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Europe Wants More Robot Money

Good grief, you’d think $100 million dollars was plenty, but not according to European researchers involved in robotics. The say, "Increased funding is essential, …, if Europe is to exploit robotics’ vast economic potential and compete with projects in the United States, Japan, and South Korea."

According to the article, the US spends about $500 million a year on robotics research while Japan and Korea spend about $100 million. In contrast, all of the nations in the EU only spend about $100 million on robotics combined.

The article goes on to speak about the EU’s robotics projects including the Cyberhand project, which I posted about a few days ago and the Hydra project.

So, will they ever catch up?




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