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Category Archives: Robotics

Sheryl Seitz, VP of Marketing and Communications at Plus One Robotics, accepted into Forbes Communications Council – GlobeNewswire

Posted: April 17, 2021 at 12:04 pm

San Francisco, CA, April 15, 2021 (GLOBE NEWSWIRE) -- Sheryl Seitz, VP of Marketing and Communications at Plus One Robotics, a leading software company making 3D and AI-powered vision for logistics robots, has been accepted into Forbes Communications Council, an invitation-only community for executives in communications, marketing, and public relations.

Sheryl was vetted and selected by a review committee based on the depth and diversity of her experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

We are honored to welcome Sheryl into the community, said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Communications Council. Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.

As an accepted member of the Council, Sheryl has access to a variety of exclusive opportunities designed to help her reach peak professional influence. She will connect and collaborate with other respected local leaders in a private forum. Sheryl will also be invited to work with a professional editorial team to share her expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Im delighted to join the Forbes Communication Council. With the surge in demand for ecommerce globally, its an exciting time to work with cutting-edge robotics and innovative customers that are transforming the supply chain. I look forward to exchanging knowledge with the Council members, and sharing my career learnings on Forbes.com, Sheryl commented.

ABOUT FORBES COUNCILS

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Communications Council, visit forbescommcouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

ABOUT PLUS ONE ROBOTICS INC

PlusOne Robotics was founded in 2016 with a mission to bring industrial robotics to the warehouse. The company was founded by computer vision and robotics industry veterans to provide leading-edge 3D and AI vision capabilities for logistics robots.PlusOnes novel approach to human/robot collaboration and supervised autonomy ensures that systems arefast, reliable andscalable, allowing one person to manage many robotssimultaneously.PlusOnescustomers include logistics and ecommerce leaders in the Fortune 100.PlusOne Robotics is headquartered in San Antonio, Texas. The company was recognized as The Best Place to Work in San Antonio for the past two years, named theBestVisionSoftware companyfor Customer Value Leadership by Frost and Sullivan, and ranked #7th top AI company in The Informations 50 Most Promising Startups 2020.Visitplusonerobotics.com, and follow on LinkedIn(linkedin.com/company/plusonerobotics), Twitter(twitter.com/PlusOneRobotics)Instagram (instagram.com/plusonerobotics) and Facebook (facebook.com/plusonerobotics) for more information.

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Sheryl Seitz, VP of Marketing and Communications at Plus One Robotics, accepted into Forbes Communications Council - GlobeNewswire

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Army to have 12 robotic ground vehicles at PC 21 – Inside Defense

Posted: at 12:04 pm

The Army will have 12 robotic ground vehicles at Project Convergence 21, Maj. Gen. Ross Coffman, director of the Next Generation Combat Vehicle Cross-Functional Team, said April 15.

This is an increase from the less than five that were at last years demonstration, he said.

The robots will be equipped with a variety of sensors, including low-wattage lidar, visual, nuclear, chemical and thermal sensors, as well as tethered and untethered unmanned aerial vehicles, Coffman said during a talk at the Association for Unmanned Vehicle Systems International.

This will provide the Army an opportunity to observe how soldiers can most effectively interact with robots on the battlefield.

Theres a lot of effort out there to determine whats the best way to use robots, Coffman said. Should they be additive? Or substitute what humans do on the battlefield?

Key technological issues for robotics that the Army will examine during the demonstration include autonomous resupply, computer vision and aided target recognition, he said.

Coffman spoke with Inside Defense last month about the Next Generation Independent Fire Control, a program to detect and locate targets for combat vehicles that will be demonstrated at PC 21.

All of the robots will be payload-agnostic, he said. One of the key tasks for their sensors will be constantly mapping the battlefield to give soldiers better information.

As the Army moves forward with robotics, it will be important to determine what needs to be standardized across platforms, Coffman said. He said there have been discussions about making a common physical controller, but that common software might be more important.

Do you need the same controller for a small UAV that you do for a large robot? We dont think so, Coffman said. But what we do know is that the software must be consistent.

