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Related Automation Industry News

• June 2024 - Rockwell Automation and NVIDIA joined forces to advance the creation of safer and more intelligent industrial AI mobile robots. Their collaboration, which kicked off earlier this year, initially centered on boosting AI's influence in manufacturing. Now, the partnership is expanding its scope to include robotics, with a particular emphasis on leveraging AI to boost the performance and efficiency of autonomous mobile robots (AMRs). Rockwell is rolling out AMRs and production automation solutions to its industrial clientele, aiming to elevate operational efficiency.
• April 2024 - Viam teamed up with KUKA to enhance the integration and deployment of its software platform with KUKA's robotic arms. This was made possible by a versatile public driver, prominently showcased in the Viam Modular Registry. The partnership combines Viam's cutting-edge machine interoperability, code deployment, and data analytics prowess with KUKA's premier equipment. Consequently, automation specialists and systems integrators are equipped with a powerful tool, enabling them to better serve their clients and sharpen their competitive advantage.

• June 2024: National Building and Marketing Co. (NBM), based in Saudi Arabia, recently inked a significant deal valued at SAR 350 million (USD 93.33 million) with Al-Fayzia Real Estate Development Co. The contract, specifically for the 'Granada Riyadh Project,' entails NBM overseeing infrastructure and superstructure development. This includes constructing, finishing, and supplying all building materials, managing administrative tasks, and ensuring all services are in place for the project's investment readiness.
• January 2024: The Kingdom allocated more than USD 186 billion to the Saudi Green Initiative and tremendous resources, time, and effort to tackle climate change. The Public Investment Fund (PIF) is a prime example of using idle assets for national development, focusing on generating returns and stimulating growth. The government has prioritized 13 sectors for profitability to accelerate diversification across several sectors. PIF deployed the most significant fresh capital in 2023, investing over USD 35 billion.

• March 2024 - Specim revealed its collaboration with ETT, the top Machine Vision solutions provider in Chile. Through the partnership of Specim and ETT, clients in Chile and Peru will benefit from advanced imaging technology, professional assistance, and creative solutions that will enhance their achievements.
• January 2024 - Living Optics Limited, a trailblazer in computational imaging, introduced its newest release, the Living Optics Camera. This innovative product is designed to combine spectral imaging functionalities with computer vision, enabling developers to delve into and utilize the benefits of Hyperspectral Imaging in their projects. The debut of Living Optics signifies the result of its wide-ranging partnerships across various sectors, including computer vision, agriculture, healthcare, and security. The objective of this launch is to broaden the reach of their state-of-the-art technology to a wider audience.

• March 2024: ZainTECH, an integrated digital solutions provider, partnered with UEM Edgenta to integrate its digital solutions with UEM Edgenta's expertise in optimizing infrastructure and facilities management processes. ZainTECH showcased its portfolio of digital transformation solutions, reflecting the company's ambition to bolster its presence in Saudi Arabia. This agreement in Saudi Arabia comes with national-level digitalization programs in line with Vision 2030 and the National Investment Strategy.
• August 2023: The Public Investment Fund (PIF) established the Saudi Facility Management Company (FMTECH), offering utility management, energy management, waste management, housekeeping, security, and landscaping services. FMTECH aims to improve operational efficiency within the local facilities management sector and offer cost-effective solutions to increase properties' lifespan within real estate development projects in Saudi Arabia.

• February 2023: Robinson Services, one of Northern Ireland's major service providers in the support services sector, partnered with FM Stores Ireland, a company with expertise in cleaning, hygiene, and safety services. This partnership would enable Robinson Services to provide many professional FM soft services in Ireland's commercial sectors.
• January 2023: Virgin Media O2, a communications and entertainment services supplier, and ISS Ireland expanded and renewed their partnership, in which ISS would provide security, a full range of workplace services, and maintenance of vital technological estate infrastructure in office locations across the Virgin Media O2 network.

