February 23, 2017 1:05 AM ET

Electronic Equipment, Instruments and Components

Company Overview of Rethink Robotics, Inc.

Company Overview

Rethink Robotics, Inc. develops and produces industrial robots that help businesses in manufacturing, automation, and outsourcing applications. Rethink Robotics, Inc. has a strategic alliance with Sonoco Alloyd. The company was formerly known as Heartland Robotics, Inc. and changed its name to Rethink Robotics, Inc. in June 2012. Rethink Robotics, Inc. was founded in 2008 and is based in Boston, Massachusetts.

27-43 Wormwood Street

Boston, MA 02210

United States

Founded in 2008

Phone:

617-500-2487

Fax:

617-812-0448

Key Executives for Rethink Robotics, Inc.

Chief Executive Officer and President
Founder, Chairman of the Board and Chief Technology Officer
Age: 61
Co-Founder and Vice President of Administration & HR
Vice President of Manufacturing and Operations
Vice President of Product Development
Compensation as of Fiscal Year 2016.

Rethink Robotics, Inc. Key Developments

Rethink Robotics Releases Intera 5

Rethink Robotics announced Intera® 5, a first-of-its-kind software platform that connects everything from a single robot controller, extending the smart, flexible power of Rethink Robotics' Sawyer™ to the entire work cell and simplifying automation with unparalleled ease of deployment. Built on the backbone of the industry's best train-by-demonstration software that powers the fastest-to-deploy robots, Intera 5 is paving the way for connected manufacturing environments and helping companies build factories of the future. Intera 5 fundamentally changes the need for integration, making it substantially easier and more affordable, allowing manufacturers to deploy full work cell automation in a matter of hours, not weeks. Intera 5 is much more than the latest version of Rethink Robotics' software; it's a new way to approach automation that allows manufacturers to control the robots, orchestrate the work cell and collect data. Consumer expectations for greater personalization and shifting market demands require manufacturers to be innovative and agile while still controlling costs. Rethink Robotics' Intera 5 modernizes the traditional work cell by improving coordination, increasing flexibility and drastically reducing deployment times. Run through the robot's controller, manufacturers can orchestrate conveyors, equipment and other machines from a central Intera 5-powered robot.

Yanfeng Automotive Interiors Deploys Two of Rethink Robotics' Sawyer Robots in Monroe, Michigan-Based Facility

Yanfeng Automotive Interiors has deployed two of Rethink Robotics' Sawyer robots in its Monroe, Michigan-based facility. By introducing Sawyer, YFAI Frenchtown is improving two production processes, while freeing up employees to be used at positions where they can add more value. Both Sawyer robots are being utilized to perform packaging tasks. One robot is removing trapped labor by packing parts from a conveyor onto a rack, handling 180 parts every 54 minutes. The second robot is counting parts from a conveyor as it places them into a tote, precisely packaging each tote with 80 parts. With a focus on innovation through automation, YFAI has increased its production output and accuracy by leveraging Sawyer in these two tasks.

Rethink Robotics Introduces Sawyer Robot with New SDK Package

Rethink Robotics has introduced the Sawyer robot with the new software development kit, or SDK, package for the global research and education markets. Built on the open source Robot Operating System (ROS) and equipped with a SDK, Sawyer will help leading educators and researchers innovate in fields including machine learning, human-robot interaction, mechatronics and grasping, machine vision and manufacturing skills. The new SDK package brings expanded capabilities to the Sawyer robot, while still featuring the same specifications, including seven degrees of freedom, a 4kg payload, 1260 mm reach, high resolution embedded vision and sub-millimeter precision, while weighing only 19kg. Benoit will detail the new possibilities that have been opened up to researchers and scientists as a result of Sawyer's availability in the education market.

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