Category Archives: Robotics

The data which shows that robot-assisted procedures accounted for 15.1% of all general surgeries in 2018, up from 1.8% in 2012,1 is an indication of two things:

1) Humanity is slowly beginning to trust robotics systems more; and

2) Robot-assisted procedures are becoming more accessible.

In the long term, integrating robotics into surgical procedures will result in a more enhanced healthcare system: we would be able to perform more complex surgical procedures, and as a result, save more lives. But this change would also require a pivot in the educational system. In order to sustain a high standard of performance using the existing solutions on the market, doctors would need to understand the basics of robotics; otherwise a more intuitive navigation system will be required.

In addition to the rise in surgical robots, there has a rapid increase in the overall implementation of robotics applications in healthcare. The COVID-19 pandemic has shifted the way robots are perceived now they can be involved in patient screening, surface disinfection, positioning of medical devices and distribution of medicines, while keeping nurses and doctors safe from infection.

Taking all the above into consideration, the robotic assistant MAiRA from German company NEURA Robotics would be a perfect fit for the healthcare industry, thanks to a completely safe human-robot interaction system, intuitive navigation, Artificial Intelligence (AI) and flexible system architecture.

NEURA Robotics is a high-tech robotics company which is poised to usher the way into the cognitive era by building intelligent robotic assistants which provide needed support to humans and focus on solving societys most pressing issues, such as the ageing society. The companys leader and CEO, David Reger, is one of the pioneers in the collaborative robotics field. Reger has amassed over nine years of experience in developing and introducing one of the most intelligent, sensitive and precise collaborative robot (cobot) series on the market.

Reger firmly believes that global problems, like the ageing population and many others, can be solved by new types of robots. NEURA Robotics products are able to interact with humans in much the same way that people are used to interacting with each other. No complex programming or convoluted learning is required. As a robotics advocate and visionary, Reger aims to integrate robotics into day-to-day chores, not only covering industrial needs, but also transforming spheres like social care, medicine and one day in the future in everybodys home.

At NEURA Robotics, the main belief is that humans should be able to do what is at the core of human nature. NEURA Robotics enables people to express their creativity and focus more on social interactions again instead of doing unhealthy and monotonous jobs, which is still very common throughout general society. Everything the company does is based on the slogan: We serve humanity.

This ambitious vision led the team of about 50 talented engineers to create the innovative robotic assistant MAiRA. With fully integrated novel sensors and an unprecedented integration of Artificial Intelligence in control systems and applications, MAiRA is leading a new era of robots. The robust and rigid design combines the performance of a high-end machine with easy programming and infinite possibilities for interaction both for beginners and experts. MAiRA tears down boundaries between humans and machines and brings them closer together for good.

MAiRAs unique set of characteristics can be easily applied in many new spheres, such as the medical field. She is able to feel, hear and see her surroundings, meaning that her capacity to fully perceive the environment enables her to rapidly adapt to a dynamic environment while staying completely safe. This makes MAiRA a truly collaborative robotic assistant which can be easily integrated into the doctor-patient relationship.

MAiRA is capable of conducting and assisting with various complex medical procedures, either with professionals by her side or wholly autonomously. Thanks to the intuitive user interface, voice and gesture control systems, a doctor or a nurse will not need to spend days or weeks learning how to operate the robot; they can instead focus on the most important part: treating their patients and making sure that they get the required help and care.

To learn more about NEURA Robotics and MAiRA please visit the company website at http://www.neura-robotics.com or send an email to info@neura-robotics.com.

References

This article is from issue 17 ofHealth Europa.Clickhereto get your free subscription today.

Originally posted here:

The future of robotics in healthcare - Health Europa

Robotics stocks seem like a slam-dunk. The trend toward automation has been going on for decades now. Backed by improved artificial intelligence and exponentially greater computing power, it should continue for decades going forward as well.

The one catch with the bullish thesis for the group is that the opportunity isnt exactly hidden. Valuations generally reflect the bullish thesis; investors have to pay up for exposure to the robotics trend.

So far, however, doing so has been wise. Robotics stocks have done well both in recent years and in the 12 months since markets bottomed last March. With the pandemic potentially accelerating adoption, and the markets focus on growth over valuation largely intact, theres no reason the rallies have to end just yet.

