LONGREACH: Australian farmers are facing a diesel price shock, and many believe the long-term answer isn’t just finding more fuel, it’s rethinking how farms operate. From virtual fencing to solar-powered robots, growers are looking at ag-tech, automation and selective electrification to cut fuel dependence, boost productivity and weather future shocks. That message ran through…
NORTH READING – Teradyne, Inc. (NASDAQ: TER) on Tuesday reported 4.34% YoY increase in revenue to $769 million for the third quarter of 2025 of which $606 million was in Semiconductor Test, $88 million in Product Test, and $75 million in Robotics. According to stock filing, GAAP net income for the third quarter of…
HOUSTON: Helix Energy Solutions Group Inc (HLX.N) on Wednesday reported a third-quarter profit of $22.1 million, or 15 cents per diluted share, reversing a loss of $2.6 million in the prior quarter, as robust performance in its Robotics and Shallow Water segments offset offshore headwinds. The Houston-based offshore energy services firm posted adjusted EBITDA…
SoftBank Group Corp. said Monday it has agreed to acquire the robotics division of Swiss engineering giant ABB Ltd. for $5.4 billion, marking a major step in the Japanese conglomerate’s effort to expand its footprint in artificial intelligence. The deal, which remains subject to global regulatory approvals, will halt ABB’s previously announced plan to…
SAN DIEGO: Chipmaking giant Qualcomm said Tuesday it is acquiring Arduino, a move aimed at embedding its technology with the tinkerers and startups who are building the next generation of robots and intelligent devices. Arduino, an Italy-based maker of inexpensive, programmable circuit boards, is a staple in university labs, hardware startups and hobbyist workshops…
LONDON: Transense Technologies plc (AIM: TRT), a UK-based provider of specialist sensor systems, reported a 33% rise in annual revenue to £5.55 million for the year ended June 30, 2025, as both its SAWsense and Translogik divisions delivered strong growth. Profit before tax rose 12% to £1.41 million, supported by strategic investments in engineering,…
LONDON: UK-based consumer electronics startup Nothing has raised $200 million in a Series C funding round, valuing the company at $1.3 billion as it pivots from smartphones to a broader portfolio of AI-native devices. The round was led by Tiger Global, with participation from GV, Highland Europe, EQT, Latitude, I2BF, Tapestry, Qualcomm Ventures, and…
SAN JOSE: Cadence Design Systems Inc. (Nasdaq: CDNS) said Thursday it has agreed to acquire the Design & Engineering business of Hexagon AB, including its MSC Software unit, in a €2.7 billion deal aimed at accelerating Cadence’s Intelligent System Design™ strategy and expanding its footprint in the structural analysis market. Under the terms of…
LOS ANGELES: U.S. defense manufacturing startup Hadrian announced on Thursday the close of a $260 million Series C funding round, led by Founders Fund and Lux Capital, to significantly expand its production facilities aimed at bolstering American naval defense capabilities. The Hawthorne, California-based company, which uses automation, robotics, and artificial intelligence to produce precision…
Robotics is an interdisciplinary branch of computer science and engineering. Robotics involves the design, construction, operation, and use of robots. The goal of robotics is to design machines that can help and assist humans. Robotics integrates fields of mechanical engineering, electrical engineering, information engineering, mechatronics engineering, electronics, biomedical engineering, computer engineering, control systems engineering,…
WELLINGTON, NEW ZEALAND: KiwiSaver provider, Booster Investment Management Limited, is kicking off the first NZX listing of 2022, with the launch of its new retail investment fund, the Booster Innovation Fund (BIF). The investment fund is the very first of its kind listed on the NZX (on 2 March), providing Kiwis with direct access…