“Boston Dynamics is clearly one of the innovators, if not the leading innovator in robotics, for the defence industry,” said MIT’s Humans and Automation Laboratory director and former fighter pilot Missy Cummings. “So much of the innovation could shift to commercial robotic development, and leave the military playing second fiddle.” With Google-owned companies leading the pack at the 2014 Robotics Challenge, is the tech giant now the leader for cutting-edge robotics research instead of organisations such as DARPA? Robotics research: from military to commercial Coming second was IHMC Robotics, which used a Boston Dynamics robot supplied by DARPA. Surely Google will be out to acquire this company next? Well, it won’t be a surprise to learn that Schaft is in fact one of the companies Google bought in 2013. The nuclear disaster at Fukushima in 2011 is just one example of this type of scenario.Ī Japanese tech start-up called Schaft eventually won the challenge with its S-One robot, which scored an impressive 27 out of 32 points. All the tests had the ultimate aim of seeing how robots can respond to civil disasters, especially where there is a significant risk to human life.
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A series of challenges tested each robot’s ability to traverse difficult terrain, climb ladders, open a door, close a valve, and even drive a car. The DARPA Robotics Challenge brought together 16 teams of robot experts at a Nascar racetrack in Florida last December. A team from the Institute’s National Robotics Engineering Center (NREC), headed by Tony Stentz, recently competed in DARPA’s Robotics Challenge and came third with its humanoid robot. Ready to fill that void are organisations such as CMU’s Robotics Institute, which receives nearly $80m in funding per annum to carry out applied research and prototype development for companies and the US Government. If this eventually happens, it will deny the US military, and especially the Defense Advanced Research Projects Agency (DARPA), a key partner in robotics research. There is a high chance Google will not continue existing contracts once they expire, as it says it doesn’t want to be a defence contractor.
“It’s hard not to feel slightly nervous about a robot future.” We don’t know if they’re going to continue DoD work if they do that would be a new thing for Google.” Google as a defence contractor? It’s very difficult to see any kind of pattern and some of them you might think are aligned with Google’s interests and others where the connection is not so easy to make. “There are nine different companies that they’ve purchased, which vary quite a bit. “The Boston Dynamics acquisition is a particularly dramatic case,” said Mason. Matthew Mason, the director of Carnegie Mellon University’s (CMU) acclaimed Robotics Institute in Pennsylvania, says the deal shows Google is ‘excited by the technology’ and wants to be a player in the robotics market. The tech giant’s purchase of eight robotics firms in 2013, and the $3.2bn acquisition of ‘smart appliance’ manufacturer Nest in 2014, would suggest this. Or, with Google’s history of developing advanced artificial intelligence, the company might actually have a serious strategy for incorporating robotics into its business. by GlobalDataĮxecutives may have simply been caught up, like many people, in the robotics hype.
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As a result, global IPOs are expected to hit back this year. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies.
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