Latest news with #autonomousSystems
Reuters
2 days ago
- Business
- Reuters
Australian AI startup granted AUKUS exemption for autonomous vessel software
SYDNEY, July 16 (Reuters) - An Australian AI startup developing software for crewless boats said it has been granted one of the first AUKUS exemption licences by the Australian government, allowing it to share information with defence contractors in the U.S. and Britain. Defence officials have said Australia will rely more on autonomous systems to protect its vast coastline and up to 1.2 million square miles (3.1 million sq km) of northern ocean, even as it spends billions on nuclear-powered submarines. Australia, the United States and Britain removed significant barriers on defence trade in August through an exemption to the U.S. International Trafficking in Arms Regulations, designed to speed up construction of nuclear-powered submarines under the Australia-UK-US (AUKUS) pact. The co-founder of the Greenroom Robotics startup, former Royal Australian Navy engineer Harry Hubbert, told Reuters the licence exemption will also speed up the company's collaboration on autonomous vessel trials with defence companies in Britain and the United States. Greenroom's software acts like "the brain of a vessel", he said, emulating what a helmsman or navigator would do by talking to the rudder, engine and radar systems on board. Trials of the software have been conducted on boats ranging from a one-metre long research vessel to an offshore patrol boat, he said. Greenroom has a partnership with navy shipbuilder Austal Australia ( opens new tab and has also worked with British company Subsea Craft on a tactical water vessel, Hubbert said. Greenroom's software is dual-use, and can also be applied to help vessels monitor for whales, he added. "The opportunity with AUKUS is that we can enter U.S. and UK markets but also expand the horizon," he said. With around 80% of the ocean floor uncharted to modern standards, autonomous vessels can gather information that helps ocean research, national security needs and sea-borne trade, he said.
Yahoo
3 days ago
- Business
- Yahoo
Australian AI startup granted AUKUS exemption for autonomous vessel software
By Kirsty Needham SYDNEY (Reuters) -An Australian AI startup developing software for crewless boats said it has been granted one of the first AUKUS exemption licences by the Australian government, allowing it to share information with defence contractors in the U.S. and Britain. Defence officials have said Australia will rely more on autonomous systems to protect its vast coastline and up to 1.2 million square miles (3.1 million sq km) of northern ocean, even as it spends billions on nuclear-powered submarines. Australia, the United States and Britain removed significant barriers on defence trade in August through an exemption to the U.S. International Trafficking in Arms Regulations, designed to speed up construction of nuclear-powered submarines under the Australia-UK-US (AUKUS) pact. The co-founder of the Greenroom Robotics startup, former Royal Australian Navy engineer Harry Hubbert, told Reuters the licence exemption will also speed up the company's collaboration on autonomous vessel trials with defence companies in Britain and the United States. Greenroom's software acts like "the brain of a vessel", he said, emulating what a helmsman or navigator would do by talking to the rudder, engine and radar systems on board. Trials of the software have been conducted on boats ranging from a one-metre long research vessel to an offshore patrol boat, he said. Greenroom has a partnership with navy shipbuilder Austal Australia and has also worked with British company Subsea Craft on a tactical water vessel, Hubbert said. Greenroom's software is dual-use, and can also be applied to help vessels monitor for whales, he added. "The opportunity with AUKUS is that we can enter U.S. and UK markets but also expand the horizon," he said. With around 80% of the ocean floor uncharted to modern standards, autonomous vessels can gather information that helps ocean research, national security needs and sea-borne trade, he said.
