ZURICH—Björn Weichbrodt, who lead the team that developed the first commercially available, all-electric, microprocessor-controlled robot has died at age 76.
Bradford White Corp. is unique among its competitors in two ways. First and foremost is its business model, which prevents the sale of the company’s water heaters directly to consumers or commercial businesses. Heaters are only sold to licensed plumbers at various supply houses to ensure proper and safe water heater installation, and to prevent code violations.
BERLIN—The Fraunhofer Institute for Production Technology and Automation has begun a project aimed at developing a standard software framework for assembly systems that combine people and robots.
BEIJING—Zhejiang province is to invest $82 billion over the next five years to encourage manufacturers to adopt more robots to overcome the short supply and high cost of labor.
NEW YORK—A new exchange-traded fund focusing on robotics and automation companies was launched on the NASDAQ Thursday. The ROBO-STOX Global Robotics and Automation Index ETF (Ticker Symbol: ROBO) closed at $24.94 per share.