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From robotic tire changers, to Amazon’s iRobot acquisition, to Hyundai’s new Boston Dynamics AI Institute, there was no scarcity of thrilling robotics information final month.
Listed below are the ten hottest robotics tales on The Robotic Report in August. Subscribe to The Robotic Report Publication to remain up to date on the robotics tales you want to find out about.
10. Amazon shopping for iRobot for $1.7B
Will Astro, Amazon’s underwhelming shopper robotic, quickly have the ability to clear flooring? In all probability not. However Amazon upped the ante in its shopper robotics sport by saying it’s buying iRobot, maker of the favored Roomba robotic vacuum sequence, for about $1.7 billion. Amazon will purchase iRobot for $61 per share in an all-cash transaction, together with iRobot’s internet debt. Completion of the transaction is topic to customary closing circumstances. Learn Extra
9. GrayMatter Robotics’ sanding answer brings in $20M
GrayMatter Robotics introduced that it has raised $20 million in Collection A funding. The corporate’s Scan&Sand system is a versatile robotic sander that may rapidly modify to things with complicated geometry. Scan&Sand works in high-mix, high-variety manufacturing services, and goals to extend productiveness and improve high quality consistency whereas saving prices. The system stands out from typical robotic sanders that solely work in mass manufacturing eventualities. Learn Extra
8. Classes discovered in medical robotics improvement
Everybody desires to be modern, however not often is innovation a lightning strike of genius – particularly throughout the robotics business. As an alternative, it’s an intentional course of and methodology. This course of is refined and modified over time to allow a corporation’s capability to suppose creatively and execute successfully. That is significantly vital when you find yourself fixing issues in robotics which have many variables and can’t be clearly outlined. Learn Extra
7. Inside DHL’s robotics ecosystem
DHL is utilizing robotics to help quite a few warehousing and logistics duties. DHL innovates its logistics workflow and the instruments and applied sciences deployed in DHL distribution facilities world wide, as the corporate frequently improves its effectivity. Sally Miller, DHL Provide Chain’s chief data officer for North America, not too long ago spoke to The Robotic Report concerning the kinds of robots the corporate makes use of and the innovation cycle it employs to search out the best options. Learn Extra
6. iRobot shedding 10% of workers
iRobot, the maker of the favored Roomba robotic vacuum, is shedding 10% of its workers, or about 140 staff. The layoffs are a part of a restructuring that iRobot stated will save the corporate as much as $10 million in 2022 and between $30-$40 million in 2023. iRobot introduced the layoffs on August 5, 2022 in its Q2 earnings outcomes. This was the identical day iRobot introduced it was being acquired by Amazon for $1.7 billion. Learn Extra
5. Ottonomy closes $3.3M seed spherical and broadcasts Ottobot 2.0
RBR50 2021 honoree Ottonomy.IO accomplished its seed spherical funding of $3.3M. Connetic Ventures, Deeptech fund pi Ventures, and Branded Hospitality Ventures participated on this spherical. The corporate additionally introduced an up to date model of its autonomous supply robotic known as Ottobot 2.0. With the closing of the seed spherical, Ottonomy.IO has raised a complete of $4.9M. The corporate has a variety of buyers throughout the hospitality sector. Learn Extra
4. AMR maker Seegrid lays off 90 staff
There have been “important” layoffs at Seegrid, a Pittsburgh-based developer of autonomous cellular robots (AMRs). Jim Rock, CEO of Seegrid, stated about 90 staff had been let go. The Robotic Report has additionally seen a number of now-former staff put up concerning the layoffs on LinkedIn. One in all them stated the layoffs had been a part of an organization restructuring. Learn Extra
3. Inside Amazon’s robotics ecosystem
A decade after Amazon made its first foray into robotics with its acquisition of Kiva Techniques, the e-commerce big is buying iRobot for $1.7 billion. Whereas completion of the transaction remains to be topic to customary closing circumstances, the deal expands Amazon’s already intensive robotics portfolio. Right here’s a have a look at the corporate’s robotics acquisitions, a few of its investments and its notable robots developed internally. Learn Extra
2. Hyundai launches Boston Dynamics AI Institute
Hyundai Motor Group (Hyundai) introduced the launch of the Boston Dynamics AI Institute. Hyundai and Boston Dynamics are making an preliminary funding of greater than $400 million to make basic advances in synthetic intelligence (AI), robotics and clever machines. The institute will probably be led by Marc Raibert, founding father of Boston Dynamics. Hyundai stated the title of the institute may change after its company registration is full. Learn Extra
1. RoboTire installs its first system at Low cost Tire
RoboTire introduced that it’s put in and began working its system at a Low cost Tire in Fountain Hills, Arizona. The system can substitute 4 tires on a passenger automobile in lower than 25 minutes. On the Low cost Tire, the RoboTire System will take away, elevate and set up tire and wheel assemblies. RoboTire hopes that its system will cut back technician accidents that may be attributable to repetitive heavy lifting. The system will probably be overseen by Low cost Tire’s technicians, who can even present stress monitoring and balancing providers. Learn Extra
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