Common software platforms could make it easier to integrate new robots into the Army, and it would be more cost-effective than having to make entirely new code for each robot, he said.

The Armys future robots will not necessarily need to reach the same extremely high standards that manned combat vehicles are currently held to, Coffman said. He added it will be most important that they work well enough to get the job done.

We need the minimum viable product, Coffman said. It doesnt need to be gold-plated.

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How robotics and coding are shaping the future of Indian students – India Today

Posted: at 12:04 pm

The constant evolutions of technology have played an ongoing role in developing the education system and upgrading new learnings. Necessary for enhancing practical learning skills in Indian students. What was earlier limited to computer classes has now further moved to an integrated part of the curriculum.

Tech development has been embedded with education as it imparts real problem-solving skills & critical approach along with out-of-the-box thinking, which ensures the creative horizon ultimately expands in the minds of young students.

The rapid developing technology in a country like India is at the pinnacle of the economic and social fabric. Thus, introducing tech at an early age improves their technological fluency and helps them become a future-ready Indian workforce based on tech.

Technology within the education system allows children to broaden their perspective of the increasing interconnectedness and interdependence in the world smartly. It has enabled digital classrooms and interactive e-learning solutions which have now become the core of the education culture/system in India. With advancements like AI, STEM education, machine learning, etc., enhance their decision-making ability and empower them to become independent decision-makers.

Parents with increasing awareness, now understand the importance of early development and adopting subjects like robotics and coding early in life. If adopted from a young age coding and robotics will help in the overall development of children.

Programming and designing are very vast fields, it is neither limited nor fixed, therefore, students are encouraged to think of various possibilities, analyze and use logic and reasoning to come up with the method best suited to their skills. The trend of techies in demand in India has only been going up, and no doubt that the future very much lies in the merit of the technology.

A plethora of career opportunities for children has opened up since the inception of STEM education as it involves various principles of mechanical and electrical engineering. Technology as space is so vast that it possibly touches every small segment of our lives, from our phones to the light in the room, everything is technology.

Thus, including coding and robotics in the K12 curriculum empowers students to think differently, understand the STEM subjects and concepts better, thereby laying a strong foundation for learning and making students future-ready.

There is no fixed method of designing and programming a robot. Therefore, students should be encouraged to think of various possibilities, analyze and use logic and reasoning to come up with the method best suited to their skills. This, in turn, will enhance their decision-making ability and empower them to become independent decision-makers.

What most people at times forget is technology let alone cannot always be sufficient for the development of mankind. In the words of Steve Jobs, technology alone is not enough. It is technology married with liberal arts, married to the humanities, that yields us the results that make our hearts sing. Hence, it automatically becomes important that we focus on all the aspects of life and correlate it with technology, but at the same time understanding the value of those other things go hand in hand.

21st-century skills are the new focus of education, to inculcate habits and develop these skills is not at all an easy task. Schools and parents, understanding the need of the hour of overall development have become more aware of coding and robotics importance.

The problems of today and the unforeseen complex world of tomorrow need to be viewed from multiple lenses of the past and the future. And now that the technology is shaping what the future would look like, it will definitely be impacted by yesterday and today.

Therefore, we can say that technology in education has further created an up-to-date platform filling the need gap between the required skill for employment. It is not only shaping the future of students in India but making it secure for future demands, allowing children an opportunity to prove themselves in a world full of competition and excellence.

Article by Sneha Priya, Co-founder, SP Robotic Works.

Read: Trends that will influence the study abroad market in 2021

Read: 5 critical skills needed for jobs in the Indian Furniture Industry

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How robotics and coding are shaping the future of Indian students - India Today

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How this robotics company is transforming the surgery experience – Yahoo Finance

Posted: at 12:04 pm

Yahoo Finances Brian Sozzi and Myles Udland speak with Vicarious Surgical Co-founder & CEO Adam Sachs about the companys SPAC deal, and outlook for the surgical robotic space.

