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      <p>
        ThinkIQ, a provider of assembly line inspection solutions for manufacturers, has received a patent for its technology to trace and analyze material flow in manufacturing processes.
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      <p>
        As a part of its Vision Platform, ThinkIQ's material ledger technology leverages vision-processing software and AI to eliminate blind spots across equipment, materials, and people in the manufacturing process.
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      <p>
        The data material flows tracked can be integrated with existing IoT infrastructures for improved decision-making and autonomous task completion.
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  <p>
    <a href="https://www.prnewswire.com/news-releases/thinkiq-secures-patent-for-manufacturing-material-traceability-301783843.html">
      Press release
    </a>
  </p>
</div>


Smart Factory

ThinkIQ receives patent for manufacturing material traceability

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INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 <p>Rockwell Automation has entered into a partnership with Microsoft to create advanced cloud and AI solutions for manufacturing clientele, combining Rockwell's superior industrial automation proficiency with Microsoft's extensive cloud and AI capabilities.</p>
 <p>As part of the partnership, Microsoft's Azure IoT Operations has been integrated with Rockwell's FactoryTalk Optix. This integration allows manufacturers to glean informative insights from shop-floor data. Moreover, Rockwell has rolled out FactoryTalk Design Studio Copilot - a PLC code creation solution powered by Microsoft Azure OpenAI Service. The partnership has also yielded an AI-powered model specifically for Food & Beverage, utilizing Microsoft's Phi-3 small language models.</p>
 <p>Through this collaboration, the partners aim to assist manufacturers in enhancing operational efficiency, curtailing costs, and boosting productivity by merging Rockwell's industrial automation expertise with Microsoft's cloud and AI capabilities.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Over the last year, Rockwell Automation has been steadily expanding the capabilities of its industrial automation platform through integrations with Microsoft, particularly in the realm of AI. <a href="https:<br>
//sp-edge.com/updates/23243"> Last October </a> , the company integrated Microsoft's Azure OpenAI Service into its FactoryTalk Design Studio. It went on to integrate its edge and cloud solutions, Plex manufacturing execution system (MES) and DataMosaix, its factory data analytics solution, with Microsoft's Cloud for Manufacturing, <a href="https:<br>
//sp-edge.com/updates/28739"> in April </a> .</p>

Rockwell Automation and Microsoft partner to develop new AI-driven industrial automation solutions

<div>
 <p>Vecna Robotics, a firm specializing in providing material handling automation solutions, has successfully raised a total of USD 14.5 million in funding. This financing round saw the participation of current stakeholders such as Tiger Global and Drive Capital.</p>
 <p>Vecna plans to utilize this capital injection to fast-track advancements in its technology and product offerings. The primary target of these enhancements will be to cater to the automation requirements of businesses operating within the automotive, general manufacturing, and high-volume warehousing industries.</p>

</div> <p><b>Analyst QuickTake:<br>
 </b> This follows the company’s recent <a href="https:<br>
//sp-edge.com/updates/30657"> Series C </a> funding round in June 2024, which raised USD 100 million, and the subsequent launch of <a href="https:<br>
//sp-edge.com/updates/35245"> CaseFlow </a> , a case-picking automation solution based on optimized human-robot orchestration.</p>

Vecna Robotics raises USD 14.5 million in funding for product development

<div>
 <p>Vecna Robotics, a warehouse robotics startup based in Massachusetts, has named Karl Iagnemma as its new CEO. Iagnemma previously held the role of president and CEO at Motional, an autonomous vehicle company, a position he <a href="https://sp-edge.com/updates/33792"> recently left </a>.</p>
 <p>At Vecna Robotics, Iagnemma plans to help the company grow commercially, with an emphasis on enhancements to automation technology and products used in the automotive, manufacturing, and warehousing sectors.</p>
 <p>Prior to his time at Motional, Iagnemma led research at the Robotic Mobility Group laboratory at MIT for a decade. He also founded NuTonomy, a company which was acquired by Delphi for USD 450 million. In addition, he guided Motional, a USD 4 billion joint venture formed with Hyundai and Aptiv.</p>
</div>

Vecna Robotics appoints Karl Iagnemma as CEO

<div>
 <p>Rockwell Automation, an industrial automation and digital transformation solution provider, has announced its new AI technologies and robotic solutions at ADIPEC 2024 in Abu Dhabi. The new technologies include FactoryTalk Optix platform for human-machine interface, FactoryTalk Analytics LogixAI for production monitoring and predictions, and GuardianAI for equipment failure warnings, as well as Taurob robots which integrate with digital twin and Industrial Internet of Things technologies.</p>
 <p>These solutions, which have been developed through Kalypso, the company's digital services branch, are aimed at helping businesses enhance operational efficiency and sustainability measures, automate inspection and maintenance routines, and minimize downtime, as according to the company.</p>
</div>

Rockwell Automation to launch AI and robotics solutions at ADIPEC 2024

<div>
 <p>Locus Robotics, an autonomous mobile robots (AMRs) developer, has opened its new global headquarters, Locus Park, in Wilmington, Massachusetts. The new 157,000 sq ft facility will accommodate nearly 200 employees from the New England region.</p>
 <p>The facility is furnished with R&amp;D, testing, and engineering facilities, and also supports robotics manufacturing, shipping, and administration operations.</p>
 <p>The inauguration of the new headquarters aligns with the company's milestone achievement of 4 billion unit picks from its global customer deployments.</p>
 