Yahoo
3 days ago
- Business
- Yahoo
Australian AI startup granted AUKUS exemption for autonomous vessel software
By Kirsty Needham SYDNEY (Reuters) -An Australian AI startup developing software for crewless boats said it has been granted one of the first AUKUS exemption licences by the Australian government, allowing it to share information with defence contractors in the U.S. and Britain. Defence officials have said Australia will rely more on autonomous systems to protect its vast coastline and up to 1.2 million square miles (3.1 million sq km) of northern ocean, even as it spends billions on nuclear-powered submarines. Australia, the United States and Britain removed significant barriers on defence trade in August through an exemption to the U.S. International Trafficking in Arms Regulations, designed to speed up construction of nuclear-powered submarines under the Australia-UK-US (AUKUS) pact. The co-founder of the Greenroom Robotics startup, former Royal Australian Navy engineer Harry Hubbert, told Reuters the licence exemption will also speed up the company's collaboration on autonomous vessel trials with defence companies in Britain and the United States. Greenroom's software acts like "the brain of a vessel", he said, emulating what a helmsman or navigator would do by talking to the rudder, engine and radar systems on board. Trials of the software have been conducted on boats ranging from a one-metre long research vessel to an offshore patrol boat, he said. Greenroom has a partnership with navy shipbuilder Austal Australia and has also worked with British company Subsea Craft on a tactical water vessel, Hubbert said. Greenroom's software is dual-use, and can also be applied to help vessels monitor for whales, he added. "The opportunity with AUKUS is that we can enter U.S. and UK markets but also expand the horizon," he said. With around 80% of the ocean floor uncharted to modern standards, autonomous vessels can gather information that helps ocean research, national security needs and sea-borne trade, he said.
Yahoo
3 days ago
- Business
- Yahoo
Australian AI startup granted AUKUS exemption for autonomous vessel software
By Kirsty Needham SYDNEY (Reuters) -An Australian AI startup developing software for crewless boats said it has been granted one of the first AUKUS exemption licences by the Australian government, allowing it to share information with defence contractors in the U.S. and Britain. Defence officials have said Australia will rely more on autonomous systems to protect its vast coastline and up to 1.2 million square miles (3.1 million sq km) of northern ocean, even as it spends billions on nuclear-powered submarines. Australia, the United States and Britain removed significant barriers on defence trade in August through an exemption to the U.S. International Trafficking in Arms Regulations, designed to speed up construction of nuclear-powered submarines under the Australia-UK-US (AUKUS) pact. The co-founder of the Greenroom Robotics startup, former Royal Australian Navy engineer Harry Hubbert, told Reuters the licence exemption will also speed up the company's collaboration on autonomous vessel trials with defence companies in Britain and the United States. Greenroom's software acts like "the brain of a vessel", he said, emulating what a helmsman or navigator would do by talking to the rudder, engine and radar systems on board. Trials of the software have been conducted on boats ranging from a one-metre long research vessel to an offshore patrol boat, he said. Greenroom has a partnership with navy shipbuilder Austal Australia and has also worked with British company Subsea Craft on a tactical water vessel, Hubbert said. Greenroom's software is dual-use, and can also be applied to help vessels monitor for whales, he added. "The opportunity with AUKUS is that we can enter U.S. and UK markets but also expand the horizon," he said. With around 80% of the ocean floor uncharted to modern standards, autonomous vessels can gather information that helps ocean research, national security needs and sea-borne trade, he said.
Yahoo
09-07-2025
- Business
- Yahoo
Commercial Space Ventures Spur Demand, Lunar and Mars Exploration Fuels Surge in Autonomous Robotic Development
The Global Space Robotics Market, valued at USD 6.6 billion in 2025, is projected to reach USD 13.2 billion by 2034, growing at a CAGR of 8.1%. The market is driven by increased demand for AI-integrated autonomous systems crucial for satellite servicing, deep-space exploration, and space tourism, amid rising commercial space ventures and sustainability efforts. Space Robotics Market Dublin, July 09, 2025 (GLOBE NEWSWIRE) -- The "Space Robotics Market Outlook 2025-2034: Market Share, and Growth Analysis By Solution, By Application, By End-User" has been added to offering. The space robotics market is projected to double in value from USD 6.6 billion in 2025 to USD 13.2 billion by 2034, driven by a CAGR of 8.1%. It is a critical component of space exploration, satellite servicing, and deep-space missions. Space robotics encompasses technologies capable of autonomous or remote operations, assisting in satellite repairs, space debris removal, and robotic exploration of distant planets and moons. These advanced systems withstand harsh space conditions and have traditionally been employed in space stations for tasks like robotic arm operations. As the space industry expands commercially and endeavors to explore the Moon, Mars, and beyond, the demand for sophisticated