NEXUS ROBOTICS RECEIVES $2.6 MILLION IN GRANT FUNDING FROM SUSTAINABLE DEVELOPMENT TECHNOLOGY CANADA (SDTC) – PR Newswire

ST-BRUNO-DE-MONTARVILLE,QC, July 7, 2022 /PRNewswire/ - We are very pleased to announce that Nexus Robotics Inc. was just awarded $2.6M in grant funding from Sustainable Development Technology Canada (SDTC), which will be used to create the next generation of our robots and continue to develop intensively to provide farmers with even more environmentally-friendly benefits, and bring a truly revolutionary product to the agro technology market worldwide. "This grant not only confirms our technology advancement and the potential of our business model, it also confirms our ESG status and ensures our capacity to pursue our R&D roadmap," says Luc Labb, CEO.

A single Nexus robot can help reduce herbicide and fungicide application by 50%

Using a very unique combination of articulated arms, Artificial Intelligence and advanced algorithms to remove weeds and treat diseased plants, Nexus Robotics' self-driving robots help increase crop yield. In measurable terms, a single Nexus robot can help reduce herbicide and fungicide application by 50%, and allows for better use of manual labor by replacing up to five people in the weeding-related tasks.

At this time, we are rolling out the second generation of Nexus Robotics field robots in Canadian fields for the summer, all of which will be moving to California later this year to allow for a continuous improvement of the AI software powering the machines over the winter months. Nexus Robotics will attend and showcase its robot at the 2022 FIRA-USA convention in Fresno, CA from October 18th to 20th, 2022.

About Nexus Robotics Nexus Robotics is an agricultural technology solutions company that delivers flexibility and freedom to create the future of farming. Our latest product integrates precision controls and advanced optics into a fully autonomous vehicle that uses machine learning to accurately remove weeds without damaging crops. Together with our customers and partners, Nexus is reshaping one weed at a time how farm work gets done for a more sustainable future. nexusrobotics.ca

About Sustainable Development Technology Canada At SDTC, we support companies attempting to do extraordinary things. From initial funding to educational support and peer learning to market integration, we are invested in helping our small and medium-sized businesses grow into successful companies that employ Canadians from coast to coast to coast. The innovations we fund help solve some of the world's most pressing environmental challenges: climate change, regeneration through the circular economy, and the well-being of humans in the communities they live in and the natural environment they interact with. sdtc.ca/en

SOURCE Nexus Robotics Inc.

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NEXUS ROBOTICS RECEIVES $2.6 MILLION IN GRANT FUNDING FROM SUSTAINABLE DEVELOPMENT TECHNOLOGY CANADA (SDTC) - PR Newswire

5 Amazing Benefits of Combining AR, VR and Robotics | RoboticsTomorrow – Robotics Tomorrow

Augmented robots and VR-controlled robots are changing the robotics industry in big ways. Combining AR, VR and robotics allows engineers to push the boundaries of science and technology, as well as medicine and exploration.

There are many ways of combining these three technologies, but a handful of applications stand out today. They reveal some key benefits of AR, VR and robots working together.

AR, VR and robotics are useful technologies for training on their own. Combining them allows education in all kinds of fields to become more intuitive, immersive and safe. AR and VR can even help train robots themselves. There are numerous ways engineers and organizations worldwide are implementing these technologies together.

For example, VR has long been eyed as the perfect military training tool. People could learn in an immersive, hands-on setting without the danger of causing or receiving actual harm. This is especially important in the military, which is significantly more dangerous than most other fields. These tech-driven training programs can be elevated to a whole new level when VR is combined with robotics.

Pilots could use VR to fly robotic drones remotely, combining the actual flying experience and instincts of humans with the safety and disposable nature of drones. The same combination of technology could also be used to train pilots. In fact, the U.S. Army is conducting research on VR-controlled robots to use for training and simulated missions.

AR and VR can also help develop and train smarter robots. Researchers have used virtual environments to train robot AI models for object recognition and gripper operation. Programs like this allow for faster, more affordable training since the bot doesnt need actual objects to work with while learning. Similarly, employees in various industries could use VR and virtual environments to learn to operate these machines safely.

Safety is an increasingly common motivation for using AR, VR and robotics in many settings. These technologies can often make dangerous tasks much less hazardous and make operating various machines easier and safer.

Similarly, AR and VR could help make robots safer to use. For example, some dangerous tasks are too complex to be fully automated. However, a trained professional can use a VR-controlled robot to perform the necessary functions without being in any danger.

Robotics developers are applying this combination of technology to one of the most hazardous jobs: bomb defusal. Professional bomb defusers receive extensive specialized training to minimize the risk they face on the job, but even the slightest mistake could be deadly. VR-controlled robots remove this risk by combining the nimble precision of a bot with the expertise of a human. The robots are controlled from a safe distance, which may help operators focus better since they are not in danger themselves.

Augmented robots can make many types of jobs safer. Manufacturing is becoming increasingly automated, with machines taking on more tasks. Humans are still a crucial part of the process, though. Manufacturing professionals can use VR-controlled robots from a safe distance. A similar strategy could also be used in fields like construction and mining.

Additionally, VR and AR could potentially improve the safety of robots themselves. For example, VR simulations could be used to test their performance and resilience in inclement weather. This might help reveal things like structural defects or corrosion risks.

Corrosion is a major concern for robots in outdoor environments like construction. It causes a staggering $23.4 billion of damage every year. AR could even help technicians look for signs of wear and tear on real robots.

Augmented robots are making some incredible things possible today. Most people whove been diagnosed with debilitating illnesses and medical conditions cant have a regular job or get out of the house without assistance. Thanks to VR-controlled robots, that might no longer be the case not too far in the future. In fact, one innovative cafe in Tokyo is already making it a reality.

At DAWN Robot Cafe, the waiters and hosting staff are robots that are remotely controlled by people with various conditions that prevent them from leaving their homes. They use the robots to interact with customers, take orders, deliver food and complete all the other tasks a typical waiter would.

The pilots use various technologies to control the robots, depending on their physical abilities. Some people even control their robotic avatars solely through eye motion. DAWN Cafe and similar programs could adopt VR to give employees a more comfortable and immersive working experience through augmented robots as the technology evolves.

Military applications are often the first thing that comes to mind when most people think of VR-controlled robots. However, applying these combined technologies in civilian spaces clearly have some amazing benefits. DAWN Cafe could be pioneering the future of a new kind of remote work and even remote socialization, which could improve millions of lives worldwide.

Medical care is limited and difficult to access in some parts of the world. Sadly, many patients die because they cannot get the necessary surgery or treatment. Studies estimate that 8.6 million deaths could be prevented every year through improved access to high-quality medical care. VR-controlled robots could help solve this problem.

Surgical robots have already been developed and are in use in hospitals worldwide. These robots allow surgeons to conduct procedures with a high level of precision, but they still require the doctor to be there in person to control the robot. Similarly, VR programs are already used to train physicians to conduct various procedures. Combining these two technologies to create VR-controlled robots allows doctors to perform remote surgeries for patients anywhere in the world.

This overcomes a major hurdle in medicine in poorer areas. Surgeons especially specialists are difficult to find because people require years of study and training to take on these professions. A robot is much easier to acquire. Hospitals could be equipped with augmented robots that could conduct surgeries with the help of a doctor halfway around the world, performing the surgery in VR. Much more development is needed to make something like this a reality, but combining VR and robots could save lives one day.

One of the most exciting benefits of combining VR and robots is the new horizons it unlocks. Some environments are simply too harsh for humans to safely or easily travel to. However, these parts of the world and even the solar system hold a wealth of potential discoveries and scientific breakthroughs. VR-controlled robots can help scientists push the boundaries of exploration.

For example, scientists are using robots to explore the deepest parts of Earths oceans. One such robot called Orpheus, developed by the Woods Hole Oceanographic Institute, can withstand the immense pressure it experiences over 20,000 feet below the oceans surface. That is much further than a human could safely dive. Soon, scientists may develop more advanced ocean exploration robots equipped with VR cameras so that scientists can explore the depths themselves from the safety of the shore.

Interestingly, this same technology might help people make first contact with alien life right here in the solar system. Astronomers hypothesize that at least two moons here contain liquid oceans Europa, a moon of Jupiter, and Titan, a moon of Saturn. Traveling to these places would take years, so a round trip would be a lifetime for the astronauts on board. However, explorers could use a VR-controlled robot to visit these worlds without leaving life on Earth behind. Ocean exploration robots developed on Earth could also be used on Europa and Titan.

Augmented robots and VR-controlled robots are changing the world every day. Scientists and engineers make breakthroughs in these technologies every year. In fact, some of these incredible innovations are already a reality. Others are not far behind. Combining AR, VR and robotics can save lives, change the world, and push the boundaries of exploration and discovery.

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MDA Names Holly Johnson Vice-President of Robotics and Space Operations Parabolic Arc – Parabolic Arc

BRAMPTON, ON (MDA Ltd. PR) MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announcedHolly Johnsonhas been appointed as the companys Vice President of Robotics and Space Operations (RSO), reporting to MDA Chief Executive Officer,Mike Greenley. Ms. Johnson stepped into the role in an acting capacity earlier this year.

With 14 years of experience at MDA, including a decade in engineering and business development and four years in corporate operations, Ms. Johnson is ideally positioned to lead the RSO business area as it accelerates through a period of tremendous growth, maximizes new commercial market opportunities, and focuses on delivering Canadarm3.

Holly has quickly established herself as a customer-centric business leader and skilled operational executive, and I am incredibly proud that we are able to tap into MDAs deep talent pool to fill this critical senior executive position, saidMike Greenley, CEO of MDA. With a strategic vision for MDA to capitalize on the growing commercial market for RSO products and services and the operational mindset to deliver Canadarm3 and multiple other programs, Holly is the right leader to take us forward.

A professional engineer (P.Eng.), Ms. Johnson earned a Bachelor of Applied Science (B.A.Sc.), Mechanical Engineering, from theUniversity of Toronto, and received the schools Early Career Award as an alumnus. She is also a recipient of the Northern Lights Aero Foundation Rising Star Award, a prestigious national honour given to outstanding women in the Canadian aviation and aerospace industry, and a past member of theBramptonBoard of Trades Top 40 Under 40.

