Samsung Electronics has announced plans to increase its stake in Rainbow Robotics to 35%, making it the company’s largest shareholder. Facilitated through a call option, this move integrates Rainbow Robotics as a subsidiary under Samsung’s consolidated financials and accelerates
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Pickle Robot Company, a developer of AI-driven robotic systems for automated truck unloading, has announced that it has successfully raised $50 million in Series B funding.
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Gleason has expanded its nano series by introducing its 175GMS nano Gear Metrology System, which delivers sub-micron-level inspection capabilities to smaller gears. Building on the success of the 300GMS nano platform, the 175GMS nano ensures minimal noise, greater precision, and longer gear life. The 175GMS nano is designed to comprehensively inspect gears up to 175 […]
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ABB Robotics & Discrete Automation has announced its 2024 Robotics AI Startup Challenge, a new global competition to accelerate AI development in robotics while fostering international innovation and further collaboration with startups and scale-ups. As a key part of ABB’s innovation ecosystem, this challenge follows the company’s June 2024 acquisition of Sevensense, a Swiss startup […]
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Murata Machinery USA (Muratec), a leading provider of industrial automation solutions, has announced that it is now celebrating its 50th anniversary in North America. Throughout 2024, the company will organize various events to honor this milestone. Operating as a subsidiary of Kyoto, Japan-based Murata Machinery Ltd., Murata Machinery USA provides sales, service, and support for […]
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Sensor technology industry experts Leuze has announced its strategic move to Duluth, Georgia, which will also serve as its new location in the USA. The company’s decision to relocate was based on careful consideration of how to support its long-term strategic growth targets. The new location offers a modern and spacious environment for Leuze’s U.S. […]
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