For investors who believe the strength in the group will continue, here are five robotics stocks worth at least a long look:

Source: Daniel J. Macy / Shutterstock.com

While investors have been focused on fallen American titan General Electric (NYSE:GE), one of Europes great companies too has struggled. Like GE, ABB has embarked on a multi-year turnaround strategy. And, like GE, there are early signs of success.

Indeed, after a decade of rangebound trading, ABB stock has broken out. It trades just shy of an all-time peak reached back in 2007. And while the conglomerate isnt a robotics pure play, optimism toward ABBs robotics business has driven part of the optimism toward ABB stock.

Thats despite an admittedly soft 2020, during which in ABBs Robotics & Discrete Automation segment declined 13% year-over-year. But, obviously, the novel coronavirus pandemic was a key factor.

Despite the pandemic, the segment still generated $2.9 billion in revenue. ABB said in its annual report that it expects 10% annualized market growth over the next three years, with the pandemic itself a catalyst.

A business that size with that kind of growth potential can move the needle for ABB stock, even with a market capitalization now above $67 billion. If robotics indeed bounce back in 2021, all-time highs seem in the cards for the stock.

Source: Grzegorz Czapski / Shutterstock.com

Its been quite the roller-coaster ride for IRBT stock. Shares first cleared $100 back in 2017 on optimism toward the companys growth potential. During 2019, it dropped two-thirds from peak to trough as competition intensified and that growth slowed.

Since the pandemic, results have picked up. iRobot seems back on track. The question here is valuation.

IRBT has gained 59% already in 2021. Strong fourth-quarter results last month are playing a role, but the stock also appears to have been part of the Reddit rally in late January. While the stock is down from a brief peak, its still kept a good chunk of those gains.

That said, at 25x forward earnings valuation isnt necessarily prohibitive. Valuation remains a concern, but a patent infringement suit against rival SharkNinja could provide an edge on that front. And in the near term, given a still-heavy short interest, Redditors could take another run.

Source: Dmitry Demidovich/ShutterStock.com

Surprisingly, there arent a lot of young robotics stocks trading yet, but the SPAC (special purpose acquisition company) trend is bringing one to the public market. SPAC Revolution Acceleration Acquisition is merging with Berkshire Grey, a developer of artificial intelligence and robotics primarily for e-commerce providers.

Its an intriguing deal. Berkshire Grey was founded by a former iRobot executive. It estimates a total addressable market of some $280 billion. Broader e-commerce growth should drive demand, as should the need to keep pace with the likes of Amazon (NASDAQ:AMZN) and manage what are becoming common labor shortages.

There are risks. Ive talked elsewhere about the hidden dilution of SPAC mergers. Figures from Berkshire Grey and RAAC suggest that 2020 revenue was about $35 million, meaning the current RAAC stock price values the robotics firm at well over 70x revenue. The company is projecting exponential growth, but company projections arent always right and are rarely conservative.

In other words, this is an early-stage growth stock: high reward and high risk. But, particularly with a pullback in RAAC after initial optimism toward the merger, its an early-stage growth stock worth considering.

Source: Shutterstock

The bad news for Stereotaxis is that it hasnt really delivered on its promise as a provider of robotic systems for cardiovascular applications. But thats also good news, too, as it leaves more room for improvement ahead.

Similarly, the fact that STXS stock has more than doubled since early November is good news and bad news. Its bad news because the stock is more expensive. Its good news because a good portion of the gains came after fourth quarter earnings last month. Guidance for double-digit growth in 2021 and $10 million to $20 million in robotic system revenues sparked optimism and sent STXS to a seven-month high.

If that guidance is a sign that Stereotaxis is starting to deliver on its potential, then theres plenty of upside ahead. If not, its another false start for a company that has disappointed in the past. Its somewhat strange to see a turnaround story amid robotics stocks, but Stereotaxis certainly qualifies. And if that story plays out, STXS has solid upside even after the gains of the last few months.

Source: Dmytro Zinkevych / Shutterstock.com

Investors looking for robotics stocks can look to smaller plays in the space. They can consider exchange-traded funds like the Global X Robotics & Artificial Intelligence ETF (NASDAQ:BOTZ).

Or they can just buy ISRG stock. Intuitive Surgical is far and away the most valuable of the robotics stocks, for good reason. The company has revolutionized surgical procedures worldwide.

Admittedly, ISRG stock does look expensive at almost 50x next years consensus earnings estimate. Last years results were soft, owing largely to a pandemic-driven decline in elective procedures.

