Oxipital AI Will Focus on Their Powerful
Visual AI Solutions for Manufacturing Process Optimization and
Automation
BOSTON, Aug. 6, 2024
/PRNewswire/ -- Soft Robotics Inc., a leading innovator in soft
gripping, 3D vision, and artificial intelligence solutions for
industrial automation, today announced the divestiture of its
gripper business assets to the Schmalz Group for an undisclosed
sum. The company also announced that it has reformed as Oxipital
AI, with a mission to deliver its transformative AI technology to
customers in critical industries, enabling an entirely new
generation of resilient, efficient, and sustainable
manufacturing.
The divestiture of the company's gripper hardware business marks
a significant milestone in its 10-year evolution. It enables the
company to focus its resources and expertise on advancing the
commercialization of its groundbreaking end-to-end visual
AI solutions optimized for high-speed product inspection and
robotic picking.
"For years, our AI vision solutions have enabled the automation
of labor-intensive processes in the food industry," said
Mark Chiappetta, President & CEO
of Oxipital AI. "Although under a new banner, we remain steadfast
in our commitment to customers as they embrace Industry 5.0, and in
providing the AI technology they need to unlock previously
unattainable levels of resiliency, sustainability, and resource
efficiency in their manufacturing operations."
The company will launch with a new corporate identity
and a focused commitment to driving innovation in machine
vision and AI. "The Oxipital AI brand name was selected because
it aligns more closely with the technology, paying homage
to the visual processing center of the human brain," said
Austin Harvey, VP of Product and
Marketing at the company. "Our vision solutions unlock latent
process inefficiencies through deep object understanding and
provide a previously unavailable pathway to further increase
manufacturing yield, throughput, and margins, while reducing
product waste and ecological footprint."
For more information about Oxipital AI or how the company's
technology can elevate your operation, please visit the company
website at www.oxipitalai.com or contact Julie Collura (jcollura@oxipitalai.com),
Director of Marketing Communications, Oxipital AI.
Oxipital AI is hosting a live webinar on Wednesday, August 21, 2024, at 11:00 AM ET. During this event, the company will
present its Visual AI technologies for inspection and vision-guided
robotic applications. Register for the event here.
About Oxipital AI
Oxipital AI is a leader in AI-enabled machine vision
technologies for robotic process automation and product inspection
in critical industries such as food processing, agriculture, and
consumer goods production. The company's mission is to deliver
actionable insights through deep object understanding, to
customers, as they embrace Industry 5.0 and to unlock previously
unachievable levels of resiliency, efficiency, and sustainability
in their manufacturing operations.
About the Schmalz Group
Schmalz is one of the market leaders in vacuum automation and
ergonomic handling systems. Schmalz products are used all over the
world, for example in applications in the logistics industry, the
automotive industry, the electronics sector or in furniture
production. The wide range of products in the Vacuum Automation
unit includes individual components such as suction cups and vacuum
generators, as well as complete gripping systems and clamping
solutions for holding workpieces, for example in CNC machining
centers.
Schmalz is represented in all major markets with its own
locations and trading partners in around 70 countries. The
family-owned company, headquartered in Glatten in the Black Forest,
employs around 1,800 people at 31 locations worldwide.
Media Contact:
Julie Collura
Director of Marketing Communications - Oxipital AI
Email: jcollura@oxipitalai.com
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SOURCE Soft Robotics Inc.