CORRECTION: Standard Bots Expands Production Facility and Unveils New 30kg Payload Robot
GLEN COVE, N.Y., May 10, 2025 (GLOBE NEWSWIRE) -- Standard Bots, a fast-growing American robotics company, has launched an expanded production facility in Glen Cove, New York, this month. The new 16,000-square-foot factory doubles the size of its previous Long Island location, cementing Standard Bots' status as one of the few companies manufacturing robots at scale in the United States. This expansion aligns with the company's unveiling of a new 30kg payload, 2m reach robot at The Automate Show, showcasing its commitment to advancing automation technology.
'This new facility marks a pivotal moment for Standard Bots as we scale to meet growing demand for American-made robotics,' said Evan Beard, Co-Founder & CEO of Standard Bots. 'We're thrilled to debut both our expanded factory and our latest innovations at Automate.'
At The Automate Show, Standard Bots will demonstrate its in-house-developed physical AI, a groundbreaking technology designed specifically for its robots and powered by the NVIDIA Isaac platform. This AI enables users to teach robots tasks through demonstration, eliminating the need for traditional coding or programming. Then users can annotate and augment their demonstration data through NVIDIA Isaac Sim, a reference application built on NVIDIA Omniverse for rapid deployment. Having undergone extensive private beta testing, this end-to-end model will be released to a broader audience in 2025, promising to simplify automation for thousands of complex processes previously out of reach through conventional robotics. Alongside this, the company will unveil its new 30kg payload, 2m reach robot. This model combines collaborative features—such as a compact footprint, user-friendly programming, and advanced safety—with robust specifications suited for heavy-duty tooling and large workpieces, a combination highly valued across industries like automotive, aerospace, and logistics. Notably, Standard Bots offers this American-built robot at a more competitive price than its rivals, strengthening its market position.
The robotics industry is poised for significant growth, with the International Federation of Robotics reporting that global robot installations in manufacturing rose by 31% in 2022 alone. 'Robotics has been the unlock for the repatriation of manufacturing, but the potential has been hindered by two major barriers: cost and flexibility,' said Quentin Clark, Managing Director of General Catalyst. 'We look forward to supporting Standard Bots and seeing how their technology will open up new possibilities for robotics across American manufacturing.'
Standard Bots invites the public to celebrate this milestone at a grand opening event on June 12 at the new Glen Cove facility. Interested attendees can contact Alex Thesken at [email protected] for more details or to RSVP.
About Standard Bots
Standard Bots is a leading American robot manufacturer dedicated to making robots simple so humans can do more. Headquartered in Glen Cove, NY, Standard Bots designs and assembles industrial robots in the USA that are bolstered by programming software and AI training models developed in-house to provide a robust physical AI platform to the world. The company has received over $63M in funding led by General Catalyst with participation from Amazon Industrial Innovation Fund and Samsung Next.
Standard Bots is building the critical infrastructure for the robotics revolution, empowering every business to shape the future of work.
