ST Engineering, the Singaporean company which bought Aethon recently, says it is looking to grow its robotics division.
The company’s chief executive, Vincent Chong, says ST Engineering is hoping Aethon can help it pass through the 100-million-dollar barrier – Singaporean dollars that is, which equates to about $73 million in US currency.
As quoted on Nikkei, Chong says: “We want it [Aethon] to be a material business [with a revenue of] over 100 million Singapore dollars. How fast we get there, we don’t know yet.” Continue reading ST Engineering looks to Aethon robots to lead it to bigger markets
Singapore Technologies Engineering has acquired Aethon and its autonomous mobile robot, TUG, usually seen performing some logistical task or other.
ST Engineering is a $5 billion engineering firm with global operations and strong expertise in mobile robotics.
The value of the deal was not made public.
Aethon will become a division of ST Engineering’s US headquarters, VT Systems and will be part of the group’s land systems sector which is led by ST Kinetics, which is focused on robot technology innovation. Continue reading ST Engineering acquires Aethon, maker of the TUG autonomous mobile vehicles
Aethon has demonstrated new products at Automate 2017 in Chicago specifically designed to address the needs of manufacturers looking to automate material movement and connect islands of automation within their plants.
Aethon showcased new mobile robots and software control systems allowing their robotic platform to achieve Level 4 autonomy. (Full list of autonomy levels, as published by SAE.)
Aethon will feature the T3 and T3XL model robots, which represent the newest innovations in automated material movement. Continue reading Aethon launches new autonomous mobile robots at Automate 2017
By Anthony Melanson, vice president of marketing, Aethon
Robotics headlines are everywhere: “China’s Impending Robot Revolution”, “IFR Report Offers Good News for Robot Developers,” and “Can Robotics Spark a Renaissance in American Manufacturing”.
There’s little question that self-driving robots, drones and other automated vehicles are integral to the present and future success of organizations in a wide-variety of sectors.
Self-driving cars are on a tremendous innovation curve and it will be exciting to see them develop. From healthcare to industrial material handling, robots are positively impacting our world. Continue reading Robots are positively impacting our world, says Aethon
Aethon says it has continued its strong performance, growing first half bookings 160 per cent compared to the same period last year.
Aethon’s growth was driven by strong sales of TUG autonomous mobile robots, selling a record 102 robots in the first half of 2016.
Aethon claims the TUG autonomous mobile robot is “the world-leading solution for autonomous material transport and delivery”. Continue reading Aethon ‘dramatically outpacing growth of robotics industry’