Oxipital AI will focus on their powerful visual AI solutions for optimizing and automating the manufacturing process
BOSTON, August 6, 2024 /PRNewswire/ — Soft Robotics Inc., a leading innovator in soft grip, 3D vision and artificial intelligence solutions for industrial automation, today announced the sale of the assets of its gripper business to Schmalz Group for an undisclosed sum. The company also announced that it has rebranded 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.
Visual AI Oxipital AI solutions for flexible, efficient and sustainable production.
The divestiture of the company’s cap hardware business marks an important milestone in its 10-year evolution. It enables the company to focus its resources and expertise on advancing the commercialization of its innovative end-to-end visual artificial intelligence 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 and CEO of Oxipital AI. “Although under a new banner, we remain steadfast in our commitment to customers as they embrace Industry 5.0, and to providing the AI technology they need to unlock previously unattainable levels of resilience, sustainability and resource efficiency in their manufacturing operations.”
The company will launch with a new corporate identity and a focused commitment to drive innovation in machine vision and AI. “The brand name Oxipital AI was chosen because it most closely matches the technology, paying homage to the visual processing center of the human brain,” it 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 path to further increase yield, throughput and manufacturing margins while reducing product waste and ecological footprint.”
For more information about Oxipital AI or how the company’s technology can improve your operation, please visit the company’s website at www.oxipitalai.com or contact Julie Collura ([email protected]), Director of Marketing Communications, Hospital AI.
Oxipital AI is hosting a live webinar on Wednesday, August 21, 2024IN 11:00 a.m. ET. During this event, the company will showcase its Visual AI technologies for vision-driven inspection and robotics applications. Register for the event here.
About Hospital 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 manufacturing. The company’s mission is to provide actionable insights through deep object understanding to customers as they embrace Industry 5.0 and unlock previously unattainable levels of resilience, 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 clamping 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 trade 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 – Ocipital AI
Email: [email protected]
SOURCE Soft Robotics Inc.
