Industry Briefing
A single destination for timely, editor-curated robotics news from around the world.
Ondas Acquires DZYNE Technologies for $875.8M
The Ondas DZYNE acquisition combines long-endurance ISR, counter-UAS, and autonomous effects under a new operating division for U.S. defense customers. Ondas Inc. (Nasdaq: ONDS) has announced the acquisition of DZYNE Technologies, LLC in a cash and stock transaction valued at $875.8 million. According to Ondas, the Ondas DZYNE acquisition establishes a multi-domain autonomous defense platform […] The post Ondas Acquires DZYNE Technologies for $875.8M appeared first on DRONELIFE.
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From Pepper's Disastrous Defeat to SoftBank's Mass Production Launch: Masayoshi Son's Third Bet on Robots?
Masayoshi Son, the CEO of SoftBank, is making a significant move in the robotics industry as the company prepares to launch mass production of its latest robotic technology. This initiative comes on the heels of SoftBank's previous setbacks, including the disappointing performance of the Pepper robot, which failed to meet market expectations. The decision to invest in mass production reflects Son's ongoing commitment to the robotics sector, despite past challenges. The announcement was made during a press conference held in Tokyo, where Son outlined his vision for the future of robotics and the potential applications of the new technology. He emphasized the importance of innovation and adaptability in a rapidly changing market, suggesting that SoftBank aims to leverage its expertise to regain its foothold in the industry. The push for mass production is driven by the growing demand for automation and robotics in various sectors, including healthcare, manufacturing, and customer service. SoftBank's strategy involves not only enhancing the capabilities of its robots but also ensuring they are accessible and affordable for businesses of all sizes. As SoftBank embarks on this new chapter, industry analysts are closely monitoring the company's progress, considering both the potential rewards and the risks associated with its ambitious plans. The outcome of this venture could redefine SoftBank's position in the robotics market and influence the future of automation technology globally.
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Smart mobility company becomes top electric motorcycle brand in Indonesia after raising millions from CATL fund.
OMOWAY, a smart two-wheeler mobility company, has successfully completed both Series A and A+ funding rounds, each raising tens of millions of dollars. The A+ round was led by Lochpine Capital, a fund backed by CATL, while Monolith led the A round with participation from CICC Capital and existing investor ZhenFund. Founded less than two years ago, OMOWAY has attracted a strong roster of investors, including Sequoia, ZhenFund, and various funds from the new energy sector. With significant financial backing and industry resources, OMOWAY is accelerating the commercialization of its products globally. In June, the company launched its flagship product, the OMO-X, with its first delivery in Indonesia, where it quickly became the top-selling electric motorcycle in the country during its first month. OMOWAY aims to disrupt the traditional motorcycle market, which has long been dominated by Japanese fuel brands, by addressing common industry challenges such as the high premium on advanced smart products and the lack of technological appeal in affordable options. The OMO-X features advanced technology, including a digital key, automatic side stand, remote control capabilities, and a large 10.25-inch interactive display, significantly enhancing user experience. The OMO-X Smart model focuses on intelligent mobility, while the OMO-X Balance is the world's first mass-produced self-balancing motorcycle, utilizing gyroscopic technology to improve stability. OMOWAY is also developing a reinforcement learning model for real-world driving conditions and has implemented a 360° panoramic vision system for enhanced safety. With a proprietary technology framework that integrates AI and robotics, OMOWAY is expanding its dealer network in Indonesia and plans to enter markets in Thailand, Singapore, and Europe, aiming to evolve transportation into intelligent partnerships for various applications.
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
