Acquisition offers Rockwell end-to-end autonomous manufacturing logistics options
MILWAUKEE – Rockwell Automation, Inc. (NYSE: ROK), the world’s largest firm devoted to industrial automation and digital transformation, at the moment introduced it accomplished its acquisition of Ontario, Canada-based Clearpath Robotics Inc., a frontrunner in autonomous robotics, together with autonomous cellular robots (AMRs) for industrial functions.
The acquisition consists of Clearpath Robotics’ namesake analysis division, a frontrunner in growing autonomous expertise for the innovation market, and the commercial division OTTO Motors, which offers AMRs, the following frontier in industrial automation and transformation. Each divisions report back to Rockwell’s Clever Gadgets working phase.
“We’re delighted to welcome the Clearpath Robotics and OTTO Motors groups to Rockwell,” stated Blake Moret, Chairman and CEO, Rockwell Automation. “This acquisition marks a turning level for our clients world wide. Rockwell is simplifying and remodeling the troublesome but vital perform of fabric dealing with all through the manufacturing plant with an end-to-end manufacturing logistics answer. Manufacturing logistics is essential to optimizing operations throughout a whole facility and bringing the Linked Enterprise to life.”
OTTO Motors can be featured at Rockwell’s Automation Truthful, the world’s premier industrial automation and digital transformation occasion, Nov. 6-9 in Boston, the place clients will see firsthand the numerous impression that AMRs may have on productiveness and security throughout operations.
In response to Work together Evaluation, the marketplace for AMRs in manufacturing is predicted to develop about 30% per yr over the following 5 years, with an estimated market dimension of $6.2 billion by 2027. This acquisition is predicted to contribute a share level to Rockwell’s fiscal yr 2024 income development.
“Not solely do AMRs join islands of automation; they’re usually one of many ultimate main parts that assist producers obtain autonomous manufacturing logistics, enabling vital worth creation for the producer and their clients,” stated Amar Mehta, EY Americas Technique and Transactions Superior Manufacturing Chief. “Rockwell is a frontrunner in the important thing {hardware}, software program, and companies which can be wanted to combine AMRs into a producing plant. With this acquisition, Rockwell enhances its capacity to take producers on a full end-to-end digital transformation for his or her manufacturing environments.”
About Rockwell Automation
Rockwell Automation, Inc. (NYSE: ROK), is a worldwide chief in industrial automation and digital transformation. We join the imaginations of individuals with the potential of expertise to develop what’s humanly doable, making the world extra productive and extra sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs roughly 28,000 downside solvers devoted to our clients in additional than 100 nations. To study extra about how we’re bringing the Linked Enterprise to life throughout industrial enterprises, go to www.rockwellautomation.com.
OTTO Motors by Rockwell Automation
OTTO Motors by Rockwell Automation is a worldwide chief in autonomous expertise for materials dealing with inside manufacturing and warehouse services. With over 5 million hours of manufacturing expertise, OTTO autonomous cellular robots (AMRs) are trusted in mission-critical operations for among the world’s most acknowledged manufacturers. OTTO Motors was acknowledged as one among Quick Firm’s Most Progressive Robotics Firms of 2023. For extra data, go to ottomotors.com.
Clearpath Robotics by Rockwell Automation
Clearpath Robotics by Rockwell Automation is a worldwide chief in unmanned automobile robotics for analysis and growth, and offers {hardware}, software program, and companies to allow cellular robotics product deployment and operation. Clearpath works with over 500 of the world’s most modern manufacturers in over 40 nations, serving markets that span mining, army, agriculture, aerospace, and academia. Clearpath was acknowledged as a Robotics Enterprise Evaluation’s RBR50 Robotics Innovation Awards 2023 Winner. For extra data, go to clearpathrobotics.com