Press Release – April 27, 2016
5D RoboticsTM Acquires Industrial Business and Assets of Aerial MOB, LLC.
An Up-Close Look at Whill – the Wheelchair of the Future
GPS falls from the sky and costs nothing to use, but it may not reach a car roving the canyons of Manhattan or a forklift moving boxes in a warehouse. For uninterrupted autonomous driving, you need some backup.
Sure, you can festoon your vehicles with a vast array of overlapping sensors, but even that won’t always give you a clear sense of where you are. So, when the GPS satellites can’t pinpoint you, why not resort to land-based beacons?
This is a new record high for deals in the robotics space, and already nearly 15 companies –including Restoration Robotics, Savioke and 5D RoboticsTM – have raised $89m in funding across 15 deals, according to CB Insights. Analysing companies focused on automation, agricultural automation, surgical applications and personal/social robots, businesses in this space have raised more than $1.4bn in cumulative funding since 2011.
Younger recruits are attracted to robotics and innovation, the driving forces behind new transportation and mobility solutions. 5D RoboticsTM turns existing mobile equipment into intelligent, autonomous vehicles. It picks up where GPS leaves off and works indoors or outdoors, and in fog, rain, or snow.
“By using Short Pulse Radio Signal (PulseON® UWB) technology, we can transform any machine that moves into a robot with 2-centimeter positioning accuracy,” says Phil Mann, CMO of 5D RoboticsTM. “We have turned ordinary scissor forklifts into autonomous robots that follow a planned course or can follow a human operator like a well-trained guide dog.”
The association says it has grown a blurb procedure that can be simply commissioned and reconfigured to move robotics innovations to forklifts, scissor-lifts, and other industrial apparatus to automate operations and boost reserve and efficiency.