Neither factor seems to quite offset the bull case, however. Normalcy will return, allowing Intuitive to return to growth. The earnings multiple is high, but in many ways Intuitive has only scratched the surface of its potential. ISRG doesnt have to be the only robotics stock an investor owns, but any investor bullish on the space probably should have the stock in her portfolio.

On the date of publication, Vince Martin did not have (either directly or indirectly) any positions in the securities mentioned in this article.

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5 Robotics Stocks on the Cutting Edge - Investorplace.com

CEDAR FALLS, Iowa (KWWL) - The Cedar Falls High School robotics team has created and competed their robots for more than two decades.

Although the 'Swartdogs' have gained success throughout the years, it's not the students who were recently recognized. It was their teacher, Kenton Swartley.

"For me, it's kind of a recognition of the many years I've been involved in different aspects of STEM," Swartley said.

Starting the high school's first robotics team in 1999 and now leading the district's engineering and robotics strand, Swartley has received Iowa's STEM Teacher Award for this region!

"It's a wonderful honor to be recognized by the governor STEM advisory board," Swartley said.

Always being drawn to science, Swartley teaches his robotics team how to code, model, and program each robot's function.

Mainly teaching high school aged students, Swartley said he loves being able to equip kids for the future.

"In my mind, it's the direction our world is going with technology, these are skills they're going to need to have," Swartley said.

Swartley's award also includes a $3,000 cash prize that can be used for classroom and personal use.

Typically preparing for big competitions this time of year. The pandemic has forced them to be virtual.

Now, the Swartdogs have been submitting videos of their robots performing challenges, and will know the results in early May.

Some of the challenges the robots perform are ball shooting and barrel racing.

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Cedar Falls High School robotics coach wins the region's STEM Teacher Award - kwwl.com

Pune, India, March 16 2021 (Wiredrelease) Prudour Pvt. Ltd MarketResearch.Biz append Latest Research Report entitled Robotics Market by producers, territory, Product Type and use, growth forecast to 2030 to its huge Report database.

Robotics Market Size 2021 report provides informative data figures as well as key insights regarding some of the market components. This includes factors such as market share, market size, market segmentation on the basis of type, application, and region, growth drivers, market competition, different aspects impacting economic cycles in the market, expected business up-downs, changing customer sentiments, key companies operating in the Robotics Market, etc. In order to provide a complete understanding of the global market, the Robotics industry report also shares some useful details on regional as well as significant domestic markets. The report presents a 360-degree overview and a SWOT analysis of the competitive landscape of the industry.

[*Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, Competitive Landscape and Geographic Segmentation, List of Tables and Figures, Innovation and Future Developments Based on Research Methodology are also Included]

Top Leading Players Across the Globe:

iRobot Corporation, Boston Dynamics Inc., Touch Bionics Limited, Northrop Grumman Corporation, Rethink Robotics Inc, Accuray Incorporated, Liquid Robotics Inc., QBotix Inc., Prox Dynamics AS, Robert Bosch GmbH

The Key Players in Robotics industry are expected to top on to these market opportunities to penetrate the international Robotics market. The Bottom-up approach is used to figure out Robotics market size and revenue of top leading players. Additionally, Robotics report comprises details about raw material evaluation, Robotics downstream buyers, progress trends, Technical evolution in Robotics business, demand and supply ratio will help transpire Robotics players taking useful business determination.

Other important aspects that have been meticulously studied in the global Robotics market report areDemand and supply dynamics, Robotics import and export scenario, Robotics industry processes and cost structures, and major RD initiatives.

Robotics is a branch of engineering which involves design, conception, manufacture, and operation of robots. Robots are used for various activities such as assembling products, space missions, detecting and defusing bombs, product inspection, surgical operations, and cleaning and household activities. Robotics technology is widely used in various industries such as electronics, healthcare, artificial intelligence, defense, mechatronics, aerospace, nanotechnology, and automotive and infrastructure.

Influence of the Robotics market report:

Comprehensive appraisal of all things considered and hazardous in the Robotics market.

The Robotics market recent developments and significant events.

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Conclusive investigation about the development plot of Robotics market for pending years.

In-depth comprehension of Robotics market-specific drivers, limitations, and major miniaturized scale markets.

Favorable impression inside indispensable innovative and market most recent patterns striking the Robotics market.

