The Rise of Robots -- Already Here, More Are Coming
Provided By PR Newswire
Last update: Dec 5, 2022
NetworkNewsWire Editorial Coverage
NEW YORK, Dec. 5, 2022 /PRNewswire/ -- Although some people may be surprised, today's world is full of robots. While these electro-mechanical devices may not be in the form of a cyborg RoboCop, they're already serving people in countless ways. Industrial robots are a primary application today, with the world becoming accustomed to, and even expecting, life-altering technologies as robots shuttle people around, perform surgeries, keep communities safe, and much more. A global market summary by the International Federation of Robotics showed the robot trend accelerating, with a record 517,000 new industrial robots installed in factories around the world in 2021, up 31% from 2020. A host of innovative companies — including Knightscope, Inc. (NASDAQ: KSCP) (Profile), Velodyne Lidar Inc. (NASDAQ: VLDR), Pacific Gas & Electric Co. (NYSE: PCG), NVIDIA Corporation (NASDAQ: NVDA) and Palantir Technologies Inc. (NYSE: PLTR) — are investing in, developing and deploying leading-edge technology that is proving the value of robots in everyday lives or increasing their long-term potential.
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