• February 2023 - ENGIE Impact announced its partnership with Mölnlycke to move from strategy to implementation. ENGIE is expanding its low-carbon energy expertise from Mölnlycke's operations in Malaysia, which is the company's global operations. Mölnlycke and ENGIE have entered a 15-year, low-carbon energy and services partnership to support Mölnlycke's ambitious new mid- and long-term greenhouse gas (GHG) emission reduction targets.
• December 2022 - Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in Svante’s Series E fundraising round, which raised USD 318 million that would be used to accelerate the manufacturing of Svante’s carbon capture technology. These companies are advancing a full value chain carbon capture, utilization, and storage (CCUS) business and believe Svante is poised to be a leader in enabling carbon capture solutions.

• March 2024 - Blue Yonder has announced the signing of an agreement to acquire one Network enterprise for approximately USD 839 million, subject to adjustments. One Network, provider of the Digital Supply Chain Network, is known for its autonomous and resilience services and is a leading global provider of intelligent control towers. Upon completion, Blue Yonder will be well positioned to serve customers’ needs across planning, execution, commerce, and networks.
• July 2023 - Jungheinrich,  premiered its latest mobile robot solution at Stuttgart's LogiMAT 2023, the international trade fair for intralogistics solutions. It's a robot that can be easily integrated into any warehouse, which finds its own solutions, and which adapts to changing warehouse needs, increasing performance and efficiency. Its newly developed control system and toolchain enable smooth, simple integration with any existing warehouse environment and guarantee impressive flexibility from planning stage to day-to-day operations.

• February 2024: Coesia, through its subsidiary FlexLink, completed the acquisition of 100% of the share capital of Automation & Modular Components. Headquartered in Davinsburg, Michigan, United States, Automation & Modular Components LLC (AMC) is a prominent manufacturer of material handling automation systems with integrated controls. AMC also produces conveyors designed for integration into assembly systems and production lines.
• March 2024: Wolter Inc., a leading provider of material handling solutions, automation, overhead cranes, industrial dock and door services, and power systems, announced a significant growth investment from BBH Capital Partners. This strategic partnership enables Wolter to accelerate its expansion plans, including acquisitions and real estate investments, further solidifying its position in the industry.

• In March 2024, Singapore's StorHub, a leading self-storage operator, entered the Australian market with the launch of StorHub Australia, supported by a USD 300 million equity commitment. StorHub's Australian platform begins with five properties in Sydney, Melbourne, and Canberra, featuring a combined gross floor area (GFA) of 56,210 square meters. These acquisitions enhance StorHub's presence in Australia and align with its pan-Asia growth strategy, adding 655,000 sq m to its portfolio across seven markets in the Asia-Pacific region.
• In February 2024, SecureSpace Self Storage announced opening a new self-storage facility, SecureSpace San Bernardino, located in San Bernardino, California. The self-storage facility has a proprietary high-security platform with artificial intelligence-enabled cameras and sensors offering state-of-the-art security and monitoring.
• In January 2024, Etude Capital, a company of self-storage facilities in the United States, and San Felipe Financing LLC, a private real estate entity, announced the launch of a Joint Venture, Etude Storage Partners, which would invest across the North American self-storage market.

• April 2024: SmartCheck, a provider of SaaS facility management services, secured undisclosed debt funding from Incred Capital in a funding round facilitated by Lakhani Financial Services. This funding round marks SmartCheck’s positioning to accelerate growth and innovation in the rapidly evolving facility management industry.
• November 2023: LG and POSCO teamed up for unmanned robot facility management. LG Electronics conducted a demonstration project for unmanned facility management using an artificial intelligence (AI) autonomous robot in the underground electrical room of POSCO's Gwangyang hot-rolled mill. The robot is equipped with cameras and LiDAR sensors and has independently completed its task of independently inspecting the operating status of equipment such as power cables, transformers, and reactors located throughout the electrical room.