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Soft Robotics Adopts Compelling New Business Strategy and Becomes Oxipital AI, While Announcing Divestiture of its Soft Gripping Business to The Schmalz Group

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Oxipital AI Will Focus on Their Powerful Visual AI Solutions for Manufacturing Process Optimization and Automation

BOSTON, Aug. 6, 2024 /PRNewswire/ — Soft Robotics Inc., a leading innovator in soft gripping, 3D vision, and artificial intelligence solutions for industrial automation, today announced the divestiture of its gripper business assets to the Schmalz Group for an undisclosed sum. The company also announced that it has reformed as Oxipital AI, with a mission to deliver its transformative AI technology to customers in critical industries, enabling an entirely new generation of resilient, efficient, and sustainable manufacturing.

 

The divestiture of the company’s gripper hardware business marks a significant milestone in its 10-year evolution. It enables the company to focus its resources and expertise on advancing the commercialization of its groundbreaking end-to-end visual AI solutions optimized for high-speed product inspection and robotic picking.

“For years, our AI vision solutions have enabled the automation of labor-intensive processes in the food industry,” said Mark Chiappetta, President & CEO of Oxipital AI. “Although under a new banner, we remain steadfast in our commitment to customers as they embrace Industry 5.0, and in providing the AI technology they need to unlock previously unattainable levels of resiliency, sustainability, and resource efficiency in their manufacturing operations.” 

The company will launch with a new corporate identity and a focused commitment to driving innovation in machine vision and AI. “The Oxipital AI brand name was selected because it aligns more closely with the technology, paying homage to the visual processing center of the human brain,” said Austin Harvey, VP of Product and Marketing at the company. “Our vision solutions unlock latent process inefficiencies through deep object understanding and provide a previously unavailable pathway to further increase manufacturing yield, throughput, and margins, while reducing product waste and ecological footprint.”

For more information about Oxipital AI or how the company’s technology can elevate your operation, please visit the company website at www.oxipitalai.com or contact Julie Collura (jcollura@oxipitalai.com), Director of Marketing Communications, Oxipital AI.

Oxipital AI is hosting a live webinar on Wednesday, August 21, 2024, at 11:00 AM ET. During this event, the company will present its Visual AI technologies for inspection and vision-guided robotic applications. Register for the event here.

About Oxipital AI 

Oxipital AI is a leader in AI-enabled machine vision technologies for robotic process automation and product inspection in critical industries such as food processing, agriculture, and consumer goods production. The company’s mission is to deliver actionable insights through deep object understanding, to customers, as they embrace Industry 5.0 and to unlock previously unachievable levels of resiliency, efficiency, and sustainability in their manufacturing operations.

About the Schmalz Group

Schmalz is one of the market leaders in vacuum automation and ergonomic handling systems. Schmalz products are used all over the world, for example in applications in the logistics industry, the automotive industry, the electronics sector or in furniture production. The wide range of products in the Vacuum Automation unit includes individual components such as suction cups and vacuum generators, as well as complete gripping systems and clamping solutions for holding workpieces, for example in CNC machining centers.

Schmalz is represented in all major markets with its own locations and trading partners in around 70 countries. The family-owned company, headquartered in Glatten in the Black Forest, employs around 1,800 people at 31 locations worldwide.

Media Contact:
Julie Collura
Director of Marketing Communications – Oxipital AI
Email: jcollura@oxipitalai.com 

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SOURCE Soft Robotics Inc.

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Michael Johnson Promoted to VP of Technical Services for Astro Pak

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Astro Pak promotes Michael Johnson to Vice President of Technical Services, now overseeing both the Technical Services and Engineering Services Groups. A seasoned expert in spaceflight hardware cleaning, Johnson aims to drive innovation in high-purity cleaning and support Astro Pak’s growth. The Technical Services Group focuses on pioneering industry processes, while the Engineering Services Group advises on facility design for longevity and safety.

COSTA MESA, Calif., Nov. 13, 2024 /PRNewswire/ — Astro Pak announces that Michael Johnson has been promoted to its Vice President of Technical Services. He is stepping up from his previous role as Director of Technical Services for the company. His new role places both the Technical Services Group (TSG) and the Engineering Services Group (ESG) under common leadership. The TSG is Astro Pak’s Research and Development group made up of subject matter experts with deep knowledge gained through many years of experience in their respective fields. This team is dedicated to developing new, industry-leading processes and chemistries, some of which become the industry standards. Additionally, the group also serves as an internal consulting resource for Astro Pak’s Field Services and Cleanroom divisions in providing expert advice on resolving its clients’ most challenging projects. Meanwhile, the ESG is a relatively new, customer-facing resource which can be engaged to consult on best practices when designing new facilities to maximize their maintainability to ensure longevity and product safety.

“Our mission is to position Astro Pak on the technological forefront of precision and high-purity cleaning, providing ongoing support for sales, operations, and business development.”

