Investments seldom interest me. This one in the robotics area should be noticed when we consider the usual lifecycle path of a start up technology company.

Realtime Robotics, the leader in collision-free autonomous motion planning for industrial robots, today announced that it has secured a strategic investment from Mitsubishi Electric Corporation. This is the lead investment in Realtime Robotics’ recently opened Series B round. Mitsubishi Electric was also a participant in the Series A round, and will be adding a senior representative to Realtime’s Board of Directors.

Realtime Robotics’ unique and innovative collision-free path planning technology provides solutions across the lifecycle of robotic workcells. 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. Deployment and production are further simplified by runtime control, enabling multiple robots to work closer together, while simultaneously reacting to dynamic changes. Finally, when the workcell needs to be retooled, the complex robot control is effortlessly reprogrammed for optimal cycle time from the first iteration. 

Why is Mitsubishi interested?

By increasing its stake, Mitsubishi Electric plans to further integrate Realtime’s motion planning technology into 3D simulators and other software to optimize manufacturing through the power of digital twins. Later, Mitsubishi Electric expects to incorporate Realtime’s technology into factory automation (FA) control system devices, such as programmable logic controllers (PLCs), servo motors and computer numerical controllers (CNCs), to ensure uninterrupted plant operations by responding to needs for expanded automation capabilities, streamlined plant operations for improved efficiency, and fast responses to unexpected events.

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