Editor’s Note: Robotics Business Review’s coverage emphasizes innovation, including start-up companies (or ‘young’ companies). RBR “Start-Up Profiles” highlight individual start-up companies using a consistent, templated format that makes for quick, yet informed reading, that also simplifies comparative analysis.
Omnirobotic – Company Profile
|Country:||Canada||# of Employees:||19|
Founders – Francois Simard, Co-Founder & CEO, Laurier Roy, Co-Founder & CTO
Funding Status – The company recently closed a seed stage investment of US $5M and is not actively seeking new funding at this time.
(The) Shape-to-Motion technology uses a combination of 3D vision and AI to automatically generate unique robot motions for each manufacturer’s part, no matter their mix, position or ordinancing, and uses a Digital Twin of the manufacturers parts and environment to validate the best possible motion from thousands of candidates in near real-time.
Omnirobotic – Offerings Profile
Primary Target Markets – Manufacturing, Construction, Transportation
Technology / Product / Service(s) – Omnirobotic offers Shape-to-Motion™ Technology, a product which allows existing industrial robots to see, plan and execute high value-added industrial spray, coating and finishing processes. This technology uses a combination of 3D vision and AI to automatically generate unique robot motions for each manufacturer’s part, no matter their mix, position or ordinancing, and uses a Digital Twin of the manufacturers parts and environment to validate the best possible motion from thousands of candidates in near real-time.
Value Proposition – Omnirobotic’s technology drastically reduces the cost of robot programming for any manufacturer with a high mix of parts and processes, while increasing productivity and worker health and safety and reducing energy and consumables waste. .
Demand Drivers – Currently, more than 70% of manufacturers cannot use robots because they are classified as “high-mix”, meaning they have too much production variation to benefit from manual programming and location jigging. At the same time, most of these manufacturers have borne the brunt of a skilled labor shortage that has been decades in the making and has further not crested – even in light of record high unemployment. This technology allows them to increase productivity, decrease unit labor costs, displace workers to more attractive or less dangerous jobs and achieve higher quality output than ever before with minimal rework.
Currently, more than 70% of manufacturers cannot use robots because they are classified as “high-mix”, meaning they have too much production variation to benefit from manual programming and location jigging.
Omnirobotic – Business Model(s) and Competition
Business Model – The company offers a one-time purchase of peripheral equipment along with a SaaS model for Shape-to-Motion™ Technology. The customer is charged per 200 hours of robot function on an annualized basis.
Partners – The company is building partnerships with Robot OEMs and paint equipment manufacturers, but none is as yet officially announced.
Customers – We cannot name customers due to trade concerns, but Omnirobotic’s primary customer base has been in the aerospace sector up to this point, which has benefited in particular from the precision outputs and responsiveness to varied part mixes that the solution provides.
Competitive Landscape – There are no direct competitors to Omnirobotic for industrial spray and finishing processes. Path Robotics does provide a comparable “self-programming” solution in the welding space, while Flexiv and others are providing autonomous industrial capabilities in a variety of value-added processes respectively (not all in one).
Omnirobotic – Recent News
- Omnirobotic Closes Seed Round to Commercialize AI Platform for Factory Robots
- Omnirobotic Launches On-Site Testing for Industrial Painting Robot
- Start-up Profile – Veo Robotics
- The Hidden Costs of Autonomous Mobile Robots – And How to Avoid Them
- Considerations When Working With Prototyping Outsourcers
- Flexibility and Manufacturing Productivity: Part 1 – Inflexible Automation and its Consequences
- Flexibility and Manufacturing Productivity: Part 2 – Human Capabilities Overcome Technological Limitations