Begin-up Profile – Veo Robotics


Editor’s Notice: Robotics Enterprise Assessment’s protection emphasizes innovation, together with start-up corporations (or ‘younger’ corporations). RBR “Begin-Up Profiles” spotlight particular person start-up corporations utilizing a constant, templated format that makes for fast, but knowledgeable studying, that additionally simplifies comparative evaluation.

Veo Robotics – Firm Profile


Founders
– Patrick Sobalvarro (Co-Founder/CEO), Clara Vu (Co-Founder/CTO), Scott Denenberg (Co-Founder/VP of Engineering)

Funding Standing – As of February 2019, Veo has raised $28 million in enterprise capital funding from traders similar to Google Ventures, Lux Capital Administration, Siemens Subsequent47, Nikon-SBI Innovation Fund, SBI AI & Blockchain Fund, and Baidu Ventures.

Veo’s FreeMove is a complete 3D sensing and management system that turns commonplace industrial robots into collaborative machines utilizing superior laptop imaginative and prescient and 3D sensing.

Veo Robotics – Choices Profile

Main Goal Markets – Manufacturing, Provide Chain

Know-how / Product / Service(s) – Veo Robotics makes commonplace industrial robots attentive to people to allow them to work safely side-by-side.

 Veo’s FreeMove® is a complete 3D sensing and management system that turns commonplace industrial robots into collaborative machines utilizing superior laptop imaginative and prescient and 3D sensing. It’s a mixture of Veo’s proprietary software program and fail-safe , engineered for compliance with the ISO 13849 purposeful security commonplace.

 The Veo FreeMove® system is comprised of:

FreeMove Sensors®: Broad Discipline of View, lengthy vary 3D Time-of-Flight sensors with twin imagers and novel per-pixel validation are positioned on the periphery of the workcell to seize wealthy picture information of the complete area.
The FreeMove Engine®: Excessive-performance industrial laptop with a proprietary security structure connects on to the robotic controller and the FreeMove Sensors®.

The FreeMove Engine makes use of the 3D information from the sensors to determine the workcell together with the robotic, workpiece, human and occlusions. It then tracks and calculates all potential future states and if a human is nearer to the robotic than the Protecting Separation Distance, FreeMove® indicators the robotic to sluggish and cease by implementing Pace & Separation Monitoring (per ISO15066).

Worth Proposition – The FreeMove® system permits producers to design workcells with human-robot collaboration which are safer, simpler to design and combine, and extra versatile than beforehand potential. This new flexibility provided by dynamic human-machine interplay allows producers to repeatedly adapt to vary and meet fashionable calls for of mass-customization, increased product variability, expectations of upper high quality, and sooner product cycles.

The way forward for manufacturing is dynamic, versatile human-machine collaboration. With FreeMove®, the 2 most versatile assets in a manufacturing unit, people and robots, can ultimately safely share the identical area, performing duties to which they’re greatest suited. This allows producers to thrive in a way forward for steady change by bringing flexibility from workcell stage to the meeting line, and ultimately to the complete manufacturing unit.

Demand Drivers – To compete in a fast-evolving world market, producers have to essentially remodel the way in which they produce items. They will deal with long-standing challenges by pairing human talent and creativity with the power and pace of robots. It’s dynamic human-robot collaboration that may allow the form of flexibility they want and permit producers to simply adapt to shifting demand with new merchandise and processes.

Veo’s FreeMove® solves this drawback and allows industrial robots to work dynamically and safely alongside individuals in order that manufacturing can change into extra versatile and producers can thrive in a way forward for steady change.

Veo has prospects who’re the world’s largest producers of car and car elements, family home equipment, client packaged items, vans, oil & gasoline tools, and extra.

Veo Robotics – Enterprise Mannequin(s) and Competitors

Enterprise Mannequin – Veo presently sells its product, FreeMove® ADK, on to end-customers, and has plans to work by system integrators sooner or later.

Companions – Veo presently companions with the 4 main robotic producers FANUC, Yaskawa, ABB, and Kuka.

Prospects – Veo has prospects who’re the world’s largest producers of car and car elements, family home equipment, client packaged items, vans, oil & gasoline tools, and extra. At the moment, Veo can not disclose firm names.

Aggressive Panorama – Robotics requirements define 4 completely different strategies of collaboration: security rated monitored cease, hand guiding, Energy and Power Limiting (PFL), and Pace and Separation Monitoring (SSM). Essentially the most prevalent type of robotics in collaborative manufacturing purposes are PFL robots, usually often called “collaborative robots” or “cobots”, that are geared up with tactile sensors that set off stops when touched. Nonetheless, it could be harmful for individuals to aim to the touch and cease robots which are transferring heavy or harmful elements round shortly, so PFL robots must be slow-moving and light-weight, and restricted to sure kinds of payloads and finish effector designs.

Veo’s FreeMove® addresses the restrictions of PFL robots by constructing a secure notion system that permits the a lot bigger put in base of conventional industrial robots to work alongside people.

Different safeguarding options for purposes with human-robot collaboration, similar to mild curtains and space scanners, can require the consideration of an exhaustive set of situations and integration of a number of and disparate 2D security techniques to cowl all of the areas the place a human might go, including time and complexity to the method. FreeMove® is the primary complete 3D safeguarding resolution that makes workcells with human-robot collaboration safer, simpler to design and combine, and extra versatile than beforehand potential.

Veo Robotics – Current Information



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