Horizon Robotics raises $696M in Hong Kong's biggest IPO of 2024
Oct 23, 2024 · Horizon Robotics, a Chinese developer of autonomous driving technology, is raising HK$5.4 billion ($696 million) from its initial public offering (IPO).According to Reuters, this is the largest IPO in Hong Kong in 2024.It is also the largest tech sector IPO in Hong Kong since SenseTime Group, an artificial intelligence company, raised $740 million in late 2021.
Kivnon answers questions about bankruptcy, AGV plans
Dec 9, 2024 · Kivnon to continue support. Kivnon said it has installed over 6,000 robots worldwide since its founding in 2007, and its portfolio includes 10 different models of AGVs.The vehicles are typically deployed in material handling and logistics applications in …
The Robot Report
Jan 2, 2025 · The Robot Report provides robotics news, research, analysis and investment tracking for engineers, technology, and business professionals.
The Robot Report - Robotics News, Analysis & Research
All the latest robotics news, research and analysis from The Robot Report, focusing on the development, integration, and use of robotics.
IFR World Robotics report says 4M robots are operating in …
Sep 24, 2024 · China is by far the world’s largest market for automation. The 276,288 industrial robots installed in China in 2023 represent 51% of the global installations, said the World Robotics report.This is the second-highest jump in the number of installed robots in a country ever recorded, coming second to China’s 2022 growth of 290,144 robots installed.
2025 RBR50 Robotics Innovation Awards open for nominations
Oct 30, 2024 · The Robot Report is seeking nominations for its 2025 RBR50 Robotics Innovation Awards. The RBR50 has recognized the most innovative and influential organizations in robotics for the past dozen years. Here are the winners from 2024, 2023, 2022, and 2021.. Each year, a team of experts selects the most interesting and important robotics …
Interact Analysis identifies opportunities for motion control and ...
Nov 3, 2024 · Due to high interest rates, elevated inventory, and sluggish demand, the global machinery industry has been facing a tough year in 2024. This has affected sales of industrial automation components to machine builders and OEMs, including motion control products, said Interact Analysis.
CIIF 2024 shows major robotics trends in China - The Robot Report
Oct 4, 2024 · Inovance, known as the “little Huawei,” presented its industrial robots in an automotive body-in-white setting (see above).After taking market share from established Japanese players in the SCARA segment, this highlighted the Shenzhen, China-based company‘s ambition in multi-axis robotics.. Robots currently contribute less than 5% to Inovance’s revenue, but given its strong position in ...
Robot dog learns new tricks: Boston Dynamics unleashes Spot v4.1
Sep 24, 2024 · Since its commercial release in 2020, Boston Dynamics Inc.’s Spot robot has evolved to become more capable at facility inspection tasks.In that time, the quadruped robot as achieved greater autonomy and an ever-growing set of sensor payloads. In 2022, Waltham, Mass.-based Boston Dynamics won an RBR50 innovation …
Red Cat wins U.S. Army next-gen drone contract over Skydio
Nov 22, 2024 · Skydio brings in $170M in funding. This latest news comes a little over a year after Skydio grounded its consumer drone operations to focus on its enterprise and public-sector customers.. According to the San Mateo, Calif.-based company, its drones are being used to put sensors in dangerous and important places to perform inspections, find missing children, and keep the military safe.