LG Electronics (LG) has committed USD 10 million as a key limited partner in SBVA’s newly established USD 130 million Alpha Intelligence Fund (AIF). This move marks a significant investment by LG in startups focusing on artificial intelligence (AI), deep tech, and robotics. The Alpha Intelligence Fund aims to identify and support high-growth potential startups […]
Ericsson has unveiled the opening of registrations for the fifth edition of its Digital Lab program, designed to equip high school students in Rome, Milan, Genoa, Naples, and Pagani with advanced digital skills. This innovative training initiative aims to complement traditional education with hands-on digital expertise, preparing future talents to understand the technology-driven job market […]
Nordson EFD, a subsidiary of Nordson Corporation (NASDAQ: NDSN) and a frontrunner in the manufacture of precision fluid dispensing systems, has unveiled its latest advancements in automation technology—the GVPlus and PROX families of automated fluid dispensing solutions. These innovations are set to redefine standards in precision and flexibility for various manufacturing sectors, heralding a new […]
Accenture (NYSE: ACN) and Mujin, a pioneering force in intelligent robotics for the manufacturing, logistics, and supply chain sectors, have announced a groundbreaking joint venture (JV), Accenture Alpha Automation, aimed at transforming the manufacturing and logistics industries. With a 70% stake held by Accenture and 30% by Mujin, this collaboration is poised to redefine how […]
Nauticus Robotics, Inc. (NASDAQ: KITT), a pioneering developer of ocean robots and artificial intelligence for offshore industries, announced a service contract with Shell plc (NYSE: SHEL). The initial deal includes inspection services for a Shell subsea field in the Gulf of Mexico. This partnership is a result of Nauticus Robotics successfully completing a qualification phase […]
In a major move to strengthen its position in European automation, ABB has announced a $280 million investment to build a new Robotics European Campus in Västerås, Sweden. Slated to open in late 2026, the state-of-the-art facility will replace existing robotics operations at the site and focus on AI-enabled collaborative and industrial robots. This initiative […]
Olis Robotics, renowned for its cutting-edge remote monitoring, control, and troubleshooting solutions for industrial robots, successfully secured $4.1 million in a funding round spearheaded by PSL Ventures. Other contributors in this round comprise Tectonic Ventures, Ubiquity Ventures, and notable angel investors, including robotics trailblazer Daniel Theobald of MassRobotics and Vecna Robotics. Olis Connect: Revolutionizing Industrial […]
Mujin, a provider of intelligent automation solutions, has launched a cutting-edge robot called TruckBot to help with the unloading of truck and shipping containers. TruckBot will debut during ProMat 2023 to be held at McCormick Place, Chicago, which will allow visitors to see its capabilities in Mujin’s stall. With the hourly capacity to unload up […]
Amazon acquisition of Cloostermans : Online retailing giant Amazon is acquiring Belgium-based mechatronics company Cloostermans to expand the deployment of robotics for warehouse automation. The financial terms of the deal were not revealed. The acquisition is expected to help the retailer in stepping up the usage of customized technology to innovate the workplace and make […]
Tata Consultancy Services (TCS) said that its strategic business unit TCS iON has joined forces with Nettur Technical Training Foundation (NTTF) to launch industry-led skilling programs. Nettur Technical Training Foundation is an Indian technical and vocational education and training institute. The partners will offer high-demand skill development programs across the areas of robotics, manufacturing, automation, […]