Mr. Johnson himself is a recognized subject matter expert in the highly specialized field of precision cleaning of spaceflight hardware. He joined Astro Pak in March of 2021 after a career of nearly 30 years at the Kennedy Space Center in Florida. There, his work included serving as General Manager of the Chemical Analysis Laboratory and Spaceflight Hardware Precision Cleaning and Refurbishment Operation which included the Space Shuttle program. His other work included designing facility equipment and solvent delivery system as well as working with Boeing and NASA to replace the environmentally hazardous Freon 113 solvent. He also led a team collaborating with Lockheed to clean a contaminated titanium tubing system onboard the Orion space capsule without the need to remove it.

In his new role, Mr. Johnson plans on continuing his mandate “to build and lead a department whose mission is to position Astro Pak on the technological forefront of precision and high purity cleaning and to provide ongoing technical support for sales, operations, and business development.

Media Contact

Mary Cheng, Astro Pak, 9492700812, marketing@astropak.com, https://astropak.com/ 

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SOURCE Astro Pak

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Revolutionizing Heart Health: Frontier X Plus Gains FDA Clearance

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NEW YORK, Nov. 13, 2024 /PRNewswire/ — Fourth Frontier, a medical technology company based out of New York and Bangalore, announced the 510(k) clearance of the Frontier X Plus from the U.S. FDA. The Frontier X Plus is an innovative single-lead, continuous ECG monitor that is worn around the chest and wirelessly relays the user’s ECG instantly to remote dashboards. A range of advanced algorithms identify and classify cardiac rhythm as Bradycardia, Tachycardia, Normal Sinus Rhythm, or Atrial Fibrillation. The device demonstrated best-in-class signal quality during a range of motions including during intense exercise. The wearable ECG monitor further demonstrated equivalence in the classification of cardiac arrhythmias when compared with the conventional 12-lead ECG, through clinical trials in India and the US.

According to the Center for Disease Control, one person dies every 33 seconds from Cardiovascular Disease (CVD), and CVDs are responsible for one in every five deaths in the US. The American Heart Association reports that between three to six million Americans have reported an incidence of Atrial Fibrillation. This number is expected to rise to 16 million by 2050. Atrial Fibrillation has been described as a global epidemic and is a key indicator of reduced morbidity and mortality in individuals of all age groups. Globally, the incidence and prevalence of Cardiovascular Disease (CVD) has been increasingly observed in younger individuals and is one of the leading reasons for premature death.

“We have seen cardiac arrhythmias develop in individuals of all ages, and the incidence is significantly higher for individuals who are both active and have cardiac health risk factors. The percentage of population that falls in the confluence of these categories is continuously rising. Since the FX+ is able to capture ECGs during all kinds of motion and activity, we think this will be a game changer and significantly improve the early detection of cardiovascular disease,” said Manav Bhushan, co-founder and CEO of Fourth Frontier.

With this clearance, the company plans to enter the US market as a prescription based, class II medical device. Fourth Frontier will partner with Independent Diagnostic Testing Facilities (IDTFs) and cardiac rehabilitation centers to offer at-home remote monitoring services. In the near future, the company has plans to introduce AI algorithms which analyse the ECG for early diagnosis of different kinds of heart conditions, a potential breakthrough for people using the device in their everyday lives.

About Fourth Frontier:

Fourth Frontier is a pioneering health tech company that builds and offers products and services for monitoring and improving heart health for people across the world.
Cardiovascular disease is the leading cause of mortality across the globe. Despite its importance, affordable products and services to monitor and improve heart health from the comfort of the home have not been available to consumers. Fourth Frontier is committed to solving this important problem.
With over 150 million minutes of data, 120,000+ users, and a presence in 4,000+ cities across 50+ countries, the device is trusted by people who want to enhance their heart health and fitness.
To learn more about Fourth Frontier, please visit www.fourthfrontier.com, or follow us on Linkedin or Twitter.

Media Contact: pr@fourthfrontier.com

Photo: https://mma.prnewswire.com/media/2556495/Frontier_X_Plus.jpg
Logo: https://mma.prnewswire.com/media/2556496/Fourth_Frontier_Logo.jpg

 

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/R E P E A T — MEDIA ADVISORY- Governments of Canada and Northwest Territories to Make Critical Minerals Infrastructure Announcement/

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YELLOWKNIFE, NT, Nov. 8, 2024 /CNW/ – Michael McLeod, Member of Parliament for the Northwest Territories, will make a critical minerals infrastructure announcement on behalf of the federal Minister of Energy and Natural Resources, alongside Caroline Wawzonek Northwest Territories Deputy Premier, Minister of Finance, Minister of Infrastructure and Minister Responsible for the Northwest Territories Power Corporation. Media availability will follow.

Date: Wednesday, November 13, 2024

Time: 2 p.m. MT

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca.

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SOURCE Natural Resources Canada

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