Last week, Rethink Robotics Inc.’s announcement that it had shut down came as a surprise to many people. However, others in the automation industry recognized the company’s struggles as an opportunity to review robot startup lessons.
Boston-based Rethink Robotics sold the Baxter and Sawyer collaborative robot arms. Its cobots were well-known, particularly among researchers, but they apparently failed to find enough customers in manufacturing.
In addition, The Boston Globe reported that the…
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