About MDA

Serving the world from its Canadian home and global offices, MDA (TSX: MDA) is an international space mission partner and a robotics, satellite systems and geointelligence pioneer with a 50-year story of firsts on and above the Earth. With over 2,400 employees acrossCanada, the US and the UK, MDA is leading the charge towards viable Moon colonies, enhanced Earth observation, communication in a hyper-connected world, and more. With a track record of making space ambitions come true, MDA enables highly skilled people to continually push boundaries, tackle big challenges, and imagine solutions that inspire and endure to change the world for the better, on the ground and in the stars.

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MDA Names Holly Johnson Vice-President of Robotics and Space Operations Parabolic Arc - Parabolic Arc

SP Robotics partners with McDonalds India to host a Creative-Tech Workshop for kids – ThePrint

New Delhi [India], July 8 (ANI/SRV): SP Robotics Maker Lab, a chain of robotics & coding learning centres across India announces its partnership with McDonalds India West and South, owned and operated by Westlife Development Ltd., to launch the Creative-Tech Workshop.

The workshop will be a 2 hour-long session that will be held at a nearby McDonalds across 40+ locations in Bangalore, Chennai and Hyderabad.

This STEAM-themed (Science Technology, Engineering, Arts and Mathematics) workshop will be loaded with fun activities for children between the age of 7 to 17.

During the workshop, the students will be provided with a take-away electronics & arts kit and taught about the basics of electronics, circuit building, LEDs, switches, and designing 4+ circuits with fun projects they can learn.

The workshop is carefully curated and aims to develop and strengthen their cognitive skills and instil the habit of practical learning in a collaborative environment. The approach helps develop cognitive abilities and aid them in the speed and quality of their problem-solving skills in children.

The objective of the STEAM workshop is to focus on logical thought processes and problem-solving allows students to develop mental habits that will help them succeed in any field.

Sneha Priya, Co-Founder of SP Robotics Maker Lab, said, Every child is curious in their own way for example, one child might be meddling with remote control cars, one child would break and explore all the electronics in the house. Now the question is how do you better mould the curiosity of these children? We want SP Robotics Maker Lab to be the platform where kids from any part of the country can enhance and develop their creative passion and help them discover themselves in a fun way. Through the workshop, students can explore science and technology, allowing them to discover their passion for the future. Teaching them in a fun and practical way is extremely important to kindle interest and passion which will also boost their problem solving and other essential skills.

SP Robotic Works, a D2C (direct to consumer) company founded by Sneha Priya and Pranavan S, raised their Series A funding of USD 3M in 2021. They have a hybrid model of learning online or from their Maker Labs (across 27 cities). It has an active community of students in the age group bracket of 7 to 17 innovating and solving problems in a practical way.

It has designed reusable learning kits, enabling children to assemble, build algorithms and see their code in action through a robot or drone, making it more exciting and fun.

The workshop will be held in Bangalore, Chennai and Hyderabad across 43 locations in nearby McDonalds starting from July. The workshop is open for students between the ages of 7-17 years old with a registration fee of INR 1,250/- per student, which includes the takeaway electronics+arts kit from SP Robotics and food from McDonalds and one can register for the workshop on the SP Robotics website (www.sproboticworks.com) or call on +91 89519 44029.

This story is provided by SRV. ANI will not be responsible in any way for the content of this article. (ANI/SRV)

This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.

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SP Robotics partners with McDonalds India to host a Creative-Tech Workshop for kids - ThePrint

Simple ways to find out what AI can do – Fast Company

Aside from drawing photo-realistic images and holding seemingly sentient conversations, AI has failed on many promises. The resulting rise in AI skepticism leaves us with a choice: We can become too cynical and watch from the sidelines as winners emerge, or find a way to filter noise and identify commercial breakthroughs early to participate in a historic economic opportunity.

Theres a simple framework for differentiating near-term reality from science fiction. We use the single most important measure of maturity in any technology: its ability to manage unforeseen events commonly known as edge cases. As a technology hardens, it becomes more adept at handling increasingly infrequent edge cases and, as a result, gradually unlocking new applications.

Edge case reliability is measured differently for different technologies. A cloud services uptime could be one way to assess reliability. For AI, a better measure would be its accuracy. When an AI fails to handle an edge case, it produces a false positive, or a false negative. Precision is a metric that measures false positives, and Recall measures false negatives.

Heres an important insight: Todays AI can achieve very high performance if it is focused on either precision, or recall. In other words, it optimizes one at the expense of the other (i.e., fewer false positives in exchange for more false negatives, and vice versa). But when it comes to achieving high performance on both of those simultaneously, AI models struggle. Solving this remains the holy grail of AI.

Based on the above, we can categorize AI into two classes: high-fidelity versus low-fidelity. An AI with either high precision or high recall is lo-fi. And one with both high precision and high recall is hi-fi. Today, AI models used in image recognition, content personalization, and spam filtering are lo-fi. Models required by robo-taxis, however, have to be hi-fi.

There are a few important insights about lo-fi and hi-fi AI worth noting:

A popular metric for evaluating AI reliability is the F1 score, which is a type of numeric average of precision and recall, thus measuring for both false positives and false negatives. A F1 of 100% represents a perfectly error-free AI that handles all edge cases. By our estimate, some of the best AI today perform at a rate of 99%, though a score above 90% is generally considered high.

Lets calculate the F1 score for two applications:

It is clear from the above examples that a F1 of 65% is easily achievable by todays AI, but how far away are we from an F1 of six nines?

As discussed earlier, maturity and market readiness for any technology is tied to how well it handles edge cases. For AI, the F1 score can be a useful approximation for maturity. Similarly, for previous waves of digital innovation such as web and cloud, we can use their uptime as a signal for maturity.

As a 30-year-old technology, the web is one of the most reliable digital experiences. The most mature sites such as Google and Gmail aim for 99.999% uptime (five nines), meaning the service is unavailable no more than six minutes per year. This is sometimes missed by a wide margin, such as YouTubes 62 minute disruption in 2018 or Gmails six hour outage in 2020.

At roughly half of the webs age, the cloud is less reliable. Most services offered by Amazon AWS have an uptime SLA of 99.99%, or four nines. That is an order of magnitude less than Gmail, but still very high.

A few observations:

Google engineers who left their self-driving car team to start their companies had a common thesis: Narrowly-defined applications of autonomy will be easier to commercialize than general self-driving. In 2017, Aurora was founded to move goods via long-haul trucks on highways. Around the same time, Nuro was founded to move goods in small cars and at slower speeds.

Our team also shared this thesis when we started off inside Postmates (also in 2017). Our focus has also been on moving goods but, contrary to others, we chose to leave cars behind and instead focus on smaller form robots that operate off the street: Autonomous Mobile Robots (AMRs). These are widely adopted in controlled environments such as factory floors and warehouses.

Consider red-light detection for delivery robots. While they should never cross on red given the risk of collision with vehicles, conservatively stopping on green introduces no safety risk. Therefore, a recall rate similar to robo-taxis (99.9999%) along with a modest precision (80%) would be adequate for this AI use case. This results in an F1 of 90% (one nine), which is easy to achieve. By moving from street to sidewalk and from a full-size car to a small robot, the AI accuracy required decreases six nines to one.

Delivery AMRs are the first application of urban autonomy to commercialize, while robo-taxis still await an unattainable hi-fi AI performance. The rate of progress in this industry, as well as our experience over the past five years, has strengthened our view that the best way to commercialize AI is to focus on narrower applications enabled by lo-fi AI, and use human intervention to achieve hi-fi performance when needed. In this model, lo-fi AI leads to early commercialization, and incremental improvements afterwards help drive business KPIs.

By targeting more forgiving use cases, businesses can use lo-fi AI to achieve commercial success early, while maintaining a realistic view of the multi-year timeline for achieving hi-fi capabilities. After all, sci-fi has no place in business planning.

Ali Kashaniis the cofounder and CEO of Serve Robotics.

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Simple ways to find out what AI can do - Fast Company

The Robots are Taking Over Indiana! New Robotics Career Pathway Available for High School Students This Fall – Business Wire

CLARKSVILLE, Ind.--(BUSINESS WIRE)--Indiana Gateway Digital Academy (INGDA), a full-time, tuition-free online program of Clarksville Community School Corporation is announcing a new Automation & Robotics pathway for students in grades 9-10 starting this fall.

Everything is robots. Everything is technology. We see it every day. Classes like these will give Indiana students a head start on a great career should they choose to go down that path, said Dwight Ashley, Head of School at INGDA.

This new program will give students to chance to gain valuable career experience in the heavily competitive field of robotics while still in high school, allowing them to ascertain their career possibilities and potentially save college tuition costs down the road.

The pathway is possible thanks to an Indiana 3E Grant, which will allow INGDA students to take classes at Ivy Tech Community College campuses around the state closest to them. The courses will be funded by INGDA.

Once again, Indiana Gateway has found a creative way to expand the choices available to our students, said Lisa Render, INGDA High School Principal We started with six pathways last year and increased to 12 which include Digital Design, Engineering, Medical Assisting and Criminal Justice to Hospitality and now Automation and Robotics, we really do offer pathways to engage every student.

An online public-school program, INGDA is available tuition-free to students in grades K-12 who reside anywhere in the state. Many families and students choose INGDA because it provides an alternative to traditional brick-and-mortar education. Athletes, advanced learners, and students seeking a bullying-free environment can balance a full academic course load along with extracurricular pursuits (including competitive eSports) or medical needs.

INGDA is now accepting enrollments for the 2022-2023 school year. To learn more about INGDA and how to enroll, visit ingda.k12.com or download the Stride K12 mobile app for iOS and Android devices - where families can enroll, prepare for the first day of school, and monitor students academic progress throughout the school year.

About Indiana Gateway Digital Academy

Indiana Gateway Digital Academy (INGDA) is an online public-school program of the Clarksville Community School Corporation that serves students in grades K-12. INGDA is tuition-free and provides families the choice to access the curriculum and tools provided by K12, a Stride Company (NYSE: LRN). Stride offers learners of all ages a more effective way to learn and build skills for their future. INGDAs individualized approach gives Indiana students the chance to learn in the ways that are right for them. For more about INGDA, visit ingda.k12.com.

