🚀 We've reached the halfway point of 2024, and the robotics industry has seen remarkable advancements over the past six months. From innovative deployments and developments in humanoid robotics to new partnerships, June 2024 was packed with exciting news. Here are the top 10 most popular stories on The Robot Report from last month. 🔔 #Robotics #Innovation #TechNews #June2024 #FutureTech #RoboticsNews
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We've reached the halfway point of 202 Four, and the robotics industry has seen remarkable advancements over the past six months. From innovative deployments and developments in humanoid robotics to new partnerships, June 2024 was packed with exciting news. Here are the top 10 most popular stories on The Robot Report from last month. Don't forget to subscribe to stay informed on the latest robotics updates #10AB Launches Omnicore platform for robotics. Control ABB Robotics has unveiled its next generation Omnicore platform, designed to control most of its automation line. Leveraging cloud computing, AI and perception technology, Omnicore offers enhanced flexibility, simplicity and efficiency for industrial robots. Omnicore replaces AB IRC 5 controller, which will be phased out by June 2026. The platform supports AI sensor. Cloud and edge computing systems, making it a future proof solution for advanced robotics applications. ABB is now accepting orders for Omnicore and a virtual conference for the platform will be held on June 4th, 2024. #9 Real-time Robotics and Mitsubishi Electric collaborate on motion planning. Real Time Robotics has developed software to coordinate multiple industrial robots safely and efficiently. Mitsubishi Electric recently invested in Real Time Robotics to help scale this technology. In June, Mitsubishi Electric visited Real-time Robotics to celebrate their collaboration. They demonstrated a work sold with four robot arms, optimizing their motion in seconds. Real Time software offers collision free motion planning, losing cycle times. And engineering efforts. Mitsubishi Electric plans to integrate this technology into its 3D simulator and future factory automation systems. This partnership aims to enhance efficiency for applications like welding and assembly. #8 NVIDIA highlights Omniverse and Isaac adoption in robotics. At Computex, NVIDIA CEO Jensen Huang unveiled how Nvidia's AI technologies, including Omniverse and Isaac SIM, are transforming robotics. These advancements support digital twin simulations and enhance the capabilities of autonomous mobile robots and industrial robotic arms. Nivdia introduced new robotics technologies at GTC, such as project Guru, OT Jetson, Thorne, Igla, Osmo. That manipulator and eyes of perceptor partners like Foxconn, Delta Electronics and Siemens are integrating these technologies to create virtual factories and advance AI driven robotic systems. Siemens and other industry leaders are leveraging Livity as technology to develop smarter autonomous robots for complex tasks. Intrinsic is using Nvidia's Isaac manipulator for versatile robotic gripping solutions over 100 companies. Including Hexagon and Boston Dynamics are adopting Nevadas Isaac SIM for robotics application simulation and testing. #7 Beep launches autonomous shuttles at Honolulu Airport. Beep Inc has launched an 18 month pilot program with the Hawaii Department of Transportation and Sustainability partners, introducing autonomous Mikey shuttles at Honolulu's Daniel Kay and New Way International Airport. These shuttles, named after the Hawaiian word for agile, operate alongside traditional wiki shuttles, providing safe and seamless transportation between airport terminals from 7:00 AM to 10:00 PM daily. Led by CEO Joe Moy, Beep emphasizes safety and integrated mobility solutions, supporting Hadat's efforts to modernize airport transportation with sustainable electric vehicles. This pilot program aims to evaluate the effectiveness of autonomous shuttles in enhancing airport efficiency and passenger transit. Number six, Greymatter Robotics secures $45,000,000 in Series B funding to enhance. Manufacturing productivity with AI driven robotics. Based in Carson, CA, the company aims to expand operations and meet growing customer demand. Founded in 2020 by Arian Kabir, SK Gupta, and Bruel Shah, Greymatter integrates proprietary AI technology with off the shelf robotics, sensors, and tools. They're Robotics as a Service model offers turnkey solutions that automate repetitive tasks, improve production efficiency, and reduce costs associated with scrap and rework. Gray Matters GMR AI technology allows robots to self program and adapt to various manufacturing environments, achieving high quality outputs and faster cycle times. Products like scan and sand and scan and Polish optimize finishing processes, enhancing sustainability by cutting consumption and waste by up to 30%. Deployed across sectors such as aerospace, defense and consumer products, Greymatter supports. Manufacturers in maintaining consistent quality and throughput amid workforce challenges. Led by Wellington Management with participation from NPP Capital and others, the funding underscores confidence and Greymatter's role in advancing manufacturing efficiency and sustainability. #5 Vecna Robotics raises more than $100 million. Higher Co to expand