Robust.AI Partners With Foxconn to Accelerate and Scale Manufacturing of Carter Warehouse Automation Robots
To help meet increasing international customer demand faster and cost effectively
SAN FRANCISCO & TAIPEI, Taiwan, May 16, 2025--(BUSINESS WIRE)--Robust.AI, a leader in AI-driven warehouse automation, today announced a strategic manufacturing partnership with Hon Hai Technology Group ("Foxconn") (TWSE:2317), the world's largest electronics manufacturing services provider, to expand production of its flagship Carter™ multi-function collaborative robotics platform. The partnership will enable Robust.AI to rapidly fulfill increasing demand from its growing international customer base and strengthen the resilience of its supply chain and manufacturing operations.
According to a recent Global Market Insights report, the warehouse automation market is forecasted to grow from $26.5 billion in 2024 to $115.8 billion by 2034 – a CAGR of 15.9%. However, 80% of warehouses lack any automation – not even a conveyor belt according to ResearchandMarkets. While AI is poised to create efficiencies in many industries, labor-intensive jobs in logistics and manufacturing require improvements in both physical capabilities and digital intelligence.
Designed to augment existing warehouse operations and workforce, Carter's drop-in automation capabilities help global manufacturing and logistics providers achieve significant productivity gains. Its collaborative, software-defined functionality allows facilities to dynamically switch functions between fulfillment picking, point-to-point transport, or a mobile sorting wall. This unprecedented flexibility enables customers to easily adapt to changing needs and workflows without additional infrastructure costs. Robust.AI recently announced that its Carter fleet deployment at a DHL Supply Chain facility in Las Vegas, NV, delivered more than 60% productivity gains to existing picking operations within weeks of implementation.
"As shifting supply chains and international tariffs add complexity and costs to global logistics operations, our strategic manufacturing partnership with Foxconn will enable us to rapidly fulfill orders for Carter robots, which are delivering improved productivity and efficiency to some of the world's largest logistics and manufacturing companies," said Anthony Jules, CEO of Robust.AI. "Foxconn's unparalleled global manufacturing capabilities make it one of the most trusted partners for advanced manufacturing in the world. Our combined robotics expertise will help multinational companies rapidly and cost-effectively streamline their logistics and warehousing operations and augment existing workforces with collaborative robotic automation solutions."
"Foxconn is pleased to expand its manufacturing partnership with Robust.AI and help accelerate and scale the production of its innovative Carter robotics platform worldwide," said Bob Deng, EVP at Foxconn. "Our close collaboration at the onset of Carter's development has contributed to the maturity, scalability and reliability of the platform and its manufacturing processes, allowing customers to confidently invest in Robust.AI's unique warehouse automation solution and see immediate improvement in their warehousing and logistics capabilities."
As part of its "3+3" development strategy, Foxconn has been building a diverse range of robots tailored to different application scenarios, and has even gone further to assist customers in manufacturing their own robotic products. The partnership with Robust.AI marks another milestone for Foxconn in the robotics industry.
Over the past few months, Foxconn engineers have been working closely with Robust.AI, training and helping build Carter robots in the U.S., which will greatly decrease production and deployment times as manufacturing scales.
About Robust.AI
Robust.AI is founded and led by a world-class robotics team. We bring AI, robotics, and human-centered design together to make robots broadly useful, effortless to adopt, and delightful to use. For more information, visit www.robust.ai.
About Foxconn
Established in 1974 in Taiwan, Hon Hai Technology Group ("Foxconn") (TWSE:2317) is the world's largest electronics manufacturer and leading technological solutions provider, ranking 32nd among the Fortune Global 500. In 2024, revenue totaled TWD6.86 trillion (approx. USD208 billion). The Group's market share in electronics manufacturing services (EMS) exceeds 40%. The Group operates over 230 campuses across 24 countries and is one of the world's largest employers with approx. 900,000 employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – next-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practice model for global enterprises. To learn more, visit www.honhai.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20250515789852/en/
Contacts
Angela Pontarolorobustai@sparkpr.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
4 hours ago
- New York Post
Gen Z debate over work-life balance lights up TikTok
