Siemens provides University of South Carolina $628M grant

Siemens and the University of South Carolina have announced an in-kind grant of Siemens hardware and software. The grant has a commercial value of $628 million, said the company in a...

Arrow Electronics using drones for warehouse operations

Electronics distributor Arrow Electronics is using Phantom 4 drones from DJI, at its two primary distribution centers in Hong Kong and Malaysia, says the company. Arrow's drone project combines drone technology with proprietary video...

AEye closes $16M Series A round

Pleasanton, California-based robotic vision company AEye has closed a $16 million series A venture round from Kleiner Perkins Caufield & Byers, Airbus Ventures, Intel Capital, and Tyche Partners. AEye develops advanced vision...

SoftBank to acquire Boston Dynamics

SoftBank has entered into a definitive agreement to acquire robotics company Boston Dynamics from Alphabet. The terms of the transaction were not disclosed. Masayoshi Son, chairman & CEO of SoftBank, said, “Today,...

Japan takes a big step toward widespread drone delivery service — The Verge

Rakuten is forming a joint venture for unmanned aerial traffic management with AirMap, following the company's investment in the UTM technology company earlier this year. The Verge's Ben Popper writes. Read AirMap's post on the...

DARPA selects SSL for robotic servicing of geosynchronous satellites

DARPA has selected Space Systems Loral (SSL), based in Palo Alto, CA, as its commercial partner for the agency’s Robotic Servicing of Geosynchronous Satellites (RSGS) program. DARPA and SSL seek to develop...

Rethink Robotics inks distribution agreement with Aldakin Automation

Collaborative robotics company Rethink has inked a distribution agreement with Aldakin Automation to distribute its robots to the Spanish manufacturing market. "Spanish manufacturers are looking for ways to improve smart manufacturing initiatives...

Mitsubishi develops automated design deep learning algorithm

Mitsubishi says it has developed a high-speed training algorithm for automotive deep learning that incorporates necessary inference functions for identification, recognition and prediction of unknown facts based on known facts. The new algorithm...

Ford and University of Michigan partner; automaker leasing robotics lab

Ford will lease the fourth floor of a planned robotics laboratory at the University of Michigan. The new laboratory is expected to have space where machines walk, fly, drive and swim, said the automaker in...

Sarcos Robotics secures investment from Caterpillar, GE and Microsoft

Sarcos Robotics, a company that makes dexterous industrial robots for use in unstructured environments, has secured a round of funding from a group of investors including Caterpillar Ventures, GE Ventures, and Microsoft. The...

7-Eleven just delivered coffee and sandwich via drones

Convenience retail company 7-Eleven have completed a fully-autonomous drone delivery to a customer's residence. The company says this is the first time in history, a U.S. customer has received a package to their home via...

Cambridge Medical Robotics raises $20.3M Series A financing

Cambridge Medical Robotics (CMR), a Cambridge, UK-based private company developing a robotic system for universal minimal access surgery, has secured $20.3 million in a Series A funding round. Investors participating in...

Computational pathology services platform 3Scan raises $14 million

Computational pathology services platform 3Scan has raised $14 million in Series B financing. The investment was led by existing investors Lux Capital and Data Collective. Other participants in the financing round include...

Commercial drone company Kespry raises $16 million

Menlo Park, California-based Kespry, a company that designs automated drone systems for commercial use, has closed a $16 million Series B equity financing round. The funding includes investments from DCM Ventures and Lightspeed...

Gamma 2 Robotics launches autonomous security robots

Gamma 2 Robotics, a Lakewood CO.-based company that makes autonomous security robots, have launched Ramsee, a security patrol robot. Ramsee patrols autonomously without supervision, and provides real-time data on intruders, motion, heat, fire, smoke,...