COVID-19: Accelerating the use of industrial automation and robotics yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.
AI Boom Gives Hope to Startups Making Humanoid Robots bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
The Formic software is based on data and experience gathered from hundreds of thousands of hours of real production time across the Formic robot fleet - from state-of the-art Fortune 500 production facilities to small 30 person local manufacturing plants. Formic’s software enables operations teams and delivers results for every business size.
Armada raised $55 million, reaching a valuation close to $250 million, in one year under CEO Dan Wright. The startup has a "close collaboration" with Elon Musk’s SpaceX.