Mitsubishi Electric to Increase Stake in Realtime Robotics to Support Expanded Use of Motion-planning Technology in FA Products
May 26 2024 - 10:10PM
Business Wire
Mitsubishi Electric Corporation (TOKYO:6503) announced today
that it will increase its existing investment in
Massachusetts-based Realtime Robotics, Inc., an American startup
company that is pioneering motion-planning technology for
calculating trajectories to enable factory-automation (FA)
equipment to avoid obstacles and generate optimized routes.
By expanding the use of Realtime Robotics’ advanced technology
in Mitsubishi Electric’s FA solution software products and
control-system equipment, the partners expect to further enhance
the digitalization and optimization of automated production at
manufacturing sites. Since May 2019, when Mitsubishi Electric first
invested in Realtime Robotics, the two companies have been
promoting technological collaboration between Realtime’s
motion-planning technology and Mitsubishi Electric’s industrial
robots, with the aim of helping manufacturers achieve agile,
variable-volume production and flexible manufacturing for improved
productivity in the face of rising capital-investment and labor
costs as well as diversifying consumer needs.
As Mitsubishi Electric strives to transform into a “Circular
Digital-Engineering Company,” its FA systems business is investing
in and cooperating with software companies to strengthen automation
and digitalization in diverse manufacturing processes, including
design, manufacturing, testing, operation and maintenance,
ultimately to provide customers with best-in-class products and
solutions.
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