Nexus Robotics Receives $2.6 Million in Grant Funding From Sustainable Development Technology Canada
July 8, 2022 | PR NewswireEstimated reading time: 1 minute
We are very pleased to announce that Nexus Robotics Inc. was just awarded $2.6M in grant funding from Sustainable Development Technology Canada (SDTC), which will be used to create the next generation of our robots and continue to develop intensively to provide farmers with even more environmentally-friendly benefits, and bring a truly revolutionary product to the agro technology market worldwide. "This grant not only confirms our technology advancement and the potential of our business model, it also confirms our ESG status and ensures our capacity to pursue our R&D roadmap," says Luc Labbé, CEO.
Using a very unique combination of articulated arms, Artificial Intelligence and advanced algorithms to remove weeds and treat diseased plants, Nexus Robotics' self-driving robots help increase crop yield. In measurable terms, a single Nexus robot can help reduce herbicide and fungicide application by 50%, and allows for better use of manual labor by replacing up to five people in the weeding-related tasks.
At this time, we are rolling out the second generation of Nexus Robotics field robots in Canadian fields for the summer, all of which will be moving to California later this year to allow for a continuous improvement of the AI software powering the machines over the winter months. Nexus Robotics will attend and showcase its robot at the 2022 FIRA-USA convention in Fresno, CA from October 18th to 20th, 2022.
Suggested Items
Keynote Preview: Reshaping our Engagement With the World
03/28/2024 | Shawn DuBravac, IPCThe widespread integration of AI across various sectors is broadening its impact, from revolutionizing healthcare with Smart solutions to transforming homes into intuitive spaces, highlighting its crucial role in boosting efficiency and addressing complex challenges. In healthcare, we're witnessing a trend toward personalized care with AI-driven devices like intelligent pillows to mitigate snoring, sophisticated sleep monitors, and innovative patient monitoring systems.
Indium Corporation to Present, Exhibit at EPP InnovationsFORUM
03/28/2024 | Indium CorporationIndium Corporation is set to present and exhibit at EPP InnovationsFORUM, one of Europe’s premier single-day electronics manufacturing forums, on April 17 in Leinfelden-Echterdingen, Germany. Topic areas for 2024 will include AI, automation, sustainability, and quality.
Accenture Invests in Sanctuary AI to Bring AI-Powered, Humanoid Robotics to Work Alongside Humans
03/27/2024 | BUSINESS WIREAccenture has made a strategic investment, through Accenture Ventures, in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely and effectively.
AT&S Well Prepared to Benefit from AI Boom
03/26/2024 | AT&SThe rapid progress in the development of artificial intelligence promises to revolutionize all areas of daily life in the coming years. In order to operate such AI systems, an enormous amount of computing power is required, which is provided by a vast network of data centres.
The IMAPS Show: A Conversation with John Andresakis
03/26/2024 | Marcy LaRont, PCB007 MagazineOn the last day of the IMAPS Device Packaging Conference, Marcy LaRont sat down with industry veteran John Andresakis of Quantic Ohmega, who attended the conference this week. Not his first time at this event, he talked about the conference, advanced technology, and trying to get the word out about the advanced packaging substrates solution Quantic is offering.