Gaga sang a blend of "God Bless America” and "This Land Is Your Land" to 160 million viewers of the Super...
07 February 2017, by

January fundings, acquisitions, IPOs and failures

January fundings for robotics-related startups totaled over $123 million - a reasonable start for the new year. For acquisitions, three of the six companies acquired reported that $390.5 million trad...
03 February 2017, by

Factory move to U.S. creates jobs with help from robot workforce

By investing $6 million in robots, Bicycle Corporation of America (BCA) was able to take back 10% of their manufacturing from China and place it into a new factory in Manning, South Carolina employin...
25 January 2017, by

$250 million awarded to new Advanced Robotics Manufacturing Innovation Hub

Headquartered in Pittsburgh, PA, the new institute is made up of governments, industry, academia, and non-profit organizations from across the country. Combined they have contributed $173 million t...
18 January 2017, by

21 research reports forecast double-digit growth for robotics industry

After reading all the press releases for this batch of 21 research reports, one can see that although they vary widely in their forecasts they almost all agree that the robotics market is expected to...
16 January 2017, by

Parrot struggling, Lily fails and Google closes Titan Project as drone industry disunites

Toy and entertainment drones, camera drones for professional and business use, moon-shot drones and military drones are all becoming more and more distinct as much of the drone industry gets commodit...
13 January 2017, by

Rethink Robotics raises another $18 million

Rethink Robotics, the Boston-based maker of the Baxter and Sawyer robots founded by iRobot co-founder Rodney Brooks, raised an additional $18 million in an unfinished $33 million Series E round led ...
12 January 2017, by

Teledyne Technologies acquires British imaging sensor maker E2V Technologies

Teledyne Technologies, which specializes in deepwater gas and oil exploration and production, oceanographic research, air and water quality environmental monitoring, electronics design and developmen...
15 December 2016, by

Robots may save the global economy

A recent article in The Washington Post by Morgan Stanley strategist and author of "The Rise and Fall of Nations" Ruchir Sharma, provides a nuanced overview of the issues of jobs, robots, productivi...
13 December 2016, by

Liquid Robotics acquired by Boeing Defense, Space & Security

In a move consistent with many other recent acquisitions of stars within the robotics industry, Liquid Robotics announced that they sold their company to Boeing's Autonomous Systems for Defense, Spac...
12 December 2016, by

Beijing World Robot Conference drew big crowds and notable speakers

The Beijing World Robot Conference (WRC), sponsored by Beijing City, the Ministry of Industry and Information Technology, and the China Association of Science and Technology, was held October 21-25. ...
07 December 2016, by

Self-driving cars, networks, and the companies and people that are stimulating development

Intel is establishing an autonomous driving division; hacker George Hotz is open-sourcing his self-driving software in a bid to become a network company; LiDAR and distancing devices are changing. Wh...
06 December 2016, by

November fundings, acquisitions, IPOs and failures

Seventeen robotics-related companies got funded for a combined total of over $225 million. Four more got acquired. Three went public to raise funds. And one failed....
01 December 2016, by

US auto industry installed 135,000 robots and added 230,000 jobs

In the last six years, (2010–2015), according to the IFR (International Federation of Robotics), US industry has installed around 135,000 new industrial robots. The principal driver is automation ...
24 November 2016, by

Let’s hope Trump does what he says regarding robots and robotics

In President-elect Trump's interview with the NY Times yesterday, when discussing jobs, closed factories and factories that may leave the country, he was asked: "Are you worried that those companies w...
23 November 2016, by

Two robotic stock IPOs coming to market

For the last few years, there have been very few stock IPOs (Initial Public Offerings). Promising companies have been acquired instead, eg: Kiva Systems and Universal Robots. But two robotics-relate...
22 November 2016, by

Lofty goals crash land while B2B drones prosper

Key executives leaving (or were requested to leave) Goggle's drone delivery Project Wing; GoPro recalls all of its newly launched Karma drones and doesn't offer a replacement; DJI slashes prices. What...
15 November 2016, by







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