Robotics firm GreyOrange raises $30 million, to expand overseas
GreyOrange, a robotics firm that is in the business of automating warehouses, has raised $30 million (Rs 191.6 crore) in a round led by Tiger Global Management, with participation from existing investors Blume Ventures.
The funding, which the company says is one of the largest for robotics company globally, will be used to invest in developing new products, expand internationally into Asia Pacific, Middle East and Europe. The company says it has a 90% market share of India's warehouse automation market and it powers over 180,000 square feet of warehouse.
"We are doubling our team size globally as we steer the company and our products beyond India and into international markets," said co-founder and CEO Samay Kohli, who founded the company with Akash Gupta in 2011.
The company has two products: The Sorter and the Butler. The former is a high-speed system that consolidates orders and routes parcels. By Diwali, the company will have installed sortation capacity of 3 million parcels per day.
The second product, the Butler, is an order-picking system that is tailored for high-volume, high-mix orders characteristic of e-commerce and omni-channel logistics fulfilment. Cont'd..
Giving robots a more nimble grasp
Engineers use the environment to give simple robotic grippers more dexterity.
Engineers at MIT have now hit upon a way to impart more dexterity to simple robotic grippers: using the environment as a helping hand. The team, led by Alberto Rodriguez, an assistant professor of mechanical engineering, and graduate student Nikhil Chavan-Dafle, has developed a model that predicts the force with which a robotic gripper needs to push against various fixtures in the environment in order to adjust its grasp on an object.
Smart Robots Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
The smart robots are embedded with artificial intelligence which allows them to function on their own. This factor is acting as a driver for the market. This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
Robo-Sabotage Is Surprisingly Common
By Matt Beane for MIT Technology Review: I think perhaps there’s something else at work here. Beyond building robots to increase productivity and do dangerous, dehumanizing tasks, we have made the technology into a potent symbol of sweeping change in the labor market, increased inequality, and recently the displacement of workers. If we replace the word “robot” with “machine,” this has happened in cycles extending well back through the Industrial Revolution. Holders of capital invest in machinery to increase production because they get a better return, and then many people, including some journalists, academics, and workers cry foul, pointing to the machinery as destroying jobs. Amidst the uproar, eventually there are a few reports of people angrily breaking the machines.
Two years ago, I did an observational study of semiautonomous mobile delivery robots at three different hospitals. I went in looking for how using the robots changed the way work got done, but I found out that beyond increasing productivity through delivery work, the robots were kept around as a symbol of how progressive the hospitals were, and that when people who’d been doing similar delivery jobs at the hospitals quit, their positions weren’t filled. Cont'd...
Schunk - New planning tools for assembly systems
1,700 new combinations
Schunk - Pick & place in confined spaces
This unit allows highly dynamic and smooth pick & place operations in confined spaces of the complex assembly plants, assembling electronics, medical, and consumer goods with rotating angles of 90° or 180.
DENSO Offers New Guide to Buying Small Assembly Robots
- Free Resource Helps Buyers Assess the True Cost of Ownership for the Best Value -
iRobot receives $9.8 million order for Small Unmanned Ground Vehicles (SUGV)
iRobot has delivered more than 5,000 of its defense and security robots to military and civil defense forces worldwide.
Kickstarter - Steady Shot Bot Launches Kickstarter Campaign to Empower New Generation of Photographer Superheroes
The Steady Shot Bot launched a Kickstarter campaign, and it may be the last tool needed for Time lapse and Steadicam work... but only if photographers support it.
George Brown College Launches a New Online Program: Automation Technician
New program offers flexible, introductory training in automation technology for manufacturing
Hendrix Consulting Group Granted FAA Section 333 Exemption to Operate UAS
The Federal Aviation Administration Grants Section 333 Exemption Status and a Certificate of Authorization to Hendrix Consulting Group, an aerial imaging solutions company.
DJI Releases Photography and Video Drone Designed for Beginner Pilots
DJI Phantom 3 Standard makes aerial imaging more accessible than ever before
-- Includes intelligent flight functions that make cinematic shots easy to capture
-- Integrated HD camera records video up to 2.7k
-- Available for purchase today at US$799
Carnegie Mellon University Spinoff Ottomatika Acquired by Delphi
Company Builds on University Strengths in Pioneering Autonomous Vehicle Research
NYU School of Engineering Professor Honored for Study of Energy Expenditure in Robotic Systems
American Society of Mechanical Engineers Selects Joo H. Kim for the 2015 Freudenstein / General Motors Young Investigator Award
NYU School of Engineering Professor Honored for Study of Energy Expenditure in Robotic Systems
American Society of Mechanical Engineers Selects Joo H. Kim for the 2015 Freudenstein / General Motors Young Investigator Award
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