BRIAN SOZZI: Surgical robotics company Vicarious Surgical said today it will merge with SPAC D8 Holdings for vowing to help their play at $1.1 billion. Company's robot has arms that help replicate human motion during surgery. And it has some well-known backers, including Yahoo co-founder Jerry Yang and Microsoft founder Bill Gates. Joining us now is Vicarious Surgical's co-founder and CEO, Adam Sachs. Adam, congratulations on the deal. So let's start with this. You have what is called FDA breakthrough designation. What does that allow you to do? And when do you anticipate full FDA approval for your robot?

ADAM SACHS: Yeah, so first, thank you guys so much for making the time. So the-- yeah, we're incredibly excited about this transaction today, of course. And the breakthrough designation specifically was granted to us after careful review from the agency. And it essentially means that they've looked at the details of what we're doing. And they're confident that our core technology is different in a fundamental way that will actually provide better outcomes for patients, right? This means that the things that we've done from an engineering perspective, the things that we've invented will actually enable better outcomes.

So, from a regulatory standpoint, the agency has created this program in order to work closely with us in order to ensure that our device is safe, effective, and gets to the market as quickly as possible. And we're going to work with them to do exactly that. We anticipate filing to the FDA in late 2023.

MYLES UDLAND: So, Adam, we see the road map in the presentation of when this is going to maybe be actually carrying out some surgeries. But maybe we can take a step back. And if you could just outline for us what the state of robotics in surgery rooms is like today, what's available, what's not, what are people working on, and how do you guys see, I guess, the future of surgery if we want to think about it that way. How do you see that evolving over the coming decades?

Story continues

ADAM SACHS: Yeah, it's a really good question. So if it's OK with you, I'd like to actually even take a step back before robotics and talk about the history of surgery here. Because it really starts with open surgery, where surgeons would actually take a scalpel, make a large incision across a patient's abdominal wall, and quite literally open up the patient. And of course, this allows the surgeon to do the procedure. But the incision itself causes most of the injury to the patient.

So that's what minimally invasive surgery is all about, laparoscopy-- three to five small incisions 1.5 centimeters across where you can insert these long, slender instruments into the abdominal cavity and pivot about the abdominal wall. But because the motion pivots about the abdominal wall, it's really hard to do surgery. So that's where legacy surgical robots come in. These systems are $2 million and require dedicated operating rooms. And they-- but on top of all of that, they still pivot about the abdominal wall. So they add a wrist which helps with suturing, but the surgeon needs to still learn how to create the motion, the kinematic profile of the robot for every procedure that they perform.

That's why it's so important to us to have taken a step back. Spent the last seven years reinventing the way surgical robotics works and actually designed these decoupled actuators that allow us to insert all of the robotic motion, 9 degrees of freedom per arm, plus 3 degrees of freedom in the camera, wrists, elbows, and shoulders of the surgeon all inside the abdomen through this single incision that's a normal minimally invasive surgical sized incision. It's a tremendous difference for the patient, but also for the surgeon and the hospital, where now they don't need to learn how to set up such a complex system.

BRIAN SOZZI: Adam, to be fair, I was watching some of the images on the screen. I'm like, I'm not so sure if I want a robot trying to fix my broken finger or leg. Is that one of the biggest-- that perception, is that one of the biggest roadblocks you have to overcome in your journey as a public company?

ADAM SACHS: Yeah, so I would say it's been one of the things that has to be overcome for surgical robots. But, you know, we're fortunate to have some competitors in the field that have already paved this pathway, already proven that, the capability and safety of surgical robots, but due to a number of constraints and limitations, have failed to gain over 20 years more than about 30% market adoption. So we have this incredible opportunity. The pathway has already been paved. And surgical robots already have a place in the operating room today and have proved that they can be safe.

MYLES UDLAND: And Adam, just finally, you guys flagged a couple of procedures, you know, hernias, gall bladder procedures that are kind of the initial entry point for your markets. How much are you thinking about just getting those handful of procedures down before you move into other areas? And I guess, another way of asking, like, I'm assuming if I ever go in for brain surgery, it's going to be a long time before a robot is kind of working inside my head.

