CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Omnirobotic receives $500k investment to boost its robotics solutions

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Omnirobotic is looking to expand its product lineup, which includes the Plate Grinding Assistant picture above, offering autonomous grinding for preparing steel plates for welding. PHOTO courtesy Omnirobotic.

Laval, Quebec’s Omnirobotic, a robotics automation company, has finalized financing of $500k to commercialize Autonomous Robotic Machines driven by Omnirobotic’s proprietary platform, AutonomyOS.

Omnirobotic says the funding will enable it to expand its Autonomous Robotic Machines product line-up so that it can better serve manufacturers struggling with labor shortages in high-mix production environments.

In 2023, the company changed its business model to become a machine builder, selling robotic equipment built on its AutonomyOS platform. This transformation resulted in the restructuring of the company in June of last year. Investissement Québec, as a representative of the government of Québec supported Omnirobotic in this transition, restructuring the company’s debt, while existing strategic investors, the management, and all the remaining employees injected new liquidities.

“Building autonomous machines allows Omnirobotic to address the need for skilled labor at scale. This model has proven to be much more effective at deploying AutonomyOS™ at scale,” said Omnirobotic CEO & Founder Francois Simard. “We sold in 6 months more machines than forecast for a year. Manufacturers want to buy proven solutions, not automation projects. Developing standard machines that they can try before they buy proved to be the right approach to getting SMEs to adopt new automation technology.”

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