Robotics company SLAMcore raises $5M to bring spatial AI algorithms to market

  • Financing led by Amadeus Capital Partners
  • SLAM technology market value to reach $8bn by 2027*

28 September – London, UK – SLAMcore, a UK company developing spatial artificial intelligence (AI) algorithms for robots and drones, today announced that it has raised $5m in funding led by global technology investor Amadeus Capital Partners. Existing investors Mirai Creation Fund and Toyota AI Ventures joined the round alongside newcomers MMC Ventures and Octopus Ventures.

“The robotics revolution may seem just around the corner but there is still a big gap between the videos we see on the internet and real-world robots,” said CEO, Owen Nicholson. “SLAMcore is helping robot and drone creators to bridge the gap between demos and commercially-viable systems.”

To be truly useful, robots and drones require spatial intelligence, including the ability to accurately calculate their position, understand unfamiliar surroundings, and navigate with consistent reliability. The fundamental algorithms that achieve this spatial awareness are often referred to as Simultaneous Localisation and Mapping (SLAM). SLAMcore offers spatial AI solutions designed to easily integrate into existing platforms, allowing robotics companies to concentrate on delivering value to the end customer.

“It is a really exciting time for robotics,” said SLAMcore co-founder Dr Stefan Leutenegger. “We are seeing a convergence of geometric computer vision algorithms, availability of high-performance computational hardware, and Deep Learning. We are embracing this new world and will move quickly towards offering solutions for robots requiring an advanced level of understanding of their environment.”

Amelia Armour, Principal, Amadeus Capital Partners, said, “BIS Research estimates the global SLAM technology market to be worth over $8 billion by 2027. This funding round will enable SLAMcore to take its spatial AI solution to that growing market and we expect demand for its affordable and flexible system to be high. Having backed SLAMcore at the start, we’re excited to be investing again at this critical stage for the company.”

“Our initial product will calculate an accurate and reliable position, without the need for GPS or any other external infrastructure, but that is just the start,” said Owen Nicholson. “With this funding, we will also develop detailed mapping solutions capable of creating geometrically-accurate reconstructions of a robot’s surroundings in real-time, and understanding the objects within, utilising the latest development in Machine Learning.”

SLAMcore spun out from the Department of Computing at Imperial College London in early 2016 and closed its first funding round in March 2017. Headquartered in London (UK), the company has grown quickly to a team of 15 with a wide range of expertise in designing and deploying spatial algorithms for robots. For more information, please visit www.slamcore.com.

*Global SLAM Technology Market Anticipated to Reach $8.23 Billion by 2027, Reports BIS Research

Smith Corona Doubles Storage Capacity with the Completion of Second Poweracks Installation

  • First Poweracks installation in existing manufacturing and distribution facility completed in 2017
  • Second Poweracks installation doubles storage capacity of original Poweracks installation; completed in four weeks

Charleston, SC – September 12, 2018 – FLEXSPACE announced the completion of the second Poweracks installation in less than a year at Smith Corona’s Ohio manufacturing and distribution facility. The second Poweracks, high-density mobile racking system, will double the storage capacity of the original 2017 Poweracks installation. The second Poweracks installation was completed within four weeks with minimal business interruption.
The FLEXSPACE team again demonstrates with the second installation of Poweracks at Smith Corona’s existing facility, the ability to modify an existing warehouse space with its high-density mobile storage system.  “Increasing storage capacity with our semi-automated, high-density Poweracks system can easily and relatively quickly be accomplished in existing facilities,” says Todd Jessup, principal, FLEXSPACE.  “In this historic downtown location, Smith Corona has relied on Poweracks to continue to meet its growing business and storage needs without moving its operations and people”
FLEXSPACE will be exhibiting at PACK EXPO INTERNATIONAL co-located with HEALTHCARE PACKAGING EXPO, booth E-9032, taking place at McCormick Place in Chicago; October 14-17, 2018.  PACK EXPO INTERNATIONAL is indisputably the year’s most comprehensive packaging event on the continent—and the one that powers innovation like no other.
“PACK EXPO is where we first met the Smith Corona team,” continues Jessup. “PACK EXPO provides us with the unique opportunity to present how high-density storage solutions like Poweracks and our pallet shuttle, Ranger can positively impact their businesses with greater revenue potential, decreased operational and labor costs, and overall increased efficiencies.”
About FLEXSPACE 
FLEXSPACE is an innovative storage solution provider whose vision is to revolutionize industrial storage space across America. We excel at providing our clients with solutions that minimize energy demands, capital exposure, and impact to our Earth’s resources.
FLEXSPACE is also the exclusive North American partner to Storax, forming Storax America. To learn more, visit www.flexspace360.com 

