Realtime Robotics
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Realtime Robotics' Products
Realtime Robotics offers a suite of advanced products designed to optimize robotic operations and autonomous vehicle movement. Key products include RapidPlan, a tool for automatic path planning and multi-robot control, and the Process Simulate Plugin, which accelerates design with automatic path planning and interlocks. Another significant offering is RapidSense, enabling real-time motion planning and obstacle avoidance in dynamic environments. These products are designed to integrate seamlessly with existing systems, facilitating significant reductions in cycle time and increases in throughput. For example, Schaeffler nearly doubled their throughput while reducing footprint using RapidPlan, and FFT used it to program 2,500 welding points per robot.
Realtime Robotics' Services
Realtime Robotics provides specialized services aimed at optimizing path planning and cycle time for robotic operations. Their Optimization-as-a-Service leverages proprietary software to evaluate hundreds of thousands of permutations and find the shortest cycle time without impacting existing processes. This service has proven effective, with Valiant TMS using it to reduce an Automotive OEM's cycle times by 17%. Additionally, their technology supports rapid, autonomous, collision-free path planning and robot control from cell design to runtime, enhancing operational efficiency and productivity.
Realtime Robotics' Key Integrations
Realtime Robotics has integrated its technology with industry-leading platforms to expand its capabilities. Notably, the Process Simulate Plug-In integrates with Siemens Tecnomatix to provide autonomous path planning and interlock generation, making the design process faster and more efficient. The company has also partnered with Kawasaki Robotics to automate programming, deployment, and control of industrial robots. These integrations enable seamless operation across various industrial settings, ensuring that their solutions can be adapted to meet diverse operational requirements.
Realtime Robotics' Industry Impact
Founded with the goal of transforming robotic and autonomous vehicle movements, Realtime Robotics has made significant strides in the industry. The company's proprietary software and industrial automation expertise enable substantial reductions in cycle time and increases in throughput. Their technology generates and runs robots through optimized motion plans and interlocks to achieve the shortest possible cycle time in multi-robot cells. Companies like Valiant TMS and Schaeffler have reported drastic improvements in their operations, showcasing the effectiveness of Realtime Robotics' solutions.
Realtime Robotics' Funding and Growth
Realtime Robotics has experienced substantial growth since its inception, marked by significant funding milestones. The company completed a $31.4 million Series A funding round in 2021, contributing to a total of $57 million raised. This financial backing has supported their expansion, including the opening of offices in Berlin, Germany, and Tokyo, Japan. In 2023, Realtime Robotics became an official BMW Group supplier, further solidifying their position in the industry. The company’s extensive intellectual property portfolio includes 22 unique invention disclosures, 88 national applications, and 18 awarded patents, underscoring their innovative capabilities.