Groundbreaking Moment as a Robot Closes the NY Stock Exchange

Read more on this subject: Robots and Artificial Intelligence
News Story Source: Machine Design
Last Wednesday, Oct. 17, traders on the floor of the New York Stock Exchange (NYSE) were treated to a first-ever experience: A collaborative robot (cobot) rang the day's closing bell. The cobot was Universal Robots' UR5e with a two-finger gripper from Robotiq.

This particular ceremony celebrated the five-year anniversary of ROBO Global, the first-ever robotics, automation, and AI index. Having launched in October 2013, it currently invests into more than 80 companies across the globe, including 12 subsectors ranging from manufacturing to healthcare.

Despite the sudden departure of Rethink Robotics, which was one of the leaders in the cobot market, the cobot industry remains the fastest-growing sector of the industrial automation market. By 2025, the cobot market is expected to grow 34% in sales, according to the International Federation of Robotics.

The UR5e was used to ring the bell with the help of a gripper from Robotiq. 

Universal Robots
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