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The Robots are Taking Over Indiana! New Robotics Career Pathway Available for High School Students This Fall - Business Wire

Construction Robots Market is predicted to Expand at a CAGR of 15.3% during the Forecast Period, TMR Study – GlobeNewswire

Wilmington, Delaware, United States, July 07, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The value of the global construction robots market was clocked at US$ 91.2 Mn in 2021. The market is likely to expand at a CAGR of 15.3% during the forecast period, from 2022 to 2031. The global market is anticipated to attain value of US$ 359.6 Mn by 2031. In terms of use of robots in construction industry, the sector is falling behind and the sectorheavily relies on human labour. The global deployment of sophisticated construction robotics is now being driven by the demand for more economical and environmentally responsible homes with reduced environmental effects. Few construction companies now use automation, suggestingthat there is a tremendous opportunity for service providers and construction robotics companies aliketo revolutionize the sector through robotics.

Robotic technologies on construction sites significantly cut construction time and improve safety by taking over the role of construction workers byexecuting tedious or hazardous tasks, which paints a favourable future of robotics in construction. As a result of their labour-intensive modelling,intrinsic complexities, and distinctiveness, building jobs demand a lot of human effort and knowledge. The advancement of computer vision and machine learning will enable us to raise thelevelof automation of construction robots, which will help us totackle these construction-related issues. This offers lucrative growth prospects for both robotics and automation in construction industry.

Robotic systems created for construction activities, which frequently take place in dynamic conditions, are referred to as robots in the construction industry. Robotics can help reduce the need for human labour and help establish safer working conditions by automating repetitive and labour-intensive processes like loading,painting, bricklaying, and bulldozing. Additionally, robots may operate in a variety of settings around-the-clock.

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Global Construction Robots Market: Growth Drivers

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Electronics & Semiconductors Research Reports

Collaborative Robot Market - Collaborative Robot Market is expected to reach the value of US$ 33.95 Bn by the end of 2031, it is estimated to expand at a CAGR of 41.3% from 2021 to 2031

Industrial Robotics Market - Industrial Robotics is predicted to witness a CAGR of 9% during the forecast period from 2019 to 2027, with an estimated value of US$ 297 Bn by end of 2027.

3D Printing in Construction Market 3 D printing in construction market is expected to witness a ten-fold growth during the forecast period and reach a value of ~US$ 280 Mn by 2027.

IoT in Construction Market- The global IoT in construction market is expected to reach value of US$ 34 Bn by the end of 2031, expand at a CAGR of 16.2% from 2022 to 2031

Commercial Building Automation Market - The global commercial building automation market is expected to cross the value of US$ 76.49 Bn by the end of 2031, expand at a CAGR of 8.3% from 2021 to 2031

Construction Market - The global construction market is projected to grow at a steady CAGR of 5% during the forecast period 2019 - 2027

Industrial Automation Market - The global industrial automation market is expected to touch US$438.08 bn by 2027-end, rising up from US$227.29 bn in 2018

All Terrain Robot Market - The global all terrain robot market is projected to expand at a CAGR of 14.5% between 2019 and 2027, and reach value of US$ 540 Mn by 2027

About Transparency Market ResearchTransparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Construction Robots Market is predicted to Expand at a CAGR of 15.3% during the Forecast Period, TMR Study - GlobeNewswire

Odense Robotics and UAS Denmark International Test Center host The International Drone Show – sUAS News

Drone technology has a huge potential to solve tasks but many companies lack knowledge about how to apply drone technology to become more competitive and sustainable. Thats exactly what companies can learn more about at the International Drone Show 2022 on 30 August at HCA Airport in Odense, Denmark. Here, the latest drone technologies will be showcased within key application areas such as transport, logistics, surveillance, healthcare and safety.

Robots are transforming our daily lives and drones are about to follow suit. Whether its about surveillance of the Arctic, sustainable transport of people and goods or quick delivery of medicine and organs drones have the potential to become a key technology within everything from logistics and industry to defence and security, healthcare, inspection and mapping.

Denmark has become a northern European hub for the development and testing of new drone technologies, but we have only seen the top of the iceberg so far when it comes to applying drone technologies. That is why Denmarks national robot and drone cluster Odense Robotics and the national drone test center UAS Denmark Test Center will gather companies and organisations from the Danish and international drone industry at the International Drone Show 2022 (IDS) on 30th August at HCA Airport in Odense. The annual event is about showcasing drone technologys many application areas.

Drone technology has a huge potential to solve challenges in key areas such as logistics and inspection. But many companies dont know how they can leverage drone technology to become more competitive and indeed sustainable. The International Drone Show 2022 in Odense is an opportunity for companies to learn more about the latest drone technologies and the many benefits they can bring to a range of sectors, says Mikkel Christoffersen, CEO in Odense Robotics,

Denmarks national robot and drone cluster.Talks from CoolRunner and rsted

IDS 2022 zooms in on four areas where drone technology already plays a key role or is on the cusp of playing a key role, such as transport, industrial applications and artificial intelligence.

Visitors will be able to see live demos and drone flights as well as hear inspirational talks from research scientists and drone companies from Denmark, the United Kingdom and the United States. Talks will provide insight into the latest technologies and cases on topics such as 5G-drones, freight drones carrying up to 200 kilos and radar systems designed to spot terror drones.

Drone technology has a huge potential just like robotics, as we know it today. IDS 2022 is all about demonstrating this potential and the many opportunities for a range of sectors in drone technologies, says Michael Larsen, Head of UAS Denmark Test Center.

Speakers include CoolRunner, sister company to Coolshop, that will talk about how they include drones in their lien-haul concepts. rsted will talk about their use of drones today and in the future.

Contact

For interviews with Mikkel Christoffersen, CEO of Odense Robotics, contact Eva Juul Langlands,Head of Communications: [emailprotected] / +45 30 71 81 23.Michael Larsen, Head of UAS Denmark Test Center: [emailprotected] / 25 50 53 01.

Facts about drones According to the Drone Market Report 2021-2026 published in 2021, the global commercial market for drones excluding drone solutions for defence will increase by 9.4% annually reaching an estimated EUR 39 billion in 2026. According to IRIS Groups analysis Autonomous Technologies published in 2021, there are around 150 people employed on Funen in the drone industry an increase of 250 % in four years. Since 2015, the University of Southern Denmark has attracted EUR 53 million in drone research funding.

Facts about the International Drone Show 2022

Arranged by Odense Robotics and UAS Denmark Test Center Tuesday 30 August 8am-4pm at HCA Airport in Odense, Denmark. On Monday 29 August there will be a networking dinner. On Wednesday 31 August there will be an event for investors and drone companies. Read more at http://www.odenserobotics.dk/events/international-drone-show-2022/

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Odense Robotics and UAS Denmark International Test Center host The International Drone Show - sUAS News

Global Coatings and Application Technologies for Robotics Market 2022: Growth Assesment By Key Manufacture Akzo Nobel, Axalta Coating Systems, PPG…

The detailed analysis of the global Coatings and Application Technologies for Robotics market delivers key insights on the changing industry dynamics, value chain analysis, leading investment pockets, competitive scenarios, regional landscape, and crucial segments. It also offers an extensive inspection related to the driving and restraining ingredients for the global Coatings and Application Technologies for Robotics market. Additionally, explains the superior data about the working strategies and growth prospects of the global Coatings and Application Technologies for Robotics market. This will help industry players, policymakers, stakeholders, investors, and new aspirants to grab innovative opportunities, uncover important strategies, and also accomplish a competitive edge in the global Coatings and Application Technologies for Robotics Industry.

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The report delivers a comprehensive evaluation of the Coatings and Application Technologies for Robotics market globally for the forecasted period through 2022-2029. The global Coatings and Application Technologies for Robotics market report comprises different marketing components and the future trends that are performing a substantial role in the Coatings and Application Technologies for Robotics industry. The factors such as the drivers, opportunities, challenges, and restraints will impact the Coatings and Application Technologies for Robotics market growth across the world. Moreover, the Coatings and Application Technologies for Robotics market report gives a deep outlook on the implementation of the Coatings and Application Technologies for Robotics market in terms of revenue throughout the projected period.

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Vital Players covered in the Coatings and Application Technologies for Robotics Market report:

Akzo NobelAxalta Coating SystemsPPG IndustriesThe Sherwin Williams CompanyHMG Paints LimitedThe Lubrizol CorporationYashm Paint & Resin IndustriesU.S. Paint CorporationKansai PaintBernardo EcenarroNippon Paint Holdings

Product Types of the Coatings and Application Technologies for Robotics market are as follows:

PolyurethanesAcrylicsAlkydPolyesterEpoxy

Key Applications included in the Coatings and Application Technologies for Robotics market:

HealthcareAgricultureMiningManufacturingConstruction

Regional analysis of the Coatings and Application Technologies for Robotics market:

North America Market(United States, Canada, North American country and Mexico),Europe Market (Germany, Coatings and Application Technologies for Robotics France, UK, Russia and Italy),Asia-Pacific Market (China, Coatings and Application Technologies for Robotics Japan and Korea, Asian nation, India and Southeast Asia),South America Market (Brazil, Argentina, Republic of Colombia etc.),Middle East & Africa Market (Saudi Arabian Peninsula, UAE, Egypt, Nigeria and South Africa)

The new study on the global Coatings and Application Technologies for Robotics market report provides a detailed impact of the COVID-19 pandemic on the Coatings and Application Technologies for Robotics market in order to support the worldwide industry players, suppliers, investors, and various other competitors to recapture their strategies, attain new patterns, and meanwhile, take some necessary steps to survive through the pandemic. Furthermore, the report on the Coatings and Application Technologies for Robotics market delivers high-quality information and statistics related to the world Coatings and Application Technologies for Robotics market. Our professional research report will help you to establish accurate data tables and assigns the utmost accuracy in the Coatings and Application Technologies for Robotics industry forecasting.

