In a report released this week, the Robotic Industries Association said that for the first nine months of the year, North American robotics orders have declined while shipments have risen. A total of 15,731 robots valued at $978.5 million were ordered from North American companies in the first nine months of 2013, a decrease of
SRI International spin-off Grabit Inc., which has developed a patented electroadhesion technology for robotics, material handling, and industrial automation, has received Series A funding. The investment was led by venture capital firm Formation 8 with additional investments from ABB Technology Ventures and Nike Inc. The amount invested by each firm was not disclosed, but SEC
Adept Technology this week opened an application and demonstration center within the company’s Amherst, N.H., facility. The center is designed to give end users firsthand experience with the company’s industrial and mobile robots. Adept says the center will allow its customers and integrators to prove out advanced robotic packaging, handling, dispensing or assembling applications in real
Texas Instruments announced yesterday that it has become the first semiconductor company to install the AutoStore inventory management system. The company installed AutoStore in its Singapore product distribution center, which began ramping up this week and will be in full production by September. Texas Instruments says the installation represents the first such system in Asia. It was
Hello and welcome to The Business of Robotics! If you have even a passing interest in robotics, you know the field is exploding, having reached a technological tipping point that is bringing self-driving cars and robot co-workers out of the realm of science fiction and into reality. Just last week, a new $100 million dollar