ADAM SACHS: Yeah, we're-- I mean, we are starting with those handful of procedures that are outlined in the presentation, ventral hernia being the first procedure. It's one of the reasons that we're so excited to have BD, the world leader in hernia repair products, joining in the pipe in this investment and partnering with us long term for the future of our both of our companies. But these are just stepping stones to the rest of the market. I mean, they were both incredible multibillion dollar markets that we're incredibly excited to have an actual clinical benefit for, really, the first time in surgical robotics history around this large segment of the market.

But at the same time, within a year, we'll be launching tool after tool and indication after indication and greatly expanding our market outside of that, targeting essentially all other abdominal procedures within a few years, including gynecology, urology, and general surgery. I mean, you are right to assume that the brain surgery is further away on our path today.

BRIAN SOZZI: Interesting stuff. Looking forward to following your journey. Vicarious Surgical's co-founder and CEO Adam Sachs, thanks for joining us today.

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Global Assistive Robotics Market Research, Global Industry Analysis, Share, Types, Growth, Trends, key Segments with Forecast 2021-2028 The Courier -…

Posted: at 12:04 pm

The Latest Released GlobalAssistive Robotics MarketReport offers a critical assessment of key growth dynamics, emerging avenues, investment trends in key regional markets, and the competitive landscape in various regions and strategies of top key players. The study also offer insight into the share and size of various segments in the Global Assistive Robotics Market. The report presents the market analysis on the basis of several factors. Different exploratory techniques such as, qualitative and quantitative analysis have been used to give data accurately. For better understanding of the customers, it uses effective graphical presentation techniques, such as graphs, charts, tables as well as pictures.

Request to Get the PDF Sample of the Report:https://www.qyreports.com/request-sample/?report-id=223703

The report firstly introduced the Assistive Robotics Market basics: Definitions, Classifications, Applications and Market Overview, Product Specifications, Manufacturing Processes, Cost Structures, Raw Materials and so on. The Report analyzes the worlds primary locale showcase conditions, counting the Item Cost, Benefit, Capacity, Generation, Supply, Request, Advertise Development Rate and Estimate etc. Within the conclusion, the report presented unused extend SWOT examination, speculation possibility examination, and speculation return examination.

Key Players Profiled in the Global Assistive Robotics Market Report are:

Kinova Robotics (Canada), Focal Meditech (Netherlands), Cyberdyne (Japan), Intuitive Surgical (US), ReWalk Robotics (Israel), SoftBank Robotics (Japan), Ekso Bionics (US), Ubtech Robotics (China), Barrett Technology (US), Hocoma (Switzerland), Blue Frog Robotics (France), DreamFace Technologies (US), Double Robotics (US), Fourier Intelligence (China), CT Asia Robotics (Thailand), F&P Robotics (Switzerland), Hanson Robotics (China), Rex Bionics (New Zealand)

Global Assistive Robotics Market Segmentation:

Market segmentation, by product types:

Market segmentation, by applications:

Based on Region:

Research Methodology:

A recent market intelligence report that is published on the global Assistive Robotics market makes an offering of analysis of segments and sub-segments in the regional and international market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of global Assistive Robotics market is offered.

Ask for Discount on the Report:https://www.qyreports.com/ask-for-discount/?report-id=223703

The report studies the Global Assistive Robotics marketing details and offers a granular analysis of the different factors promoting or hindering the markets growth. It leverages market-leading explanatory instruments to gage the openings anticipating players. It moreover profiles the driving companies working in that and captures information on their incomes. Their item offerings are figured in to decide the advertise division.

Global Assistive Robotics Market Report Summary:

The report covers a wide run of ranges for way better experiences of the worldwide market and industry trends and forecasts. The report covers market patterns based on product types, application regions and key vendors. Market affecting variables such as drivers, controls and venture openings has been carefully detailed in this report. The examination of the market patterns, examination and figure has been done both at the large scale and micro level viewpoint. It further gives a total thought of the strategies received by major competitors within the business. Other significant variables, which works at the regional and worldwide level to affect the market trends has been included. These impacting variables are socio-political situation, environmental conditions, demography, legal organizations, and competitive environment of the region.