Pick-by-Vision: Fiege Equips Another Location with Picavi Smart Glasses

The contract logistics pioneer Fiege is setting new standards in the field of pick-by-vision: The company, which already uses the Picavi solution, has now ordered 40 more pairs of smart glasses for its site in Worms. In addition, the Fiege branch in Großbeeren will now also be equipped with the smart glasses. Fiege has purchased more than a dozen from Picavi for its logistics center near Berlin. Picavi sees these projects as milestones in the company’s development.

Picavi’s Chief Sales Officer Carsten Funke puts a spotlight on the latest developments: “The new order for the warehouse in Großbeeren and the tripling of the number of glasses for the branch in Worms represent a huge step for our company,” he says. “There’s nothing better than when a satisfied customer backs up or expands the pick-by-vision solution to other locations. It is a clear signal that our product is working well in everyday life because it optimizes logistics processes.”

Fiege began to pick products such as power or garden tools with smart glasses for local customers in Worms almost a year and a half ago. Twenty pairs of Picavi smart glasses were recently in use there. “The efficiency gains achieved with the pick-by-vision solution have convinced us. For this reason, we are now equipping even more warehouse workers with smart glasses,” Michael Suden, Managing Director of Fiege Industry Logistics in Worms commented on the purchase of 40 more glasses.

The hands-free approach for order picking is also used in the Fiege branch in Großbeeren. “By using smart glasses, we want to reduce picking times and error rates through the visual guidance of warehouse staff,” says Martin Schacht, Branch Manager at Fiege in Großbeeren. “After the good experiences our colleagues in Worms had, we consider these goals to be realistic. We are pleased that smart glasses are becoming the second location in the Fiege world.”

“Because of the turnkey solution that we can offer, the integration phases are short-lived and so our customers can replace their old systems quickly. The training period needed for the workers is also very short due to the clear and always comprehensible display,” emphasizes Johanna Bellenberg, Director of Marketing and Communications at Picavi, who now has more than 50 successful pick-by-vision projects to her credit.

About Picavi GmbH

Picavi GmbH is an award-winning and well-recognised full-service provider with a 100 percent dedication of its intralogistics and wearable expertise to Pick-by-Vision solutions. By wearing smart glasses, a strict visual guidance through the complete picking process enables workers to maximize their productivity and minimize errors while working hands-free. Picavi is already being used by numerous logistics experts from a variety of sectors.

The German company is deeply rooted in the IT industry and in intralogistics. Picavi is an official Glass Partner, a Vuzix VIP Partner and connected to many other wearable providers, so the system works independently from the smart glass hardware. Clients worldwide can rely on a network of technology and sales partners such as DSA Systems in Northern America and WRH Global Australia for the Oceania region.

CEO Dirk Franke has over two decades of experience in the development and sale of software systems for paperless order picking. Alexander Voss, professor of applied informatics in Aachen, supports strategic product development and software quality assurance at Picavi as a consulting shareholder. A wide network of service, integration, technology and sales partners provides additional expertise.

Thanks to its practicality, the pick-by-vision solution was also awarded the IT Innovation Prize in the industry & logistics category by the Initiative Mittelstand association in 2016. In the same year, the IT and logistics specialist was one of three companies to be awarded the “Hidden Champion” prize in the “Vision” category by German news broadcaster n-tv.

