Mitsubishi Electric Corporation Invests in Realtime Robotics, Inc.

2019-05-13
Will use startup's innovative technologies to improve performance and safety in industrial robot systems promptly.

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has taken an equity stake in Realtime Robotics, Inc. a U.S. technology startup that develops and commercializes motion-planning*1 technologies. Funding by Mitsubishi Electric is expected to accelerate the development of industrial robot systems offering enhanced safety and performance.

Motion planning is the process of calculating and determining the optimized path that a robot should take to reach a goal without colliding with any obstacle. Realtime Robotics' motion path planning solution performs the necessary calculations in real time.

Going forward, Mitsubishi Electric expects to launch new industrial robot systems that integrate Realtime Robotics' motion-planning technologies by 2020. At the same time, Mitsubishi Electric will continue collaborating with other companies as well to further enhance its smart-manufacturing solutions with innovative technologies.

www.mitsubishielectric.com