Enquiry before Buying this Premium Report:https://www.qyreports.com/enquiry-before-buying/?report-id=223703

Impact of COVID-19:

The Assistive Robotics Market report includes overview, which deciphers value chain structure, industrial environment, regional examination, applications, market size and forecast. Usually a most recent report, covering the current COVID-19 effect on the market. The pandemic of Coronavirus (COVID-19) has influenced each viewpoint of life all inclusive. This has brought along a few changes in market conditions. The quickly changing market situation and initial and future evaluation of the affect is secured within the report. The report gives an overall analysis of the market based on types, applications, regions, and for the forecast period from 2021 to 2028. It moreover offers investment opportunities and likely threats within the market based on a brilliantly investigation.

Table of Contents:

Part 1:Executive Summary

Part 2:Scope of the Report

Part 3:Research Methodology

Part 4:Market Landscape

Part 5:Pipeline Analysis

Part 6:Market Sizing

Part 7:Five Forces Analysis

Part 8:Market Segmentation

Part 9:Customer Landscape

Part 10:Regional Landscape

Part 11:Decision Framework

Part 12:Drivers and Challenges

Part 13:Market Trends

Part 14:Vendor Landscape

Part 15:Vendor Analysis

Part 16:Appendix

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Robin Autopilot Continues Its Growth in Robotic Lawn Care with the Acquisition of Mowbot and expanded partnership with Husqvarna – PRNewswire

Posted: at 12:04 pm

DALLAS, April 15, 2021 /PRNewswire/ --Robin Autopilot USA, a leader in robotic mowing technology, announced today that it has acquired Mowbot, a robotic lawn care franchise business with 16 locations throughout the U.S. As part of the acquisition, Robin Autopilot will launch a newly expanded partnership with Husqvarna Group, a major investor in Mowbot and a current equity partner of Robin.

Following the transaction, Mowbot will become known as "Mowbot Powered by Robin" and will move its headquarters from Durham, North Carolina to the Dallas-Fort Worth Metroplex where Robin is looking to expand its US headquarters. The business will be managed by Robin Holdings, led by Chief Executive Officer Logan Fahey.

Mowbot's operators will gain full access to all of Robin's key offerings, including:

The acquisition continues Robin's rapid expansion as it strengthens its leadership position in robotics as a service (RaaS) for the U.S. lawn care industry. In December 2020, Robin entered a similar arrangement with Weed Man USA to introduce the benefits of robotic mowing to a growing portion of the North American lawn maintenance and landscaping market.

"Husqvarna is a pioneer in the robotic mowing industry, and we are pleased to partner with them even more directly as we work together to change how North America mows," Fahey said. "Adding Mowbot's experienced operators to the Robin platform will further our goal to expand our presence as a leader in disruptive RaaS technology for the lawn care industry. Robin's innovative platform coupled with Husqvarna's global leadership in robotics will provide leading-edge RaaS solutions for landscapers and industry professionals throughout the sector."

"We believe robotic technology will play a rapidly growing role in the future of lawn care," said Robert McCutcheon, President of Husqvarna NA. "We consider this an outstanding opportunity to partner with Robin, the leader in the RaaS market for the U.S., to expand our presence in this expanding market."

About Robin Autopilot

Launched in 2017, Robin wanted to offer a smarter lawn care experience for people and the environment. So, they developed the first-of-its-kind, emissions-free robotic mowing service. Since then, Robin has expanded throughout the U.S. to provide more and more customers with this innovative service and unique subscription-based model.

By enabling its member companies to provide a 5-star customer experience and an innovative alternative to their traditional lawncare, they're empowering businesses powered by Robin to become more profitable, competitive, and sustainable in the long term.

Robin offers subscribers a customized subscription-based platform for running a robot as a service business. Based on their subscription level, Robin provides tiered access to proprietary products (software, operating manual, robotic door for homes with fences, and more) and non-proprietary products (marketing program, training and support, financing for robots and doors).

About Mowbot

Founded in 2017, Mowbot provides high-quality and environmentally friendly robotic lawn care services for residential and commercial customers through 16 franchise locations across the U.S. In 2019, Husqvarna Group of Stockholm, Sweden, announced a venture investment in Mowbot to partner in the expansion of its national robotic lawn care network and continue its acceleration of franchise sales. Mowbot's tagline of "Clean. Green. Quiet" reflects its commitment to contributing to a better environment through environmentally responsible lawn care.