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Prominent Highlights of the Global Coatings and Application Technologies for Robotics Market Report:

It demonstrates the overall competitive landscape of the global Coatings and Application Technologies for Robotics market. Revenue produced by each segment of the Coatings and Application Technologies for Robotics market by 2029. It covers different industrial factors that are anticipated to drive and generate newer opportunities in the Coatings and Application Technologies for Robotics market. The report on the Coatings and Application Technologies for Robotics market also illustrates several strategies to climb sustainable growth of the Coatings and Application Technologies for Robotics industry. It displays the tactics used by the leading players and product offerings. Exhibits geographical regions that would develop excellent business opportunities during the predicted timeframe from 2022 to 2029. The global Coatings and Application Technologies for Robotics market report covers, revenue shares, sale assessment, gross margin, historical growth analysis, and upcoming perspectives in the Coatings and Application Technologies for Robotics market.

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Global Coatings and Application Technologies for Robotics Market 2022: Growth Assesment By Key Manufacture Akzo Nobel, Axalta Coating Systems, PPG...

Outlook on the $501 Million Medical Disinfection Robots Global Market to 2029 – by Type, End-user and Region – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Medical Disinfection Robots Market Analysis by Type (Ultraviolet Light, Hydrogen Peroxide Vapor), by End User (Commercial, Residential, Industrial, Healthcare), and by Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

The global medical disinfection robots market size is estimated to be USD 501 million in 2020 and is expected to witness a CAGR of 37.21% during the forecast period.

Companies Mentioned

Infiltration of robotics in household and medical appliances is a key driver for the growth of the global medical disinfection robots market. Additionally, increase in labour costs and safety concerns due to COVID-19 and compacted size with self-charging competence are some of the other drivers propelling the market growth. Nevertheless, high cost of private cleaning robots, decrease in consumer expenditure due to COVID-19, and effectiveness of cleaning robots are expected to restrain the global market growth.

By Type

Based on type, the market is segmented into ultraviolet light, hydrogen peroxide vapor, and others. In 2020, the ultraviolet light segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is attributed to growing application of autonomous robots for the COVID pandemic worldwide. Hydrogen peroxide vapor segment projected to grow at a profitable CAGR during the forecast period. This is attributed to the new product launches by leading players is further expected to strengthen the market growth.

By End User

Based on end user, the market is categorized into commercial, residential, industrial, healthcare, and others. In 2020, the healthcare segment accounted for the substantial revenue share with lucrative CAGR during the forecast period. This is due to spread of COVID-19 pandemic worldwide. The residential segment is anticipated to grow at a profitable CAGR during the forecast period, due to the technical advancements that is resulting in increased application of these robots in the residential end user segment.

Regional Insights

In 2020, North America accounted for the highest revenue share in the global market and is expected to maintain its dominance during the forecast period. This is attributed to the presence of major players in the region, growth in initiatives from government, accessibility of technological advanced products in the region. Asia Pacific market is projected to exhibit the fastest CAGR over the forecast period owing to the growing disposable income amongst the consumers, growing government and corporate investment in healthcare sector are the major factors in this region.

This exhaustive research report focuses on market size and forecast at global, segmental, regional and country level along with key market trends and dynamics from 2021 to 2029.

The medical disinfection robots market report is categorized into the following segments and subsegments:

Medical Disinfection Robots Market, By Type (Revenue, USD Million, 2021 - 2029)

Medical Disinfection Robots Market, By End User (Revenue, USD Million, 2021 - 2029)

Medical Disinfection Robots Market, By Region (Revenue, USD Million, 2021 - 2029)

North America

Europe

Asia Pacific

Latin America

Middle East & Africa

For more information about this report visit https://www.researchandmarkets.com/r/j0y8uk

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Outlook on the $501 Million Medical Disinfection Robots Global Market to 2029 - by Type, End-user and Region - ResearchAndMarkets.com - Business Wire

Follow the Money: Drug Discovery Robotics Lab, Clinical Sequencing Platform, More – Bio-IT World

June 29, 2022 | Funding for single-cell sequencing, small molecule drug discovery, neurological biomarkers, and more.

$245M: Debut Fund for Life Sciences Technology

Biospring Partners, a female-founded and led growth equity firm exclusively focused on B2B life sciences technology companies, announced the closing of its debut fund with north of $245 million in capital commitments from pension plans, fund of funds, endowments, foundations, and family offices. Biosprings investments are working to push the healthcare industry forward by enabling new forms of biopharma manufacturing, diagnostic testing, and software applications that are fundamentally changing how diseases are researched, diagnosed, and treated.

$60M: Series D Funding for Drug Discovery Robotics

Insilico Medicine, a clinical-stage end-to-end artificial intelligence (AI)-driven drug discovery company, has completed a $60 million Series D financing and launched an AI-powered drug discovery robotics laboratory. Capital raised in the round will further bolster Insilicos financial position and fuel the growth of its advancing pipeline, including its lead program, which is currently in a Phase I study, and the continued development of its Pharma.AI platform. In addition, the proceeds will fund ongoing global expansion and planned strategic initiatives, including a fully robotic biological data factory to complement Insilicos vast curated data assets.

$52M: Funding Round for Precision Immunology Pipeline

Endpoint Health, a therapeutics company dedicated to addressing unmet needs in immune-mediated acute and chronic diseases, announced the close of $52 million in equity and debt financing. Proceeds from the funding round will extend the companys precision-first platform and expand its therapeutic pipeline to include programs for chronic immune-mediated diseases. In addition, proceeds will be used to advance Antithrombin III, the companys first precision therapy, to a Phase II clinical trial for the treatment of sepsis. Sepsis is responsible for one in every five deaths worldwide, yet there are few FDA-approved therapies to treat the condition.

$43M: Series F Funding for Cancer Profiling

Epic Sciences, a privately held diagnostics company, has completed a $43 million first close of its Series F financing. The company will use the capital from this additional round of private investment to advance its multi-omic platform and expand operations in areas such as single-cell sequencing and data analytics infrastructure. DefineMBC, Epic's novel blood-based test for comprehensively characterizing metastatic breast cancer, has been reporting patient results since April 2022. The test's multi-analyte methods have demonstrated impressive sensitivity, specificity, accuracy, and precision.

$40M: Series A Funding for Clinical Sequencing

Watchmaker Genomics, a life sciences company specializing in developing high-stringency applications focused on reading, writing, and editing DNA and RNA, announced that it had secured $40 million in an oversubscribed Series A, bringing total funding to date to $53.5 million. With this Series A round of financing, Watchmaker plans to accelerate investment in its protein engineering platform to deliver a suite of new products that address the demands of clinical sequencing and support emerging applications in single-cell analysis, epigenetics, and cell-free DNA. In addition, the company will expand commercial channels and manufacturing capacity, making these product solutions more broadly accessible to the life science and genomics communities.

$37M: Series C Funding for AI-Enabled Precision Oncology

Proscia, a digital and computational pathology solutions company, has raised $37 million to advance how we understand and treat diseases like cancer. This investment brings Proscia's total funding to $72 million. The financing will enable Proscia to accelerate the adoption of computational pathology, strengthening its market and product leadership. It will also use the capital infusion to scale its commercial operation, broaden its portfolio of computational solutions, build on its DermAI and AI melanoma detection success, and extend digital pathology's first suite of process automation solutions beyond Automated QC.

$36.5M: Venture Fund for Genomics Startups

Illumina and LifeArc, a UK independent medical research charity, joined select U.S. and European investors in participating in Time Boost Capitals 30 million genomics venture fund. Time Boost Capital will provide pound-for-pound match funding to every Illumina Accelerator Cambridge graduate securing between 500,000 and 4 million in new capital from qualified investors within 18 months of acceptance. Since opening in July 2020, Illumina Accelerator Cambridge has launched 13 startups focused on harnessing genomics applications to improve human health, including novel therapeutics, diagnostics, synthetic biology, research tools, and agriculture.

$36M: Award for AI-Powered Viral Study Program

A $36 million award from the Defense Threat Reduction Agency, a part of the Department of Defense, will enable the Wake Forest Institute for Regenerative Medicine (WFIRM) to establish a research and development program to study how a virus will invade and infect humans. The program, Pathogenesis and Toxicity Forecasting Using Multi-Organoid Systems, or PATMOS, uses WFIRMs Body-on-a-Chip platform to investigate the biochemical changes in viral infections. The platform consists of an advanced 3D model of human tissues or organs. The PATMOS program will infect the 3D organs, or organoids, with different viruses and analyze what happens throughout an infection.

$30M: Series A Funding for Small Molecule Drug Discovery

Anagenex, a drug discovery company pairing large-scale data generation with machine learning to discover the next generation of small molecule medicines, announced that it closed a $30 million Series A financing round. Anagenex will use the funds to expand its novel data-generating platform and build a robust pipeline of programs addressing challenging unmet medical needs. The Anagenex platform iteratively assesses up to billions of compounds in parallel to generate extraordinarily high-quality data. Armed with these enormous datasets and highly accurate models, Anagenex has the tools to address some of the most challenging targets in drug discovery.

$27M: Series B Funding for Heart Disease Diagnostics

Elucid announced closing a $27 Million Series B financing round. The Elucid platform is the only FDA-Cleared and CE-Marked software to quantify plaque morphology validated against tissue specimens objectively. Specifically, the exquisite algorithms developed through machine learning characterize tissue types in the artery wall known to cause heart attacks. The capability to discern complex plaque biology at the cellular and molecular level is powering new applications to derive fractional flow reserve, risk of heart attack/stroke, and expression prediction. This comprehensive approach enables physicians to diagnose the direct cause of chest pain and determine if patients have early-stage heart disease, which alternative methods cannot see.

$25M: Series A Funding for Neurological Diseases

NeuraLight, a company developing objective and sensitive biomarkers for neurological disorders, announced $25 million in Series A funding. The round will support the company as it seeks to improve the design of neurological clinical trials, increase the probability of success for novel neurological therapeutics, and usher in a new era of precision medicine for neurology. NeuraLight leverages proprietary computer vision and deep learning algorithms to extract all relevant oculometric markers from facial videos captured with a standard webcam or smartphone. The companys technology applies to various neurological disorders, initially focused on Alzheimers disease, Parkinsons disease, Multiple Sclerosis, and ALS.

