Press release

Mitsubishi Electric Corporation Invests in Realtime Robotics, Inc.

Sponsored by Businesswire

Electric Corporation
(TOKYO: 6503) announced today that it has taken
an equity stake in Realtime
Robotics, Inc
. a U.S. technology startup that develops and
commercializes motion-planning* technologies. Funding by
Mitsubishi Electric is expected to accelerate the development of
industrial robot systems offering enhanced safety and performance.

*   Motion planning is the process of calculating and determining the
optimized path that a robot should take to reach a goal without
colliding with any obstacle. Realtime Robotics’ motion path planning
solution performs the necessary calculations in real time.

Going forward, Mitsubishi Electric expects to launch new industrial
robot systems that integrate Realtime Robotics’ motion-planning
technologies by 2020. At the same time, Mitsubishi Electric will
continue collaborating with other companies as well to further enhance
its smart-manufacturing solutions with innovative technologies.


About Realtime Robotics

Company name   Realtime Robotics, Inc.
CEO Peter Howard
Location 27-43 Wormwood St, Suite 110, Boston, MA 02210, USA
Establishment March 2016
Business Development of dedicated processors and software based on
motion-planning technologies for industrial robots and autonomous


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