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New drive solution for robots: A game changer in intralogistics
Drive systems from Faulhaber have often demonstrated their performance here during sorting and transporting as well as with storage and retrieval.Read more
Ultra-low voltage drives market to grow to $3.1 billion by 2027
Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more
Continental underscores its strong technological and competitive position
Speaking at the company’s virtual annual shareholders’ meeting recently, Nikolai Setzer, CEO, Continental, said, “Our technological expertise ranges from the road to the cloud”. The company also formed an exclusive partnership with Aurora for autonomous trucking systems.Read more
Teledyne FLIR launched enhanced detection & tracking software model Prism AI
Thermal imaging camera and sensor designer and producer, Teledyne FLIR launched new model of Prism AI which enables engineers to embed thermal automotive perception systems with advanced driver assistance systems (ADAS) and autonomous vehicle (AV) systems. It is trained and validated on more than 2.3M multi-spectrum annotations, and improves inference performance for perception development.Read more
MobileDrive builds next-gen autonomous driving systems with Siemens’ digital twin technology
MobileDrive has adopted a model-based systems engineering (MBSE) approach its Advanced Driver Assistance Systems (ADAS). Its vision and technology roadmap is based on market-led vehicle requirements built using Siemens Xcelerator.Read more
Addverb aims to be a billion-dollar company in the next 5 years
In this interview with Rakesh Rao, Sangeet Kumar, Co-founder & CEO, Addverb Technologies, highlights changes taking place in the manufacturing sector and intralogistics operations, and Addverb is gearing up to tap emerging opportunitiesRead more
Valvoline launches performance fluid for electric vehicles
Driving the change and meet the rapidly evolving EV market, Valvoline introduces EV performance fluids, engineered to extend battery life, and solve common electric vehicle issues. EV fluids are suitable for Battery Electric Vehicles, Hybrid Electric Vehicles and Plug-in Hybrid Electric Vehicles. Read more
Collaborative growth
In January 2022, Reliance Industries bought 54 per cent stake in Addverb Technologies (a manufacturer of autonomous mobile robots, sorting robots, and automated storage and retrieval systems) for $ 132 million marking an entry of big industrial giant in the fast-growing industrial automation sector.Read more
"New National Logistics Policy will act as a growth catalyst"
Godrej Material Handling - a business unit of Godrej & Boyce - is one of the leading manufacturers and exporters of forklift trucks and solutions in India. In order to aid India's expansion as a manufacturing hub, the company has introduced many innovative material handling solutions to boost efficiency in supply chain operations. In this interview with Rakesh Rao, Anil Lingayat, Executive Vice President & Business Head, Godrej Material Handling, explains impact of changes in logistics & warehouRead more
The changing dynamics of material handling market
In spite of robust industry growth, number of modern material handling equipment (MHE) sold in India (especially the modern equipment) are very small compared to developed countries. This presents huge opportunities for MHE makers who can provide cost-effective, high-quality innovative solutions to the end-user industries, says Rakesh Rao. Read more