Addverb Gets $1billion Robot Order From Reliance Industries

According to a report as Newly-acquired Addverb Technologies has received orders worth around $1 billion, spread over four to five years, from Mukesh Ambani-led Reliance Industries for robots with 5G technology.

Reliance Retail picked up a majority stake in the Noida-based robotics startup for $132 million last month.

The startup is an intra-logistics automation solution provider. It builds robotics and automation solutions for factories and warehouses, the report said.

The robots will be deployed in Reliance Industries (RIL’s) Jamnagar refinery, a TOI report quoting sources said. They can be operated out of Mumbai, which will allow RIL to experiment with 5G tech.

Addverb said that a tagging inventory consisting of a fleet of Dynamo 200 bots is being used for intra-logistics operations inside the plant at Jamnagar. The bots are virtually connected through a 5G network and is controlled through Legion, its fleet management system hosted over the remote server located in Ahmedabad, the report said.

In addition, a fleet of Dynamo series of bots with one ton payload capacity, virtually connected over the 5G network, have been used for bagging line automation, where they fetch the pallets of refinery bags. (Economic Times)