The Engineering and Physical Sciences Research Council (EPSRC) has announced the launch of a new robotics network that aims to foster academic and industry collaboration.
The UK Robotics and Autonomous Systems Network (UK-RAS Network) will have a strong academic foundation, with a number of universities acting as founding members. According to the EPSRC, the network has already received strong support from major industrial partners, as well as from professional bodies such as Royal Academy of Engineering, IET, and The Institute of Mechanical Engineers.
Globally, the market for service and industrial robots is estimated to reach $59.5 billion by 2020. A primary aim of the network will be to bring the UK’s academic capabilities under national coordination, fuelling innovation in the robotics sector and taking advantage of the growth in the industry. Cont'd...
The initial batch of Pepper robots developed by Japanese mobile carrier SoftBank Corp and manufactured by Taiwan's Foxconn Technology Group sold out in one minute on the first day it went on sale in Japan.
The 1,000 Pepper robots available for purchase in June sold out in 60 seconds when online orders started at 10 am on Saturday, according to a statement from SoftBank Robotics Corp, a robotics venture formed by SoftBank, Foxconn and Chinese e-commerce leader Alibaba Group.
Orders are no longer being taken and additional sales of Pepper, which sells for 198,000 yen (US$1,625), are scheduled to be announced on SoftBank's website in July.
In addition to Pepper's emotion recognition functions, the robot generates emotions autonomously by processing information from its cameras, touch sensors, accelerometer and other sensors within its "endocrine-type multi-layer neural network," SoftBank said.
By Thomas Black for Bloomberg Business: Startup drone makers are finding record amounts of funding as venture capitalists prowl for early winners in what may become an $82 billion industry.
From Silicon Valley to New York, firms including Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners and ff Venture Capital are lining up behind unmanned aerial vehicle companies. Google Inc., General Electric Co. and Qualcomm Inc. also are jumping in with cash.
“Everybody wants to invest in drones because they’re seeing not only the potential but actual results right now,” said Jon Ollwerther, vice president of marketing and operations at drone builder AeroCine, which operates from a waterfront Brooklyn warehouse with a view of the Statue of Liberty. “We have said no to money.”
There’s more than ever to go around. Investors have pumped $210 million into businesses like SZ DJI Technology Co. and DroneDeploy so far in 2015, almost double the total for all of last year, according to data compiler CrunchBase. The pace has quickened as U.S. regulators grant more exemptions for limited commercial operations, reassuring financial backers that they’ll see a payoff from their support. Cont'd...
Siemens Expands Frontier Partner Program for Manufacturing-focused Startups to Accelerate Innovations to Market
Records 1366 to 1380 of 6361