Issue #3 – 12-26-18 – Softbank, Servo, Solderwerks

A slow week this week with Christmas and New Years.

1.) SoftBank Vision Fund Pours $500M Into Cambridge Mobile Telematics
Cambridge Mobile Telematics said Wednesday morning it has pulled in half a billion dollars in an investment from—you guessed it—the SoftBank Vision Fund. That’s Japan-based SoftBank Group’s reportedly $100 billion fund that has made waves in the venture capital world by cutting massive checks to companies across a variety of sectors.

2.) What’s new with servo presses?
Servo press technology was first introduced on a global production scale in 2001. Since then the production and cost-saving benefits of servo technology have certainly been realized in the market.

Today some press manufacturers are adding more “refinements” to their systems to enhance these benefits to improve the efficiency and performance of the press.

3.) SolderWorks Acquires Technology Consulting Firm SmartSource Management
Last week SolderWorks LLC announced that it has signed a definitive agreement for the acquisition of SmartSource Management. The technology consulting firm’s acquisition will fortify SolderWorks endeavours to add valued partnerships as well as services to an ecosystem that enables the swift realization of innovation.

Issue #2 – GE IoT, China VC, Exoskeletons

1.) GE forms separate venture for its industrial IoT software business

GE forms separate venture for its industrial IoT software business

GE (General Electric) is looking to form a separate and independent company for its industrial internet of things (IIoT) software business.Based in the US, GE provides products and services for several industries including aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, venture capital and finance, lighting, transportation, and oil and gas.

2.) China VC has too much money to spend
If you’re impressed by Masayoshi Son’s $100 billion Vision Fund, China’s $856 billion in “guidance funds” will blow your mind. The country is quickly becoming a major player in the venture capital world. This year, Chinese investors are involved in over $90 billion worth of deals, second only to the U.S. and up from only $11.5 billion five years ago.

3.) Industrial exoskeletons: new systems, improved technologies, increasing adoption.
The Robot Report
INFO: This article from The Robot Report is a summary of state of exoskeletons in the industry. The article covers an introduction to exoskeletons, adoption programmes and enabling technologies.

Cool Robotics Projects Happening Today

Whether you are looking for robotics for the home or office, here is the ultimate robot gift giving guide… for the billionaire in your house. In all seriousness, the robotic industry is evolving and we are very excited at how quickly this space is evolving.

1.) Moley Robotics – Robots for the kitchen.

2.) Endeavor Robotics – Robots for the battlefield

3.) Mayfield Robotics – Robots for the home

4.) Fetch Robotics – Robots for the warehouse

5.) Locus Robotics Autonomous Warehouse Automation

Advanced Manufacturing Weekly News

Welcome to the first ever edition of Advanced Manufacturing Weekly news. Our goal is to aggregate the most interesting moves in advanced manufacturing and deliver to your inboxes. This is an experiment, don’t hesitate to reach out if you have questions or ideas to improve this.

1.) MachineMetrics Raises $11.3 Million in Financing
MachineMetrics, which equips factories with the digital tools needed to increase productivity and win more business, raised $11.3 million in Series A financing, the company said this week.

2.)Hannover Fairs USA Announces New Event for IIoT, Industry 4.0
Details – This coming September, Deutsche Messe, through its U.S. affiliate, Hannover Fairs USA, will stage the biennial Digital Industry USA, an event for Industry 4.0 and the Industrial Internet of Things (IIoT) covering everything from proof-of-concept for factories to completely networked operations. Digital Industry USA will be held at the Kentucky International Convention Center, Louisville, Ky., Sept. 11 and 12, 2019.

3.)Robotics manufacturing firm Bright Machines expands to Seattle
Details – San Francisco-based Bright Machines is coming to Seattle. The maker of software and robotics systems for manufacturing plans to open an office in 2019 and has hired Nick Ciubotariu as SVP of software engineering. Ciubotariu formerly worked as a senior software engineering leader on Amazon’s Alexa and Amazon Cloud Drive.