$21M: Series A Funding for Early Detection Cancer Test

Elypta, a Swedish diagnostics company aiming to commercialize the first metabolism-based liquid biopsy for early detection of any cancer, announced the raise of $21 million in a Series A financing round led by Bonnier Ventures. The company will use the capital to develop and validate blood and urine tests for Multi-Cancer Early Detection (MCED) in adults with no cancer symptoms and to detect recurrence in kidney cancer patients. The tests are based on the detailed profiling of human glycosaminoglycansalso known as the GAGomeas biomarkers of cancer metabolism. Detecting stage I cancer is the key challenge here, and whereas other MCED tests based on cell-free DNA struggle to find cancer at this early stage, metabolism-based biomarkers could make a difference.

$19M: Series A Funding for Gastrointestinal Diagnostics

Gemelli Biotech, a company focused on improving health by providing precision diagnostics for gastrointestinal diseases, announced the completion of a $19 million Series A financing. Gemelli will use the capital to accelerate the commercialization of its trio-smart and ibs-smart precision diagnostic tests, including expanding sales and marketing across the US and the scale-up of laboratory and manufacturing capacity. Gemelli has launched two products: trio-smartthe only clinical breath test that measures levels of hydrogen, methane, and hydrogen sulfide to provide clinicians and patients with a complete picture of gut healthand ibs-smarta patented diagnostic blood test for post-infectious irritable bowel syndrome.

$10M: Funding for Immunotherapy Research

The Mark Foundation for Cancer Research and the Bloomberg~Kimmel Institute for Cancer Immunotherapy announced a new $10 million commitment to Johns Hopkins University. This investment allows for novel work, advanced immunotherapy research, and lifesaving breakthroughs for cancer patients. The Mark Foundation Centers fundamental research priorities include studying how cancer evades the immune system and spreads. Of the $10 million investment, The Mark Foundation is donating $6 million, and BKI is providing $4 million, helping scientific teams to continue using innovative technologies to determine why certain patients do not respond to immunotherapies.

$2.9M: Funding for Tumor Antibody Drug Conjugates

Spirea Limited, a Cambridge company created to advance a new generation of antibody drug conjugate (ADC) therapeutics, announced that it secured funding of 2.4 million with investments from high-profile UK and US investors. Spirea will use the funds to initiate its pipeline of superior and differentiated ADCs to treat solid tumors. Spireas technology allows for a higher drug-to-antibody ratio, which means more drugs reach the cancer cell for the development of stable and tailored ADCs incorporating a variety of drug payloads at varying potency levels and different modes of action. This method will result in significantly better efficacy and safety profiles for cancer therapeutics.

Undisclosed Funding for Drug Discovery Technology

Optibrium, a drug discovery software developer, announced it had secured further investment from existing investors Kester Capitala UK mid-market private equity firmto develop and commercialize its computer-aided drug discovery technologies, make future appointments to the senior leadership team, and continue expansion across Europe and the United States. Optibriums products enable preclinical drug discovery, focusing on hit to lead and lead optimization phases extracting maximum value from pharmaceutical data to target high-quality compounds and accelerate discovery cycles confidently.

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Follow the Money: Drug Discovery Robotics Lab, Clinical Sequencing Platform, More - Bio-IT World

AMP Robotics and Waste Connections Reach Recycling Technology Milestone – Yahoo Finance

DENVER, June 28, 2022--(BUSINESS WIRE)--AMP Robotics Corp. ("AMP"), a pioneer in AI, robotics, and infrastructure for the waste and recycling industry, has expanded its partnership with Waste Connections, Inc. (TSX/NYSE: WCN), its largest customer. Since late 2020, Waste Connections has booked or deployed 50 of AMPs high-speed robotics systems on plastic, fiber, and residue lines, becoming the largest operator of AI-guided robotics in the industry.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220628005328/en/

AMP Robotics has expanded its partnership with Waste Connections, its largest customer. Since late 2020, Waste Connections has booked or deployed 50 of AMPs high-speed robotics systems on plastic, fiber, and residue lines, becoming the largest operator of AI-guided robotics in the industry. (Photo: Business Wire)

"Its gratifying to reach this milestone with a leader in resource recovery like Waste Connections. Weve worked tirelessly to deliver AI and robotics systems that modernize todays recycling operations by increasing productivity, stabilizing costs, and improving the quality and value of recycled commodities," said Matanya Horowitz, founder and CEO of AMP Robotics. "We remain committed to the continuous enhancement of our AI and automation solutions to stay ahead of industry challenges, exceed customer expectations, and support the industrys sustainability and climate goals."

AMPs technology identifies and recovers plastics, cardboard, paper, cans, cartons, and many other containers and packaging types reclaimed for raw material processing. For example, AMP recovers a portfolio of #1-#7 plastics in a variety of different form factors, colors, and opacities with high precision and purity. Polyethylene terephthalate (PET) and high-density polyethylene (HDPE) together account for a majority of recycled plastic demand, with growing interest in polypropylene (PP)a highly recyclable polymer with high demand in food-safe applications and flexibility to accommodate packaging in a variety of shapes and sizes. The ability to precisely separate different plastics and other recyclables with AI-driven sorting is helping recyclers meet the soaring need for sufficient quantities of high-quality recycled content from brands and packaging producers.

Story continues

"Were excited to expand our relationship with AMP," said Dan Kurtz, director of recycling for Waste Connections. "Were impressed by the reliability of the robotics systems and the quality of the end product. We look forward to our continued partnership with AMP as we advance our sustainability initiatives."

AMP has more than 230 deployments in more than 80 facilities across three continents.

About AMP Robotics Corp.

AMP Robotics is modernizing the worlds recycling infrastructure by applying AI and automation to increase recycling rates and economically recover recyclables reclaimed as raw materials for the global supply chain. The AMP Cortex high-speed robotics system automates the identification and sorting of recyclables from mixed material streams. The AMP Neuron AI platform continuously trains itself by recognizing different colors, textures, shapes, sizes, patterns, and even brand labels to identify materials and their recyclability. Neuron then guides robots to pick and place the material to be recycled. Designed to run 24/7, all of this happens at superhuman speed with extremely high accuracy. AMP Clarity provides data and material characterization on what recyclables are captured and missed, helping recycling businesses and producers maximize recovery. With deployments across North America, Asia, and Europe, AMPs technology recovers recyclables from municipal collection, precious commodities from electronic scrap, high-value materials from construction and demolition debris, and valuable feedstocks from organic material.

About Waste Connections

Waste Connections is an integrated solid waste services company that provides non-hazardous waste collection, transfer and disposal services, along with resource recovery primarily through recycling and renewable fuels generation. Waste Connections serves more than eight million residential, commercial, and industrial customers in mostly exclusive and secondary markets across 44 states in the U.S. and six provinces in Canada. Waste Connections also provides non-hazardous oilfield waste treatment, recovery, and disposal services in several basins across the U.S., as well as intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.

Waste Connections views its Environmental, Social and Governance ("ESG") efforts as integral to its business, with initiatives consistent with its objective of long-term value creation. The companys long-term, aspirational ESG targets include the expansion of resource recovery through recyclable commodities. For more information, visit wasteconnections.com/sustainability.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220628005328/en/

Contacts

Carling Spelhaugcarling@amprobotics.com

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AMP Robotics and Waste Connections Reach Recycling Technology Milestone - Yahoo Finance

5 Top Trends in AI Robotics in 2022 – Datamation

Robotics has made massive advances in recent years. Fields such as Robotics Process Automation (RPA) are being deployed in more and more businesses.

RPA software is needed to combine organizational processes with the actions of the robots and AI inputs. RPA software automates repetitive, labor-intensive, and time-consuming tasks, minimizing or eliminating human involvement to drive faster and more efficient processes across the factory floor. Instead of having dozens of workers in a manufacturing plant, an RPA specialist can program and run robots to perform those duties. Typically, another person is involved to service, maintain, and repair the hardware.

But AI is taking RPA to greater and greater levels of functionality.Here are some of the top trends in AI Robotics:

RPA and AI

The latest trend is for RPA to be integrated with AI. This is an essential element of RPA being able to deal with high-volume, repeatable tasks. By moving these over from humans to robots, these tasks are taken care of in a way that lowers labor costs, workflows are made more efficient, and processes such as those on assembly lines are accelerated.

This is also simplifying the overall field of robotics. Instead of different teams using different software, industrial settings can now combine RPA software and factory automation systems. Historically, the robotics team utilized specific programming languages to deal with the areas such as the kinematics of multi-axis robots. Factory automation technicians used different languages and tools such as Programmable Logic Controllers (PLCs) and shop floor systems. AI is helping to integrate these two worlds and add a greater degree of mobility and autonomy to robots.

For stationary robots to work seamlessly with mobile robots, it is essential that they can exchange information accurately and without failure, said Samir Patel, Senior Director, Robotics Engineering at Kawasaki Robotics USA.

Autonomous Operation

Peter Stone, PhD, Executive Director, Sony AI America notes that robots are moving more and more towards operating in open, uncontrolled spaces that are also occupied by people. Much effort is going into creating self-driving cars that are robust and economically viable. But beyond simple vacuum cleaners, AI is needed to take robotics to the next level.

Beyond creating robots that are viable as useful consumer products (other than for entertainment), there are still challenges for AI and robotics, said Stone.

AI will be needed to take into account thousands of parameters and variables occurring in real time. Many of these are changing constantly many times a second.

Neurosymbolic AI

Whats the next big thing in AI and robotics? Stone thinks it will be neurosymbolic AI.

The current AI boom was initiated by the confluence of the data and computation required to enable neural networks to achieve very impressive results on some very challenging tasks.While important research remains on understanding the full capabilities of neural networks, we are now seeing increased interest in 1) understanding their limitations and 2) integrating them with other tried and true AI algorithms, including symbolic and probabilistic methods.

