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Robotics Innovator Createc to Provide Custom Sensor Integrations for Boston Dynamics Spot

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Createc - Investors King

Createc, a pioneering UK robotics and computer vision company that provides solutions to the civil nuclear, defence, rail, marine, and security sectors from its bases in Cumbria and Oxford in the UK, will serve as a  technical integrator and commercial reseller of Massachusetts-based  Boston Dynamics, a world leader in mobile robots. 

Matt Mellor, CEO of Createc which is the holder of two Queen’s Awards for  Innovation and International Trade, said: “We are very positive about the future for robotics for nuclear decommissioning and collaborating with a company like Boston Dynamics is in line with that vision.

“The opportunity for robots like Spot to do more and to take more people  out of hazardous environments is a very good thing for society.

“Over time we are going to have a lot more robots, and we will have  improved collaboration between human and machine.”

The relationship between the companies came about after Createc had  been introduced to the capabilities of Boston Dynamics robots while  working on research and development projects.

Matt said: “Legged Robots are being increasingly adopted in a range of industrial settings for inspection and intervention; industrial environments are built for people, so robots with legs and arms that mimic the capabilities of people are a great fit.

“We have been using quadruped robotics in our work with Oxford  University’s Robotics Institute for survey and inspections in hazardous environments and looking into ways of removing the need to put human  operators into those situations. As part of that work we have seen what Spot is capable of.”

Createc, formed more than ten years ago, has an impressive track record of commercialisation of its innovative technology, including its pioneering N-Visage® technology which was used in the clean-up following the  Fukushima Daiichi accident in Japan. The company has since gone on to enjoy global success with a range of innovations.

Createc is widely recognised for its success in innovation and problem solving in computer imaging as well as robotics, pioneering some of the latest technology which is being deployed around the world to provide accurate, and readily available, information, such as for the nuclear industry.

Createc applies its thinking and technologies to any problem to find a  solution and takes a flexible approach to applying them – so they can be adapted for a range of industries and a range of situations.

Matt said: “My motivation comes from bringing something completely new to life which results in the world being a better place.

“We look at the way we can do something, not where we can do it. Seeing all the pieces come together and creating this thing which creates  an economic benefit and also has a positive impact on the world is really satisfying.”

Matt sees the relationship with Boston Dynamics as providing Createc with a highly mobile solution through its Spot robot, and he anticipates  Createc can help Boston Dynamics build new application capabilities and commercial opportunities.

Createc has been working with Boston Dynamics’ Spot – a four-legged  agile robot with advanced mobility and perception to navigate stairs, gravel,  and rough terrain while collecting 2D and 3D information with on board sensors, automating some common data collection and inspection tasks.  The company has been using Spot primarily in nuclear decommissioning applications so far but expects to expand to other industrial uses in the  future. .

Matt said: “If you are trying to do things in industrial environments, then robots like  Spot give you a big advantage as they can move around obstacles on the floor, or step over obstacles just like a human would, and in a way which  wheeled vehicles are not able to. It recognises terrain and is able to adjust its movements accordingly.

“Boston Dynamics is developing new levels of autonomy and we see  advantages in collaborating to build new inspection tools and systems  that enable tasks in hazardous environments to be carried out more  safely, more efficiently and more cost effectively.”

Employing almost 30 people in a diverse, agile team of technical experts  from fields such as Computer Vision, Robotics, Nuclear Measurement and  Optics, Createc can efficiently build prototype systems and develop them  into full products.

Is the CEO/Founder of Investors King Limited. A proven foreign exchange research analyst and a published author on Yahoo Finance, Businessinsider, Nasdaq, Entrepreneur.com, Investorplace, and many more. He has over two decades of experience in global financial markets.

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Telecommunications

Lagos Residents Frustrated by Rapid Data Drain, Call for NCC Action

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Telecommunications - Investors King

Lagos residents are expressing increasing frustration over what they describe as the rapid depletion of their data bundles.

Many subscribers are now calling on the Nigerian Communications Commission (NCC) to address their concerns as they suspect changes in billing practices by telecommunication providers.

Numerous subscribers have reported that their data does not last as long as it used to. A Lagos-based teacher, Mrs. Nafidah Zaynab, shared her experience, stating that a N2,000 data bundle, which previously lasted almost a month, now depletes within just a few days.

This sentiment is echoed by many, including Idowu Anabili, a trader who has reduced his data usage due to rising costs.

Abdullahi Yunus, who runs a café, noted a significant increase in his data expenses, spending between N70,000 and N100,000 monthly, up from N30,000. He attributes this spike to faster data consumption.

