Will Europe outspend the U.S. on the future of global robotics?
By Casey Nobile
September 19, 2012
European Commision (EC) vice president, Neelie Kroes, signed a Memorandum of Understanding with European robotics manufacturers and research institutes on September 18 to launch a Public-Private Partnership (PPP) for the advancement of European robotics.
The PPP in Robotics is intended to seize a larger piece of the global robotics market by pooling the participants’ research and innovation efforts to increase commercial opportunity and solve social problems with robots.
“A strong robotics industry is key to Europe’s future competitiveness. Growing our robotics industry means new jobs and a strong European manufacturing sector,” said Kroes.
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