Additional Pointers of the Study:

Porters Five Analysis

RoboticsThe market is roughly segregated into:

Industrial robots Service robots Mobile robots Segmentation by application:

Household Entertainment Defence Field Healthcare Infrastructure Segmentation by component:

Sensors Control Units Actuators Brake Systems Vision Systems Others

International Robotics Market: Regional Segment Analysis

North America (USA, Mexico, and Canada)

Europe (France, Russia, Germany, UK, and Italy)

Asia-Pacific (China Korea, India, Japan, and Southeast Asia)

South America (Brazil, Columbia, Argentina etc)

The Middle East and Africa (Nigeria, UAE, Saudi Arabia, Egypt, and South Africa)

Why should buy this report?

* The Worldwide Robotics Market report offers a center of market size, CAGR(%) figure, Key companies profiles, and various game plans and strategies used by Robotics shareholders to make crucial business judgments. It provides a comprehensive Robotics product proficiency, the competitive study of Robotics market, growth, propulsive and constraining factors.

* The Robotics report provides the better understanding of Robotics market with the forecast from 2018 to 2030.

* Management dominance, Robotics marketers globally, and business dealers can spend their valuable time in product introduction, Robotics market strategies and tendencies and marketing plans after considering this research report.

* It serves an in-depth information about Robotics product manufacturers, new aspirants or competitors, financial inquisitor, suppliers, Robotics product landscape, trading strategies, and futuristic planning.

Global Robotics market Following Details Segment by Table of Contents:

1 Robotics market Overview

3 Robotics Market Competition, by Players

4 Robotics Market Size by Regions

5 North America Robotics Revenue by Countries

6 Europe Robotics Revenue by Countries

7 Asia-Pacific Robotics Revenue by Countries

8 South America Robotics Revenue by Countries

9 Middle East and Africa Revenue Robotics by Countries

10 Robotics market Segment by Type

11 Robotics Market Segment by Application

12 Robotics market Size Forecast to 2030

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

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Robotics Market Major Growth Factor Increasing demand for automation in automotive industry : MarketResearch.Biz Study - Rome News-Tribune

A recently published study on the Oil and Gas Robotics market by Reports Intellect has the latest updated data on the global market landscape. The study details aspects and dynamics such as demand, revenue estimates, volume, share, growth, types, applications, sales, etc. which are essential in determining the Oil and Gas Robotics market potential and helps the client to identify the key segments of interest for them.

Top companies profiled are: Hydrovision, Delaval, iRobot, Fanuc, GE Inspection Robotics, Inuctun Services, Alstom Inspection Robots, ABB Ltd.

NOTE: The Oil and Gas Robotics report has been prepared in accordance with the influence of the COVID-19 Pandemic and its impact on the market.

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This research study can be utilized by the client to gain an advantage over the competition in the Oil and Gas Robotics market, as this study details the existing as well as the new coming players in the market it gives the client a better grasp of the market scene. This report is crucial to many aspects of business such as marketing, development, new launches/innovations, expansion, etc.

The market is segmented:

Based on Type Coverage: Remotely Operated Underwater Vehicles (ROVs)Deep Water Pipeline Repair Robotic SystemsInspection RobotsManipulator RobotsMobile PlatformsSubsea RobotsUnmanned Aerial Vehicles (UAVs)Wireless Sensor Networks (WSNs)Others

Based on Application Coverage: InspectionMaintenanceMonitoringValve and lever operationGas leakage and fire detection and preventionOthers

Based on Regions and Nations included:North AmericaEuropeAsia-PacificSouth AmericaThe Middle East and Africa

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The Oil and Gas Robotics market intelligence study is equipped with essential information for various business aspects and dynamics. The market study also profiles the vital players and details their business models in the Oil and Gas Robotics market and hence gives the client a brief understanding of the market scope. Along with the comprehensive forecast in the document the client can gain a long term insight on the Oil and Gas Robotics market.

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The report has been compiled using extensive research techniques and tools that have proven of great influence in the past. From primary analysis to secondary analysis the report covers all the essential information required in the Oil and Gas Robotics market and descriptively discusses the market in detail. Our analysts have prepared this document to act as a business guide for the successful navigation of the Oil and Gas Robotics market landscape. The report also makes use of quantitative as well as qualitative analyses along with SWOT, PESTEL etc.

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Oil and Gas Robotics Market Projected to Witness Vigorous Expansion with Top Companies: Hydrovision, Delaval, iRobot, Fanuc, GE Inspection Robotics,...

The study will cover the market intelligence and information for a period of 12 years from 2013 to 2025. The base year for the study is 2020.