A millennial CEO called out Gen Z's work ethic — and got flamed for it. Lindsey Carter, founder of activewear company Set Active, said she wasn't prepared for the backlash she faced after critiquing Gen Z's take on work-life balance in a now-deleted TikTok video. 'Now all I see are people sprinting out of their offices at 5pm like it's a fire drill and then wondering why they feel so unfulfilled in their careers,' Carter posted last week. 6 In a now-deleted TikTok, Set Active founder Lindsey Carter told viewers to 'stay late' if they want to succeed — a hot take that quickly lit up the internet with backlash. Obtained by the New York Post 'Balance is important, but balance without ambition. That's just coasting,' Carter continued. 'You don't build something great by just doing the bare minimum.' The backlash was fast — and furious. Critics slammed Carter, suggesting she was promoting unpaid work and ignoring burnout. 'Staying past 5pm working for a company I have no equity in doesn't sound like the path to fulfillment, ' one TikToker responded. 'How can I be active if I have to be strapped to my desk after 5pm?' another wrote. 6 TikTok users did not like Carter's take and accused Set Active of promoting a hustle-first mentality. Obtained by the New York Post Carter quickly deleted the post — then blasted her critics on her Instagram story and claimed she'd been cancelled. 'What followed wasn't dialogue. It was a pile-on,' Carter wrote. 'It doesn't leave room for the thing we all say we believe in . . . growth.' She didn't stop there. 6 Carter quickly deleted her TikTok post — then dismissed the criticism, claiming it was 'cancel culture.' Lindsey Carter/ Instagram 'I'm a millennial. I grew up in a culture where 'hard work pays off' wasn't just a phrase . . . it was a promise,' Carter said in a May 30 Substack essay defending her position. 'Two truths can coexist . . . we can honor ambition and protect our peace.' But for many online, that didn't cut it. Haters noted Set Active's negative Glassdoor reviews and Carter's 2023 decision to restructure her social media team, which some interpreted as layoffs. 6 Haters pointed to Set Active's negative Glassdoor reviews and Carter's 2023 decision to restructure her social media team, which some interpreted as layoffs. Helayne Seidman 'She just had a bad take and is out of touch,' one Reddit user wrote. 'That's consequences, not cancellation.' The controversy has since evolved into a larger debate over what ambition should look like in today's workforce and whether Gen Z is lazy — or simply redefining success on their own terms. Younger workers are no longer buying into the hustle mindset pushed by older generations, said Gabrielle Judge, an influencer known as the 'anti work girlboss.' 6 Lindsey Carter's take on work-life balance is 'out of touch,' her critics said on Reddit, accusing her of pushing a tired, toxic narrative in a wave of viral backlash across social media. Obtained by the New York Post 'Gen Z isn't unambitious,' Judge told The Post. 'We're just done sacrificing our mental health for companies that reward burnout with pizza parties. 'Logging off at 5 isn't laziness. It's a boundary.' Career strategist J.T. O'Donnell, founder of Work It Daily, said she understands both sides. Rather than trading hours for pay, younger workers are more focused on leveraging skills and knowledge in a changing economy. 'Working long hours is less productive,' said Celeste Headlee, author of 'Do Nothing: How to Break Away from Overworking, Overdoing, and Underliving.' 'I'm not irritated that Lindsey used the word 'coasting,' I have great empathy for her. She is still gripped by the delusion that work is what gives her life purpose and value.' 6 Lindsey Carter struck a nerve online after suggesting the 5 p.m. clock-out culture signals a lack of ambition — and the internet had receipts. Lindsey Carter/ Instagram Studies show Gen Z is noticeably less focused on work than young people were just five years ago, said psychologist Jean Twenge, author of 'Generations: The Real Differences between Gen Z, Millennials, Gen X, Boomers and Silents — and What They Mean for America's Future.' 'It's a rejection of the idea that work is the most important thing in life,' Twenge said.
Yahoo
19 hours ago
- Yahoo
Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA
All amounts in Canadian dollars unless specified otherwise SASKATOON, Saskatchewan, June 06, 2025--(BUSINESS WIRE)--Cameco (TSX: CCO; NYSE: CCJ) reports an expected increase of approximately $170 million (US) in our 49% equity share of Westinghouse Electric Company's (Westinghouse) 2025 second quarter and annual adjusted EBITDA. The expected increase is tied to Westinghouse's participation in the construction project for two nuclear reactors at the Dukovany power plant in the Czech Republic. This expected increase will be taken into consideration in determining the 2025 distribution payable by Westinghouse to Cameco. In addition to the increase in adjusted EBITDA in 2025, we expect significant financial benefits for Westinghouse, as a subcontractor, over the term of the Dukovany construction project and related to the provision of the fuel fabrication services required for both reactors for a specified period. The outlook for Westinghouse's compound annual growth rate for adjusted EBITDA remains 6% to 10% over the next five years, excluding the impact of the expected $170 million (US) increase in its 2025 adjusted EBITDA. Cameco owns a 49% interest in Westinghouse and its partner, Brookfield Renewable Partners, owns the remaining 51%. Caution about forward-looking informationThis news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include our expectations regarding: Westinghouse's participation in the Dukovany power plant construction project; an increase in Westinghouse's adjusted EBITDA; Westinghouse taking this increase into consideration in determining the 2025 distribution payable to Cameco; the financial benefits for Westinghouse, as subcontractor, over the term of the Dukovany construction project and the expected future growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Material risks that could lead to different results include the risk that Westinghouse is not able to participate in the Dukovany construction project on a basis that achieves the currently expected benefits to Westinghouse for any reason, or that Cameco may not derive the expected increases in its share of Westinghouse's adjusted EBITDA, or that Westinghouse does not achieve the expected future annual growth in adjusted EBITDA. In presenting the forward-looking information, we have made material