There are now more connected devices in this world than dollars in the deficit. And the definition of success in business has changed from closed shops to standard modular construction and software that allows all sorts of players to add to the core products that are built.
Sometimes a company is founded because it stumbles upon a niche that it can fill better than any other company. Such a company is RE2 (Robotics Engineering Excellence). Founded by Jorgen Pedersen as a contract engineering house to fill a need for unmanned systems engineering expertise within Carnegie Mellon's National Robotics Engineering Center (NREC), RE2 now provides mobile manipulation systems for defense and safety.
If you believe that the robotics industry is ready for you to invest in, you wouldn't purchase either Boeing or John Deere -- they aren't representative of the industry and their stocks move to the beat of a different drummer than robotics. Instead, you would pick from a list of pure play robotic stocks (if such a list existed).
It will be worth your time to analyze each segment of your business and decide if automation is right for your business and if automation can produce more efficiency or profit.
Selling to the military is not easy, but if you are persistent and take one step at a time, asking questions along the way, military sales can add substantially to your bottom line.
Compass Automation has rapidly become an industry-leading provider of high resolution, in-line vision inspection systems. In the fall of 2011 Compass completed the project highlighted below for Mitchel & Scott Machine Company, providing an automated vision inspection and thread checker system. Compass was able to provide Mitchel & Scott with an outstanding product in an extremely tight timeline. This system exceeded the quoted performance, providing a repeatability of 2 microns, a reproducability of 4 microns, and passing a Gage R&R with a score of 7.4%.
Companies considering a new material handling system are often simultaneously evaluating warehouse management systems (WMS) or have already implemented a WMS. When considering an automated material handling solution such as the Kiva Mobile Robotic Fulfillment System, companies often ask how the systems will work together.
Willingness to invest in future yields big dividends with 76% return on investment in first year.
In early 2008 I asked my Merrill Lynch broker for a list of stocks of American robot manufacturers. He couldn't provide me with more than two. So I went online with Bloomberg and found a list of 120 companies involved with automation. When I researched them, there were only a few in the U.S. and fewer still where robotics was the principle business.
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High resolution. Limited space. Not a problem for our latest miniature encoders that provides precise feedback and is easy to install within smaller-sized applications. Now available in 400 and 500 CPRs. Coming in at about the size of a nickel, we've added our proprietary Opto-ASIC sensor technology and improved quadrature for even greater motion control. Product Features: 10 resolutions up to 360 CPR, plus new 400 and 500 CPR resolution; 288 configurations available, including single and differential output; Compact form factor • 0.866 inch (in) / 22.00 millimeter (mm) package outside diameter • 0.446 in / 11.33 mm package height • Fits NEMA 8, 11, 14 and 17 motors; Simple and efficient assembly process • Four-piece construction • Push-on hub disk design, patent pending; 100 kilohertz frequency response; Shafted version up to 0.25 in / 6.25 mm diameter.