Monthly Archives: June 2022

Hannover Messe reopened its in-person event with more than 6,000 exhibitors and upwards of 215,000 visitors expected at the four-day event.

This years event focuses on the rise of Industry 4.0 and how industries are increasingly harnessing digital solutions in the bid to drive down both costs and emissions, and how digital solutions can be harnessed to drive efficiency and sustainability.

Heres a look at some of the exhibitors from day one, and the trends already beginning to emerging.

German Aerospace Center spinoff Leverage Robotics showcased its flexible production network at this years Hannover Messe. The groups pipeline features a range of robotic solutions including humanoid walking robots and exploration robots, though the group is primarily focused on human-robot collaboration and creating a safe working environment without compromising on interaction between human and bot.

Currently, safety concerns mean robotic assistants are usually fenced off or have a sensor radius to provide a barrier to the rest of the workforce; though these methods also restrict teaching and maintenance capabilities. Leverage Robotics has unveiled its solution; a robotic air bag with two integrated sensors that enables a safe collaborative human-robot solution without enforced space.

Leverage Robotics Flexible and Safe Assembly using ToolCubes and Robotic Airbag YouTube

AISTEC unveiled a new platform for damage detection; combining unmanned aerial vehicles (UAVs), 3D models and VR in the first holistic mapping and damage analysis system of its kind. The groups tech has been successfully demonstrated at sites particularly vulnerable to damages such as those caused by natural disasters; including bridges, power lines and dams, as well as buildings of historical significance. The UAVs are used to detect the frequency of the infrastructure and monitor changes over time, with VR renderings of these areas used to more clearly show clients issues and plan reconstructions. In total, the project marks the first complete chain from recording to visualization that uses image-based structural monitoring. The three year research project has just received just over $4 million in funding from the German government to bring it to commercialization.

A team of researchers from Germanys Saarland University has developed a novel robotic gripping arm novel in the fact that it does not use compressed air to create a vacuum to pick up items, but shape memory alloys activated by a small pulse of electricity. The four arms end in suction cups with shape memory alloy wire, which is tightened with a brief electric current, and each prototype version can lift up to 6 pounds.

Current methods of compressed air are noisy and energy-consuming, and this alternative method purports to be a low-energy method that could afford businesses significant cost and power savings. While these were not initially built with industrial purposes in mind, the optimization potential if this model was scaled is significant.

One of the offerings on the floor from PwC includes its Factory Intelligence program; an analytics suite designed to monitor and analyze plant operations down to each factory floor. The system, which was developed alongside Microsoft, is now deployed in 190 plants and was created to help operations cut down on lost time and curb costs by bringing increased transparency to the factory floor using digital twins and sensor technology.

The group says it is responding to consumer trends such as hyper-personalization, intelligent factories and the servitization of product, as well as the economic downturn and production demand of the post-pandemic landscape.

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Hannover Messe 2022: Robotics, Predictive Maintenance and UAVs on Display - IoT World Today

"Locus customers can now rapidly integrate and deploy Locus Robotics solutions without lengthy custom code development," said A.K. Schultz, CEO of SVT Robotics. "The connectivity from the SOFTBOT Platform to LocusBots technology enables warehouses to fully integrate Locus AMRs in just a matter of days to begin optimizing their productivity and efficiency much more quickly."

"Fast and seamless WMS integration is a key element in Locus's ability to deploy quickly and flexibly in both existing and greenfield warehouses," said Rick Faulk, CEO of Locus Robotics. "SVT's expertise in integrating the Locus solution with all WMS platforms will help us deliver even faster ROI for our customers and drive the digital transformation of today's fulfillment warehouse."

"Kenco's collaboration with SVT and Locus Robotics has made deploying autonomous mobile robots seamless, significantly easier, and faster," said Kristi Montgomery, Vice President, Innovation, Research & Development, Kenco. "As we add robotics to additional sites, being able to be up and running in weeks vs. months is a critical growth factor to enable delivery of high productivity for all of our customers."

Locus Robotics' industry-leading autonomous mobile robotics fulfillment solution enables brands, retailers, and third-party logistics (3PL) operators to easily meet steadily increasing consumer demand for e-commerce, retail, omnichannel, and manufacturing order fulfillment. LocusBots work collaboratively with workers, doubling or tripling productivity of both outbound (picking) fulfillment and inbound (putaway/replenishment while lowering labor recruitment, training, and retention costs.

