Dexterous AI-Powered Robot Stanford Spinout Company RIOS Raises $5 Million

August 21, 2020

Source: Pulse 2.0 / by Dan Anderson RIOS — a developer of dexterous AI-powered robots for automating assembly lines — announced it raised $5 million in venture funding. RIOS — a developer of dexterous AI-powered robots for automating assembly lines — announced that it came out of stealth mode and raised $5 million in venture funding. This funding round was led by Valley Capital Partners (VCP) and Morpheus Ventures with …Read More

Robot-Based Bin Picking Set to Transform Manufacturing Sector

August 12, 2020

Source: Vision Spectra / by Grant Zahorsky, CANON USA Breakthroughs in path planning, collision detection, and detailed 3D point maps have made it easier for robots to more accurately find parts in bins, paving the way for advancements in bin picking. As the Fourth Industrial Revolution nears, companies all over the world will need to prepare for the immense changes coming their way. Machine vision, used in combination with artificial intelligence and deep …Read More

Pick, Path, Place

August 4, 2020

Source: Design Engineering / by Mike McLeod Universal Robot’s ActiNav kit puts autonomous bin picking and CNC machine tending within reach of SMEs. While commercial cooperative robots (cobots) have been available since the early 2000s, their popularity didn’t exploded until the past three to four years. In 2018 alone, global cobot market revenues grew to approximately US$567 million, a 56.6% increase over 2017. Similarly, cobots shipments that year totaled roughly 19,000, a year-on-year …Read More

August 2020