The ARM Institute has announced the selection of four new robotics and artificial intelligence projects under its 25-01 Core Technology Project Call, reinforcing continued federal and industry investment in advanced manufacturing technologies across the United States.
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The Strategic Development Fund (SDF) has announced an initial investment and partnership agreement with Machina Labs, establishing a framework to explore a joint venture focused on advanced robotic manufacturing in the UAE and the wider region.
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Samsung Electro-Mechanics, a global industry expert in electronic components, system integration, and advanced manufacturing technologies, has made a multimillion-euro investment in Alva Industries to support the scaling of advanced electric motor technologies for robotics applications.
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Square Robot, Inc., an industry expert in robotic inspection of industrial storage and energy infrastructure, has completed a Series B funding round and entered into a strategic collaboration with Marathon Petroleum Corporation. This integrated downstream and midstream energy company operates the most extensive refining system in the United States.
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The European Investment Bank (EIB) and Comau have signed a €50 million financing agreement to support Comau’s research, development, and innovation activities in robotics, advanced automation solutions, machine tools, and digital technologies across multiple industrial sectors.
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Agile Robots, global industry experts in AI-enabled robotics and industrial automation, have announced plans to acquire assets of thyssenkrupp Automation Engineering in Europe and North America. The automation engineering business has previously operated within the Automotive Technology segment of thyssenkrupp AG and brings decades of experience delivering complex production systems to the global automotive industry.
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SoftBank Group Corp. (SBG) has announced that it has entered into a definitive agreement to acquire ABB’s robotics business for a total purchase price of approximately USD 5.375 billion (JPY 818.7 billion). The transaction, approved by SBG’s Board of Directors, remains subject to customary regulatory approvals in the European Union, China, and the United States, with […]
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Toronto-based Xaba, developer of a generative AI platform for zero-code industrial automation, has raised $6 million in seed extension funding led by Hitachi Ventures.
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Freespace Robotics have announced a strategic partnership and investment from the Automation Solutions business of Matthews International Corporation, a provider of warehouse automation software, controls, and order fulfillment systems.
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SICK, a global provider of sensor-based automation solutions, has announced the acquisition of Accerion, a Dutch technology company specializing in AI-based image processing for mobile robot positioning.
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