Strech’s first commercial application is with DHL Supply Chain, a company that Boston Dynamics has been collaborating with since 2018.
Teradyne’s robotics group brings in $404M in 2022
This is a $28 million increase from the $376 million it brought in during 2021. In 2022, UR brought in $326 million, while MiR brought in $77 million.
Swisslog names new president and CEO of Americas region
Swisslog, a provider of warehouse automation and software, has named Sean Wallingford as its new President and CEO of Swisslog Logistics.
Brightpick brings in $19M for US expansion
Brightpick plans to use the latest round of funding to further expand into the US.
AutoStore launches modular cube storage system Pio
AutoStore has launched Pio, its Product In/Out warehouse automation system, in North America for the first time.
Hy-Tek Intralogistics acquires Winchester Industrial Controls
Hy-Tek Intralogistics announced that it has acquired Winchester Industrial Controls for an undisclosed amount.
Robot sales on track to hit a new high in 2022
North American robot sales are on track to reach record highs for the second year in a row according to A3.
Robco brings in $13.8M for its modular robotic arms
Robco, a Munich-based startup that builds modular robots to automate small to medium industrial businesses, brought in around $13.8 million.
Teradyne’s robotics group makes $89M in Q3
Teradyne’s industrial automation group saw a 2% decrease in revenue in Q3 2022 compared to the same time period last year.
IFR: robot installations hit all-time high in 2021
The International Federation of Robotics’ (IFR) world robotics report showed that worldwide installations reached 517,385 units.
Robot sales hit record high for 3rd straight quarter
The industry set a new record for robot sales in Q2 of 2022 with 12,305 robots sold, according to the Association for Advancing Automation.
Dexterity partners with Dematic to deploy full-task robots
This partnership is the next step in the two companies’ goal for Dematic to sell and deploy Dexterity robots globally.
GrayMatter Robotics’ sanding solution brings in $20M
GrayMatter Robotics’ Scan&Sand system is a flexible robotic sander that can quickly adjust to objects with complex geometry.
Berkshire Grey loses $29M in Q2 on $23.4M in revenue
Berkshire Grey saw $20 million in new orders in Q2 and currently has a backlog of $100 million in orders.
ABB: 62% of US businesses looking to invest in robotics
A survey from ABB found that 62% of U.S. companies indicated that they will invest in robotics and automation in the next three years.
Asetec joins RightHand Robotics’ partner integrator network
RightHand Robotics and Asetec have partnered together for future robotic logistics center integration projects in South Korea.
Walmart to put Symbotic system in 42 distribution centers
Symbotic’s partnership with Walmart was announced in July 2021, when Walmart planned to Symbotic’s system in 25 distribution centers.
RIOS announces $28M in funding
RIOS specializes in automating labor-intensive factories and warehouses with artificial intelligence and robotic workcells.
Formic brings in $26.5 million in Series A funding
Formic plans to grow its team across all areas of business, particularly in sales, engineering, finance and marketing.
Intelligent magnetic gripping revolutionizes ferrous automation applications
Festo, a Magswitch distribution partner since 2019, reports surging interest in the E-Series of intelligent magnetic grippers from Magswitch.
SVT Robotics raises $25M in Series A funding
SVT Robotics brought in $25 million in Series A funding to bolster its SOFTBOT program.
Berkshire Grey partners with AHS to deliver warehouse automation
This partnership enables AHS to implement Berkshire Grey sortation and ASRS solutions for warehousing, logistics and 3PL clients.