GM invests another $850M into Cruise as it expands manual operations
The Robot Report
by Brianna Wessling
14h ago
Cruise has resumed some operations in three cities. | Source: Cruise Despite a bumpy 2023, Cruise LLC isn’t nearing the end of the road yet. General Motors, its parent company, said last week that it would invest an additional $850 million into the autonomous vehicle developer. To date, GM has invested more than $8 billion into Cruise and hasn’t yet seen much of a return. In 2023 alone, the San Francisco-based company lost $3.48 billion. However, it doesn’t seem like GM is ready to take the route that Ford and VW did when those automakers shut down Argo AI. Its additional investment will hel ..read more
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Coboworx raises $12M to make robotics more accessible
The Robot Report
by The Robot Report Staff
14h ago
coboworx offers robotic solutions for machine tending and palletizing. | Source: coboworx coboworx last week brought in €11.4 million (about $12.2 million) in funding. The company plans to use the funding to expand its team, grow its product range, and tap into new markets. It’s also set to open a new location in Munich later this year. coboworx’s platform has a modular design that enables SMEs to start with specific systems for individual process steps and expand as needed. The company currently offers systems for palletizing and machine tending applications. Investors in the round included ..read more
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At CVPR, NVIDIA offers Omniverse microservices, shows advances in visual generative AI
The Robot Report
by Isha Salian
22h ago
As shown at CVPR, Omniverse Cloud Sensor RTX microservices generate high-fidelity sensor simulation from an autonomous vehicle (left) and an autonomous mobile robot (right). Sources: NVIDIA, Fraunhofer IML (right) NVIDIA Corp. today announced NVIDIA Omniverse Cloud Sensor RTX, a set of microservices that enable physically accurate sensor simulation to accelerate the development of all kinds of autonomous machines. NVIDIA researchers are also presenting 50 research projects around visual generative AI at the Computer Vision and Pattern Recognition, or CVPR, conference this week in Seattle. Th ..read more
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Korechi Innovations Pik’r-1500 robot retrieves golf balls at the U.S. Open
The Robot Report
by The Robot Report Staff
2d ago
The Pik’r ball-picking robot at the 2024 U.S. Open at Pinehurst. Source: Korechi Innovations While the 124th U.S. Open is all about human talent, skill, and composure under competitive pressure, robots are finding their place. As golfers practice their drives on the newly converted Cradle 9-hole course at Pinehurst Resort, the new Pick’r robot from Korechi Innovations Inc. is safely and efficiently retrieving balls. Korechi said the Pick’r-1500 is designed for rugged terrain. It features a durable steel frame and a thick stainless-steel shell to ensure operations in the harsh conditions of a ..read more
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Beep deploys autonomous shuttles at Honolulu airport with partners
The Robot Report
by Eugene Demaitre
2d ago
Wiki Wiki shuttles await passenger riders at the Daniel K. Inouye International Airport (HNL) in Honolulu. Source: Beep As millions of people in the Northern Hemisphere begin summer vacations, some of them will board autonomous vehicles for part of their journeys. Last month, Beep Inc. announced that it is working with the Hawai’i Department of Transportation, or HDOT, and Sustainability Partners to launch an 18-month self-driving shuttle pilot at Daniel K. Inouye International Airport, formerly HNL. “Through our partnership with Sustainability Partners, we’re honored that HDOT and HNL have ..read more
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NASA spinoff Seatrec offers a new power source for underwater robots
The Robot Report
by Brianna Wessling
3d ago
Seatrec’s infiniTE float is a subsurface ocean profiling platform that uses new power-generation technology. | Source: Seatrec Around 80% of the ocean floor remains uncharted today, and for good reason. The deep sea is an unforgiving environment. Between intense pressure, zero visibility, and extremely cold temperatures, individuals and organizations looking to shed some light on the area have massive challenges to overcome.  Robots will likely be a key driver of this exploration, but they have their own limitations. One of the most pressing among these is power. Batteries in subsurface ..read more
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RBR50 Spotlight: Instock turns fulfillment processes upside down with unique ASRS
The Robot Report
by The Robot Report Staff
3d ago
Organization: Instock Inc. Country: U.S. Website: instock.com Year Founded: 2020 Number of Employees: 11-50 Innovation Class: Technology Instock came onto The Robot Report‘s radar when it became part of the Amazon Industrial Fund’s portfolio of robotics investments. This is the same fund that invested in Agility Robotics and many other notable companies. Instock is taking a unique and flexible approach to automated storage and retrieval systems (ASRS). Most of these systems involve complex racking that moves bins around and places them onto autonomous mobile robots (AMRs) that bring thos ..read more
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Industrial robot shipments exceed 500,000 units in 2023
The Robot Report
by The Robot Report Staff
4d ago
  The industrial robot market is expected to grow by ~3.7% per year between 2024 and 2028. | Source: Interact Analysis Overall global industrial robot shipment volumes exceeded 500,000 units in 2023, Interact Analysis reports. The global market research firm says the industry is starting to bounce back from a 2023 low point.  Industrial robot shipments are similar to levels seen in 2022, although the average price of industrial robots decreased last year. The market saw record highs in 2021, and lows in revenues and shipments in 2023.  “The average price per unit of an industr ..read more
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Siemens introduces high-inertia 1FK7-HI servo motors
The Robot Report
by The Robot Report Staff
4d ago
Siemens Industry is expanding its 1FK7 servomotor family, with the introduction of a new high-inertia style. The higher rotor inertia of this design makes the control response of the new 1FK7-HI servomotors robust and suitable for high- and variable-load inertia applications. Siemens said these self-cooled 1FK7-HI servomotors provide stall torque in the 3 Nm to 20 Nm range and are offered in IP64 or IP65 with IP67 flange degree of protection, with selectable options for plain or keyed shaft, holding brake, 22-bit incremental or absolute encoders, as well as 18 color options. A mechanical deco ..read more
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ROBOTIS and Realbotix become official development partners
The Robot Report
by The Robot Report Staff
4d ago
ROBOTIS designed its Dynamixel-Y line of high-precision modular actuators forobotics applications. | Source: ROBOTIS Robots including humanoids are complex and typically require components from multiple suppliers. Tokens.com Corp., now known as Realbotix, this week announced a strategic partnership with ROBOTIS Inc. The companies said the agreement designates robotics and artificial intelligence developer Realbotix as an official partner to facilitate integration with technologies from ROBOTIS. As part of the agreement, Realbotix will have preferred purchaser status and pricing for ROBOTIS c ..read more
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