The global warehouse automation market was worth $19bn in 2021 & predicted to grow to $65bn by 2030. Large warehouses are driving this growth, but what about small & medium-sized ones? turns out, >10% of them are able to adopt robotic automation due to issues of high cost, complexity & long lead times. That’s where UK-based Phinxt (pronounced fin-ext) wants to step in, as the startup aims to allow 90% of SMEs to adopt robotics, by providing a cloud-based “orchestration” platform to make a variety of robots work together (e.g. integrating an AMR with a robotic picking arm). Phinxt wants to differentiate itself from e.g. Wise Robotics (UK) (€n.a.) or Waku Robotics (DE) (€2.5m) via...
France-based, Exotrail was spun out of Polytechique & SATT Paris-Saclay in 2015, by founders Jean-Luc Maria (CEO) (prev. CTO), David Henri (CPO) (prev. CEO), Nicolas Heitz (COO), & Paul Lascombes (Chief Scientist). By 2017, the firm started manufacturing miniaturized electric propulsion systems for nano, micro & small satellites. Today, it is a global reference in “space logistics”, through its mobilityhub™ across 4 products:
spaceware™: “whether you’re looking to deploy a constellation, change the altitude or inclinitation, or perform orbit phasing” Exotrail has developed a family of electric propulsion systems for satellites ranging from 5kg to 1ton. Exotrail managed to miniaturize the Hall-effect thruster multiplying thrust 5-6x (vs other electric propulsion systems) – a key tech advantage....