assumptions which may prove incorrect about Westinghouse's participation in the Dukovany construction project and related potential benefits to Westinghouse, and continuing growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Non-IFRS MeasuresAdjusted EBITDA is a measure that does not have a standardized meaning or a consistent basis of calculation under International Financial Reporting Standards (a non-IFRS measure). Westinghouse's adjusted EBITDA is defined as its net income, adjusted for the impact of certain expenses, costs, charges or benefits incurred in such period which are either not indicative of underlying business performance or that impact the ability to assess the operating performance of its business. For more information regarding our use of this non-IFRS measure see our most recent annual and quarterly Management's Discussion and Analysis. ProfileCameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world's largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan, Canada. As used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated. View source version on Contacts Investor inquiries Cory Kos 306-716-6782 cory_kos@ Media inquiries Veronica Baker 306-385-5541 veronica_baker@ Sign in to access your portfolio
Yahoo
19 hours ago
- Yahoo
Cameco Reports Expected Increase in Its Share of Westinghouse 2025 Adjusted EBITDA
All amounts in Canadian dollars unless specified otherwise SASKATOON, Saskatchewan, June 06, 2025--(BUSINESS WIRE)--Cameco (TSX: CCO; NYSE: CCJ) reports an expected increase of approximately $170 million (US) in our 49% equity share of Westinghouse Electric Company's (Westinghouse) 2025 second quarter and annual adjusted EBITDA. The expected increase is tied to Westinghouse's participation in the construction project for two nuclear reactors at the Dukovany power plant in the Czech Republic. This expected increase will be taken into consideration in determining the 2025 distribution payable by Westinghouse to Cameco. In addition to the increase in adjusted EBITDA in 2025, we expect significant financial benefits for Westinghouse, as a subcontractor, over the term of the Dukovany construction project and related to the provision of the fuel fabrication services required for both reactors for a specified period. The outlook for Westinghouse's compound annual growth rate for adjusted EBITDA remains 6% to 10% over the next five years, excluding the impact of the expected $170 million (US) increase in its 2025 adjusted EBITDA. Cameco owns a 49% interest in Westinghouse and its partner, Brookfield Renewable Partners, owns the remaining 51%. Caution about forward-looking informationThis news release includes statements and information about our expectations for the future, which we refer to as forward-looking information. Forward-looking information is based on our current views, which can change significantly, and actual results and events may be significantly different from what we currently expect. Examples of forward-looking information in this news release include our expectations regarding: Westinghouse's participation in the Dukovany power plant construction project; an increase in Westinghouse's adjusted EBITDA; Westinghouse taking this increase into consideration in determining the 2025 distribution payable to Cameco; the financial benefits for Westinghouse, as subcontractor, over the term of the Dukovany construction project and the expected future growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Material risks that could lead to different results include the risk that Westinghouse is not able to participate in the Dukovany construction project on a basis that achieves the currently expected benefits to Westinghouse for any reason, or that Cameco may not derive the expected increases in its share of Westinghouse's adjusted EBITDA, or that Westinghouse does not achieve the expected future annual growth in adjusted EBITDA. In presenting the forward-looking information, we have made material assumptions which may prove incorrect about Westinghouse's participation in the Dukovany construction project and related potential benefits to Westinghouse, and continuing growth in Westinghouse's compound annual growth rate for adjusted EBITDA. Non-IFRS MeasuresAdjusted EBITDA is a measure that does not have a standardized meaning or a consistent basis of calculation under International Financial Reporting Standards (a non-IFRS measure). Westinghouse's adjusted EBITDA is defined as its net income, adjusted for the impact of certain expenses, costs, charges or benefits incurred in such period which are either not indicative of underlying business performance or that impact the ability to assess the operating performance of its business. For more information regarding our use of this non-IFRS measure see our most recent annual and quarterly Management's Discussion and Analysis. ProfileCameco is one of the largest global providers of the uranium fuel needed to power a secure energy future. Our competitive position is based on our controlling ownership of the world's largest high-grade reserves and low-cost operations, as well as significant investments across the nuclear fuel cycle, including ownership interests in Westinghouse Electric Company and Global Laser Enrichment. Utilities around the world rely on Cameco to provide global nuclear fuel solutions for the generation of safe, reliable, carbon-free nuclear power. Our shares trade on the Toronto and New York stock exchanges. Our head office is in Saskatoon, Saskatchewan, Canada. As used in this news release, the terms we, us, our, the Company and Cameco mean Cameco Corporation and its subsidiaries unless otherwise indicated. View source version on Contacts Investor inquiries Cory Kos 306-716-6782 cory_kos@ Media inquiries Veronica Baker 306-385-5541 veronica_baker@
