The robotics industry refers to the sector of the economy that focuses on the design, construction, operation, and use of robots. This industry encompasses a wide range of activities, including the development of robotic systems, automation technologies, and artificial intelligence applications. It involves various fields such as engineering, computer science, and manufacturing, aimed at creating machines that can perform tasks autonomously or semi-autonomously. The robotics industry serves multiple markets, including industrial manufacturing, healthcare, logistics, agriculture, and consumer electronics. As technology advances, the industry continues to evolve, with increasing integration of robotics into everyday life and work processes, leading to improved efficiency, safety, and productivity.
Symbotic Inc. is making waves in the market after announcing an eye-catching acquisition of Walmart’s Advanced Systems and Robotics division. This multi-faceted deal, valued at a staggering $200 million in…
**Samsung Electronics has announced a bold leap into the robotics sector by increasing its stake in the Korean startup Rainbow Robotics.** This strategic move elevates Samsung to the position of…
In a significant shift, Neura Robotics has announced the relocation of its production facilities for cognitive robots from China to their home country, Germany. This decision marks a pivotal moment…
**Eureka Robotics, a pioneering firm based in Singapore, has successfully secured $10.5 million in a Series A funding round, spearheaded by B Capital.** This investment has seen participation from significant…