Both companies will have booths at Automate Show 2022, running in Detroit from June 6th 9th. At booth 632, SVT Robotics will host live demos of end-to-end integrations in just 15 minutes, while at booth 4932, Locus will feature live order picking and putaway demos.

About SVT Robotics

SVT Robotics is an enterprise software company that's revolutionizing robot deployments in the warehousing and manufacturing industries. SVT's SOFTBOT Platform enables companies to integrate any robot, automation, IoT device, or human productivity tool for any task in just days or weeks. Learn more and join the revolution atsvtrobotics.com. Follow us onTwitter,Facebook, andLinkedIn.

About Locus Robotics

Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece-handling productivity 2x 3x, with less labor compared to traditional piece handling systems. This award-winning solution helps retailers, 3PLs, and specialty warehouses of global customers such as CEVA, DHL, Boots, GEODIS, GXO, Whiplash, Verst Logistics, Radial, and others toefficiently meet and exceed the increasingly complex and demanding fulfillment environments, easily integrating into existing warehouse infrastructures without disrupting workflows, instantly transforming productivity without transforming the warehouse. For more information, visitwww.locusrobotics.com.

SOURCE Locus Robotics

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SVT Robotics and Locus Robotics Partner to Accelerate AMR Integration and Deployment in Fulfillment Warehouses - PR Newswire

Leading eCommerce logistics Automation Company is recognized for providing innovative solutions to supply chain challenges

WESTLAKE VILLAGE, Calif., June 1, 2022 /PRNewswire/ --inVia Robotics aleader in eCommerce fulfillment automation systems has been awarded this year's Best Practices Technology Innovation Leadership Award in the North American goods-to-person robotics market by Frost & Sullivan, a leading third-party research and consulting firm.

inVia's true robotics-as-a-service (RaaS) model beat out category competitors as it provides retailers and 3PLs with a flexible, cost-effective solution that dramatically increases productivity in existing facilities. The RaaS system allows customers to pay for productivity of inVia robots and software versus competitors who lease or sell robots. The subscription service covers all system updates and includes 24/7 monitoring and support through inVia's Robotics Operation Center (ROC). A team of robotics experts is dedicated to each customer to oversee fulfillment operations and troubleshoot any problems, often fixing them before they are even visible. This model democratizes automation, making it available as an operating expense to businesses of all sizes, versus traditional equipment that was capital-intensive and expensive.

"We're honored to receive this recognition and award for our technology that is solving the pressing issues facing warehouse employees and businesses on a daily basis," says Lior Elazary, CEO and Co-Founder of inVia. "We recognize that eCommerce demand is continuing to rise and warehouse workers are still facing immense pressures to fulfill orders quickly. Our mission is deeply rooted in creating an environment where people can do fulfilling work and in order for us to ensure this happens, we are committed to improving the technological offerings that our customers require."

"Frost & Sullivan applauds inVia for maximizing worker productivity and providing eCommerce organizations with an attainable entry point to introduce autonomous mobile robots and the PickerWall into their businesses," says Sankara Narayanan, Industry Principal at Frost & Sullivan. "The company's RaaS model, ROC, and quick deployment further enhance its customer value proposition."

A key differentiator in receiving the award was the inVia PickerWall, as it demonstrates inVia's unique workflow that removes interdependencies between robots and people and subsequently unleashes productivity rates, at a time when warehouse labor is hard to hire. The inVia PickerWall helps companies manage higher order volumes without having to increase labor enabling eCommerce warehouses to be 10 times more productive. Most importantly, inVia PickerWall leverages the strengths of both people and robots. Robots work nonstop doing repetitive tasks like traveling and picking. People are allowed to do higher order tasks like sortation and work on a variety of tasks in bursts. Workers enjoy more stimulating working conditions and businesses enjoy consistently meeting service level agreements (SLAs) without dips in productivity.

inVia Picker robots were also recognized by Frost & Sullivan as solving one of the most challenging problems in the eCommerce space; quick and easy access to a wide variety of stock keeping units (SKUs). eCommerce warehouses are often 250,000 square feet, comparable to three football fields and may have 100,000 SKUs distributed across the warehouse. The robots are completely autonomous and eliminate the need for people to travel across the facility to retrieve inventory and deliver it to the packing station. Additionally, inVia Pickers are mobile, unlike traditional shuttle systems, and can be moved to work in different zones or in other locations. This eliminates the need for reengineering facilities, allowing inVia to adapt to different environments.

