Robotics

Locus wins 2022 IFOY Award for Top Autonomous Mobile Robot Solution

Retrieved on: 
Wednesday, July 6, 2022 - 8:00am

WILMINGTON, Mass., July 6, 2022 /PRNewswire/ -- Locus Robotics, the leader in autonomous mobile robots (AMR) for fulfillment warehouses, has won the 2022 IFOY Award for its Autonomous Mobile Robot Solution in the Automated Guided Vehicle (AGV/AMR) category following a comprehensive, three-stage audit held over a 5-day period. 

Key Points: 
  • WILMINGTON, Mass., July 6, 2022 /PRNewswire/ -- Locus Robotics, the leader in autonomous mobile robots (AMR)for fulfillment warehouses, has won the 2022 IFOY Awardfor its AutonomousMobileRobotSolution in the Automated Guided Vehicle (AGV/AMR) category following a comprehensive, three-stage audit held over a 5-day period.
  • "Locus Robotics is honored to be chosen as a 2022 IFOY Award winner," said Rick Faulk, CEO of Locus Robotics.
  • "The 10 years of the IFOY Award stand for 10 years of outstanding innovations," emphasized jury chair Anita Wrmser.
  • "The IFOY Award represents the best of the world's most innovative logistics technologies," said Denis Niezgoda, Vice President, EMEA & APAC of Locus Robotics.

Locus wins 2022 IFOY Award for Top Autonomous Mobile Robot Solution

Retrieved on: 
Wednesday, July 6, 2022 - 8:00am

WILMINGTON, Mass., July 6, 2022 /PRNewswire/ -- Locus Robotics, the leader in autonomous mobile robots (AMR) for fulfillment warehouses, has won the 2022 IFOY Award for its Autonomous Mobile Robot Solution in the Automated Guided Vehicle (AGV/AMR) category following a comprehensive, three-stage audit held over a 5-day period. 

Key Points: 
  • WILMINGTON, Mass., July 6, 2022 /PRNewswire/ -- Locus Robotics, the leader in autonomous mobile robots (AMR)for fulfillment warehouses, has won the 2022 IFOY Awardfor its AutonomousMobileRobotSolution in the Automated Guided Vehicle (AGV/AMR) category following a comprehensive, three-stage audit held over a 5-day period.
  • "Locus Robotics is honored to be chosen as a 2022 IFOY Award winner," said Rick Faulk, CEO of Locus Robotics.
  • "The 10 years of the IFOY Award stand for 10 years of outstanding innovations," emphasized jury chair Anita Wrmser.
  • "The IFOY Award represents the best of the world's most innovative logistics technologies," said Denis Niezgoda, Vice President, EMEA & APAC of Locus Robotics.

Worldwide Autonomous Vehicle Industry to 2027 - Featuring Daimler, Ford Motor, General Motors and Tesla Among Others

Retrieved on: 
Tuesday, July 5, 2022 - 8:30pm

The global autonomous vehicle market reached a value of US$ 42.2 Billion in 2021.

Key Points: 
  • The global autonomous vehicle market reached a value of US$ 42.2 Billion in 2021.
  • Looking forward, the publisher expects the market to reach US$ 297.3 Billion by 2027, exhibiting a CAGR of 38.46% during 2021-2027.
  • Autonomous vehicle (AV), or a driverless vehicle, refers to an automobile that can operate independently without any human intervention.
  • What is the structure of the global autonomous vehicle market and who are the key players?

CAPRIOTTI'S OPENS WING ZONE FLAGSHIP STORE IN NORTH LAS VEGAS, NEVADA

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Tuesday, July 5, 2022 - 5:00pm

LAS VEGAS, July 5, 2022 /PRNewswire/ -- Wing Zone, one of the nation's leading quick service brands serving made-to-order, flavor-packed chicken wings, announces the forthcoming grand opening of its new flagship store in North Las Vegas, Nevada, located at 1513 W Craig Rd, North Las Vegas on July 11, 2022. The new store marks a milestone in Wing Zone's expansion, bringing the chain's total footprint to 63 locations.

Key Points: 
  • LAS VEGAS, July 5, 2022 /PRNewswire/ -- Wing Zone, one of the nation's leading quick service brands serving made-to-order, flavor-packed chicken wings, announces the forthcoming grand opening of its new flagship store in North Las Vegas, Nevada, located at 1513 W Craig Rd, North Las Vegas on July 11, 2022.
  • They plan on following the same playbook to make Wing Zone another home run for the Las Vegas market.
  • "Wing Zone has built their success on great wings and award-winning flavors," said Capriotti's CEO Ashley Morris.
  • Bringing Wing Zone west will allow us to satisfy demand for better tasting, more flavorful and faster wings in Las Vegas and across the US."

Digi-Key Celebrates 10 Years of Support for FIRST Robotics

Retrieved on: 
Tuesday, July 5, 2022 - 4:30pm

In addition to its Diamond-Level sponsorship of the global FIRST Robotics Competition, Digi-Key supports the organization in a variety of ways closer to home.

