In 2020, the size of the global industrial robot market was estimated at around $55 billion , with some 2.7 million units of industrial robots in operation worldwide, according to analysts at Statista . In 2028, the market size is projected to surpass $165 billion .
In 2021, Knightscope ended the year with $3.4 million in revenue. CASE Emergency Systems, its recent acquisition, generated $5.4 million . "That's a combined $8.8 million run rate last year for both companies," noted William Santana Li , Knightscope chair and CEO.
Toppan develops AI system enabling multiple robots to recognize people
As a new function, Toppan has now developed an artificial intelligence (AI) system that makes it possible for multiple moving robots to identify people whose images have been uploaded in advance.
This person recognition function has been verified via a pilot test in which images sent from robots in various locations within an event space were analyzed and compiled in the cloud using an AI engine.
Food delivery robots hit Canadian sidewalks, but many challenges delay mass adoption - Terrace ...
When customers in downtown Vancouver placed orders with Pizza Hut in September, many of the pies landed on their doorsteps without a courier in sight.
Instead, diners were met by Angie, Hugo or Raja — autonomous robots resembling a cooler on four wheels with eyelike lights. They travelled by sidewalk to customers, who used unique codes to open their lids and reveal their food.
Manufacturers struggling to find employees turn to robots
A new DEED grant intends to help labor-strapped manufacturers employ more robots in their companies.
Central McGowan Vice President and General Manager of Automation Pete Rogers said automation implementation has been undergoing a big shift; previously, it was mainly large manufacturers with the resources to automate, but that has tricked down to small facilities.
With An Increase In Demand For Precise Operations, The Medical Robots Market Is Expected To Exceed ...
Technological advancements are a key trend gaining popularity in the medical robot market. Major companies operating in the medical robot market are focused on developing new technological solutions to strengthen their position.
North America was the largest region in the medical robot market in 2021. Asia-Pacific is expected to be the fastest-growing region in the medical robot market during the forecast period.
Magnets pull these tiny medical robots deep into the brain
In cases where medication might help, we run into the problem of the “ blood-brain barrier ” — this natural defense is designed to keep microbes in the blood out of the brain, but it makes it hard for medications to enter the brain, too.
Each “bionaut” is about the size and shape of half a grain of rice. Once inserted into the brain via a needle, computer-controlled magnets outside a patient’s skull can be used to steer the tiny metal bot around the brain.
Metatool: Robots are learning how to create new tools, just like the first humans once did | ...
3.3 million years ago, humans created what marked a milestone for their existence: the first tools. While they looked simple, their sharp edges were excellent for cutting objects and digging holes.
It's unknown exactly how this occurred. But clearly, the transition from knowing how to use tools to learning how to build them was a significant cognitive leap, one that required advanced imagination and reasoning. This capacity is one of the things that most differentiates humans from animals.
Robots designed for fusion research could maintain satellites in orbit
Advanced remote handling and robotics technology designed for fusion energy research could provide maintenance for in-orbit satellites, according to the partners behind a new project.
The UK Atomic Energy Authority (UKAEA) and the Satellite Applications Catapult partnered to develop and test the technology at UKAEA’s Remote Applications in Challenging Environments (Race) robotics centre in Culham, Oxfordshire.
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