Robotics is a rapidly growing and changing industry. Each week we put together a collection of stories to help keep you up to date. Unfortunately, we can't cover everything each week, but we try to provide updates that we think are relevant to your career in robotics.
Shopify Suffers Huge Loss on 6 River Systems
This week Ocado released its 2023 mid-year financial report. In this report it indicated that Ocado paid $12.7 million to acquire 6 River Systems in May 2023. This is only 2.8% of what Shopify paid for 6 River Systems when they acquired the company in September 2019 for $450 million. Check out this article from The Robot Report for more details.
June 2023 Robotics Investments Total $2.1 Billion
This week the Robotics Business Review reported that in the month of June investments in robotics totaled $2.1 billion. This is big news considering that all robotics investments this year, prior to June, only totaled approximately $6.1 billion. See the Robotics Business Review for the full breakdown of all investments. Some of the largest investments include Mobileye for $1.6B, United Aircraft for $168M, and Percepto for $67M.
FIRST® LEGO® League MASTERPIECE Season Full Details Released
This week the FIRST® LEGO® League released the full details of their new season, called MASTERPIECE. This is exciting news for any young roboticist or supporter of the FIRST® LEGO® League.
Nicholas Kirsch is an employee of Sarcos Technology and Robotics Corporation. The views and opinions expressed in this blog are solely his own and do not necessarily reflect the views or positions of Sarcos Technology and Robotics Corporation, its affiliates, or any other entity.
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