Paderborn-based start-up Unchained Robotics has received €5.5 million of capital which will continue to fuel their global expansion and deepen their services and partnerships. Future Industry Ventures, Teklas Ventures, vent.io, and existing investors including business angels in the industry are backing the company. Unchained Robotics aims to use the investment to expand its sales and services, and to serve the booming demand for its new MalocherBot into a wider range of applications.
robotics
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The global automotive manufacturing equipment market is poised for substantial growth, with the market size estimated to expand from USD 6.7 billion in 2023 to USD 11.4 billion by 2028, at an impressive CAGR of 11.1% during the forecast period from 2023 to 2028. This growth is driven by multiple factors, including the rising demand for automobiles, especially in emerging markets, prompting manufacturers to expand their production capabilities.
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Teradyne has named Ujjwal Kumar as Group President – Teradyne Robotics. Kumar’s 25-year career has spanned multiple industries and major multi-national corporations, including General Motors, General Electric, and Honeywell. Kumar succeeds Greg Smith who was promoted to Teradyne’s CEO in February this year.
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This year’s Odense Investor Summit held at automatica, the world’s leading smart automation and robotics exhibition in Munich, showcased the potential future of the robotics industry with nine strong cases vying for recognition. After an intensive pitch process and questioning from an expert panel, Aim Robotics emerged as the winners of the 2023 Odense Investor Summit.
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Denmark and the United States are reaching across the Atlantic to foster mutual growth in the burgeoning robotics industry. The partnership, announced at the automatica trade fair in Munich, between Odense Robotics, Denmark’s national robotics cluster, and the Pittsburgh Robotics Network, a key hub in the US, is designed to bolster both nations’ standing in the sector.
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Roberta Nelson Shea, Universal Robot’s Global Technical Compliance Officer, has received the the world’s most prestigious robotics prize, the Joseph F. Engelberger Robotics Award, often described as the Nobel Prize of robotics. She received the award at a ceremony at the Automate Show in Detroit.
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The North American robotics market showed strong growth: Total installations in manufacturing rose by 12% and reached 41,624 units in 2022. Number one adopter is the automotive industry: companies based in the US, Canada and Mexico installed 20,391 industrial robots – up 30% compared to 2021. These are preliminary results, presented by the International Federation of Robotics (IFR).
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Bots & BusinessInternationalPeople in RoboticsSpotlight
Discover the Future of Robotics and Intelligent Automation at automatica 2023: Trends, Challenges, and Solutions
“Our time is characterized by major global challenges such as climate protection, supply chain resilience, lack of specialists, and the establishment of digital production facilities Rocking Robots sat down with Anja Schneider, Exhibition Director of automatica, to discuss the growing significance of automatica as the world’s leading exhibition for intelligent automation and robotics, and the rapidly evolving role of robotics in organizations.
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Bots & BrainsBots & BusinessBots in SocietyInternationalPeople in RoboticsSpotlight
Videoreport: ERF 2023
‘We want them to come back to the robot community in Odense’, say both Christian Schlette and Morten Nielsen in this Rocking robots videoreport from ERF 2023. This major European robotics event was hosted last week in Denmark, receiving over 1,200 participants from academia, government and business.
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Bots & BrainsBots & BusinessBots in SocietyInternationalPeople in RoboticsSpotlight
Video: Trends in robotics at ERF 2023
The future of robotics is intelligent machines, working together with and augmenting the skills of humans. Marco van der Hoeven reports on the trends at ERF 2023, which is hosted this week at Odense , Denmark.