Financial

OrthoSpin’s robot-assisted external fixation system for orthopedic treatments is a platform used in DePuy Synthes’ Maxframe.

The funding will support regulatory and clinical programs leading to the commercialization of the MIRA, as well as for research and development efforts.

Based in Tel Aviv, Israel, Flytrex has operated its drone delivery service since 2017 in Reykjavik, Iceland. In 2020, it began deliveries in Fayetteville, North Carolina.

AutoStore’s Q3 revenue is up 95% from Q3 last year. So far this year, it’s brought in $234.4 million in revenue.

This is the first round of funding for the Swiss AMR navigation startup.

SVT Robotics brought in $25 million in Series A funding to bolster its SOFTBOT program.

Monarch is the first all-electric, autonomous compact tractor to come to market, targeted at small-medium sized farms.

Midnight Robotics creates retrofit kits that turn any tractor into an autonomous tractor.

Gaussian Robotics raised $188 million in Series C funding from Softbank Group’s Vision Fund, Capital Today and other investors to expand its overseas operations.

Sarcos said one-time expenses associated with the public merger with Rotor Acquisition Corp. led to increased losses.

Myomo said this is a 128% increase year over year and the highest quarterly revenue in the company’s history.

arculus brings AMR expertise while extending the Jungheinrich portfolio with a deep AMR-based product line.

Kodiak said the funding will be used to double its headcount, expand autonomous trucking services from coast-to-coast, and add more vehicles to its fleet.

Plus and blank check firm Hennessy Capital Investment Corp. terminated their SPAC merger. The companies said this was a mutual decision made because of “recent developments in the regulatory environment outside of the United States.”

Cognex said logistics was its largest end market. It added that the rise of e-commerce, shortening of supply chains, and adoption of automation are driving revenue.

Aurora is commercializing self driving technology for both passenger and long-haul trucking applications.

Terms of the deal were undisclosed, but Ottobock acquired 100% of suitX shares.

Nuro has raised $2.1 billion since it was founded in 2016. The company is reportedly now worth $8.6 billion.

Since 2018, the TM series cobot arms have been sold as a co-branded product globally through OMRON’s distribution network.

Formerly known as Cartica AI, Autobrains is developing its modular Cartex driving platform for Level 1-4 autonomous vehicles.

On the backs of Universal Robots and Mobile Industrial Robots, Teradyne’s industrial automation group generated $91 million in revenue in Q3 2021.

Fabric will use the funding to expand its tech across the general merchandise market and build microfulfillment centers across the U.S.