The nation’s largest home-grown robotic and automation options firm, Addverb Technologies, has unveiled  India’s first-ever Assistive Dog robotic, a collaborative robotic (cobot) a sophisticated medical cobot for rehabilitation and imaging.
Addverb”s Assistive Dog robotic, Trakr operates autonomously and carries out surveillance, facility inspections, and patrols for safety, development, oil exploration and defence sector. Heal, a medical cobot marks  Addverb’s entry into healthcare robotics. It is a human-robot interplay for bodily and rehabilitation remedy for stroke sufferers. It can also be able to distant imaging procedures like ultrasound and MRI scans. 

Addverb additionally launched, Syncro, which has been engineered to work alongside people in shared house, for office collaboration and productiveness in factories and warehouses. Reliance Industries-backed Addverb began with warehouse and industrial automation in India and has forayed into the worldwide markets. Addverb obtained $ 132 million from Reliance in 2022 and Series A funding of $ 10 million in 2018 from Jalaj Dani of Asian Paints and GAIL, amongst different buyers. 

These launches are a part of the corporate’s manufacturing growth plans and diversifying into new segments. Addverb plans to foray into airport automation with autonomous autos and robots to deal with baggage. Sangeet Kumar, co-founder and CEO, Addverb, mentioned with these new merchandise, they have been exploring new prospects within the robotics and automation house.  Trakr’s agility, Heal’s precision and Syncro’s collaborative prowess and adaptableness in manufacturing would redefine operational requirements and form future automation, he mentioned.

Satish Shukla, co-founder, Addverb Technologies, when enterprise is rising and doing 10x to 100x enterprise, firms can’t have a set line and stuck robotic. They want  it to be extra versatile and one thing that may work with people, and a collaborative robotic will assist line change and manufacturing capabilities primarily based on the enterprise want., Shukla mentioned. 

The cobot market is poised for substantial progress and is projected to extend from $ 1.2 billion in 2023 to almost $ 7 billion by 2029.  Addverb is aspiring to succeed in a turnover of Rs 6,000 crore by 2026, with progress anticipated from each the Indian and export markets, Shukla mentioned.

The firm has additionally invested in geographical growth within the US, Europe, Australia and the Middle East.  “We already have a base in Europe. Due to labour shortage, there is a lot of demand for automation. Our products have been proven in the last five years, I think these are the factors that are going to drive the boom in the entire warehouse automation category,” Shukla mentioned.

“There is no like-to-like competitor of ours. If you see, our product portfolio is wide. There is no like-to-like competitor for us,” says Shukla. 

There are world firms like Swisslog. Dematic,  Japanese firms similar to  Armstrong, Daifuku, US firm, Bastian. Adverb competes with a few of these firms. A various product portfolio is a differentiator for them, provides Shukla.
Addverb has the nation’s largest robotic manufacturing plant in Greater Noida with a capability to make one lakh models and considered one of their software program growth centres is predicated in Pune.  Addverb works with FMCG, vogue, e-commerce, oil refinery, paints, chemical substances, retail automotive client durables sectors.