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Sanswire’s Compelling, Clouded Vision

Travails of airship developer Sanswire illustrate the potential and the pitfalls of the nascent, lighter-than-air, persistent surveillance platform market.

InTouch Health Positions Itself for Public Offering

InTouch Health, a developer of technologies that enable physicians to remotely perform real-time consults and diagnosis with hospital patients, recently raised $10 million in a private placement. $6 million of the funding came through Beringea, Michigan’s largest venture capital firm,...

Demographic Trends Trump Quarter-to-Quarter Noise for MAKO Surgical

On May 6, MAKO Surgical (NASDAQ: MAKO) reported its Q1 2010 operating results. The provider of robotic surgical platforms and minimally invasive surgery (MIS) implants announced that first quarter revenue totaled $7.2 million, a 94 percent increase over the same...

Implications of AAI’s UAS Fee-for-Service Announcement

AAI Corp., an operating unit of Textron Systems, a Textron Inc. (NYSE: TXT) company, announced in February that it was expanding its unmanned aircraft systems fee-for-service efforts to included civil, commercial, and scientific entities, as well as military customers. This...

For Boston Engineering, Robotics Deeds Speak Louder Than Words

For Boston Engineering, Robotics Deeds Speak Louder Than Words

Boston Engineering Corp. (BEC) resembles a number of smaller product and consultancy firms operating in the robotics arena. The privately held, Waltham, Mass.-based company was founded in 1995 by mechanical and electrical engineers as an engineering services firm offering end-to-end,...

Boom and Bloom for UAS and Acronyms

The military unmanned aerial systems (UAS) industry continues to boom and bloom. The “boom” results from a market that is rapidly growing in both revenue and the number of deployed systems. New applications–prototyped, developed, and fielded–provide the “bloom.” Here’s a...

Financing Is Secondary to Aethon-Bosch Partnership

Aethon Inc., a developer of mobile robots for hospital supply chain automation, recently secured $6.6 million in financing led by Robert Bosch Venture Capital GmbH (BVCG). BVCG contributed $5 million, with the remainder coming from Trident Capital, Pacific Venture Group,...

AnyBots Seeks to Monetize Remote-Controlled Mobile Telepresence

Anybots Inc. was founded in 2001 by Trevor Blackwell, using personal funds resulting from the sale of ViaWeb, a web-based authoring tool for building online stores, to Yahoo (ViaWeb became Yahoo! Store). In January 2009, the Mountain View, Calif.-based Anybots...

Does Robotics Increase STEM Interest?

It is taken on faith that robotics promotes a greater interest in science, technology, engineering, and mathematics (STEM) on the part of young people. But does it? Anecdotally, the results are clear–robotics absolutely encourages STEM interest. For example, success stories...