In the coming years, broad exploration will occur in the field of hybrid neurosymbolic approaches towards applications that are beyond the capabilities of any one approach on its own, said Stone. Just as different regions of the human brain are known to operate differently (e.g. cerebellum vs. visual cortex), next-generation AI systems are likely to integrate differently operating modules. Research in this direction will be particularly useful for advances in general-purpose service robots capable of robust perception, communication in natural language, task and motion planning for object manipulation, and natural human-robot interaction across a wide variety of tasks.

Claims Processing

Over time, more and more tasks lend themselves to automation beyond just simple programming. Organizations are leveraging RPA, for example, to automate actions like understanding whats on a screen and completing keystrokes, and identifying and extracting data.

Health care is a good example, where such systems are being used to validate and process patient claims, said Adam Spotton,Head of Data Science,DNSFilter.

Job Candidates

Anyone posting a job opening typically receives hundreds if not thousands of resumes. AI robotics can be used to sift through them, and even find good candidates who may not immediately tick all the boxes. By training AI to note similar qualifications and other traits, better candidates are proposed and those that might be missed otherwise are given attention.

Amazon has been known to use RPA to find priority candidates for job positions by scanning and selecting resumes, said Spotton. I expect RPA to be a significant AI automation trend moving forward, across industries.

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5 Top Trends in AI Robotics in 2022 - Datamation

Filings buzz in the automotive industry: 32% decrease in robotics mentions in Q1 of 2022 – just-auto.com

Mentions of robotics within the filings of companies in the automotive industry fell 32% between the final quarter of 2021 and the first quarter of 2022.

In total, the frequency of sentences related to robotics between April 2021 and March 2022 was 60% higher than in 2016 when GlobalData, from whom our data for this article is taken, first began to track the key issues referred to in company filings.

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When companies in the automotive industry publish annual and quarterly reports, ESG reports and other filings, GlobalData analyses the text and identifies individual sentences that relate to disruptive forces facing companies in the coming years. Robotics is one of these topics companies that excel and invest in these areas are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

To assess whether robotics is featuring more in the summaries and strategies of companies in the automotive industry, two measures were calculated. Firstly, we looked at the percentage of companies which have mentioned robotics at least once in filings during the past twelve months this was 51% compared to 33% in 2016. Secondly, we calculated the percentage of total analysed sentences that referred to robotics.

Of the 10 biggest employers in the automotive industry, Denso was the company which referred to robotics the most between April 2021 and March 2022. GlobalData identified 10 robotics-related sentences in the Japan-based companys filings 0.3% of all sentences. Mercedes-Benz mentioned robotics the second most the issue was referred to in 0.13% of sentences in the companys filings. Other top employers with high robotics mentions included Stellantis, Magna and BYD.

Across all companies in the automotive industry the filing published in the first quarter of 2022 which exhibited the greatest focus on robotics came from Schaeffler. Of the documents 2,919 sentences, 13 (0.4%) referred to robotics.

This analysis provides an approximate indication of which companies are focusing on robotics and how important the issue is considered within the automotive industry, but it also has limitations and should be interpreted carefully. For example, a company mentioning robotics more regularly is not necessarily proof that they are utilising new techniques or prioritising the issue, nor does it indicate whether the companys ventures into robotics have been successes or failures.

In the last quarter, companies in the automotive industry based in Asia were most likely to mention robotics with 0.13% of sentences in company filings referring to the issue. In contrast, companies with their headquarters in the United States mentioned robotics in just 0.04% of sentences.

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Filings buzz in the automotive industry: 32% decrease in robotics mentions in Q1 of 2022 - just-auto.com

OTC receives grant for new automation and robotics program – KOLR – OzarksFirst.com

SPRINGFIELD, Mo. Ozarks Technical Community College received a $345,725grant from the National Science Foundation for its new automation and robotics program.

The program will debut in August at the Robert W. Plaster Center for Advanced manufacturing (PMC). The grant is funded by the NSFs Advanced Technological Education program, which focuses on training technicians in advanced technology fields.

According to a press release, the grant will improve and expand automation and robotics instruction for manufacturing students at OTC and increase the awareness of automation and robotics career opportunities for middle and high school students.

Its not every day that an institution earns a prestigious National Science Foundation grant, said Danelle Maxwell, OTC manufacturing dept. chair. It is gratifying to know that the NSF finds the curriculum and rigor in this new degree pathway worthy of a significant investment.

Students in the program will learn how to operate and maintain automated systems commonly used in manufacturing.

The college has consulted with our industry partners to equip the Plaster Manufacturing Center with the latest machinery and technology, said Robert Randolph, executive director of the PMC. When we send graduates into a career, they will be ready to work from day one because theyve been trained on the most modern equipment. Plus, this grant will allow the college to engage with young students and encourage them to consider manufacturing as a career.

In addition to automation and robotics, the 120,000 square foot, $40 million Plaster Manufacturing Center will provide training in the following disciplines when it opens in August of 2022:

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OTC receives grant for new automation and robotics program - KOLR - OzarksFirst.com

AI-Guided Robots Are Ready to Sort Your Recyclables – IEEE Spectrum

Its Tuesday night. In front of your house sits a large blue bin, full of newspaper, cardboard, bottles, cans, foil take-out trays, and empty yogurt containers. You may feel virtuous, thinking youre doing your part to reduce waste. But after you rinse out that yogurt container and toss it into the bin, you probably dont think much about it ever again.

The truth about recycling in many parts of the United States and much of Europe is sobering. Tomorrow morning, the contents of the recycling bin will be dumped into a truck and taken to the recycling facility to be sorted. Most of the material will head off for processing and eventual use in new products. But a lot of it will end up in a landfill.

So how much of the material that goes into the typical bin avoids a trip to landfill? For countries that do curbside recycling, the numbercalled the recovery rateappears to average around 70 to 90 percent, though widespread data isnt available. That doesnt seem bad. But in some municipalities, it can go as low as 40 percent.

Whats worse, only a small quantity of all recyclables makes it into the binsjust 32 percent in the United States and 10 to 15 percent globally. Thats a lot of material made from finite resources that needlessly goes to waste.

We have to do better than that. Right now, the recycling industry is facing a financial crisis, thanks to falling prices for sorted recyclables as well as policy, enacted by China in 2018, which restricts the import of many materials destined for recycling and shuts out most recyclables originating in the United States.

There is a way to do better. Using computer vision, machine learning, and robots to identify and sort recycled material, we can improve the accuracy of automatic sorting machines, reduce the need for human intervention, and boost overall recovery rates.

My company, Amp Robotics, based in Louisville, Colo., is developing hardware and software that relies on image analysis to sort recyclables with far higher accuracy and recovery rates than are typical for conventional systems. Other companies are similarly working to apply AI and robotics to recycling, including Bulk Handling Systems, Machinex, and Tomra. To date, the technology has been installed in hundreds of sorting facilities around the world. Expanding its use will prevent waste and help the environment by keeping recyclables out of landfills and making them easier to reprocess and reuse.

AMP Robotics

Before I explain how AI will improve recycling, lets look at how recycled materials were sorted in the past and how theyre being sorted in most parts of the world today.

When recycling began in the 1960s, the task of sorting fell to the consumernewspapers in one bundle, cardboard in another, and glass and cans in their own separate bins. That turned out to be too much of a hassle for many people and limited the amount of recyclable materials gathered.

In the 1970s, many cities took away the multiple bins and replaced them with a single container, with sorting happening downstream. This single stream recycling boosted participation, and it is now the dominant form of recycling in developed countries.

Moving the task of sorting further downstream led to the building of sorting facilities. To do the actual sorting, recycling entrepreneurs adapted equipment from the mining and agriculture industries, filling in with human labor as necessary. These sorting systems had no computer intelligence, relying instead on the physical properties of materials to separate them. Glass, for example, can be broken into tiny pieces and then sifted and collected. Cardboard is rigid and lightit can glide over a series of mechanical camlike disks, while other, denser materials fall in between the disks. Ferrous metals can be magnetically separated from other materials; magnetism can also be induced in nonferrous items, like aluminum, using a large eddy current.

By the 1990s, hyperspectral imaging, developed by NASA and first launched in a satellite in 1972, was becoming commercially viable and began to show up in the recycling world. Unlike human eyes, which mostly see in combinations of red, green, and blue, hyperspectral sensors divide images into many more spectral bands. The technologys ability to distinguish between different types of plastics changed the game for recyclers, bringing not only optical sensing but computer intelligence into the process. Programmable optical sorters were also developed to separate paper products, distinguishing, say, newspaper from junk mail.

So today, much of the sorting is automated. These systems generally sort to 80 to 95 percent puritythat is, 5 to 20 percent of the output shouldnt be there. For the output to be profitable, however, the purity must be higher than 95 percent; below this threshold, the value drops, and often its worth nothing. So humans manually clean up each of the streams, picking out stray objects before the material is compressed and baled for shipping.

Despite all the automated and manual sorting, about 10 to 30 percent of the material that enters the facility ultimately ends up in a landfill. In most cases, more than half of that material is recyclable and worth money but was simply missed.

Weve pushed the current systems as far as they can go. Only AI can do better.

Getting AI into the recycling business means combining pick-and-place robots with accurate real-time object detection. Pick-and-place robots combined with computer vision systems are used in manufacturing to grab particular objects, but they generally are just looking repeatedly for a single item, or for a few items of known shapes and under controlled lighting conditions.Recycling, though, involves infinite variability in the kinds, shapes, and orientations of the objects traveling down the conveyor belt, requiring nearly instantaneous identification along with the quick dispatch of a new trajectory to the robot arm.

AI-based systems guide robotic arms to grab materials from a stream of mixed recyclables and place them in the correct bins. Here, a tandem robot system operates at a Waste Connections recycling facility [top], and a single robot arm [bottom] recovers a piece of corrugated cardboard. The United States does a pretty good job when it comes to cardboard: In 2021, 91.4 percent of discarded cardboard was recycled, according to the American Forest and Paper Association.AMP Robotics

My company first began using AI in 2016 to extract empty cartons from other recyclables at a facility in Colorado; today, we have systems installed in more than 25 U.S. states and six countries. We werent the first company to try AI sorting, but it hadnt previously been used commercially. And we have steadily expanded the types of recyclables our systems can recognize and sort.

