AMR

Falcon Group becomes the first System Integrator for OTTO Motors in the Middle East

Retrieved on: 
Wednesday, March 6, 2024

DUBAI, UAE, March 6, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced that it has named the Falcon Group of Companies as the first system integrator for OTTO Motors in the Middle East region.

Key Points: 
  • DUBAI, UAE, March 6, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced that it has named the Falcon Group of Companies as the first system integrator for OTTO Motors in the Middle East region.
  • Headquartered in Dubai, Falcon Group is a precision engineering company for a broad client base spread across oil & gas, power, automotive, aerospace, hospitality, and entertainment.
  • Falcon is a silver-level system integrator and software system integrator in the Rockwell Automation PartnerNetwork™ and was recognized in 2023 as the system integrator of the year for Europe, Middle East and Africa.
  • Wael Radwan, country sales director, Middle East, Rockwell Automation, said: "The appointment of the Falcon Group is a big step in our widening expansion and support within the region.

Locus Robotics Partners With Booktopia To Revolutionise Its Customer Order Fulfilment

Retrieved on: 
Tuesday, March 5, 2024

WILMINGTON, Mass., March 5, 2024 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (AMRs) for fulfilment warehouses, has partnered with leading online Australian book retailer, Booktopia, to enhance its customer order fulfilment processes at its new customer fulfilment centre at South Strathfield in Sydney.

Key Points: 
  • WILMINGTON, Mass., March 5, 2024 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (AMRs) for fulfilment warehouses, has partnered with leading online Australian book retailer, Booktopia, to enhance its customer order fulfilment processes at its new customer fulfilment centre at South Strathfield in Sydney.
  • Locus Robotics has partnered with leading online Australian book retailer, Booktopia.
  • Locus Robotics' cutting-edge AMR technology will propel Booktopia's fulfilment operations into the future, increasing efficiency, accuracy, and speed within its new distribution centre.
  • Rick Faulk, CEO, Locus Robotics, said: "This partnership reflects Booktopia's innovative forward-looking view of robotics and automation technology.

Locus Robotics Partners With Booktopia To Revolutionise Its Customer Order Fulfilment

Retrieved on: 
Tuesday, March 5, 2024

WILMINGTON, Mass., March 5, 2024 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (AMRs) for fulfilment warehouses, has partnered with leading online Australian book retailer, Booktopia, to enhance its customer order fulfilment processes at its new customer fulfilment centre at South Strathfield in Sydney.

Key Points: 
  • WILMINGTON, Mass., March 5, 2024 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (AMRs) for fulfilment warehouses, has partnered with leading online Australian book retailer, Booktopia, to enhance its customer order fulfilment processes at its new customer fulfilment centre at South Strathfield in Sydney.
  • Locus Robotics' cutting-edge AMR technology will propel Booktopia's fulfilment operations into the future, increasing efficiency, accuracy, and speed within its new distribution centre.
  • Locus Robotics' adaptable and intelligent robots have begun seamlessly navigating the warehouse floors, working collaboratively with human counterparts to ensure timely and precise order processing.
  • Rick Faulk, CEO, Locus Robotics, said: "This partnership reflects Booktopia's innovative forward-looking view of robotics and automation technology.

LG UNVEILS ADVANCED NEW AUTOMATED WAREHOUSE ROBOTS

Retrieved on: 
Tuesday, March 5, 2024

ATLANTA, March 5, 2024 /PRNewswire/ -- LG Business Solutions USA aims to set a new standard for warehouse efficiency and flexibility with the new LG CLOi CarryBot® family of autonomous mobile robots (AMRs) designed to intelligently navigate complex floor plans to move and deliver payloads in customizable configurations, with loading and unloading performed by workers.

Key Points: 
  • LG CLOi CarryBot will be officially launched in the United States at the MODEX 2024 trade show, March 11-14 in Atlanta.
  • Development of the new LG P5G network is leveraging the vast technical resources and deep expertise of global innovator LG Electronics.
  • "The new LG CLOi CarryBot can immediately begin solving warehouse inefficiencies by providing on-time movements and consistent, reliable operation that allows workers to stay within their zones and increase productivity," said Tom Bingham, Senior Director, LG Business Solutions USA.
  • "LG CLOi robots have already proven their navigation and automation prowess in a variety of industries and environments, and now warehouse owners and managers can shift their operations to more automated routines to improve efficiency and enhance daily productivity," Bingham said.

Floatic To Unveil its Autonomous Mobile Robotic Solution 'Floware' at MODEX 2024

Retrieved on: 
Tuesday, March 5, 2024

SEOUL, South Korea, March 5, 2024 /PRNewswire/ -- Floatic, a South Korean robotics solution provider for e-commerce warehouse automation, announced today that the company will showcase its proprietary autonomous mobile robotic solution at the upcoming MODEX 2024.

