Sarcos Technology and Robotics Corporation yesterday announced its rebranding to Palladyne AI Corp. The shift in brand identity, set to reflect in the NASDAQ ticker symbol change to PDYN, symbolizes the company’s strategic pivot towards specializing in artificial intelligence and machine learning software for robotic systems. This development represents a transition from Sarcos’ traditional focus on physical robotics to a more software-centric approach.
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At the European Robotics Forum taking place in Rimini this week, the field of robotics is being discussed from a wide range of perspectives. In this video report, Rocking Robots offers a first impression and discusses the main trends in robotics with Professor Lorenzo Marconi from the University of Bologna.
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Bear Robotics, a company specializing in service robotics and artificial intelligence solutions, has recently completed a $60 million Series C funding round led by LG Electronics. This investment marks a substantial step for the Redwood City-based firm, as it aims to expand into new markets such as smart warehousing and supply chain automation. Bear Robotics plans to develop its next-generation robotics platform, which includes autonomous navigation systems and adaptive learning algorithms, to cater to the evolving demands of supply chains and manufacturing processes.
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Dexory has announced the launch of DexoryView, a new AI-powered logistics engine designed to enhance the efficiency of warehouse operations. This technology is used in warehouses manage their operations, focusing on optimizing operational efficiency, inventory management, and overall responsiveness.
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FANUC is set to reveal its new Power Motion i-MODEL A Plus (PMi-A Plus) motion controller at MODEX 2024 in Atlanta, Georgia. FANUC, traditionally recognized for their CNC machine tool controls and servo technology, is extending its technology to include general motion control equipment with the introduction of the PMi-A Plus.
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StratEdge, a company specializing in high-performance semiconductor packages, announced its participation in the upcoming IMAPS Device Packaging Conference. This event, scheduled for March 19-20, 2024, in Fountain Hills, Arizona, will feature StratEdge’s latest developments in package manufacturing.
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Bots & BusinessInternational
Odense brings together robotic investors and tech startups from all over Europe
At next week’s R-24 robotics event in Denmark, Odense Investor Summit will once again bridge the gap between investors and startups. This year’s summit has a high international level with startups from all over Europe.
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Wilder Systems, an Austin, Texas-based automation supplier, has innovatively developed a robotic system designed to automate the process of airplane washing in aerospace manufacturing. Using the software of RoboDK, this significantly reduces the manual labor involved in this essential but time-intensive task. It effectively cuts aircraft washing time by 95%.
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A recent report on the Europe Industrial Robotics Market indicates a significant growth trajectory for the industrial robotics sector in Europe. This market is projected to increase from USD 4.5 billion in 2022 to USD 9.87 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 10.3% over this period.
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At Mobile World Conference TECNO has introduced Dynamic 1, its first AI-enhanced robotic dog, and Pocket Go, a combination of AR glasses and a Windows gaming handheld set. Additionally, the company introduced its new PolarAce imaging system, which utilizes AI for mobile video imaging.