AI makes it theoretically possible to recover all of the recyclables from a mixed-material stream at accuracy approaching 100 percent, entirely based on image analysis. If an AI-based sorting system can see an object, it can accurately sort it.

Consider a particularly challenging material for todays recycling sorters: high-density polyethylene (HDPE), a plastic commonly used for detergent bottles and milk jugs. (In the United States, Europe, and China, HDPE products are labeled as No. 2 recyclables.) In a system that relies on hyperspectral imaging, batches of HDPE tend to be mixed with other plastics and may have paper or plastic labels, making it difficult for the hyperspectral imagers to detect the underlying objects chemical composition.

An AI-driven computer-vision system, by contrast, can determine that a bottle is HDPE and not something else by recognizing its packaging. Such a system can also use attributes like color, opacity, and form factor to increase detection accuracy, and even sort by color or specific product, reducing the amount of reprocessing needed. Though the system doesnt attempt to understand the meaning of words on labels, the words are part of an items visual attributes.

We at AMP Robotics have built systems that can do this kind of sorting. In the future, AI systems could also sort by combinations of material and by original use, enabling food-grade materials to be separated from containers that held household cleaners, and paper contaminated with food waste to be separated from clean paper.

Training a neural network to detect objects in the recycling stream is not easy. It is at least several orders of magnitude more challenging than recognizing faces in a photograph, because there can be a nearly infinite variety of ways that recyclable materials can be deformed, and the system has to recognize the permutations.

Its hard enough to train a neural network to identify all the different types of bottles of laundry detergent on the market today, but its an entirely different challenge when you consider the physical deformations that these objects can undergo by the time they reach a recycling facility. They can be folded, torn, or smashed. Mixed into a stream of other objects, a bottle might have only a corner visible. Fluids or food waste might obscure the material.

We train our systems by giving them images of materials belonging to each category, sourced from recycling facilities around the world. My company now has the worlds largest data set of recyclable material images for use in machine learning.

Using this data, our models learn to identify recyclables in the same way their human counterparts do, by spotting patterns and features that distinguish different materials. We continuously collect random samples from all the facilities that use our systems, and then annotate them, add them to our database, and retrain our neural networks. We also test our networks to find models that perform best on target material and do targeted additional training on materials that our systems have trouble identifying correctly.

In general, neural networks are susceptible to learning the wrong thing. Pictures of cows are associated with milk packaging, which is commonly produced as a fiber carton or HDPE container. But milk products can also be packaged in other plastics; for example, single-serving milk bottles may look like the HDPE of gallon jugs but are usually made from an opaque form of the PET (polyethylene terephthalate) used for water bottles. Cows dont always mean fiber or HDPE, in other words.

There is also the challenge of staying up to date with the continual changes in consumer packaging. Any mechanism that relies on visual observation to learn associations between packaging and material types will need to consume a steady stream of data to ensure that objects are classified accurately.

But we can get these systems to work. Right now, our systems do really well on certain categoriesmore than 98 percent accuracy on aluminum cansand are getting better at distinguishing nuances like color, opacity, and initial use (spotting those food-grade plastics).

Now thatAI-basedsystems are ready to take on your recyclables, how might things change? Certainly, they will boost the use of robotics, which is only minimally used in the recycling industry today. Given the perpetual worker shortage in this dull and dirty business, automation is a path worth taking.

AI can also help us understand how well todays existing sorting processes are doing and how we can improve them. Today, we have a very crude understanding of the operational efficiency of sorting facilitieswe weigh trucks on the way in and weigh the output on the way out. No facility can tell you the purity of the products with any certainty; they only audit quality periodically by breaking open random bales. But if you placed an AI-powered vision system over the inputs and outputs of relevant parts of the sorting process, youd gain a holistic view of what material is flowing where. This level of scrutiny is just beginning in hundreds of facilities around the world, and it should lead to greater efficiency in recycling operations. Being able to digitize the real-time flow of recyclables with precision and consistency also provides opportunities to better understand which recyclable materials are and are not currently being recycled and then to identify gaps that will allow facilities to improve their recycling systems overall.

Sorting Robot Picking Mixed PlasticsAMP Robotics

But to really unleash the power of AI on the recycling process, we need to rethink the entire sorting process. Today, recycling operations typically whittle down the mixed stream of materials to the target material by removing nontarget materialthey do a negative sort, in other words. Instead, using AI vision systems with robotic pickers, we can perform a positive sort. Instead of removing nontarget material, we identify each object in a stream and select the target material.

To be sure, our recovery rate and purity are only as good as our algorithms. Those numbers continue to improve as our systems gain more experience in the world and our training data set continues to grow. We expect to eventually hit purity and recovery rates of 100 percent.

The implications of moving from more mechanical systems to AI are profound. Rather than coarsely sorting to 80 percent purity and then manually cleaning up the stream to 95 percent purity, a facility can reach the target purity on the first pass. And instead of having a unique sorting mechanism handling each type of material, a sorting machine can change targets just by a switch in algorithm.

The use of AI also means that we can recover materials long ignored for economic reasons. Until now, it was only economically viable for facilities to pursue the most abundant, high-value items in the waste stream. But with machine-learning systems that do positive sorting on a wider variety of materials, we can start to capture a greater diversity of material at little or no overhead to the business. Thats good for the planet.

We are beginning to see a few AI-based secondary recycling facilities go into operation, with Amps technology first coming online in Denver in late 2020. These systems are currently used where material has already passed through a traditional sort, seeking high-value materials missed or low-value materials that can be sorted in novel ways and therefore find new markets.

Thanks to AI, the industry is beginning to chip away at the mountain of recyclables that end up in landfills each yeara mountain containing billions of tons of recyclables representing billions of dollars lost and nonrenewable resources wasted.

This article appears in the July 2022 print issue as AI Takes a Dumpster Dive .

Link:

AI-Guided Robots Are Ready to Sort Your Recyclables - IEEE Spectrum

ABB survey finds 70% of US businesses looking to bring production closer to home, robotic automation and workforce upskilling essential to return of…

Washington, DC, June 28, 2022 (GLOBE NEWSWIRE) --

In response to the COVID-19 pandemic, geopolitical disputes, raw materials shortages and trade issues that have rocked global economies and supply chains, a majority of U.S.-based companies are planning to relocate production closer to home.

Surveying 1,610 executives in the U.S. and Europe, ABB found that 70% of U.S. businesses are planning changes in their operations, with 37% planning to bring production back home and 33% looking to nearshore and shift their operations to a closer location.

Business leaders are responding to unprecedented supply chain disruptions by putting into place measures to make operations more resilient and adaptable, said Sami Atiya President of ABBs Robotics & Discrete Automation Business, at SelectUSA. While investment in automation plays a key role in flexibility in operations, equally important is investment in education, vocational training, and apprenticeship programs needed to create safer, higher-paying jobs for American workers.

Atiya explained how the increasing need for flexibility and resilience in production is driving the interest in reshoring/nearshoring and, as a result, the demand for more automation. He underscored the role of robotics in facilitating reshoring or nearshoring efforts, addressing supply chain concerns and maintaining global competitiveness for U.S. businesses.

Once confined to the automotive industry, automation and robotics have significantly expanded across multiple industries and sectors across the United States, including logistics, food and beverage, retail, and healthcare. American companies are increasingly turning to automation and robotics driven by the need for greater flexibility in operations, widespread labor shortages and an aging workforce.

According to the International Federation of Robotics, the increase in robot density per 10,000 workers in North America, jumped 28% in Q1 2022 compared to the first quarter of 2021, the highest rate of growth since records have been kept. While in one sector alone, the American Welding Society says the US will face a shortage of 400,000 welders by 2024.

ABBs study also found that American companies are relying more on automation to solve their supply chain woes. 43% of businesses surveyed indicated that they will use automation and robotics to build supply chain resilience, with 75% of US-based businesses noting that robotics and automation will play a significant role in addressing supply chain issues.

Although there is a greater demand for robotics in the United States, ABBs survey found that the rate of investment in automation remains higher in Europe, with 74% of European businesses indicating they will invest in robotics and automation in the next three years compared to 62% in the US.

The role of automation and robotics in reshoring or nearshoring operations in the U.S. also depends on bridging the skills gap in robotics education and better educating and upskilling workers.

Robotics and automation are job creators, requiring new ways of working with new skillsets, noted Atiya We are working with the U.S. government to share ABBs experience in the US and other countries where we operate on how we can accelerate robotics and automation education, vocational training, and apprenticeship programs needed to create safer, and higher-paying jobs for American workers.

Atiya presented at Select USA Tech: The Future of High-Tech Industries alongside other companies including Softbank Group International, GymPass and A-to-Be. In addition to talking about automation and robotics and the growing move to bring production closer to home, Atiya also noted that the business-friendly environment and level of entrepreneurship in the United States fuels ABBs own innovation and growth there.

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ABB in the United States

Since 2010, ABB has invested $14B in the U.S. with plant expansions, operational improvements, state-of-the-art equipment, products, and people, making it the companys largest market. With approximately 20,000 employees in more than 40 manufacturing and distribution facilities, ABB is investing, growing and serving across America through industries that create jobs, encourage innovation and achieve a more productive, sustainable future. ABB Robotics and Discrete Automation operates a robotic facility in Auburn Hills, Michigan serving the automotive, food and beverage, healthcare and other industries.

ABB Robotics & Discrete Automation is a pioneer in robotics, machine automation and digital services, providing innovative solutions for a diverse range of industries, from automotive to electronics to logistics. As one of the worlds leading robotics and machine automation suppliers, we have shipped over 500,000 robot solutions. We help our customers of all sizes to increase productivity, flexibility and simplicity and to improve output quality. We support their transition towards the connected and collaborative factory of the future. ABB Robotics & Discrete Automation employs more than 10,000 people at over 100 locations in more than 53 countries. http://www.abb.com/robotics

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Cobalt Robotics Wins Behavior-based Robotics Innovation Award in the 2022 AI Breakthrough Awards Program – GlobeNewswire

FREMONT, Calif., June 27, 2022 (GLOBE NEWSWIRE) -- Cobalt Robotics, the only company to automate repetitive manual security and facility tasks with an integrated service which unifies state-of-the-art robotics, machine learning software, and expert human oversight, announced today that it has been selected as a winner in the 5th Annual 2022 AI Breakthrough Awards Program taking home the Behavior-based Robotics InnovationAward.