About Husqvarna Group

Husqvarna Group is a leading global producer of outdoor power products and innovative solutions for forest, park and garden care. Products include chainsaws, trimmers, robotic lawn mowers and ride-on lawn mowers. The Group is also the European leader in garden watering products and a global leader in cutting equipment and diamond tools for the construction and stone industries. The Group's products and solutions are sold under brands including Husqvarna, Gardena, McCulloch, Flymo, Zenoah and Diamant Boart via dealers and retailers to consumers and professionals in more than 100 countries.

For more information, contact:

For Husqvarna: Jeremy Putney, Marketing & Communications[emailprotected]

For Robin Autopilot: Ellen Bruno, VP, Operations [emailprotected]

SOURCE Robin Autopilot

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Robin Autopilot Continues Its Growth in Robotic Lawn Care with the Acquisition of Mowbot and expanded partnership with Husqvarna - PRNewswire

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Cloud Robotics Market 2021 Global Industry Size, Growth, Reviews, Share Evaluation, Segments, Demand, Revenue and Forecast to 2028 The Courier – The…

Posted: at 12:04 pm

Cloud Robotics market report focuses on the COVID19 Outbreak Impact analysis of key points susceptible to the market growth. PESTEL analysis and SWOT analysis are used by our research team to depict the market trade chain, development trends, competitive landscape analysis, and key regions development status. Holistic market research is conducted by analysts to understand market segmentation, changing technological aspects, market news, acquisition, and various company profiles that provide accurate and applicable data to the readers, stakeholders, and industry experts. The study on the market is looked at from the futuristic development perspective.

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The report firstly introduced the Cloud Robotics Market basics: Definitions, Classifications, Applications and Market Overview, Specifications, Manufacturing Processes, Cost Structures, Raw Materials and so on. The Report analyzes the worlds primary locale showcase conditions, counting the Item Cost, Benefit, Capacity, Generation, Supply, Request, Advertise Development Rate and Estimate etc. Within the conclusion, the report presented unused extend SWOT examination, speculation possibility examination, and speculation return examination.

The Key insights of the report:

Major Market Players Profiled in the Report are:

FANUCKUKAABBYaskawaMitsubishiIrobotSoftBankHit Robot GroupSIASUNFenjin

Based on the type of product, the global Cloud Robotics market segmented intoIndustrialSoftwareServices

Based on the end-use, the global Cloud Robotics market classified intoIndustrialProfessional ServicePersonal Service

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Global Cloud Robotics Market Report Comprises:

The report studies the marketing details and offers a granular analysis of the different factors promoting or hindering the markets growth. It leverages market-leading explanatory instruments to gage the openings anticipating players. It moreover profiles the driving companies working in that and captures information on their incomes. Their item offerings are figured in to decide the advertise division.

Summary:

The report covers a wide run of ranges for way better experiences of the worldwide market and industry trends and forecasts. The report covers market patterns based on types, application regions and key vendors. Market affecting variables such as drivers, controls and venture openings has been carefully detailed in this report. The examination of the market patterns, examination and figure has been done both at the large scale and micro level viewpoint. It further gives a total thought of the strategies received by major competitors within the business. Other significant variables, which works at the regional and worldwide level to affect the market trends has been included. These impacting variables are socio-political situation, environmental conditions, demography, legal organizations, and competitive environment of the region.

Enquiry before Buying this Premium Report:https://www.researchnreports.com/enquiry_before_buying.php?id=53374

Impact of COVID-19:

The Cloud Robotics Market report includes overview, which deciphers value chain structure, industrial environment, regional examination, applications, market size and forecast. Usually a most recent report, covering the current COVID-19 effect on the market. The pandemic of Coronavirus (COVID-19) has influenced each viewpoint of life all inclusive. This has brought along a few changes in market conditions. The quickly changing market situation and initial and future evaluation of the affect is secured within the report. The report gives an overall analysis of the market based on types, applications, regions, and for the forecast period from 2021 to 2028. It moreover offers investment opportunities and likely threats within the market based on a brilliantly investigation.