The Frost & Sullivan Best Practices Awards recognize companies across the globe for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. inVia was awarded based on its commitment to innovation, creativity, and application diversity that meet ever-evolving customer needs.

About inVia RoboticsinVia Robotics is an award-winning automation company that provides the next generation of warehouse optimization solutions. Our system leverages autonomous mobile robots and AI-driven warehouse orchestration software to help e-commerce businesses and 3PLs automate and optimize material flow across fulfillment centers. We deliver our comprehensive automation services as a subscription, and our systems are built to deploy quickly and without disruption to existing operations. The results are a 4-5X increase in productivity and accuracy rates of 99.9% - at a fraction of the cost of traditional automation. Learn more about how we can optimize your operations at http://www.inViarobotics.com.

About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

SOURCE inVia Robotics

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inVia Robotics Wins the 2022 Technology Innovation Goods-to-Person Robotics Award from Frost & Sullivan - PR Newswire

This market research report extensively covers Food Packaging Robotics Market by the following:

Get more insights into this market's growth with a detailed analysis of the top regions, View our Sample Report!

Food Packaging Robotics Market Dynamics

Market DriverThe assurance of safety and quality is one of the primary elements driving the growth of the food packaging robotics industry. The focus of robotic technology advancements is on safety considerations. Packaging robots are put on the assembly line and work alongside factory personnel. Packaging robots include safety controllers that allow them to keep an eye on the movement of their arms. This maintains the movements under control and ensures the safety of the nearby manual employees.

Market TrendThe ability of robots to perform numerous activities is a prominent trend driving the growth of the food packaging robotics industry. Because of the increased demand for automation in the food business, robotic technology is rapidly evolving. Packaging robots may work in a variety of applications thanks to the integration of modern sensors and vision technology, as well as differential arm movements. Packaging robots are versatile since their axes can move in different directions.

Market ChallengeOne of the major roadblocks to the expansion of the food packaging robots sector is the scarcity of skilled labor. To maintain seamless operations, human workers must understand how robots perform as well as periodic servicing requirements. End-users are typically deterred from using robots because of a lack of technical experience since they view the downtime associated with maintenance duties as a significant loss.

Our reports cover all the major factor that drives a market along with the challenges. To get a detailed understanding of the market trend, Download Sample Report!

Food Packaging Robotics Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 10.19%

Market growth 2021-2025

USD 1.03 billion

Market structure

Fragmented

YoY growth (%)

4.75

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 38%

Key consumer countries

China, US, Germany, Japan, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

ABB Ltd., DENSO Corp., FANUC Corp., MIDEA GROUP, Mitsubishi Electric Corp., OMRON Corp., Seiko Epson Corp., Syntegon Technology GmbH, Teradyne Inc., and Yaskawa Electric Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Food Packaging Robotics Market Segmentation

Download Sample Report: to know additional highlights and key points on various market segments and their impact in coming years.

Food Packaging Robotics Market Vendor The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Find out the top market vendors, their competition and how they excel in the Food Packaging Robotics Market in our latest Sample Report. Download our Detailed Sample Report.

Product Insights and News

Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!

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Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Application

6 Customer landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [emailprotected]Website: http://www.technavio.com/

SOURCE Technavio

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Food Packaging Robotics Market Size to Grow by USD 1.03 Bn at a CAGR of 10.19% | Primary Packaging segment is expected to witness lucrative growth |...

Research and innovation in robotics in the automotive manufacturing and supply sector has declined in the last year.

The most recent figures show that the number of robotics related patent applications in the industry stood at 168 in the three months ending March down from 191 over the same period in 2021.

Figures for patent grants related to robotics followed a different pattern to filings growing from 97 in the three months ending March 2021 to 136 in the same period in 2022.

The figures are compiled by GlobalData, who track patent filings and grants from official offices around the world. Using textual analysis, as well as official patent classifications, these patents are grouped into key thematic areas, and linked to key companies across various industries.

Robotics is one of the key areas tracked by GlobalData. It has been identified as being a key disruptive force facing companies in the coming years, and is one of the areas that companies investing resources in now are expected to reap rewards from.

The figures also provide an insight into the largest innovators in the sector.

Toyota Motor Corp was the top robotics innovator in the automotive manufacturing and supply sector in the latest quarter. The company, which has its headquarters in Japan, filed 39 robotics related patents in the three months ending March. That was up from 22 over the same period in 2021.

It was followed by the South Korea based Kia Corp with 27 robotics patent applications, Ireland based Aptiv Plc. (24 applications), and Japan based Denso Corp (11 applications).

