Samsung Electronics Co. in the present day introduced that it’s growing its stake in Rainbow Robotics to 35% to speed up the event of robots corresponding to humanoids. Samsung first acquired a 14.7% stake in its fellow South Korean firm for KRW 86.8 billion ($59 million U.S.).
By exercising a name possibility to extend its stake, Samsung Electronics would be the largest shareholder in Rainbow Robotics, which will likely be integrated as a subsidiary beneath Samsung’s consolidated monetary statements.
The firm stated the mix of Rainbow’s robotics know-how with Samsung’s synthetic intelligence and software program will “speed up the event of clever superior humanoids.”
Researchers from the Korea Superior Institute of Science & Know-how’s (KAIST) Humanoid Robotic Analysis Heart based Rainbow Robotics in 2011. They’d developed Hubo, a bipedal robotic that received the $2 million first-place prize within the Protection Superior Analysis Tasks Company (DARPA) Robotics Problem Finals in 2015.
Extra just lately, Rainbow in 2023 opened a department workplace in Schaumburg, Unwell., to market its collaborative robots within the U.S.
In February 2024, the firm partnered with Schaeffler Group and the Korea Electronics Know-how Institute (KETI) to develop cellular manipulators. In April, Rainbow Robotics rolled out the RB-Y1 wheeled, two-armed system, becoming a member of its lineup of service robots.
Samsung and Rainbow pursue robotics synergy
Samsung Electronics stated it can type a synergy council with Rainbow Robotics to strengthen its world management in superior robotics. It stated it expects the council to function a bridge and foster the expansion of each firms by figuring out and assessing market demand, creating core enterprise methods, and creating applied sciences.
As well as, Samsung plans to make use of Rainbow Robotics’ RB cobots, dual-arm cellular manipulator, and autonomous cellular robots (AMRs) to automate manufacturing and logistics duties. The corporate stated that AI algorithms may also help these robots to study and analyze situational knowledge and environmental variables.
Samsung’s world gross sales infrastructure can even enable Rainbow Robotics to actively enter abroad markets, it famous. Samsung has additionally invested in robotics startups corresponding to humanoid developer 1X Applied sciences and cobot maker Commonplace Bots.
Future Robotics Workplace to report back to the CEO
Samsung additionally established a Future Robotics Workplace reporting on to its CEO. The brand new workplace will concentrate on creating new robots together with humanoids, as Samsung hopes to be aggressive on this rising house.
Dr. Jun-Ho Oh, a co-founder of Rainbow Robotics and honorary professor at KAIST, will function an advisor to Samsung and head of the Future Robotics Workplace after retiring from Rainbow. He’ll present robotics know-how and enterprise experience to Samsung’s future robotic improvement from his in depth expertise in industry-academia collaboration.
Different latest partnerships round humanoid robots embody Apptronik and Google DeepMind, Determine AI and OpenAI, Realbotix with Amazon Net Companies and Compass UOL, Schaeffler and Agility Robotics, and Boston Dynamics and the Toyota Analysis Institute.
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