Drone Startups Grab Record Cash
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
Siemens and Silicon Valley combine engineering and entrepreneurship to forge breakthrough technologies, harness the power of data and make 'real things.
---Frontier Partner program grants 3D printing and robotics-focused startups access to Siemens software and technology to accelerate product development.
---Announcements made at The Atlantic Silicon Valley event discussing software innovation and the next generation of manufacturing and 3D printing.
North American-Made Robot Travels Under Iconic George Street in Scotland Repairing Gas Infrastructure without Disruption
US-Based ULC Robotics CISBOT Robot is Deployed Underground for UK Gas Utility SGN
Lower Cost Cables, Fully Guaranteed with the New Chainflex M Line from igus
igus, a leader in the development and testing of cable management systems and continuous-flexing cables, has announced the release of their Chainflex M line of lower-cost cables.
OSI Laser Diode Introduces 1490 nm High Power Pulsed Laser Diode Module
New SCW 1430 series laser diode module will be showcased at Laser World of Photonics in Munich, Germany, June 22-25, 2015, Hall A2 Booth 102.
Intelligrated announces rebranding, evolution of software group
Development of software assets combines with automation expertise to deliver suite of integrated warehouse capabilities
Agreement Reached for Alibaba and Foxconn to Invest in SoftBank's Robotics Business
SoftBank, Alibaba and Foxconn cooperate to spread global adoption of robotics
DARPA to Explore Possible Futures at "Wait, What?" Forum
"Wait, What? A Future Technology Forum," to be held September 9th through 11th in St. Louis
Sporting Velodyne's 3D LiDAR Sensor, NASA/JPL's 'RoboSimian' Competes in 2015 DARPA Robotics Challenge
Industry-Leading HDL-32E Sensor Also Deployed on Boston Dynamics SPOT; Helps Robots 'See Danger Lurking in the Aftermath of a Disaster
Motion Control Association is now Motion Control & Motor Association (MCMA) after merger with SMMA
MCMAs key activities include market data collection, analysis and reporting - members receive free quarterly reports.
Worcester Polytechnic Institute Joins The White House "Nation of Makers" Initiative
WPI responds to President Obamas call to develop a workforce oriented towards innovation, invention, design and manufacturing.
TraceParts Publishing Network leads the way in publishing CAD models
More than 13 million industrial designers are now part of the engineering community with access to TraceParts CAD content
Robots Help with Lean Manufacturing
Lean manufacturing is thinking "out of the box". Removing time, effort, and cost from the manufacturing processes is the solution to Lean manufacturing and competitiveness.
Adept Technology Adds New Distributor
HTE Technologies Will Market and Support Adept Robots in Missouri,
Kansas and Southern Illinois
STRATASYS SUCCESSFULLY DEFENDS VALIDITY OF FDM PATENTS
U.S. Patent Trial and Appeal Board denies Afinias attempts to challenge validity of Stratasys IP
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