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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	5/8/2018 9:54:49 AM
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Robots with soft hands will transform the world. Here's why. Soft Robotics, a Cambridge-based robotics firm founded in 2013, just raised $20 million in an oversubscribed private equity round. Aptly named, the company makes soft, dexterous grippers for industrial robots. Seems niche, right? But Soft Robotics is one of a number of companies and grad labs around the world racing to give the current generation of industrial robots a feature that's been tantalizingly out of reach: Human-like dexterity and the ability to grasp and manipulate delicate items. When that happens, the real robot revolution will arrive. Consider the current state of the robotics industry. There are an estimated 1.8 million industrial robots in the world doing everything from welding car chassis to flipping burgers. In the next two years, that figure is expected to explode to 3.1 million units. *Read More - ZDNet*

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