Aptiv Plc. Has recently ramped up R&D in robotics. It saw growth of 54.2% in related patent applications in the three months ending March compared to the same period in 2021 - the highest percentage growth out of all companies tracked with more than 10 quarterly patents in the automotive manufacturing and supply sector.

The rest is here:

Robotics innovation among automotive industry companies has dropped off in the last year - just-auto.com

Portland, OR, May 30, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global industrial robotics market was estimated at $37.87 billion in 2020 and is expected to hit $116.84 billion by 2030, registering a CAGR of 11.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.

Increase in demand for automation, high labor cost and dearth of skilled human workforce, rise in investments in R&D activities, and availability of affordable and energy-efficient robots drive the growth of the global industrial robotics market. On the other hand, High initial investment and installation costs impede the growth to some extent. However, rise in application areas, growth in emerging economies, and evolving robotics technology are expected to create lucrative opportunities in the industry.

Download Sample PDF (240 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/214

Covid-19 Scenario-

The global industrial robotics market is analyzed across type, end-user industry, function, and region. . Based on type, the articulated segment accounted for the major share in 2020, holding more than two-fifths of the global market. The cylindrical segment, however, would exhibit the fastest CAGR of 13.1% throughout the forecast period.

Based on industry, the electrical & electronics segment generated the highest share in 2020, accounting for nearly one-third of the global market. The food & beverages segment, on the other hand, would exhibit the fastest CAGR of 12.8% from 2021 to 2030.

Get detailed COVID-19 impact analysis on the Industrial Robotics Market : Request Here

Based on region, the market across Asia-Pacific held the lions share in 2020, garnering nearly three-fifths of the global market. The LAMEA region, on the other hand, is expected to cite the fastest CAGR of 13.2% by the end of 2030.

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Leading Players:

DAIHEN Corporation, Denso Corporation, Kobe Steel, Ltd., Epson America, Inc., ABB, Fanuc Corporation, Kawasaki Heavy Industries Ltd., Yaskawa Electric Corporation, Kuka AG, and Mitsubishi Electric Corporation. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Industrial Robotics Market Is Expected to Reach $116.84 Billion by 2030: Says AMR - GlobeNewswire

INDUSTRIAL EXCHANGE: ORTHODONTIC INDUSTRY IS COMING THE NEW ERA

Founded in 1900, the American Association of Orthodontists (AAO), as the oldest and most authoritative dental professional organization in the world, annual meeting of it is regarded as a feast of the orthodontic industry and academic exchanges. In the future, it will guide a new direction for the development of the orthodontic industry.

Varying from the academic forums known to the public in the past, AAO integrates industry exchange lectures, scientific knowledge exhibitions and orthodontic equipment exhibitions. One of the biggest highlights of this year is the innovation pavilion in the Miami Beach Convention Center exhibition hall. Many blockbuster cutting-edge technologies debuted for the first time, which also indicates that the field of orthodontics has officially entered the era of technological globalization.

PUBLIC FOCUS : WEIYUN AMAZES THE WORLD BY ITS FRQUENT TECH UPDATES

Weiyun AI & Robotics Group, as a pioneer of industrial AI and an advocate of new standards in the oral medical industry, has always captured the public's eyes. This year, it represented the leading technology company in this industry was invited by the Annual Meeting of the American Association of Orthodontists. With its self-developed smart scanner AI SMILE S4 intra-oral scanner, which just won the German Red Dot Award recently, it made a stunning appearance, which once again attracted the attention of the industry. In addition to its streamlined minimalist beautiful design, this oral scanner that has undergone 4 iterations, also has the ability to link the data portal of millions of cases worldwide with cloud brains, smart factories and terminal medical institutions. It can be used in various oral medical scenarios including orthodontics, implantation, restoration, dental aesthetics, etc., and provide doctors and patients with more comfortable, accurate, efficient and real-time visual orthodontic solutions, while the cost is only 1/3 of the same precision equipment but more effective. Weiyun's technology and its close-loop industrial chain reduces the cost in the robotics device production in a large extent, which makes the AI techology accessible for the common use in the real world.

