Heartland Robotics Inc announced it has landed $20 million in its latest round of funding. It is a series B venture round led by Highland Capital Partners and other investors namely, Sigma Partners and existing investors Bezos Expeditions and Charles River Ventures. Paul Maeder from Highland will be joining the Heartland board in conjunction with the new funding.
Flow International has declared a new collaboration with USG Robotics to enhance the productivity of Stone Industries.
Heartland Robotics has declared that it has received $20 million worth funds in Series B financing headed by Highland Capital Partners. Other participants include, a new investor named Sigma Partners and current investors Bezos Expeditions and River Ventures.
ABB, a Swiss group company, is planning to acquire Baldor Electric Company, an American motor fabricator, for $3.1 billion.
The first two of the CDL TOGS-NAV systems were delivered to SMD at their facility in Wallsend, England, in October on an accelerated schedule, as part of a major contract awarded to CDL, earlier this year.
ABB Robotics, an industrial robotics supplier, has selected Richmond- based Jewett Automation as its North American system integrator and channel partner.
ABI’s new research report has predicted that industrial robotics systems’ market revenue will expand from $5.2 billion in 2010 to $8.8 billion in 2015.
NASA is offering $20 million in support of the robotics non profit organisation ‘FIRST’ or For Inspiration and Recognition of Science and Technology.
Adept Technology, Inc., a provider of intelligent vision-guided robotics and global robotics services, has announced it is exhibiting at the EMBALLAGE show in Paris Nord Villepinte in France from November 22 -- 25, 2010. The Adept PAC, featuring the company's high-speed parallel robot, Adept Quattro(TM) is on display in stand 5a B 087 at the Paris Nord Villepinte Exhibition Centre.
As a part of its incentive for student participation in science, technology and mathematics with a focus on robotic technology, NASA is providing up to $20 million over the next five years to support a national program.
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