Telecom operators deny any wrongdoing, attributing the faster data consumption to increased usage by subscribers.

An anonymous official from MTN explained that the variety of activities performed on smartphones has increased, leading to faster data usage.

Airtel Nigeria’s spokesperson, Mr. Femi Adeniran, suggested that background apps and high-definition streaming contribute to the issue.

Despite complaints, operators assert they have not officially increased data prices. They emphasize that automatic app updates and other technical factors may be responsible for the perceived quick depletion.

Experts suggest that the challenging economic climate may be pressuring telecom companies to subtly reduce data value.

The industry has reported a 43% rise in operational costs, although no formal tariff hikes have been announced.

The NCC has clarified that it has not authorized any increase in data tariffs. The commission highlights technical factors like automatic video play and app updates as potential causes for quick data depletion.

In a bid to assist consumers, the NCC has advised turning on data saver modes and managing app updates to conserve data.

To combat the issue, Mobile Network Operators (MNOs) have initiated a campaign to educate consumers on optimizing their data usage.

They recommend practices such as disabling automatic updates and closing unused apps.

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Social Media

Meta Shuts Down 63,000 Nigerian Accounts in Sextortion Crackdown

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In a significant move to combat online crime, Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, has removed 63,000 accounts in Nigeria linked to sextortion scams.

This sweeping action is part of Meta’s ongoing effort to address the growing threat of digital extortion on its platforms.

Unmasking the Scammers

The crackdown, which took place at the end of May, targeted accounts engaged in blackmail schemes.

These scammers posed as young women to coerce individuals into sharing intimate photos, which were then used to extort money from the victims.

The removal follows a Bloomberg Businessweek exposé highlighting the rise of such crimes, particularly affecting teenagers in the United States.

The Global Impact

The U.S. Federal Bureau of Investigation (FBI) has identified sextortion as one of the fastest-growing crimes targeting minors.

The schemes often lead to severe consequences, including the tragic suicides of more than two dozen teens.

In one high-profile case, the death of 17-year-old Jordan DeMay in Michigan led to the arrest of suspects traced back to Lagos, Nigeria.

The Role of the Yahoo Boys

Many of the dismantled accounts were linked to the “Yahoo Boys,” a notorious group known for orchestrating various online scams.

These individuals have been using social media to recruit and train new scammers, sharing blackmail scripts and fake account guides.

Meta’s Response

Meta’s spokesperson emphasized the company’s commitment to user safety, stating, “Financial sextortion is a horrific crime that can have devastating consequences.”

The company is continually improving its defenses and has reported offenders targeting minors to the National Center for Missing & Exploited Children.

To enhance protection, Meta has implemented stricter messaging settings for teen accounts and safety notices regarding sextortion.

They are also employing technology to blur potentially harmful images shared with minors.

Ongoing Efforts

Meta’s actions highlight the complex and evolving nature of online crime. The company has pledged to remain vigilant, adapting its strategies to counter new threats as they emerge.

“This is an adversarial space where criminals evolve to evade our defenses,” Meta noted.

Looking Forward

As digital platforms continue to grapple with issues of privacy and security, Meta’s recent actions demonstrate a proactive stance in safeguarding users.

By dismantling these networks, the company aims to reduce the prevalence of sextortion and foster a safer online environment for all.

The crackdown serves as a reminder of the need for continued vigilance and collaboration between tech companies and law enforcement to protect individuals from the harmful effects of digital exploitation.

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Fintech

Flutterwave Celebrates Inclusion in CNBC’s Top 250 Global Fintechs

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Flutterwave has been recognized as one of the Top 250 Fintech companies globally by CNBC and Statista.

Joining the ranks of industry giants like Ali Pay, Klarna, Piggyvest, and Mastercard, this accolade underscores Flutterwave’s impact on the financial technology sector.

This honor follows Flutterwave’s recent inclusion in Fast Company’s Most Innovative Companies list, highlighting the company’s pivotal role in transforming Africa’s payment landscape.

The recognition is a testament to Flutterwave’s dedication to innovation and excellence in providing seamless payment solutions across the continent.

Expressing gratitude, Flutterwave acknowledged its talented team, supportive board, reliable partners, and loyal customers for contributing to this success.

The company continues to drive progress in the fintech industry, reinforcing its commitment to enhancing financial accessibility and inclusion in Africa and beyond.

Flutterwave’s recognition on these prestigious lists marks a proud moment and a significant milestone in its journey, reflecting the company’s growing influence and leadership in the global fintech arena.

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