January 17, 2018 2:14 PM 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: 62
Co-Founder and Vice President of Administration & HR
Vice President of Manufacturing and Operations
Vice President of Product Development
Compensation as of Fiscal Year 2017.

Rethink Robotics, Inc. Key Developments

Rethink Robotics Introduces Intera Insights with 5.2 Software Release

Rethink Robotics announced the release of Intera® 5.2, an expansion of its first-of-its-kind Intera software platform that provides critical data insights to manufacturers in real time. Rethink Robotics' Sawyer™ gives operators and line managers valuable data at a glance, including metrics such as cycle time, part count, speed and force – data that has never before been available through a single collaborative robot vendor. The new feature, Intera Insights, displays key performance indicators (KPIs) via a customizable dashboard on the robot's on-board display, making it accessible directly on the factory floor. The same charts are also fed back to the Intera Studio platform, providing visibility to other members of the manufacturing team. Intera Insights drives more informed production decisions and saves manufacturers time and money by eliminating the need to invest in or create another data collection system. The Intera 5.2 release also includes extensive additions to Sawyer's vision capabilities. In addition to the embedded cameras that are standard with every Sawyer robot, manufacturers now have the option to seamlessly integrate an external camera in minutes. This will allow manufacturers to optimize cycle time with improved vision, or leverage in-house vision systems on Sawyer.

Rethink Robotics, Inc. Presents at Launch of Sense.nano: MIT.nano's first Center of Excellence, May-25-2017 04:00 PM

Rethink Robotics, Inc. Presents at Launch of Sense.nano: MIT.nano's first Center of Excellence, May-25-2017 04:00 PM. Venue: Broad Institute, 415 Main St, Cambridge, MA 02142, United States. Speakers: Rodney A. Brooks, Founder, Chairman of the Board and Chief Technology Officer.

Rethink Robotics Announces Distribution Agreement with Aldakin Automation in Spain

Rethink Robotics announced an agreement with Aldakin Automation, to distribute its smart, collaborative robots to the entire Spanish manufacturing market. Fresh off the launch of its new Intera 5 software that can coordinate a work cell from a single Sawyer robot, Rethink Robotics is helping manufacturers across the globe improve automation and production tasks. This new partnership further expands Rethink Robotics' network of distributors, which also covers the U.K., Germany, France, Australia, China, Korea, Japan, Israel, Mexico and Australia. Aldakin Automation helps customers automate their production operations, helping manufacturers with design, installation and maintenance. Aldakin can now provide Rethink's smart, collaborative Sawyer robot to its customers, opening new opportunities to automate tasks that were never before possible.

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