Global Space Robotics Market Forecast:

The Space Robotics Market is anticipated to recoup from the effects of COVID-19 starting from the year 2021 and will grow at a modest CAGR during the forecast period of 2020-2025.

Space robotics marketis likely to witness an impressiveCAGR of 10.2%during the forecast period.

The market is estimated through a rigorous triangulation process of internal data, secondary analysis and the insights gained from the primary interviews with industry experts.

The Space Robotics Market growth depends upon numerous factors which have direct or indirect impact the demand.

The key factors governing the demand for Space Robotics Market are:

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Space Robotics Market Segmentation:

The report segments the market in such a manner that it adds maximum value to all the value chain participants.

Each segment has different driving factors. Segmentation helps the readers develop clear understanding about the cause-and-effect relationship between the factors and the relevant segments.

The report maps different segments based upon future growth and market forecast and identifies the most-attractive segments and sub-segments. Market attractiveness analysis helps the market participants to prioritize the sales and marketing activities to reap benefits from the attractive segments and increase market share and revenues.

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COVID-19 IMPACT Analysis on Space Robotics Market

COVID-19 has affected all the businesses, small or big, present in any sector. The dynamics of Space Robotics Market have seen a huge shift in the year 2020. The market environment and the way of operations have taken a huge turn and have led to many changes in the processes, which will have repercussions for a long period. 2021 is likely to be better than 2020 for the Space Robotics Market players as most of the businesses have resumed their operations and the demand is getting restored for them.

Note: This report will be updated to incorporate the impact of COVID-19 on the market forecast for the period of 2020 to 2025.

Space Robotics Market Competitive Analysis:

The report studies the competitive framework and business environment via different analytical frameworks such as

The key players in Space Robotics Market are:

The Space Robotics Market report benchmarks the major competitors on critical parameters, some of which are mentioned below:

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Space Robotics Market to See Strong Expansion Through 2025 KSU | The Sentinel Newspaper - KSU | The Sentinel Newspaper

Global Coatings and Application Technologies for Robotics Market is growing at a High CAGR during the forecast period 2021-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market and This has brought along several changes in This report also covers the impact ofCOVID-19on the global market.

The latest research report, titled Coatings and Application Technologies for RoboticsMarket Added by Market Info Reports, provides the reader with a comprehensive overview of the Coatings and Application Technologies for Robotics Industry and familiarizes them with the latest market trends, industry information, and market share. The report content includes technology, industry drivers, geographic trends, market statistics, market forecasts, producers, and raw material/equipment suppliers. Global Coatings and Application Technologies for Robotics market size was xx million US$ and it is expected to reach xx million US$ by the end of 2026, with a CAGR of XX between 2021 and 2026.

Coatings and Application Technologies for Robotics Market competition by top manufacturers as follow:Akzo Nobel, Axalta Coating Systems, PPG Industries, The Sherwin Williams Company, HMG Paints Limited, The Lubrizol Corporation, Yashm Paint & Resin Industries, U.S. Paint Corporation, Kansai Paint, Bernardo Ecenarro, Nippon Paint Holdings and More

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The global Coatings and Application Technologies for Robotics market has been segmented on the basis of technology, product type, application, distribution channel, end-user, and industry vertical, along with the geography, delivering valuable insights.

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Market split by Application, can be divided into:HealthcareAgricultureMiningManufacturingConstruction

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Market segment by Regions/Countries, this report covers:North AmericaEuropeChinaRest of Asia PacificCentral & South AmericaMiddle East & Africa

Years Considered to Estimate the Market Size:History Year: 2015-2019Base Year: 2019Estimated Year: 2021Forecast Year: 2021-2026

Major factors covered in the report:

Detailed TOC of Coatings and Application Technologies for Robotics Market Report 2021-2026:Chapter 1: Coatings and Application Technologies for Robotics Market OverviewChapter 2: Economic Impact on IndustryChapter 3: Market Competition by ManufacturersChapter 4: Production, Revenue (Value) by RegionChapter 5: Supply (Production), Consumption, Export, Import by RegionsChapter 6: Production, Revenue (Value), Price Trend by TypeChapter 7: Market Analysis by ApplicationChapter 8: Manufacturing Cost AnalysisChapter 9: Industrial Chain, Sourcing Strategy and Downstream BuyersChapter 10: Marketing Strategy Analysis, Distributors/TradersChapter 11: Market Effect Factors AnalysisChapter 12: Coatings and Application Technologies for Robotics Market ForecastContinued

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Coatings and Application Technologies for Robotics Market | Company Challenges And Essential Success Factors |Akzo Nobel, Axalta Coating Systems, PPG...