warehouse automation Based in Waltham, Mass, Vecna Robotics closed its Series C round with $100 million, including $40 million in new funding. This financing significantly boosts the company's valuation, validating its strategic direction and growth plans. CEO Craig Malloy emphasized the funding will enhance product performance and introduce new automation technologies aimed at revolutionizing. Material handling in warehousing and distribution, Vecna specializes in autonomous mobile robots and Pivotal software, optimizing supply chain workflows with the focus on self driving forklifts and pallet jacks. Collaborating with industry leaders like Giotis, Vecna Robotics has achieved substantial performance gains in warehouse operations, including case picking and cross docking workflows. The funding supports the launch of new platforms to expand deployment flexibility and reach into high demand sectors, ensuring operational cost savings from day one. To support expansion, Vecna appointed Michael Helmbrecht as Seoul, emerging his extensive experience in operations. In product strategy, the company aims to capitalize on the $165 billion palette, moving autonomy market, delivering rapid ROI to warehouse operators across industries. #4IE forms new study group under Ras to establish humanoid robot standards IEEE Robotics and Automation Society has launched a study group dedicated to defining standards for humanoid robots amid rising public interest and investment in this technology. Aaron Prather, director of Robotics at ASTM International, will chair the group, which aims to assess current standards, applicability, identify gaps, and. Suppose a road map for future standards development. The study group, open to industry, academia, and standards development organizations, has a year to deliver its findings, including an analysis of existing standards like ANTSY or RIA are one five point O 8 and potential roadblocks to new standards. With billions invested in humanoid research and deployment across various sectors, IE emphasizes the urgency of establishing standards. To ensure safe and efficient integration into diverse environments, Prather, scheduled to speak at RAVA Business 2024, underscores the need for proactive standards development to support rapid advancements in humanoid robotics. Interested parties can engage in the study group's activities through the IEEE Ras websites #3 Real Botics and Robotis Forged Development partnership. Real boticsformerlytokens.com Corp. Has partnered with Robotis, Inc to integrate Robotis advanced dynamixel actuators and motors into Real Botics's humanoid robots. This collaboration enhances Real Botics's ability to deliver lifelike movements and expand its market reach. Based in Seoul, Robotis specializes in robotic hardware and offers a range of components and platforms. Real Botics, headquartered in San Marcos, CA, focuses on humanoid robotics and. AI for human companionship Featuring customizable behaviors and expressive modular designs, the partnership aims to innovate in humanoid robotics and enhance user interaction and satisfaction. #2 Robotics investments soared to over $2.1 billion In May 2024. Robotics investments surged to over $2.1 billion, the highest monthly total of the year and well above the $1.2 billion twelve month average. This funding supported 38 companies, pushing the year's total to about $5.7 billion. The UK dominated funding due to waves large round outpacing the US. In China, U.S. companies LED in the number of rounds with 13, followed by China with eight. Overall, May 2024 saw two Series C rounds contribute $2.1 billion to the total, highlighting robust investor interest across different segments of the robotics industry. Number one Agility Robotics Digit Humanoid lands first Official job Agility Robotics achieved a milestone by deploying its Digit Humanoid robots with Joe XO Logistics under a multi year agreement. This marks the first commercial use of humanoid robots in industry, conducted through robotics as a service model at a Spanx facility in Connecticut. Joe EXO Logistics has deployed a small fleet of Digit robots, generating revenue for Agility. Robotics and pioneering humanoid use in logistics. CEO Peggy Johnson emphasizes the value of such deployments. Setting a new standard in robotics. Digit standing 5 feets 9 in tall and capable of lifting up to 35 LB. Efficiently handles various totes in the warehouse using Agility Arc, a cloud automation platform to integrate with existing systems and enhance operational efficiency. Looking ahead. Joe Exo Logistics and Agility Robotics plan to expand DIGITS role and explore more applications, aligning strategically to advance robotic capabilities for optimized warehouse operations. This deployment highlights Agility Robotics commitment to humanoid robotics innovation amid a competitive landscape of emerging technologies and industry advancements. Thank you for tuning in to our June 2020 for Robotics NEWS UPDATE. Stay ahead of the curve with the latest in robotics innovation and industry advancements. Don't forget to like, subscribe, and hit the bell icon for more updates. Have thoughts or questions? Drop them in the comments below. We love hearing from you. Until next time, keep innovating and exploring the future of robotics. See you soon.To view or add a comment, sign in