Pioneering creator of collaborative ‘cobots’ Rethink Robotics shuts down

Rethink Robotics, the Boston company that pioneered the development of “cobots” —collaborative robots designed to work alongside humans — shut down on Wednesday.

The company’s closure was abrupt and surprised members of the robotics community. According to the Boston Globe, Rethink had been exploring a deal to sell itself to another firm, but the acquisition fell through at the last minute. “We thought that we had a deal that we were going to be able to close,” Rethink chief executive Scott Eckert told the Globe.

Ecekert declined to name the company involved in the failed acquisition, but said that Rethink had been running low on cash after disappointing sales of its Baxter and Sawyer robots. We’ve reached out to Rethink and will update this story if we hear more.  Full Article:

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

SCHUNK's New Safety Gripping System EGN

SCHUNK's New Safety Gripping System EGN

With the SLS, SOS, and STO functionalities, the SCHUNK EGN gripping system certified in accordance with DIN EN ISO 13849 enables safe human/machine collaboration. If the production process is interrupted by an emergency shut-off, the SCHUNK EGN goes into either a safely limited speed mode or a safe stop mode depending on the activated protection zone. In contrast to other solutions available on the market, the SCHUNK safety gripping system is continuously powered even in the safe operating stop so that the gripped parts are reliably held even without mechanical maintenance of gripping force. As soon as the protection zone is released, the gripper immediately switches back to the regular operating mode without the system having to be restarted.