Key Points: 
  • SEOUL, South Korea, March 5, 2024 /PRNewswire/ -- Floatic, a South Korean robotics solution provider for e-commerce warehouse automation, announced today that the company will showcase its proprietary autonomous mobile robotic solution at the upcoming MODEX 2024.
  • MODEX 2024 will be held March 11-14 at Georgia World Congress Center in Atlanta, GA., and is expected to host more than 1,150 exhibitors and 50,000 attendees.
  • At its booth (#C3696), Floatic will demonstrate the company's AMR solution 'Floware,' which aims to bring the most optimal efficiency to warehouse centers, especially in the picking process.
  • The solution consists of 'Floatic Engine,' the core system and the platform for planning and managing orders most productively, and 'Flody,' the autonomous mobile robot for executing picking tasks with human workers.

Aided by the democratization of generative AI, the robotics AI chipset market is expected to reach US$866m globally by 2028 finds Omdia

Retrieved on: 
Tuesday, March 5, 2024

As generative AI (GenAI) technology continues to proliferate, foundation models are poised to replace or augment existing ML and deep learning models, creating more capable and robust robots.

Key Points: 
  • As generative AI (GenAI) technology continues to proliferate, foundation models are poised to replace or augment existing ML and deep learning models, creating more capable and robust robots.
  • Consequently, Omdia estimates the robotics AI chipset market to reach US$866 million globally, aiding the rise of GenAI in robotics.
  • Since Google demonstrated RT-1, a transformer for robotics applications, in 2022, multiple players have demonstrated substantial efforts to democratize the adoption of GenAI in robots.
  • Apart from Google, companies like Meta, OpenAI, and Toyota are trialing or testing a myriad of foundation models in their robotics applications.

PRECISIO BIOTIX THERAPEUTICS ACQUIRES LONDON-HEADQUARTERED CC BIO, ADDING WORLD-CLASS ANTIBACTERIAL PLATFORM AND TOP SCIENTISTS

Retrieved on: 
Friday, March 1, 2024

DOVER, Del., March 1, 2024 /PRNewswire/ -- Precisio Biotix Therapeutics ("Precisio") today announced the acquisition of CC Bio, creator of the ZEUS anti-bacterial lysin platform. This bio-informatics platform is highly complementary to Precisio's LysiThru™ high-throughput lysin screening system. CC Bio is led by UK-trained PhD scientists Dr. Matthew Cummings and Dr. David Corcoran. This announcement comes on the heels of global leading lysin scientist Dr. Raymond (Ray) Schuch joining Precisio as Vice President, Director of US Operations.

Key Points: 
  • DOVER, Del., March 1, 2024 /PRNewswire/ -- Precisio Biotix Therapeutics ("Precisio") today announced the acquisition of CC Bio, creator of the ZEUS anti-bacterial lysin platform.
  • CC Bio is led by UK-trained PhD scientists Dr. Matthew Cummings and Dr. David Corcoran.
  • Precisio thus far has been funded by family capital:  they are highly capital efficient and derisk their R&D whenever possible.
  • With the addition of CC Bio, Precisio has now brought together many of the top scientists in the field."

Retail Automation Market worth $44.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.
  • Retail automation market for the warehouse segment by implementation type to exhibit the highest market share during the forecast period.
  • Retail automation market for hypermarkets to hold high market share during the forecast period.
  • The retail automation companies includes many major Tier I and II players like Honeywell International Inc. (US), NCR VOYIX Corporation.

Retail Automation Market worth $44.3 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, February 29, 2024

Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on product type retail automation market for POS systems is expected to hold the highest market share during the forecast period.
  • Retail automation market for the warehouse segment by implementation type to exhibit the highest market share during the forecast period.
  • Retail automation market for hypermarkets to hold high market share during the forecast period.
  • The retail automation companies includes many major Tier I and II players like Honeywell International Inc. (US), NCR VOYIX Corporation.

Lancet Digital Health Publishes Study Confirming MAGENTIQ-COLO™ AI-aided Colonoscopy Technology Improves Adenoma Detection Rates

Retrieved on: 
Friday, February 23, 2024

HAIFA, Israel, Feb. 23, 2024 /PRNewswire/ -- MAGENTIQ-EYE LTD., an Israeli based technology company founded in 2014, announced today that a comprehensive study on the performance of MAGENTIQ-COLO™ CADe version has been published in the prestigious Lancet Digital Health medical journal.

Key Points: 
  • The research validates that MAGENTIQ-COLO is at the highest level of performance in the AI-aided colonoscopy category.
  • The study shows that MAGENTIQ-COLO™ increases adenoma detection rate (ADR) by 7% in absolute values.
  • In addition to ADR, the study also measured MAGENTIQ-COLO's impact on adenoma miss rate (AMR), and showed that with MAGENTIQ-COLO, AMR was 17% lower in absolute values.
  • "It is important to note that measuring changes in both ADR and AMR in a single study is a novelty.