Manufacturing

Start-Up Profile – HeroWear – Low-cost Exosuit Reduces Worker Back Strain

HeroWear’s back-assist Apex exosuit, which reduces back strain when objects are lifted, can be adjusted to fit workers of all sizes — both men and women. Imagine that. By Dan Kara | February 5, 2021 Editor’s Note: Robotics Business Review‘s coverage emphasizes innovation, including start-up companies (or ‘young’ companies). RBR “Start-Up Profiles” highlight individual start-up companies using a consistent, templated format that makes for quick, yet informed reading, that also simplifies comparative analysis. HeroWear – Company Profile City: Nashville State: Tennessee Country: USA # of Employees: 10 URL: www.HeroWearExo.com Founded: 2018 Founder – Mark Harris (CEO), Karl Zelik (Chief Scientific Officer), and Matthew Yandell (Chief Innovation Officer) Funding Status – Not disclosed. The Apex...

Start-up Profile – Flexiv – ‘Adaptive’ Robotics Solutions Empowered by Advanced Force Control

Flexiv provides turnkey automation solutions based on adaptive robots powered by advanced force control, computer vision and AI technologies. By Dan Kara | November 29, 2020 Editor’s Note: Robotics Business Review’s coverage emphasizes innovation, including start-up companies (or ‘young’ companies). RBR “Start-Up Profiles” highlight individual start-up companies using a consistent, templated format that makes for quick, yet informed reading, that also simplifies comparative analysis. Flexiv – Company Profile City: Santa Clara State: California Country: USA # of Employees: 100 URL: www.flexiv.com Founded: 2016 Founders – Shiquan Wang (CEO), Xiyang Yeh (CTO), Shuyun Chung (Chief Robotics Scientist) Funding Status – Series A+, with over US $22M funding amount in total Flexiv provides a one-st...

RoboBusiness Direct to Examine Industrial Automation Using ROS, UV Disinfection Robots Using 3D Vision

In his RoboBusiness Direct session, a Robot Operating System expert at the Southwest Research Institute how do develop safe advanced automation. In addition, a DreamVu robotics expert will break out how omnidirectional 3D vision can help disinfection robots. By RBR Staff | November 27, 2020 Listen to this article Manufacturers of aerospace parts, heavy machinery, and other industrial equipment require large automated systems for painting, surface finishing, inspection, and more. These systems often employ a gantry outfitted with an industrial manipulator to extend the work envelope over many meters. Due to their sheer size and associated costs, such automation must perform multiple operations to provide an adequate return on investment. Automating such large, multi-process-systems poses ch...

The Future of Robotics: Research to Commercialization – RoboBusiness Direct Session November 5, 2020

In this informative and wide ranging RoboBusiness Direct session, MassRobotics’ Executive Director Tom Ryden leads an all-star panel of robotics researchers and industry thought leaders to discuss that latest robotics and automation research and R&D initiatives, and the ways the resulting breakthroughs make their way into the commercial sphere. By RBR Staff | October 30, 2020 Listen to this article There is no charge to attend RoboBusiness Direct sessions. It is an exciting time to be in robotics. The $100+ billion global robotics sector has been growing by leaps and bounds. Industrial robots are no longer the exclusive domain of heavy industry or huge factories. A new generation of robotics systems, collaborative robots in particular, have expanded the customer base for robots to incl...

August 2020 Robotics Transactions Continue Strong Summer Pace

The COVID-19 pandemic has impeded business worldwide, but robotics research, development, and commercialization have continued through the summer. In August 2020, companies working on autonomous vehicles, industrial automation, and healthcare systems continued to receive significant investment. In August 2020, Robotics Business Review tracked 50 transactions worth a total of $2.3 billion (U.S.). In comparison, there were 47 deals worth about $1.9 billion in July 2020, and 43 transactions worth $2 billion in August 2019. As with last month, there was not a significant change year over year, despite the COVID-19 pandemic. Despite a 33% decline in global venture funding last month, according to Crunchbase, supply chain automation, aerial drones, and agricultural and service robot compani...

RoboBusiness Direct Fall 2020 Series Launches With Expanded Program

New Program, Ongoing GoalRoboBusiness Direct is designed to foster robotics innovation, expand robotics business opportunities, and build a community of like-minded problem solvers with the goal of driving the growth of robotics businesses, as well as the global robotics sector. Brightest Minds, Leading CompaniesMore than a webinar or virtual event, RoboBusiness Direct is an ongoing, integrated series of presentations and media coverage delivered by brightest minds from the leading robotics and automation companies from around the world. The program runs weekly from August 27, 2020 until December. More information about the RoboBusiness Direct speakers, sessions schedule can be found HERE. Registration for RoboBusiness Direct is now open. There is no charge to register for RoboBusiness Dir...

Robotics transactions continue to slow in April 2020, but bright spots remain

Although the COVID-19 pandemic began late last year in China and started affecting the global economy in March, it was April 2020 when the U.S. shut down as governments scrambled to contain the infection and its economic aftershocks. However, investment and mergers and acquisition continued to benefit automation for healthcare, cleaning, and supply chain applications. Robotics Business Review tracked about 26 transactions worth a total of more than $600 million last month, compared with 29 deals worth $2.7 billion in March 2020 and 30 transactions worth $6.5 billion in April 2019. However, there were no reported shutdowns, even as driverless car testing, startup activity, and technology conferences faltered. According to ABI Research, 2019 was a record year for robotics, with $49 billion i...