</div>

Locus Robotics opens new global headquarters in Wilmington, Massachusetts

<div>
 
 <p>Flexxbotics, a firm that provides robotic control solutions, has enhanced its robotic machine tending with compatibility for LMI Technologies' 3D scanning and inspection products. This new integration allows businesses to implement robot-based manufacturing and maintain six sigma consistency in automated operations.</p>
 <p>The solution by Flexxbotics uses its own FlexxCORE technology to achieve a secure connection and communication between robotics and the equipment from LMI Technologies. It is compatible with the full range of Gocator sensors from LMI Technologies, such as 3D point profilers, 3D line profilers, and 3D snapshot sensors, among others.</p>
 <p>According to Flexxbotics, this compatibility enables the making of real-time adjustments to CNC machine programs using automated inspection results, thus facilitating autonomous process control.</p>
 
</div>

Flexxbotics announces compatibility with LMI Technologies for quality inspection

<div>
 <p>Aerospace and industrial solutions provider Honeywell has teamed up with Google to incorporate Gemini, Google's genAI model, into its industrial applications. This partnership is intended to deliver AI-powered insights through Honeywell's datasets, which can potentially reduce maintenance costs, increase productivity, and enhance employee skills. The partnership will utilize Google Cloud's Vertex AI and large language models (LLMs) in conjunction with Honeywell's Forge IoT platform for creating AI agents trained on industrial data. The resulting AI solutions will become available to industrial customers by 2025.</p>
 <p>Honeywell is also looking into implementing Gemini Nano, an on-device AI version, for operations in diverse industrial environments, especially in areas with restricted internet availability.</p>
</div>

Honeywell partners with Google to bring Gemini AI to industrial sector

<div>
 <p>ABB Robotics is set to sponsor US-based MassRobotics, an independent innovation center and startup accelerator for robotics. ABB will contribute with its GoFa collaborative robots and RobotStudio simulation software licenses as part of the sponsorship. This will allow startups to utilize ABB's technology for the creation of new industrial robotics solutions within the collaborative environment provided by MassRobotics.</p>
 </div> <p><b>Analyst QuickTake:<br>
</b> This sponsorship follows a recent trend of ABB making several active efforts to grow its “Robotics” business over the last year. Over the past two months, ABB launched the Energy Efficiency Service for manufacturers, which offers consultation, analysis, and tools to increase the energy efficiency of robots, as well as <a href="https:<br>
//sp-edge.com/updates/34084"> Ultra Accuracy </a> , a new feature for its GoFa cobot family which enables them to achieve a path accuracy of 0.03 mm. Moreover, in June, the company also <a href="https:<br>
//sp-edge.com/updates/30189"> launched OmniCore </a> , an advanced robotics automation platform that enables users to create robotic automation applications.</p>

ABB Robotics sponsors MassRobotics to support robotics startups

<div>
 <p>Sensirion, a company specializing in sensors and sensor solutions, has introduced the STS4L. This product is touted as the most affordable temperature sensor on the market. The STS4L falls under the umbrella of Sensirion's STS4x temperature sensor series, and is specifically engineered for applications that are limited in terms of space.</p>
 <p>The STS4L temperature sensor is completely digital and comes in a compact size of 1.5 x 1.5 x 0.5 mm. The sensor boasts an accuracy rate of ±0.4°C and comes with enhanced signal processing capabilities. Furthermore, the STS4L features three unique I²C addresses and supports communication speeds of up to 1 MHz.</p>
</div>

Sensirion launches STS4L temperature sensor

<div>
 
 <p>Avathon (previously known as SparkCognition) is a company that offers AI analytics solutions. It has recently launched a new system-level industrial AI platform.</p>
 <p>This AI platform aims to tackle a range of industrial problems, such as maximizing the uptime of high-cost assets, facilitating efficient manufacturing increase, and maintaining industrial worker safety. The platform uses a systems-level strategy to offer solutions for critical and intricate infrastructure.&nbsp;</p>
 <p>In addition, Avathon has revealed plans to move its headquarters to Silicon Valley. This move is part of the company's strategy to position itself within the area's innovation ecosystem.</p>
 
</div>

All Updates

ThinkIQ receives patent for manufacturing material traceability

Rockwell Automation and Microsoft partner to develop new AI-driven industrial automation solutions

Vecna Robotics raises USD 14.5 million in funding for product development

Vecna Robotics appoints Karl Iagnemma as CEO

Rockwell Automation to launch AI and robotics solutions at ADIPEC 2024

Locus Robotics opens new global headquarters in Wilmington, Massachusetts

Flexxbotics announces compatibility with LMI Technologies for quality inspection

Honeywell partners with Google to bring Gemini AI to industrial sector

ABB Robotics sponsors MassRobotics to support robotics startups

Sensirion launches STS4L temperature sensor

Avathon launches system-level industrial AI platform

Smart Factory

ThinkIQ receives patent for manufacturing material traceability

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