robotic systems will accelerate. These robots are pivotal for satellite deployment, maintenance, and the creation of space-based infrastructure, such as lunar bases and asteroid mining operations. Investment in autonomous systems aims to reduce human involvement while boosting mission capabilities and safety. In 2024, the market witnessed significant growth, fueled by autonomous robotic systems for satellite servicing and exploration. Key contributions came from NASA's Artemis program and other interplanetary missions. Commercial entities like Astrobotic and SpaceX are increasing their focus on lunar missions, deploying autonomous robots for resource extraction and infrastructure construction. Notably, companies like Astroscale made strides in debris-removal technology, demonstrating the capability of autonomous space cleanup. AI-driven systems have become integral to space robotics, enabling robots to process real-time data and make decisions independently. This innovation signifies a vital year for space robotics, emphasizing future space exploration, sustainability, and commercialization. Autonomous systems were spotlighted, with rising investments in robotics startups and collaborations aiming to develop adaptable and functional robotic platforms. Looking forward, technological advancements and increased mission complexity are expected to propel the space robotics market rapidly, with a focus on AI and machine learning integration. As automation lessens the reliance on human crews, robotics will be instrumental in constructing off-Earth infrastructure, including lunar bases and space hotels, and facilitating interplanetary travel. Autonomous robots will partake in deep-space exploration, scientific research, and resource mining with minimal human oversight. The burgeoning sector of space tourism will also witness increased robotic application, aiding crew and passenger operations. Space debris removal remains crucial as satellite constellations proliferate, raising debris risk. As missions to the Moon and Mars advance, space robotics will be fundamental for infrastructure maintenance and long-duration human missions. However, challenges such as cost, regulatory frameworks, and system reliability must be navigated for widespread market adoption. Space Robotics Market Analytics The research evaluates direct and indirect forces impacting market supply and demand. Comprehensive analyses offer insights into the supply chain and potential market conditions. Recent developments and geopolitical, demographic, and Porter's five forces analyses are considered for market projections. Insights into recent deals explore their potential impacts. The analysis covers competitive elements, trade dynamics, price trends, and global market scenarios for strategic planning. Space Robotics Market Competitive Intelligence Company profiles, SWOT analyses, and strategic insights into top players and products are crucial to understanding the competitive landscape. New launches, investments, partnerships, and other developments keep clients informed about market trends. Key Insights into the Space Robotics Market Integration of AI and machine learning enables autonomous decision-making and real-time data processing. Increasing demand for satellite servicing robots, focusing on refueling, maintenance, and repair for sustainability. Robotics is central to lunar and Mars exploration, supporting autonomous rovers, miners, and habitat construction. Expansion of commercial space ventures, including space tourism, with robotic applications in passenger and crew support. Focus on developing space debris removal technology addressing orbital debris challenges. Advanced robotics meets the growing needs of satellite deployments, lunar explorations, and Mars missions. Commercial space activities drive demand for versatile robotic solutions to support human and machine operations. Advancements in AI and robotics enhance the efficiency and intelligence of space robots. Space sustainability efforts highlight the need for space debris removal and advanced robotics to maintain Earth's orbits. Challenges such as high development costs, testing periods, and operational complexities hinder rapid market scalability. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $6.6 Billion Forecasted Market Value (USD) by 2034 $13.2 Billion Compound Annual Growth Rate 8.1% Regions Covered Global Space Robotics Market Segmentation By Solution: Remote Manipulator System, Software, Services By Application: Near Space, Ground By End-User: Government By Geography: North America, Europe, Asia-Pacific, Middle East and Africa, South and Central America Companies Featured Northrop Grumman Corporation Altius Space Machines Inc. Astrobotic Technology Inc. Honeybee Robotics Ltd. Maxar Technologies Inc. Motiv Space Systems Inc. Oceaneering International Inc. Olis Robotics Intuitive Machines LLC Effective Space Solutions Ltd. Stinger Ghaffarian Technologies Inc. (SGT) GITAI Inc. Ispace Inc. Lockheed Martin Corporation Anduril Industries Inc. Seoul Robotics Starship Technologies Voliro Airborne Robotics Company Attabotics ABB Ltd. NVIDIA Corporation Boston Dynamics Diligent Robotics Nuro Inc. iRobot Corporation Vecna Robotics Inc. Blue Origin LLC Boeing Company Space Exploration Technologies Corp. (SpaceX) Virgin Galactic Rocket Lab Inc. Firefly Aerospace IHI Corporation For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Space Robotics Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
