TOKYO--(BUSINESS WIRE)--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.
* | Motion planning is the process of calculating and determining the optimized path that a robot should take to reach a goal without colliding with any obstacle. Realtime Robotics’ motion path planning solution performs the necessary calculations in real time. |
Going forward, Mitsubishi Electric expects to launch new industrial robot systems that integrate Realtime Robotics’ motion-planning technologies by 2020. At the same time, Mitsubishi Electric will continue collaborating with other companies as well to further enhance its smart-manufacturing solutions with innovative technologies.
About Realtime Robotics |
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Company name | Realtime Robotics, Inc. | |
CEO | Peter Howard | |
Location | 27-43 Wormwood St, Suite 110, Boston, MA 02210, USA | |
Establishment | March 2016 | |
Business | Development of dedicated processors and software based on motion-planning technologies for industrial robots and autonomous vehicles. | |
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