An American robotics network is being launched. The network is termed the Robotics Virtual Organization (Robotics VO). The formation of the network is sponsored by the National Science Foundation, but has to be self-sufficient by the end of the first year.
A robotic arm has rung the NASDAQ closing bell to honor the launch of ROBO-STOX™ Global Robotics and Automation Index (Bloomberg: ROBO/ROBOTR), the first benchmark index dedicated to this burgeoning industry. "The growing affordability of robotic productivity gains, coupled with expanding technological capabilities, have moved this sector beyond the 'tipping point,' and the adoption of related technologies across multiple industries should continue to accelerate," said Rob Wilson, CEO of ROBO-STOX.