{"id":218431,"date":"2017-06-10T11:25:54","date_gmt":"2017-06-10T15:25:54","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/softbank-bets-on-boston-robotics-firm-the-boston-globe.php"},"modified":"2017-06-10T11:25:54","modified_gmt":"2017-06-10T15:25:54","slug":"softbank-bets-on-boston-robotics-firm-the-boston-globe","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/robotics\/softbank-bets-on-boston-robotics-firm-the-boston-globe.php","title":{"rendered":"Softbank bets on Boston robotics firm &#8211; The Boston Globe"},"content":{"rendered":"<p><p>  Boston Robotics is renowned for teaching robots to walk. Above,  one of the companys robots at an exposition in Quantico, Va.<\/p>\n<p>    After a rocky three-year marriage, Boston Dynamics, the Waltham    company famed for making robots that walk like people or run    like deer, has been dumped by Alphabet    Inc., parent company of Google.  <\/p>\n<p>    But its a soft landing for Boston Dynamics, a company that has    yet to translate its innovative technologies into profitable    products.  <\/p>\n<p>    Advertisement  <\/p>\n<p>    Boston Dynamics fell into the arms of Softbank Group, a Japanese conglomerate that    has recently been making billion-dollar bets on hot    technologies ranging from satellite Internet systems to    microchips.  <\/p>\n<p>    Softbank also scooped up another Google property: Schaft, a    Japanese maker of human-shaped robots. Financial details of the    acquisitions were not revealed. But with 2016 net income of    $13.2 billion, Softbank can certainly afford the investments.  <\/p>\n<p>        Get Talking        Points in your inbox:      <\/p>\n<p>        An afternoon recap of the days most important business        news, delivered weekdays.      <\/p>\n<p>    I think Softbank has made a major commitment to the future of    robotics, said Daniel Theobald, cofounder of Vecna Technologies Inc., a robot maker    based in Cambridge. They understand that the world economy is    going to be driven by robotics more and more.  <\/p>\n<p>    In 2013, about the same time Google bought Boston Dynamics,    Softbank acquired Aldebaran Robotics, a French firm that makes    human-shaped robots that roll on wheels, and are used as guides    and greeters in Japanese retail stores.  <\/p>\n<p>    But while Google is now backing off, Softbank is doubling down.    With Boston Robotics in its portfolio, Softbank might someday    offer walking robots that could stock store shelves, or provide    home care for senior citizens.  <\/p>\n<p>    Advertisement       <\/p>\n<p>    With birth rates falling and average population ages rising    throughout the world, there are big opportunities for humanlike    robots to supplement the flesh-and-blood workforce. Besides,    said Dan Kara, research director for robotics at ABI Research    in Oyster Bay, N.Y., Boston Robotics excels at teaching robots    to walk. These are the worlds greatest experts on legged    mobility, he said.  <\/p>\n<p>    According to Damion Shelton, chief executive of Agility Robotics Inc. in Albany,    Ore., Boston Dynamics new owners had better be patient. The    technology right now is at the stage where self-driving cars    were six years ago, said Shelton, whose company will build    just five or 1o walking robots this year, for sale to    university research labs.  <\/p>\n<p>    Agility is working on a security guard robot, and thinks it    could sell several hundred a year. But the product wont be    ready for another two years. And it will be designed for    relatively uncluttered areas, like walking the perimeter of a    factory.  <\/p>\n<p>    Designing a walking robot to move through a city is a much    tougher task. Theres lots of stuff to run into, theres lots    of things you dont want to step on, like pets or kids, and    its a relatively unstructured environment, Shelton said.  <\/p>\n<p>        Bruce Newman\/Oxford Eagle\/Associated Press      <\/p>\n<p>        Pepper, a humanoid robot from Softbank Robotics America, at        a tech show in Miss.      <\/p>\n<p>    Boston Dynamics was spun off from the Massachusetts Institute    of Technology in 1992, but has yet to bring a commercial    product to market. For years, it subsisted on grants from the    US military, developing machines like BigDog, a robotic pack    mule that could carry ammunition and supplies into battle, and    Atlas, a human-shaped robot capable of driving a car or    climbing stairs, and designed for disaster relief missions.  <\/p>\n<p>    Enter Alphabet, which acquired Boston Dynamics and several    other small robot makers in 2013. The new owners backed away    from accepting military contracts, and said they expected to    turn robots into a profitable business in a few years. But    three years later, nothing much had happened. They bought all    these companies and they didnt do anything with them, said    Kara.  <\/p>\n<p>    Meanwhile, despite its ample resources, Alphabet was pulling    away from investments that didnt promise near-term payoffs.    For instance, it halted further expansion of Google Fiber, the    costly effort to run high-speed Internet fibers to homes and    businesses in major cities. And about a year ago, the company    put Boston Dynamics on the auction block.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>Continue reading here:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.bostonglobe.com\/business\/2017\/06\/09\/softbank-bets-boston-robotics-firm\/8II5nxAuYrH7xgqSQLIqUI\/story.html\" title=\"Softbank bets on Boston robotics firm - The Boston Globe\">Softbank bets on Boston robotics firm - The Boston Globe<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Boston Robotics is renowned for teaching robots to walk. Above, one of the companys robots at an exposition in Quantico, Va. After a rocky three-year marriage, Boston Dynamics, the Waltham company famed for making robots that walk like people or run like deer, has been dumped by Alphabet Inc., parent company of Google <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/robotics\/softbank-bets-on-boston-robotics-firm-the-boston-globe.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[431594],"tags":[],"class_list":["post-218431","post","type-post","status-publish","format-standard","hentry","category-robotics"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/218431"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=218431"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/218431\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=218431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=218431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=218431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}