Sarcos Technology and Robotics Corporation Closes Acquisition of RE2, Inc.
Total consideration for the transaction was $100 million, consisting of $30 million in cash and 14 million shares of Sarcos common stock that were either newly issued or underlie assumed options. The stock component represents dilution to Sarcos stockholders of approximately 5.7% based on a fully-diluted share count of approximately 231 million shares (which assumes the exercise of all outstanding warrants and includes all shares available for issuance under our equity plans).
Stratom launches Summit Off-Road Autonomy Platform to fast-track autonomous systems in complex terrain environments
Developed for maximum flexibility and uncompromised safety, the highly configurable software stack significantly accelerates the implementation of unmanned systems to boost operating efficiency and profitability
Reliable Robotics Awarded U.S. Air Force Contract to Advance Aircraft Autonomy
"Our remotely piloted aircraft system unlocks opportunities for all defense agencies in cargo delivery, logistics, surveillance, and other applications where higher tempos and lower costs are vital," said Dr. David O'Brien, Major General (Ret.), and SVP of Government Solutions at Reliable.
Agility Robotics Raises $150M Series B Led By DCVC and Playground Global to Accelerate Blended Human-Robot Workplaces
Company Prepares To Introduce Flagship Robot To Logistics and Warehouse Environments
Gideon launches Trey, the autonomous forklift for trailer loading and unloading
The pioneering solution transforms manual pallet (un)loading, operating safely, consistently, and reliably side by side with people.
Robot hands with a soft touch
Case Western Reserve University biorobotics pioneers Hillel Chiel and Roger Quinn join scientist alum Vickie Webster-Wood from Carnegie Mellon on new project
AUVSI Announces Partnership with Messe Düsseldorf North America to Co-Host XPONENTIAL, the World's Largest Event for Uncrewed Systems and Autonomy
MDNA is a subsidiary of Messe Düsseldorf GmbH, one of the world's largest organizers of international trade shows, and through this partnership XPONENTIAL will broaden its reach to user communities and new market entrants.
Meller Optics Introduces Sapphire Optics for Drones that Resist Sand, Salt Water & Bad Weather
Custom fabricated sapphire lenses, windows, and domes for protecting vision systems in commercial and military drones that are exposed to harsh environments are available from Meller Optics, Inc.
FIRST® and Zebra Technologies Empower Students With Real-Time Robotics Competition Insights
Zebra real-time location solution makes debut at FIRST Championship in Texas
Velodyne Lidar Showcases Full Stack Vision Solutions for Robotics, Industrial and Trucking at XPONENTIAL 2022
Velodyne's Christina Aizcorbe Featured Speaker on Commercialization of Automated Trucking
SMi Group announces the inaugural Unmanned Maritime Systems Technology USA Conference 2022
SMi Group reports: The registration and the agenda are now available for the Unmanned Maritime Systems Technology USA Conference.
MHS and Fortna to Combine to Create Global eCommerce and Logistics Automation Leader
Complementary automation technology, software and engineering expertise
Pudu Robotics Adds the First Compound Delivery Robot to Its Solution of Improving Restaurant Operational Efficiency
Pudu Robotics, the global leader in commercial service robots, has recently unveiled PUDU A1, its first compound delivery robot designed for employment in a restaurant setting. Leveraging several of the company's proprietary technologies, including food recognition, positioning and grasping technology, laser SLAM and visual SLAM, the robot incorporates the mechanical arm into the restaurant scenario, bridging the "divide" between the kitchen and the dining table.
Agriculture Robots: A Boon for Modern Day Farmers
The world will need a lot more food in the forthcoming years and farmers are going to witness great pressure to cope up with the growing demand for food supply. There are many ground-breaking ways the agricultural sector is harnessing the benefits of robotic automation to increase crop production. As per a report by Research Dive, the global agriculture robot market is expected to exceed a revenue of $16,640.4 million by 2026, due to the growing implementation of robotics in farming activities.
Mouser Empowers Next Generation of Engineers Through FIRST Robotics Competition Sponsorship
Mouser Electronics proudly announces its exclusive sponsorship of the Hall of Fame at the FIRST Robotics Competition Championship, April 20-23 in Houston
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