Emerald leads CHF 23.5 M investment in Embotech
Summary
Embotech is the only vendor in the market with a certified AVM solution and the only player with experience in a production environment.New BMW vehicles are guided along a one-kilometer route between two assembly facilities, through a squeak and rattle track, and to the finishing area with no driver needed at any stage of the journey. The Embotech AVM system requires no changes to the vehicles and uses off-the-shelf LiDAR sensors installed on existing infrastructure. Embotechs autonomous tractors use a combination of LIDAR, cameras, and GPS to detect obstacles in all weather conditions and achieve localization accuracy of less than 5 cm. Following rigorous testing, which validated the reliability and safety of the technology in the 24/7 port environment, the ATTs are now poised for deployment, enabling seamless horizontal transport of containers across transfer points within the port environment.Embotech leverages shared technology and safety processes across its two business units, resulting in significant efficiencies. By automating critical processes, Embotech thereby also advances logistics safety.Additionally, these highly automated solutions address the global driver shortage, reduce Total Cost of Ownership (TCO) and CO2 emissions, and provide a glimpse into the future of modern logistics.Embotechs offering is an ideal way for companies to accelerate their path to reliable autonomy, says Mehran Zaker, Partner at Emerald and new Board member at Embotech.