The years considered to estimate the market size in this study are as follows:

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Multiply Labs Announces $20 Million Series A to Pioneer Robotic Manufacturing of Individualized Drugs – Business Wire

Posted: at 12:04 pm

SAN FRANCISCO--(BUSINESS WIRE)--Multiply Labs, a robotics company developing automated manufacturing systems for the production of individualized drugs, announced today that it has raised $20 million in a Series A financing led by Casdin Capital. New investors Lux Capital and Pathfinder, Founders Funds early stage investment vehicle also participated in the round, along with seed investors Fifty Years and Garage Capital. The oversubscribed round brings Multiply Labs total funding raised to date to more than $25 million. With this round, Michael Doherty, a personalized medicine pioneer and former head of Regulatory Affairs at Roche and a representative of Casdin Capital will join Multiply Labs Board of Directors.

Multiply Labs operates at the intersection of robotics and pharmaceutical manufacturing. The company was founded to leverage automation to address the fundamental limitations of the heavily manual processes that are traditionally used to manufacture small-batch pharmaceutical products. Multiply Labs robotic systems leverage the latest advancements in autonomous technology from collaborative robots to cloud-controlled fleets to enable the production of individualized drugs at industrial scale.

The company provides robotic manufacturing capacity as a service for biotech organizations, focusing on two markets: robotic manufacturing of personalized capsules for clinical trials, and robotic manufacturing of cell therapies. Multiply Labs is developing cloud-controlled robotic systems for the production of experimental cell therapies in collaboration with a Consortium of leading industrial and research organizations in the space.

We strongly believe that robotic technology is essential to scale the production of individualized, next-gen drugs. Only automation can bring these life-saving therapies to all the patients who need them, safely and efficiently, said Fred Parietti, PhD, Co-founder and CEO of Multiply Labs. Our goal is to augment pharma manufacturing with deep, industry-leading robotics technology. We are proud to work with top investors in both biopharma and tech. This funding will allow us to grow our installed production capacity, while expanding our range of applications to new therapies.

The Multiply Labs robotics platform has the added potential to introduce a digital, total quality control system, said Michael Doherty, former head of Regulatory Affairs at Roche. It is with great excitement that I join Multiply Labs Board of Directors to support the team in developing and scaling this pioneering technology.

If you look behind every great disruptive technological advance you will find scaled and efficient manufacturing, said Eli Casdin, Chief Investment Officer and Founder, Casdin Capital. Precision medicine and the wave of molecular therapies on the horizon is no different. We see Multiply Labs platform and the teams deep expertise in robotics and pharma R&D, as uniquely positioned to deliver the increased efficiency, lower cost, and greater flexibility necessary to accelerate innovative drug discovery and production. We are excited to lend our help and capital to fuel the companys next leg of growth.

About Multiply Labs

Multiply Labs is a robotics technology company that provides autonomous manufacturing services to the pharmaceutical industry. The company develops advanced, cloud-controlled robotic systems that enable the production of individualized drugs at scale. Its customers include some of the largest global organizations in the advanced pharmaceutical manufacturing space. Multiply Labs expertise is at the intersection of robotics and biopharma its team includes mechanical engineers, electrical engineers, computer scientists, software engineers and pharmaceutical scientists. Most of the founding team got in touch because of their shared love of robots at MIT. The company is based in San Francisco, California. For more information please visit http://www.multiplylabs.com.

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Multiply Labs Announces $20 Million Series A to Pioneer Robotic Manufacturing of Individualized Drugs - Business Wire

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Mountain Pointe awarded $2000 by Raytheon for its VEX Robotics team – azpreps365.com

Posted: April 11, 2021 at 5:51 am

Continuing to expand opportunities for AIA member schools in the field of VEX Robotics, Raytheon Missiles & Defense, a business of Raytheon Technologies (NSYE: RTX), has awarded Mountain Pointe High School in South Phoenix $2,000 to bolster its program and get the group back in the lab for in-person builds.

