Soft Robotics Inc. announced the divestiture of its gripper business assets to the Schmalz Group, and then reformed as Oxipital AI, with a mission to deliver its transformative artificial intelligence (AI) technology to customers in critical industries.
"For years, our AI vision solutions have enabled the automation of labor-intensive processes in the food industry," says 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 in providing the AI technology they need to unlock previously unattainable levels of resiliency, sustainability, and resource efficiency in their manufacturing operations."
Key takeaways:
- The divestiture of the company’s gripper hardware business enables it to focus resources and expertise on advancing the commercialization of its end-to-end visual AI solutions optimized for high-speed product inspection and robotic picking.
- The company will launch a new corporate identity and a focused commitment to driving innovation in machine vision and AI under the Oxipital AI name.
“The Oxipital AI brand name was selected because it aligns more closely with the technology, paying homage to the visual processing center of the human brain,” says Austin Harvey, VP of product and marketing. “Our vision solutions unlock latent process inefficiencies through deep object understanding and provide a previously unavailable pathway to further increase manufacturing yield, throughput, and margins, while reducing product waste and ecological footprint.”
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