Robotics Startup Modbot Partners with Siemens

Saroya Whatley | November 14, 2016

Robotics Startup Modbot Partners with Siemens

SAN FRANCISCO — November 14th, 2016 — Modbot announced today that the San Francisco based robotics startup has partnered with Siemens. The two companies will engage in a pilot program together, in which the startup will deliver a robotic solution for a current factory use case based on the Modbot modular platform.

“When we first met Modbot in late 2014 it was clear that their modular platform could provide unique value to Siemens,” said Osama Idrees, Senior Innovator at next47. “We found the perfect use case in one of our factories in Germany where we will be able to demonstrate the reduction of health risk and increase of efficiency together with Modbot.”

The robotic solution will be installed on the ground floor of one of the Siemens manufacturing facilities based in Nuremberg, Germany. The partnership will extend through to the next47, the new Siemens unit devoted to introducing startups and their new technologies to the greater Siemens organization.

“The partnership between Modbot and Siemens yields a unique opportunity for both parties,” said Daniel Pizzata, co-founder of Modbot. “For us, engaging in this pilot provides us with learnings that we can implement directly into our design process for our product. We’re looking forward to working with Siemens and implementing our solutions into their factories.”

Modbot is a rapid robot development platform making robotics massively accessible. With both modular hardware and a software solution, the Modbot platform delivers versatility and simplicity to the user with the power and precision of high-end machinery.

About Modbot

Founded in 2013, Modbot is the first modular robotics platform. Modbot delivers industrial quality robotics at affordable prices accessible to not only larger manufacturing firms but also educational institutions, and individual consumers. Using a system of reusable modules that snap together to create a variety of robotic configurations, the Modbot platform services many different applications. Once the robot is assembled, the software allows the user to not only program the robot, but also track data analytics, create a 3D environment and generate User Interfaces. For more information, please visit: http://www.modbot.com.

About Siemens/next47

Siemens Corporation is a U.S. subsidiary of Siemens AG, a global powerhouse focusing on the areas of electrification, automation and digitalization. One of the world’s largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis.

Established in 2016 next47 is partnering with outstanding minds to advance transformational ideas and turn them into global enterprises. next47 presences in major tech hubs around the world positions it to redefine the fields of Artificial Intelligence, Autonomous Machines, Blockchain Applications, Connected (E-)Mobility and Distributed Electrification.

Independently operating, yet connected to Siemens, next47 partners can profit from a global ecosystem, providing access to markets, customers and data in more than 200 countries. With sustained financial strength and the experience of hundreds of successful partnerships, the next47 team acts as a mentor, adviser or investor to creative entrepreneurs, start-ups and established companies.

Contact Information:

Saroya Whatley

Marketing & Operations Manager

saroya@modbot.com

www.modbot.com

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