Stubbs the Zombie in Rebel Without a Pulse is a game centered all around the undead. The focus is entirely on taking over Punchbowl City and eating as many brains as possible. That being said, there are multiple achievements/trophies attached to the re-release of the game that are rewarded by you dying (again). The achievement titled The First Law of Robotics has a description that reads, Get killed by a robot. Here is how to send yourself to the grave via a robots intervention.

While you will come across many robots as you play through Stubbs the Zombies story, they can be a little underpowered if you are playing on Normal or Easy difficulty. For that reason, we recommend waiting to go for this achievement until you reach the level The Doctor Will See You Now.

Fight your way up the multiple floors of the laboratory until you reach a room with two scientists and two robots. In this room, the robots will attack you until you press a red button on the other side of the room. If you are playing on higher difficulties, you can easily get killed by the robots here, but for an even easier way to get killed, keep moving upwards.

Eventually, you will come to a room with six robots lined around the walls. Move forward into the room on the left on the other side of where you entered, and you will find a red button you can press. This will send the robots into a furry attacking anyone in the area, including you and your zombies.

Get the robots to surround you and dont fight back. If they are not distracted by attacking other zombies, they will all gang up on you and kill you, popping the achievement or trophy.

Explore the Next-Gen Consoles, Hot New Games, Featured Gaming Deals, Lightning Gaming Deals, and Much More.

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How to get the First Law of Robotics achievement/trophy in Stubbs the Zombie in Rebel Without a Pulse - Gamepur

A new joint project from the UK and Japan, named LongOps, will look to make decommissioning faster at the Tokyo Electric Power Companys (TEPCO) Fukushima Daiichi reactors in Japan and the UKs Sellafield nuclear site. Around 12m has been funnelled into the four-year research scheme, and it forms the latest part of the UK governments 450m investment into robotics and autonomous systems since 2014.

The funding, which will also explore robotic applications in fusion research, will come equally from UK Research and Innovation, the UKs Nuclear Decommissioning Authority, and TEPCO. Leading the project will be the UK Atomic Energy Agencys (UKAEA) Remote Applications in Challenging Environments (RACE) facility.

Rob Buckingham (RB): LongOps is a four-year research and training collaboration between the UK and Japan on robotic operations in nuclear scenarios, including fusion energy and decommissioning.

It will help to unlock fusion as an almost limitless source of clean energy, as well as cleaning up nuclear sites with care for people and the environment.

The programme will carry out research and development to improve these operations through the use of innovative technology and software.

A major focus of the LongOps programme will be development of innovative digital twin technologies, to help de-risk these challenging operations by improving efficiency, accuracy, and safety. Digital twins give us models that pair the virtual and physical worlds. This allows highly detailed analysis of data, and the forecasting of potential maintenance and operational issues.

We are right at the start of the project. The LongOps agreement was announced in January 2021 and we are about to place the first contract for robotic arms. When these are delivered, the research and operator training programmes will begin in earnest.

RB: LongOps will enable faster and safer decommissioning. Decommissioning legacy nuclear facilities are complex large-scale projects that take a long time to accomplish safely. The purpose of LongOps is to develop automated techniques that will use long-reach robotic arms to make decommissioning tasks quicker and more efficient, with no risk to human health. These can then be implemented at sites such as the Fukushima Dai-ichi reactors in Japan and at Sellafield in the UK.

RB: The primary use of robotics in decommissioning is to reduce the risk to which workers are exposed. Cleaning up nuclear sites can require thousands of person hours and often means working in hazardous and challenging environments. There are a number of situations where, owing to the degree of chemical and radioactive contamination and the very long half-lives of the radioactive materials involved, remote handling is the only feasible option.

GlobalData's TMT Themes 2021 Report tells you everything you need to know about disruptive tech themes and which companies are best placed to help you digitally transform your business.

Performing tasks manually in a high-radiation environment also results in additional costs for protective equipment and administration. Remotely-operated equipment can tolerate high radiation fields and its durability results in lower costs throughout the lifetime of the project. Plus, remote equipment is more mobile and can perform more complex tasks for longer periods of time.

