Despite the ongoing pandemic, robotics investment and acquisition activity did not slow down in August 2020, with funding flowing to autonomous vehicles, industrial automation, and drones.
Robotics fundings, mergers, and acquisitions in July 2020 stayed at comparable levels with transactions from a year ago and June.
In June 2020, investment and acquisition activity picked up a bit for autonomous vehicles, mobile robots, healthcare systems, and industrial automation.
The novel coronavirus pandemic slowed global manufacturing as investors look to the future of transportation.
Despite strong economic headwinds from global shutdowns in response to the COVID-19 pandemic, some funding and merger activity continued in April 2020, particularly in healthcare, transportation, and manufacturing.
As the COVID-19 pandemic slowed global manufacturing and trade, investments in robots, drones, and self-driving cars continued in March 2020, with both more shutdowns and an eventual recovery to come.
Modular robotics are currently a niche market, but the need for flexibility could propel demand, predicts one global market analyst.
Diligent Robotics plans to use its funding to scale its Moxi mobile manipulation system to a wider customer base and to expand its hardware and software product development.
The Sense One flash camera from Sense Photonics is a 3D, solid-state lidar that promises to help autonomous robots and vehicles see farther and more safely.
MODEX 2020 was affected by the COVID-19 pandemic, but exhibitors and attendees expressed optimism about the supply chain robotics market.
Event seeks speakers and presentations around the design, development, manufacturing and delivery of commercial-class robotics systems.
Software developed with Finger Food ATG helps students learn to code through the use of SoftBank Robotics’ Pepper humanoid robot.
Dell Technology Ventures leads funding round, as SiLC develops integrated FMCW lidar for autonomous vehicles, machine vision, and augmented reality.
Field robots, industrial automation, self-driving vehicles, and healthcare systems received funding in February 2020.
AeroVironment, which claims to be the largest supplier of drones to the U.S. military, is also an example of a pure-play robotics company that is profitable.
Pony.ai is the latest self-driving car company to get funding, bringing its valuation to more than $3 billion.
Visual inspection in manufacturing, mobile robots in warehouses, and drone infrastructure inspections are just some of the IoT applications for the new Brain Builder SDK.
While global manufacturing faces significant economic, policy, and competitive challenges, industrial automation is still a high priority, found one CFO survey.
Rather than take jobs, robots can address HR concerns about recruitment, morale, and retention through safe collaboration and improved work environments, states a KUKA VP.
Toyota, Samsung, and iRobot were among the investors in Intuition Robotics, which has developed the ElliQ social robot and Q cognitive engine.
In January 2020, robotics investments and mergers and acquisitions showed continued strength across applications, even as economic challenges affected manufacturing and food service robots.
Nomagic, a Polish startup whose Magicloader system uses AI and the cloud to pick and place products, has raised seed funding and added a former Amazon executive as an advisor.
Cruise Origin is an electric, driverless, ride-sharing vehicle that’s ready for production.
The Robot Report, sibling site to Robotics Business Review, tracked $1.9 billion in robotics transactions in December 2019, including funding for aerospace, logistics, and healthcare applications.
The use of drones in construction is expected to rise, particularly as surveyors, builders, realtors, and insurers apply new techniques such as AR and VR for gathering and understanding data.