Key Points: 
  • In addition to its Diamond-Level sponsorship of the global FIRST Robotics Competition, Digi-Key supports the organization in a variety of ways closer to home.
  • Digi-Key sponsors the Great Northern Regional competition in Grand Forks, North Dakota, and several Digi-Key employees have served as judges at the event.
  • "Digi-Key is extremely proud of our decade-long sponsorship of the FIRST Robotics community, both locally and around the globe," said David Sandys, senior director of technical marketing at Digi-Key.
  • Immense technical content , articles , videos , conversion calculators , reference designs and design tools can be accessed online at digikey.com .

BRV China-backed Service Robot Company Wissen Technology Completes US$10 Million Pre-A+ Series Financing

Retrieved on: 
Tuesday, July 5, 2022 - 2:00pm

BEIJING, July 5, 2022 /PRNewswire/ -- Wissen Technology (Shenzhen) Co., Ltd (Wissen Technology), a leading service robot innovator, raised close to US$10 million in a Pre-A+ Series financing led by BlueRun Ventures China ("BRV China").

Key Points: 
  • BEIJING, July 5, 2022 /PRNewswire/ -- Wissen Technology (Shenzhen) Co., Ltd (Wissen Technology), a leading service robot innovator, raised close to US$10 million in a Pre-A+ Series financing led by BlueRun Ventures China ("BRV China").
  • Founded in 2019, Wissen Technology has dedicated itself to redefine the industry of cobots by reaching new standards in flexibility, agility, elasticity and safety.
  • "The investment is meant to lift robotics innovation to a new level," said Wei CAO, Partner of BRV China.
  • The founding team of Wissen Technology said: "We are determined to deliver a brand-new user experience and expand the utility of elastic robots.

Medigus: ParaZero Signed a Non - Binding MOU to Provide Autonomous Safety Systems for Bon V Heavy Lift Cargo Drones

Retrieved on: 
Tuesday, July 5, 2022 - 1:30pm

Bon V provides AI-powered, unmanned aerial vehicles (UAVs), including multi-utility, heavy lift cargo vehicles.

Key Points: 
  • Bon V provides AI-powered, unmanned aerial vehicles (UAVs), including multi-utility, heavy lift cargo vehicles.
  • ParaZero will supply its autonomous safety systems for Bon Vs range of aerial logistics platforms, ranging from 250kg to 650kg MTOW.
  • Were incredibly excited to partner with their engineers on integrating our world-class safety systems into the Bon V heavy-lift and urban air mobility fleet, says ParaZero CEO Boaz Shetzer.
  • Equipping Bon Vs heavy lift drones with ParaZero SafeAir autonomous parachute recovery systems (BRS) will provide safety, design and regulatory benefits for Bon V.
    ParaZeros onboard drone safety systems, SafeAir can be integrated with uncrewed vehicles and eVTOL platforms of any size.

AITX's Subsidiary Robotic Assistance Devices Comments on June 2022 Sales Activities

Retrieved on: 
Tuesday, July 5, 2022 - 1:40pm

Detroit, Michigan, July 05, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has experienced its largest order intake month during June 2022.

Key Points: 
  • Detroit, Michigan, July 05, 2022 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., ( OTCPK:AITX ), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has experienced its largest order intake month during June 2022.
  • Our sales team and dealer channel delivered great results in June, said Mark Folmer, President of RAD.
  • June 2022 is the first month of the Companys 2nd quarter of its fiscal year 2023.
  • June was probably our most active month to date, said Steve Reinharz, CEO of AITX and RAD.

The Worldwide Pharmacy Automation Industry is Expected to Reach $8.2 Billion by 2027 - ResearchAndMarkets.com

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Tuesday, July 5, 2022 - 12:05pm

The pharmacy automation market is projected to reach USD 8.2 billion by 2027 from USD 5.6 billion in 2022, at a CAGR of 7.9% during the forecast period.

Key Points: 
  • The pharmacy automation market is projected to reach USD 8.2 billion by 2027 from USD 5.6 billion in 2022, at a CAGR of 7.9% during the forecast period.
  • Based on products, the pharmacy automation market is segmented into automated medication dispensing and storage systems, automated packaging and labeling systems, automated tabletop counters, automated medication compounding systems, and other pharmacy automation systems.
  • Pharmacy automation systems and solutions help in integrating and managing the entire pharmacy inventory and supply workflows.
  • Factors such as stringent regulatory standards for medication dispensing & patient safety, and the presence of top pharmacy automation system manufacturers in the US region are expected to contribute to the growth of the pharmacy automation market in North America.

Helix Energy Solutions Announces Completion of Acquisition of Alliance and Amendment to its ABL Facility

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Tuesday, July 5, 2022 - 12:00pm

The acquisition marks a meaningful step in our participation in the Energy Transition, and we are excited to welcome our new colleagues to the Helix family.

Key Points: 
  • The acquisition marks a meaningful step in our participation in the Energy Transition, and we are excited to welcome our new colleagues to the Helix family.
  • Helix also announced today that in conjunction with its acquisition of Alliance, it has amended its existing asset-based revolving credit facility (ABL Facility).
  • The amendment aligns with Helixs Alliance acquisition, expanding the eligible credit line and establishing a link in its pricing to sustainability targets.
  • Mr. Kratz continued, We have increased the size of our ABL Facility to accommodate the increase in our expected borrowing base with the Alliance acquisition.