Workers may need to participate in multiple training rehearsals before actually performing the task. Even though the operator of a remote system will need training to do the task effectively, the overall requirement is lower, therefore more time can actually be spent on the work itself resulting in greater productivity.

RB: Fusion has the potential to give the world an enormous new source of low-carbon electricity for the long term. It goes without saying that clean energy is one of the biggest challenges of our time, and fusion is a potential game-changer. The fuels are abundant around the globe, it is inherently safe and doesnt emit greenhouse gases.

However, building fusion power plants is a complex task we need to develop machines that can fuse atoms at temperatures hotter than the sun. We are now at the stage of moving up from experimental machines to designing large prototype power plants.

The UK has a project called STEP Spherical Tokamak for Energy Production which aims to create a prototype fusion power plant by the early 2040s. One of the challenges for such a plant will be maintenance, because there will be a need to use robotic devices to carry out the work instead of people. UKAEA is already working on these systems and LongOps will help take this research and development forward.

RB: The UKAEA is leading the delivery of the LongOps programme, which is funded equally by UK Research and Innovation, the UKs Nuclear Decommissioning Authority, and Japans Tokyo Electric Power Company.

UKAEA has many years of robotics experience through its RACE centre, based at Culham in Oxfordshire, UK. RACE will work with top universities and companies to develop solutions to cross-cutting challenges in areas such as improving the accuracy of control of long-reach robotic arms and developing better human interfaces for task planning and execution, enhanced with the latest technology in robotics and autonomous systems.

RB: Many developments in other sectors, such as self-driving car technologies and artificial intelligence, have the potential to significantly improve on what we are doing with robots in the nuclear sector today. We are very excited about how these technologies can be used to make operations safer, faster, and cheaper, whilst improving the quality of working conditions for operators.

Originally posted here:

Q&A: how the UK and Japan are partnering on nuclear robotics with LongOps - Power Technology

Rosanna Burcheri of Artemis

Back in 2014 I was doing some exploratory number-crunching around potential investment themes. Often this can be like taking out a metal detector and finding a bottle top, but this time I noticed something I knew was significant.

I was reading about the growing capacity of robots and realised that the price, including depreciation, was converging with the full cost of labour doing a similar job, once you took into account pensions and healthcare costs.

Over the following months, a theme I kept hearing in calls with CEOs was how they were deciding where to build their next factory. Simply putting it where suitable labour was cheapest was no longer sufficient.

The boss of fashion retailer Gap joked in one call that the best choice to remain competitive would be to build the next factory on a boat and anchor it in the optimum location in the world according to tariff, labour and logistic costs.

Automating a plant costs pretty much the same wherever you locate. It reduces concerns about labour costs and labour quality (robots are increasingly becoming more reliable than humans), making it easier to build a plant where tariffs are lower or customer numbers are higher.

Not surprisingly, the automation industry was seeing a pronounced take-off. According to IFR World Robotics, shipments of industrial robots were growing by around 4% a year until 2012 - but they have grown by nearer 19% a year since.

There is often a gap between recognising a theme and finding profitable ways to invest in it. We immediately turned to Japan. Because of the country's demographic pressures, Japanese corporations were already investing in automation to help address the challenges of a labour force expected to shrink 40% by 2065.

Industries were adopting technology at differing rates. Automation was already far advanced in the car industry, where more than 80% of some areas of plant were automated, but in its infancy elsewhere.

The Japanese government was keen to see automation spread. In January 2015 the Ministry of Economy and Trade unveiled a five-year plan on robotics.

It targeted 25% robotisation of large manufacturing companies, 30% robot use in the services industry for picking, checking or screening and 20% automation of the sensor-based maintenance sector.

The Ministry aimed to expand the domestic nursing robot market to JPY50bn (33bn). And it proposed transforming Tokyo's Odaiba district into a robot village (a robot will carry your luggage or shopping bags - or even you - and comes with a free translation service).

In our search of companies with high barriers to entry, we avoided robot manufacturers, focusing instead on companies with a leading market share in a common vital component.

As a result, we were early investors in Nabtesco and Harmonic Drive, which manufacture precision reducers.

These are the clever gears that help a robotic hand know when to stop squeezing while picking tomatoes, so that the crop isn't turned into a pulp, or which tell the doors of an underground train to stop closing when your trailing leg is caught between them.

Go here to read the rest:

Automation for the people: Robotics needs to be a part of investors' portfolios now - Investment Week