The award will ensure that Mountain Pointes team is able to acquire additional resources for 2021-22, including purchasing new VEX robotics kits. The school indicated it will also use the funds to host VEX events as well as provide demonstrations at middle school classes to encourage younger students to get involved in robotics.

The pandemic took our team by surprise. In March of 2020, another robotics competition we competed in was canceled, so we were not able to compete in the Arizona regionals, said Ellen Liu, Mountain Pointes VEX Robotics advisor. Then our entire school district went virtual, so we had to transition our team to a virtual platform. We ended up finishing last school year virtually and conducted our lead selection process online.

Since the fall of 2020, our team has been meeting weekly and we made the difficult decision to take a break from VEX robotics this year because our students were unable to meet on campus, thus limiting our ability to build any robots. Our team has struggled without access to a physical robot or tools to work with. But we managed to conduct some activities that could be done online during our offseason and keeping our community updated about our team.

This is the third year Raytheon Missiles & Defense has awarded a VEX robotics grant. Past recipients include Desert Edge High School and Amphitheater High School. The grant is part of the companys broader commitment to support science, technology, engineering and mathematics or STEM education in Arizona.

About Raytheon Missiles & Defense

Raytheon Missiles & Defense brings global customers the most advanced end-to-end solutions delivering the advantage of one innovative partner to detect, track, and intercept threats. With a broad portfolio of air and missile defense systems, precision weapons, radars, command and control systems and advanced defense technologies Raytheon Missiles & Defense solutions protect citizens, warfighters and infrastructure in more than fifty countries around the world.

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Mountain Pointe awarded $2000 by Raytheon for its VEX Robotics team - azpreps365.com

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AppHarvest acquires agriculture robotics startup Root AI | The Burn-In – The Burn-In

Posted: at 5:51 am

As the worlds population grows, the need for more efficient food production is rising. Of course, there is only so much land that can be used for farming and agriculture. Technology is helping solve that problem by giving farmers ways to increase their crop yields, use less resources, and save money in their operations.

Root AI has been making waves in the agriculture tech sector since it was founded. It offers robots that autonomously tend to crops, performing tasks like watering and harvesting. Now, the startup has been acquired by AppHarvest, an indoor farming company. The duo announced the deal in a press release on Thursday.

Both Root AI and AppHarvest share a similar missionto make agriculture more efficient by using technology. Although the two have gone about things in different ways, that common goal should make the acquisition process rather smooth.

As robotics within the agriculture world have gotten an extra boost thanks to COVID-19, Root AI has been a beneficiary. The startup has raised nearly $10 million in funding to date. Most investors are interested in its Virgo robotic harvesting system. Last August, The Burn-In covered its $7.2 million seed round.

On the other hand, AppHarvest has primarily been focused on using artificial intelligence (AI) to gather actionable data within the agriculture world. In a statement, the companys founder, CEO Jonathan Webb, said, Farming as weve known it is broken because of the increasing number of variables such as extreme weather, droughts, fire, and contamination by animals that make our food system unreliable.

Indoor farming solves for many of those challenges, and the data gathered can exponentially deliver more insights that help us predict and control crop quality and yield, he continues.

Moving forward, its likely that AppHarvest will integrate Root AIs robotics into its business in some way. In the meantime, the company appears to be more interested in the data those robots collect. Working the data in with its regular AI can deliver incredible insights on crop growth and yield.

If AppHarvests acquisition of Root AI says anything, its that the agriculture world is hungrier than ever for new tech. Startups like Root AI find themselves in an incredibly hot market with plenty of room for additional growth.

With that in mind, the high-tech agriculture space is worth keeping an eye on in the coming years. Its likely that more and more companies will attempt to break into the space before it becomes too crowded. For now, it is anyones game.

By acquiring Root AI, AppHarvest gives itself an advantage. Not only will the company be able to offer its customers AI-driven analytics, it can also entice them with harvesting robots that collect crops and data simultaneously.

It will be interesting to see how AppHarvest decides to use the assets of its latest acquisition.

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AppHarvest acquires agriculture robotics startup Root AI | The Burn-In - The Burn-In

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