In addition, AI SMILE also brought three-layer and multi-layer TPU polymer diaphragms jointly launched with North American strategic partner GOOD FIT. This revolutionary breakthrough product also attracted the strong interest of many professionals who came to communicate with it. By virtue of its strong molecular chain structure and high flexural modulus of elasticity, it can continuously and stably apply force, so as to closely fit the teeth, strengthen the treatment, and ensure that the treatment force is evenly and smoothly released to the teeth. Moreover, it also has outstanding resistance performance in complex oral environment at the same time. This innovative breakthrough will also benefit 1 billion patients worldwide in extensive commercial use in the future.

FUTURE TREND : INDUSTRIAL AI ENABLES AI POPULARIZATION IN DENTAL MEDICINE

At the exhibition site, there was an endless stream of people in front of the AI SMILE booth. Carefully and thoughtfully, the staff of Weiyun AI & Robotics Group introduced industrial AI solutions and technological breakthroughs through a combination of video explanations and operation demonstrations. Regarding the future industry trends, in the reporter's interview, AI SMILE artificial intelligence expert responded, "Dental medicine is an application scenario that requires highly personalized solution design and high-precision production and delivery standards. Artificial intelligence applications are undoubtedly the optimal solution for the future development of the dental industry. With years of technology accumulation and the deep integration of the industry, Weiyun AI & Robotics Group has built a closed loop of high-precision large-scale flexible production capacity in the industry. And the team recently independently developed AI robot execution terminal equipment and achieved significant results. Technological breakthroughs have greatly improved production efficiency and reduced production costs, making it possible to popularize AI in the whole industry."

MORE POSSIBLITIES: WEIYUN IS EXPECTED TO OPEN MORE POSSIBITIES WITH ITS INDUSTRIAL AI POWER

As an advocate and pioneer of industrial AI, Weiyun AI & Robotics Group has never stopped moving forward. With the core advantages of artificial intelligence technology and robot execution terminal equipment, it reshapes the upstream and downstream ecological chain of digital dentistry. In the oral medical industry with high market stockindividual demand and high precision demand, Weiyun AI has formed technical barriers in every link of the industrial chain, truly realizing the vertical landing of AI and building a closed loop of high-precision and large-scale flexible production capacity. Meanwhile, Weiyun has been able to intelligently deliver thousands of SKUs in the oral medical scene, forming unshakable international competitiveness and market influence, and laying a pioneering position in the whole industry.

It is reported that through the American Orthodontic Annual Conference, Weiyun AI & Robotics Group, based on its core AI technology and robot execution terminal, deeply empowers the oral medical industry and establishes industry standards. Moreover, its unique industrial AI strength in the industry and the status of reshaping industry standards have been widely recognized internationally. It is worth expected that in the future, Weiyun will release more huge potential and lead the dental medical industry to realize more infinite possibilities.

SOURCE AI SMILE

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Weiyun AI & Robotics Group Attended The Annual Meeting of AAO with Its AI SMILE New Breakthough, Shows Its Leading Power in Industrial AI of...

Sarcos Technology and Robotics (NASDAQ:STRC Get Rating) and RINO International (OTCMKTS:RINO Get Rating) are both small-cap industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, valuation, institutional ownership, analyst recommendations, earnings and risk.

Analyst Ratings

This is a summary of recent ratings for Sarcos Technology and Robotics and RINO International, as provided by MarketBeat.

Profitability

This table compares Sarcos Technology and Robotics and RINO Internationals net margins, return on equity and return on assets.

Insider and Institutional Ownership

35.3% of Sarcos Technology and Robotics shares are held by institutional investors. 23.2% of Sarcos Technology and Robotics shares are held by insiders. Comparatively, 12.1% of RINO International shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Sarcos Technology and Robotics and RINO Internationals top-line revenue, earnings per share (EPS) and valuation.

RINO International has lower revenue, but higher earnings than Sarcos Technology and Robotics.

Risk & Volatility

Sarcos Technology and Robotics has a beta of 2.69, suggesting that its share price is 169% more volatile than the S&P 500. Comparatively, RINO International has a beta of -4.3, suggesting that its share price is 530% less volatile than the S&P 500.

Summary

Sarcos Technology and Robotics beats RINO International on 6 of the 8 factors compared between the two stocks.

Sarcos Technology and Robotics Company Profile (Get Rating)

Sarcos Technology and Robotics Corporation designs, develops, and sells robotic systems. Its robotic systems augment human performance by combining human intelligence, instinct, and judgment with machines to enhance employee safety and productivity. The company's mobile robotic systems include the Guardian XO, a full-body powered exoskeleton; Guardian XT, a highly dexterous mobile robot perform; Guardian GT, a force-multiplying dexterous robotic system; and Guardian S, a remote-controlled visual inspection and surveillance robotic system. Sarcos Technology and Robotics Corporation is headquartered in Salt Lake City, Utah.

