Mitsubishi Electric Corporation Leads Series B Investment in
Summary
In iterative design stages, the award-winning multirobot optimization software rapidly generates and evaluates hundreds of thousands of possible solutions to identify the shortest cycle time. Finally, when the workcell needs to be retooled, the complex robot control is effortlessly reprogrammed for optimal cycle time from the first iteration.Customers, including automotive manufacturers BMW and Volkswagen Commercial Vehicles, as well as integrators Valiant TMS and Schaeffler Group, report improved cycle times, reduced downtime, and increased throughput as a result of working with Realtime.By increasing its stake, Mitsubishi Electric plans to further integrate Realtimes cutting-edge motion planning technology into 3D simulators and other software to optimize manufacturing through the power of digital twins. Our optimization and runtime technologies constitute a powerful Artificial Intelligence (AI) that operates much like the human brains motor cortex, efficiently managing multiple actions at the same time. Were thrilled to work closely with them to expand the use of our unique motion-planning technology.To learn more about how Realtime Robotics can help your organization improve the efficiency and effectiveness of your industrial automation efforts, please visit: https://rtr.ai/.With more than 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in factory automation, information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The companys solutions expand the potential of automation, empowering multiple robots to work closely together in unstructured and collaborative workspaces, reacting to dynamic obstacles the instant changes are perceived.