adept technology inc (ADEP) Key Developments
Adept Technology Inc. to Showcase New Robots at Automate 2015
Mar 19 15
Adept Technology Inc. will showcase it's new mobile and industrial robots at the Automate 2015 exhibition. Among the innovations attendees will see anew Lynx AIV model for moving carts that can handle payloads as heavy as 105kg. Adept's latest Lynx products are designed to unlock a new range of materials transport applications, and further increase customers' efficiencies in warehousing, logistics and manufacturing; the new Lynx Enterprise Manager 1100 fleet management system, that controls all aspects of operating a fleet of Lynx mobile robots, coordinating as many as 100 vehicles simultaneously to enable large-scale deployments in factories and warehouses.; and a new eCobra SCARA robot equipped with force sensing capabilities. eCobra is Adept's latest generation of 4-axis industrial robots, offering a controller-less architecture for easy integration and exceptional performance for high-speed packaging and assembly applications.
Adept Technology Launches Lynx Enterprise Manager 1100 for Lynx Mobile Robots
Mar 12 15
Adept Technology Inc. announced that it has launched Lynx Enterprise Manager 1100, a new fleet management system for Adept's Lynx autonomous intelligent vehicles (AIVs). Lynx Enterprise Manager 1100 controls all aspects of operating a fleet of Lynx mobile robots, coordinating as many as 100 vehicles simultaneously to enable large-scale deployments for warehousing/logistics, manufacturing and semiconductor applications. Lynx AIVs provide rapid, traceable material movement in highly dynamic environments such as warehouses, distribution centers and factories. Unlike traditional AGV systems, Lynx vehicles intelligently self-navigate, avoiding obstacles and selecting the best path to complete a task. The Lynx Enterprise Manager 1100 is a powerful tool for controlling a Lynx fleet, coordinating vehicle configuration, task allocation and traffic control, and interfacing with a user's existing enterprise management system. Adept will showcase the Lynx Enterprise Manager 1100, along with other new industrial and mobile robot technologies, at Automate 2015 booth 1060 on March 23-26 at McCormick Place North in Chicago, Illinois.
Adept Technology Inc. Presents at 27th Annual ROTH Conference, Mar-09-2015 01:00 PM
Feb 13 15
Adept Technology Inc. Presents at 27th Annual ROTH Conference, Mar-09-2015 01:00 PM. Venue: The Ritz Carlton, 1 Ritz Carlton Dr, Dana Point, CA 92629, United States. Speakers: Seth S. Halio, Chief Financial Officer and Corporate Secretary.
Adept Technology, Inc. Introduces SmartVision MX
Feb 9 15
Adept Technology Inc. announced the Adept SmartVision MX vision processor for its fixed industrial robots. Optimized for continuous use in factory environments, Adept SmartVision MX provides a simple and dependable way to add powerful vision guidance and inspection to industrial robot applications. The adoption of vision-guided robotics continues to grow as manufacturers realize the flexibility and increased accuracy gained in parts feeding and inspection. Adept has introduced new machine vision technology with the Adept SmartVision MX and its easy-to-deploy, cost-effective cameras. The SmartVision MX platform combines the latest in vision technology with a rugged design for continuous, uninterrupted use on the factory floor. Adept SmartVision MX boasts an Intel Core i7 processor, a solid-state hard drive, a fanless architecture and a wide operating temperature range, making it ideal for the rigors of industrial use. It is compatible with a new selection of compact machine vision cameras that provide a wide range of resolution options in color or monochrome, and it's equipped with Gigabit Ethernet ports with Power over Ethernet (GigE PoE) and USB 3.0 ports to accommodate up to eight cameras simultaneously. Factory loaded with Adept ACE software, SmartVision MX gives users an integrated, point-and-click development and simulation environment for Adept's complete portfolio of fixed industrial robots and controls. Optional software extensions include AdeptSight for configuring object location and inspection applications, and ACE PackXpert for deploying complete packaging automation solutions.
Adept Technology Inc. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended December 27, 2014
Feb 4 15
Adept Technology Inc. announced consolidated unaudited earnings results for the second quarter and six months ended December 27, 2014. For the quarter, the company reported revenues of $11,797,000 compared with $14,588,000 for the same period a year ago. Operating loss was $2,273,000 compared with operating income of $149,000 for the same period a year ago. Loss before tax was $2,447,000 compared with income before tax of $306,000 for the same period a year ago. Net loss attributable to common stockholders was $2,357,000 or $0.18 per basic and diluted share compared with net income attributable to common stockholders of $100,000 or $0.01 per basic and diluted share for the same period a year ago. Adjusted LBITDA was $1,931,000 compared with adjusted EBITDA of $1,144,000 for the same period a year ago.
For the six months, the company reported revenues of $26,199,000 compared with $28,159,000 for the same period a year ago. Operating loss was $2,189,000 compared with $93,000 for the same period a year ago. Loss before tax was $2,285,000 compared with $37,000 for the same period a year ago. Net loss attributable to common stockholders was $2,275,000 or $0.17 per basic and diluted share compared with $402,000 or $0.04 per basic and diluted share for the same period a year ago. Adjusted LBITDA was $1,306,000 compared with adjusted EBITDA of $1,607,000 for the same period a year ago.