TheAIBreakthroughAwardsprogram performs the deepest evaluations of theAIindustry each year to recognize and highlight the breakthroughAI companies,technologies, products and services from around the world. Over 2,950 nominations were submitted this year, and this is the second win for Cobalt Robotics which was previously honored in 2019.

We are honored to be selected as the winner of the Behavior-based Robotics Innovation Award from the AI Breakthrough Awards Program. This recognition is a testament to our teams continuous innovation and dedication, Mike LeBlanc, Chief Operating Officer of Cobalt Robotics. Hybrid work schedules, remote workers, and new expectations from employees mean that Safety and Security leaders need to rethink how they provide for their employees. Were proud that Cobalt robots have been able to adapt and respond to these issues so quickly.

Cobalts Remote Guarding Service SolutionCobalts Remote Guarding Service Solution includes state-of-the-art robots with over 60+ sensors including day-night cameras, 360-degree cameras, thermal cameras, depth cameras, LIDAR, and badge reading capabilities. Using machine learning, semantic mapping and novelty detection, the robot can independently identify and flag security-relevant anomalies like people, sounds, motion, doors and windows and missing assets. Each robot has a screen for communication between remote security specialists and people on-site.

In the event of an incident, Cobalts security specialists provide human assistance for complex situations. They will triage the incident, contact appropriate personnel and report back to the security team 24/7/365 based on collaboratively established post orders. They can also provide two-way video from the robot to greet employees, request badge credentials and ensure guest check in.

About Cobalt RoboticsCobalt Robotics is the only company to automate repetitive manual security and facility tasks with an integrated service which unifies state-of-the-art robotics, machine learning software, and expert human oversight. Its technology platform and 24/7 dedicated professional security services team improve safety, security and facility workflows with greater efficiency and predictability at substantially reduced costs, while allowing guards to focus on tasks that require judgment, empathy and decision making. Cobalts mobile robotics help companies make their spaces smarter, safer, and more secure, protecting both their employees and intellectual property. Leading enterprises including General Motors and Slack demonstrate that automation in the workplace is a top to bottom priority with Cobalt. Learn more at cobaltrobotics.com.

Media contact:Kerry MetzdorfBig Swing Communications (for Cobalt Robotics)978-463-2575kerry@big-swing.com

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Cobalt Robotics Wins Behavior-based Robotics Innovation Award in the 2022 AI Breakthrough Awards Program - GlobeNewswire

Arbe Robotics (NASDAQ:ARBE) shareholders have endured a 44% loss from investing in the stock a year ago – Yahoo Finance

It's easy to match the overall market return by buying an index fund. Active investors aim to buy stocks that vastly outperform the market - but in the process, they risk under-performance. For example, the Arbe Robotics Ltd. (NASDAQ:ARBE) share price is down 44% in the last year. That contrasts poorly with the market decline of 18%. Arbe Robotics hasn't been listed for long, so although we're wary of recent listings that perform poorly, it may still prove itself with time. Unfortunately the share price momentum is still quite negative, with prices down 15% in thirty days.

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

View our latest analysis for Arbe Robotics

Arbe Robotics isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. When a company doesn't make profits, we'd generally expect to see good revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.

In the last twelve months, Arbe Robotics increased its revenue by 202%. That's a strong result which is better than most other loss making companies. Given the revenue growth, the share price drop of 44% seems quite harsh. Our sympathies to shareholders who are now underwater. Prima facie, revenue growth like that should be a good thing, so it's worth checking whether losses have stabilized. Our monkey brains haven't evolved to think exponentially, so humans do tend to underestimate companies that have exponential growth.

You can see how earnings and revenue have changed over time in the image below (click on the chart to see the exact values).

earnings-and-revenue-growth

You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic.

We doubt Arbe Robotics shareholders are happy with the loss of 44% over twelve months. That falls short of the market, which lost 18%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. With the stock down 10% over the last three months, the market doesn't seem to believe that the company has solved all its problems. Given the relatively short history of this stock, we'd remain pretty wary until we see some strong business performance. It's always interesting to track share price performance over the longer term. But to understand Arbe Robotics better, we need to consider many other factors. Take risks, for example - Arbe Robotics has 2 warning signs we think you should be aware of.

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For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Arbe Robotics (NASDAQ:ARBE) shareholders have endured a 44% loss from investing in the stock a year ago - Yahoo Finance

Mining on the Moon: The NASA Space Robotics Challenge – AZoMining

Human progress has always been dependent on the restricted resources available on Earth. However, the moon, despite its appearance as a barren rock, could be a treasure mine of rare resources important to Earth's survival.

Image Credit:Voraorn Ratanakorn/Shutterstock.com

The moon has long been considered a desirable location for space mining operations. In the wake of NASA's international space mining expeditions, the moon is likely to be the first commercial mining site in space.

The moon is relatively close to Earth in the solar system, and the connection lags are only a few seconds, making it possible to remotely control robots from Earth. Due to its low gravity, relatively little energy will be required to transport mined materials to Earth's orbit.

Previous geological surveys have demonstrated that the moon possesses three essential resources: water, rare earth metals, and Helium-3.

Extracting water from the Moon is essential for sustaining life and cultivation in outer space. Water on the moon can also be converted into oxygen and rocket fuel.

Helium-3 is an extremely rare isotope of helium among naturally occurring isotopes on Earth. This isotope has been considered a replacement for Uranium-235 as a fuel source for nuclear reactors. Helium is not radioactive; therefore, if Helium-3 proves successful and efficient in nuclear fusion reactors, it can become a source of limitless green energy.

In 2011, NASA discovered titanium ores ten times more abundant on the moon than on Earth. Titanium creates an alloy resistant to extreme temperatures, lightweight, very strong, and corrosion-resistant when mixed with aluminum or iron. It could be utilized to make medical implants, engines, and structural frameworks.

A total of 17 different rare metals, including Yttrium and Scandium, are extremely difficult to find on Earth but could be found on the moon. It is possible to use moon metals in the engines of automobiles and the production of glass and ceramics, electrical devices, radar systems, and superconductors.

Mining on the moon is likely to use various robots for safety and economic reasons. Robotic dozing, excavation, robotic surveying and mapping, handling explosives, and drilling are just a few of the many applications of robotics in mining. Robots can easily handle open pit mining for extracting resources at irregular thick deposits on the surface at shallow depths.

Extracting resources from the moon will have to rely on robots with a high level of autonomy due to the difficulty of establishing a large-scale human presence in space and the unavailability of real-time interplanetary communication.

Although semi-automated mining systems exist on Earth, they rely on advanced infrastructures such as global navigation satellite systems (GNSS), easy access to fuel, well-maintained roads, and maintenance. These facilities will not be available in international space mining missions where robots will face hazardous terrain, a lack of precise positioning systems, restricted power supply, and various other challenges.

In addition to navigating in an unstructured environment and avoiding obstacles without exact satellite positioning, a robot could maneuver and interact with other robots without causing damage. To ensure long-term functioning, each robot should have a high level of intelligence and a multi-robot coordination mechanism.

Cornell University researchers have developed a solution to overcome major obstacles to autonomous robots for collaborative space mining, which include the absence of navigation in hazardous terrain, satellite positioning systems, and the necessity for sensitive robot interactions.

The designed robot extensively uses machine-learning-based robotic perception to achieve precise localization, conceptual mapping of the lunar surface, and object detection to permit precise close-range movement between rovers.

The system is an implementation of autonomous space mining within the NASA SRCP2 framework. The rovers can successfully travel and extract space resources from the simulated lunar environment for lengthy periods when guided by robotic vision.

Periodically, the vision system corrects localization drift and creates a persistent map that provides semantic scene interpretation in rover interaction and obstacle avoidance.

The Space Robotics Challenge is a virtual competition designed to enhance autonomous capabilities and robotic software for space research missions on the surface of distant planets and moons. The competition occurs within a simulation software environment.

The first phase of the competition was completed in June 2017 and centered on the R5 humanoid robot functioning in a virtual Mars environment. It consisted of two rounds of challenges and tasked contestants with enhancing the technology development and dexterity capabilities of humanoid robots to allow them to work alongside and independently of astronauts.

Through these challenges, NASA aims to develop robots that will take part in international space expeditions and set up life-support systems before the arrival of astronauts, build habitats, establish communications, and conduct preliminary scientific research.

The moon has always inspired humanity. Its presence has stimulated a sense of space exploration and a drive to explore uncharted realms. As the population of our planet rises, it will be essential to seek out alternative sources to maintain its natural resources.

However, before humanity launches a serious endeavor to explore the moon and beyond, numerous technological and moral questions must be resolved. Today, establishing the foundation for peaceful growth could go a long way toward uniting nations under a single, global strategy.

NASA. (2022). NASA's Centennial Challenges: Space Robotics Challenge. [Online]. National Aeronautics and Space Administration. Available at: https://www.nasa.gov/directorates/spacetech/centennial_challenges/space_robotics/about.html

Sachdeva, R., Hammond, R., Bockman, J., Arthur, A., Smart, B., Craggs, D., & Reid, I. (2022). Robotic Vision for Space Mining. arXiv preprint arXiv:2109.12109v3. https://doi.org/10.48550/arXiv.2109.12109

Staedter, T. (2020). Why on Earth Should We Be Mining the Moon? [Online]. Available at: https://now.northropgrumman.com/why-on-earth-should-we-be-mining-the-moon/

Xu, F. (2020). The approach to sustainable space mining: issues, challenges, and solutions. In IOP Conference Series: Materials Science and Engineering (Vol. 738, No. 1, p. 012014). IOP Publishing. https://doi.org/10.1088/1757-899X/738/1/012014

Disclaimer: The views expressed here are those of the author expressed in their private capacity and do not necessarily represent the views of AZoM.com Limited T/A AZoNetwork the owner and operator of this website. This disclaimer forms part of the Terms and conditions of use of this website.

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Mining on the Moon: The NASA Space Robotics Challenge - AZoMining