Samsung increases stake in Rainbow Robotics, establishes Future Robotics Office

The RB-Y1 dual-armed mobile manipulator was introduced this year. Resource: Rainbow Robotics

Samsung Electronic devices Co. today introduced that it is raising its risk in Rainbow Robotics to 35% to increase the growth of robotics such as humanoids. Samsung initially obtained a 14.7% risk in its other South Oriental firm for KRW 86.8 billion ($ 59 million united state).

By working out a phone call alternative to boost its risk, Samsung Electronic devices will certainly be the biggest investor in Rainbow Robotics, which will certainly be included as a subsidiary under Samsung’s combined economic declarations.

The company claimed the mix of Rainbow’s robotics innovation with Samsung’s expert system and software application will certainly “increase the growth of smart sophisticated humanoids.”

Scientists from the Korea Advanced Institute of Scientific research & Innovation’s (KAIST) Humanoid Robotic Proving ground started Rainbow Robotics in 2011. They had actually created Hubo, a bipedal robotic that won the $2 million first-place prize in the Protection Advanced Research Study Projects Firm (DARPA) Robotics Obstacle Finals in 2015.

Much more just recently, Rainbow in 2023 opened a branch workplace in Schaumburg, Ill., to market its collaborative robots in the UNITED STATE

In February 2024, the company partnered with Schaeffler Group and the Korea Electronic Devices Innovation Institute (KETI) to establishmobile manipulators In April, Rainbow Robotics rolled out the RB-Y1 rolled, two-armed system, joining its schedule of solution robotics.

Samsung and Rainbow seek robotics harmony

Samsung Electronic devices claimed it will certainly develop a harmony council with Rainbow Robotics to reinforce its worldwide management in sophisticated robotics. It claimed it anticipates the council to work as a bridge and promote the development of both firms by recognizing and evaluating market need, developing core organization approaches, and establishing modern technologies.

On top of that, Samsung intends to utilize Rainbow Robotics’ RB cobots, dual-arm mobile manipulator, and self-governing mobile robotics (AMRs) to automate production and logistics jobs. The firm claimed that AI formulas can aid these robotics to find out and evaluate situational information and ecological variables.

Samsung’s worldwide sales facilities will certainly likewise permit Rainbow Robotics to proactively go into abroad markets, it kept in mind. Samsung has actually likewise bought robotics start-ups such as humanoid programmer 1X Technologies and cobot manufacturer Standard Bots.

Future Robotics Workplace to report to the chief executive officer

Samsung likewise developed a Future Robotics Workplace reporting straight to its chief executive officer. The brand-new workplace will certainly concentrate on establishing brand-new robotics consisting of humanoids, as Samsung wants to be affordable in this arising room.

Dr. Jun-Ho Oh, a founder of Rainbow Robotics and honorary teacher at KAIST, will certainly work as a consultant to Samsung and head of the Future Robotics Workplace after relinquishing Rainbow. He will certainly supply robotics innovation and organization competence to Samsung’s future robotic growth from his comprehensive experience in industry-academia cooperation.

Various other current collaborations around humanoid robotics consist of Apptronik and Google DeepMind, Figure AI and OpenAI, Realbotix with Amazon Web Services and Compass UOL, Schaeffler and Dexterity Robotics, and Boston Dynamics and the Toyota Research Institute.

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The message Samsung increases stake in Rainbow Robotics, establishes Future Robotics Office showed up initially on The Robot Report.