FOR IMMEDIATE RELEASE No. 3281
TOKYO, May 8, 2019 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has taken an equity stake in Realtime Robotics, Inc. a U.S. technology startup that develops and commercializes motion-planning* technologies. Funding by Mitsubishi Electric is expected to accelerate the development of industrial robot systems offering enhanced safety and performance.
|Company name||Realtime Robotics, Inc.|
|Location||27-43 Wormwood St, Suite 110, Boston, MA 02210, USA|
|Business||Development of dedicated processors and software based on motion-planning technologies for industrial robots and autonomous vehicles.|
As workforces decline and labor costs rise in various markets worldwide, the importance and necessity of industrial robot systems continues to grow.Mitsubishi Electric is already meeting needs in such markets with its MELFA series of industrial robot systems, which deploy a high-speed, high-accuracy pick-and-place control solution based on vision capability, force sensors and Maisart®** AI technology. Industrial customers are now using the solution to supplement their limited human resources with advanced robot systems.
Mitsubishi Electric, through its investment in and collaboration with Realtime Robotics, aims to accelerate the integration of it MELFA industrial robot systems with advanced motion-planning technologies. The envisioned new systems will perform tasks such as pick-and-place while autonomously, rapidly and smoothly avoiding collision with workers and obstacles in unstructured working environments. Mitsubishi Electric expects to use these increasingly safe and productive industrial robot systems to further enhance smart-manufacturing.