href=”https://www.rethinkrobotics.com/”>Rethink Robotics is shutting down. Rethink developed collaborative robots.
Rethink was trying to sell itself but the deal fell through and the robotics firm has to shut down.
Danish firm Universal Robots has 60% of the collaborative robotics market.
The new collaborative robot platform is intended to enable faster development for a wider variety of applications than the standard line.
Global sales of collaborative robots have been rising quickly. The market is expected to reach $13 billion by 2025 and become one-third of all industrial robot sales by 2025.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.