Media Contact
Alex Thesken
Marketing Manager, Standard Bots
(513) 330-4748
[email protected]
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May's Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump's tariffs would accelerate the pace of price increases. The Consumer Price Index (CPI) increased 0.1% on a monthly basis in May and 2.4% on an annual basis, a slight uptick from April's 2.3% gain. Yahoo Finance's Allie Canal reports: Read more here. I would keep an eye on consumer names off the news of a trade deal with China floated by President Trump this morning (see our prior post below). Seeing upticks premarket in heavily China-exposed retailers such as Nike (NKE), Walmart (WMT), Target (TGT), and Abercrombie & Fitch (ANF). The premarket gains here aren't mind-blowing in part because tariffs appear to still be in place. Trump posted on Truth Social: OUR DEAL WITH CHINA IS DONE, SUBJECT TO FINAL APPROVAL WITH PRESIDENT XI AND ME. FULL MAGNETS, AND ANY NECESSARY RARE EARTHS, WILL BE SUPPLIED, UP FRONT, BY CHINA. LIKEWISE, WE WILL PROVIDE TO CHINA WHAT WAS AGREED TO, INCLUDING CHINESE STUDENTS USING OUR COLLEGES AND UNIVERSITIES (WHICH HAS ALWAYS BEEN GOOD WITH ME!). WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING 10%. RELATIONSHIP IS EXCELLENT! THANK YOU FOR YOUR ATTENTION TO THIS MATTER!" A variety of market observers quickly weighed in hours after Tuesday evening's unveiling to suggest that the deal may not have a lot of meat on the bones — but at least relations are no longer moving in the wrong direction. The talks perhaps underscored how unlikely a comprehensive trade deal is anytime soon, noted AGF Investments Greg Valliere, "but at least relations may not worsen as talks continue throughout the summer." Both sides promised additional talks in the weeks or months ahead, but none have yet been scheduled. Veronique de Rugy, a professor at the Mercatus Center at George Mason University, suggested the talks continued to show China's leverage. "China is hurting, yes—but they still hold the upper hand on critical resources, and they know how to use them." Any lessening of tensions — and freer flow — of these mineral resources in China would be a significant boost to the global economy with China holding outsized leverage in both the reserves and processing capacity of these key building blocks for everything from computers to electric vehicle batteries to medical devices. Likewise, the US offering concessions on export controls would be a significant move after years where successive US administrations have wielded these controls — especially around the design and manufacture of semiconductors — by saying they need to be tight on China for national security reasons. Read more here. May's Consumer Price Index (CPI) report will be released on Wednesday and its expected to show that prices rose a bit faster than in April. Yahoo Finance's Allie Canal breaks down what to look out for and how President Trump's tariffs are impacting what consumers are now paying for goods and services. Read more here. Now that the US-China trade truce is back on track, both sides are keen to ensure it stays that way. China's Vice Premier He Lifeng said both sides need to now 'show the spirit of good faith in abiding by their commitments and jointly safeguard the hard-won results of the dialogue.' Bloomberg News reports: Read more here. Reuters reports: Read more here. Despite the US-China trade truce resuming the pain from President Trump's tariffs remains in China, especially among small exporters. Reuters reports: Read more here. Japan warned Wednesday that tariffs threaten its economic growth, the government said in a monthly report. Reuters reports: Read more here. Reuters reports: Read more here. Reuters reports: Read more here. A federal appeals could said on Tuesday that President Trump's sweeping tariffs can continue for now. This is a significant win for Trump, who introduced tariffs back in March and declared "Liberation Day," as he saw them as a way to free the US from what he called unfair trade practices. Bloomberg News reports: Read more here. Early summer sales for Inditex, the owner of fashion retailer Zara, came in weaker, as the company missed expectations for first quarter sales on Wednesday. President Trump's tariffs have impacted consumer demand in the US and other major markets. Reuters reports: Read more here. After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days of talks in London, including a marathon session on Tuesday. US Commerce Secretary Howard Lutnick said both sides had to "get the negativity out" before making progress. 'Now we can go forward to try to do positive trade, growing trade,' he said. As part of the deal, Beijing has promised to speed up shipments of rare earth metals, a crucial component for global auto and defense industries. Washington will ease export controls. This marks the first sign of movement on key issues. The proposal will now be presented to President Trump and China's Xi. Still, the discussions also did little to resolve a long-standing issue: China's trade surplus with the US. 'Markets will likely welcome the shift from confrontation to coordination,' said Charu Chanana, chief investment strategist at Saxo Markets. 'We're not out of the woods yet — it's up to Trump and Xi to approve and enforce the deal.' The meeting was set up after a phone call between the two leaders, following weeks of each side accusing the other of breaking the Geneva commitments. Both countries had used chips, rare earths, student visas and ethane as bargaining tools. Josef Gregory Mahoney, a professor at East China Normal University, said trust, not money, has been the biggest casualty of the trade war. 'We've heard a lot about frameworks,' he said. 'But the fundamental issue remains: Chips versus rare earths. Everything else is a peacock dance.' Bloomberg reports: Read more here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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