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

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

Report: logistics sector will rise to second place in use of collaborative robots by 2023

Source: Supply Chain Quarterly Applications led by material handling, assembly, and pick & place, Interact Analysis says. Vendors shipped more than 19,000 collaborative robots—or cobots—in 2018 as they generated a faster increase in global revenue than any other sector of the robotics industry, led by applications in material handling, assembly, and pick & place, a new study shows. In 2018, global revenues from cobot production exceeded $550 million, almost a …Read More

Six trends shaping warehouses of the future

Source: Supply Chain Digital  By Mark Wilkinson, Supply Chain Consultancy Manager at Indigo Software In 2010, many warehouses would still have been regarded as a neglected cost centre. Now, moving into 2020, the warehouse is a carefully managed control centre and very often the strategic hub of e-commerce within an ever-extending supply chain. Exciting as it is to be entering a new decade, the business landscape has been transformed, with the …Read More

The Top 10 Collaborative Robot Industries in 2020

Source: ROBOTIQ / by Alex Owen-Hill Cobots are predicted to move into many industries in this new decade. Here’s our list of the top 10 industries where they will make their mark. Cobots are nothing new, right? If you’ve been reading this blog for a while, you’re probably already very familiar with collaborative robots (although, if this is the first Robotiq post you’re reading, welcome!!). But, there are some industries …Read More

Up Close and Personal with Locus Robotics’ Warehouse Robots

Source: Americaninno / by Emily McNeiece For those uninitiated into the world of warehouse robotics, Locus’ robots are truly a sight. They buzz around a warehouse like honeybees in a hive, stopping at shelves, interacting with humans, and navigating the narrow rows of shelving with their sensors. They work in tandem with their human co-workers, communicating through their touchscreens. Locus Robotics is a Wilmington-based robotics company that sells robots to warehouses …Read More

A third of supply chain pros use robotics, but cost and ROI remain barriers

Source: Supply Chain Dive / by Matt Leonard Dive Brief: About 32% of supply chain professionals say they are actively using robotics and automation, according to this year’s MHI Annual Industry Report. This number has gone relatively unchanged since 2016 when 35% of respondents said they were actively using robotics and automation, but anecdotal evidence and market value forecasts show warehouse robotics growing as companies seek labor savings at a time …Read More