RINO International Company Profile (Get Rating)

RINO International Corporation, through its subsidiaries, operates as an environmental protection and remediation company in the People's Republic of China. The company engages in designing, manufacturing, installing, and servicing wastewater treatment and flue gas desulphurization equipment primarily for use in the iron and steel industry; and anti-oxidation products and equipment for use in the manufacture of hot rolled steel plate products. Its products include Lamella Inclined Tube Settler Waste Water Treatment System, which comprise industrial water treatment equipment, effluent-condensing equipment sets, solid and liquid abstraction dewatering equipment, and coal gas dust removal and cleaning equipment; and Circulating, Fluidized Bed, Flue Gas Desulphurization System that removes particulate sulphur from flue gas emissions generated by the sintering process in the production of iron and steel; and High Temperature Anti-Oxidation System for hot rolled steel, a set of products and a mechanized system, which reduces oxidation-related output losses in the production of continuous cast hot rolled steel. In addition, it offers contract machining services for third-party industrial enterprises. The company was incorporated in 1984 and is headquartered in Dalian, the People's Republic of China.

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Reviewing Sarcos Technology and Robotics (NASDAQ:STRC) and RINO International (OTCMKTS:RINO) - Defense World

Photo credit: Dyson

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Last week, Dyson announced that for more than ten years, the company known for vacuums has been working on robots that can help us complete household chores.

In a new hiring push, Dyson is expanding its robotic engineering efforts across four new facilities in Europe and Asia.

A more rugged robot is required to handle the wear-and-tear of working inside a chaotic human household.

Imagine a robot picking up toys strewn about your home. Or maybe a robot bleaching the kitchen counter after it meticulously washes your dishes and places them in your drying rack. Thats the vision of the future that Dyson hopes to make a reality with an engineering push that welcomes robots into our homes to complete arduous, repetitive household tasks. That could make your least favorite chores a thing of the past.

On May 25, Dyson revealed that the brand, best known for its line of vacuums, has spent the last ten years heavily dedicated to improving robotics within the home; its all part of a covert 20-year push toward advanced household robotics that began with the firms development of robo-vacuums. There is a big future in robotics, saving people time, performing chores for people and improving peoples daily lives, Dyson says in a YouTube video about the new robots (embedded at the top of this story).

Dyson released the promotional video as part of a hiring push, as it aims to eventually have 700 engineers across four sites in the United Kingdom and Singapore dedicated to household robotics.

To make it work, Dyson knows it needs to continue to improve the functionality and durability of the machinery to be as compliant as possible and safe in a home environment. Translation: make a robot that doesnt get destroyed by the humans it hopes to help.

In order for Dyson to get a robot involved in cleaning the sofa, picking up toys, putting away dishes, or cleaning countertops, the company needs to improve its durability. With movable arms and grippersmeaning various degrees of freedom, or directions the robot can move inthe machine cant be under a constant threat of breaking. It also needs to be able to move about a home without breaking other things. (Unless, you know, Dyson figures out how to get the robots to fix things, too).

Story continues

Dyson is already at work upgrading sensors and cameras to help the robot scan rooms, furniture, and household items to better understand and distinguish between objects. Add in upgraded thermal imagingwe dont want the robots trying to clean humans, after alland the robots are well on their way to becoming adequate cleaning pros.

Photo credit: Dyson

Of course, Dyson isnt the only group trying to make a complex household-friendly robot. Unlimited Robotics believes its robot, Gary, can handle a few basic household chores once it dials in the software. Aeolus Robots, meanwhile, has built machines that can help out with opening doors and picking up items. Boston Dynamics, for its part, already has a popular robotic dog, called Spot, that can not only load the dishwasher, but has taken up work with a bomb squad, at oil and gas sites, and even in medical settings throughout the pandemic. (You can even buy one of your own, but its pricey).

Dyson is working with Englands Imperial College London on secretive additional research and development, and reportedly plans to spend nearly $3.5 billion on technologies and facilities over the next five years, at least a large portion of that filling out the robotics effort.

Dyson says it want the worlds brightest robotics engineers to join the company to create the UKs largest, most advanced robotics center at Hullavington Airfield and to bring the technology into our homes by the end of the decade.

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Dyson Is Building Robots to Perform Your Most Dreaded Household Chores - Yahoo Life