Raymond Announces Model 5300 Order Picker for Light-Duty Applications

 The Raymond Corporation has introduced the new Raymond® Model 5300 orderpicker, providing a configuration for every application.

Raymond 5300 OrderpickerModel 5300 offers updated technology for enhanced truck performance and design features for improved efficiency and lower cost of ownership — particularly ideal for smaller operations with light-duty cycles. The new orderpicker will have a 24-volt battery and is available with two mast options:

  • Two-stage mast with a lift height of 241 inches and up to a 2,200-pound capacity.
  • Three-stage mast with a lift height of 240 inches and up to a 3,000-pound capacity.

With Raymond’s exclusive ACR System, operators will have more uptime, quicker acceleration and smoother directional changes on the Model 5300. The system also allows for fewer battery changes and advanced diagnostics, equating to reduced maintenance costs and lower total cost per ownership.

“To maximize productivity in today’s fast-paced industry, the Model 5300 will offer design versatility and affordability to better serve customers’ needs for light-duty, value-driven applications and single-shift pick throughput requirements,” said Shannon Curtis, product manager for orderpickers, Raymond.

In addition, product enhancements have been made to the Raymond Model 5500 and 5600 orderpickers, which are used for medium- to high-throughput and heavy performance applications. On both models, the lift and lower speeds have been improved, allowing for more picks per shift and increased productivity.

“These product line enhancements help us offer configurations for all applications, and our improved lift and lower speeds will move more product faster to keep pace with today’s heightened demands,” Curtis said.

Hyster Receives Grant for Fuel Cell Powered Container Handler for Port of Los Angeles

Hyster fuel cell zero emissionH

yster Company has announced the receipt of a grant from California Climate Investments (CCI) to support the development of a zero-emissions container handling truck powered by a Nuvera® fuel cell. The funding, awarded by the California Air Resources Board (CARB), part of CCI, the state of California’s climate change-fighting, cap-and-trade program, aims to help Hyster and its partners develop a zero-emissions container handler for an end-user in the Port of Los Angeles. To receive the award, recipients must meet defined business practices and overall rigorous performance measurement standards. These standards are reviewed and updated annually to represent the most critical business activities and performance excellence principles necessary to keep pace with evolving customer expectations and industry dynamics.

The Hyster® electric laden container handler entering development is intended to be powered by a Nuvera® fuel cell combined with a lithium-ion battery. This follows the news released in 2017 that a Hyster® H1150HD-CH container handling truck with fully electric motors and a large lithium-ion battery has entered the test phase.

“The right power option for a truck will always depend on the specific operation,” says Lyndle McCurley, Vice President, Big Truck Sales Americas for Hyster Company. “Whereas the large lithium-ion battery is expected to suit those applications with a medium duty cycle where opportunity charging is possible, we anticipate the truck powered by a battery re-charged by an onboard fuel cell will better suit the challenges of this particular end-user in the Port of L.A.”

The Hyster zero emissions top-loader with a fuel cell and lithium-ion battery has the potential to effectively support applications with higher power consumption and a heavy duty cycle as the truck is expected to operate for a full day before requiring hydrogen re-fueling. As the truck can also operate for longer before battery re-charging is needed, this also supports operations with irregular break periods, where it may not be practical to plan in battery charging throughout the day.

Hyster aims to offer the fuel cell and battery powered Container Handler with a choice of charging options. The model in development is expected to utilize fully integrated wireless fast charging. “Hydrogen and grid power provide complementary power solutions for ports,” says McCurley. “Where the requirements to power a fleet of electric Big Trucks are likely to exceed power capabilities of the grid, hydrogen may provide ports with readily available energy without a requirement for a high capacity electric charging infrastructure.”

“Electric charging for a large number of trucks during the day also adds complexity to overall work planning in the terminal, which can be avoided using hydrogen,” he continues, explaining that with hydrogen fuel cell technology, Hyster expects the Big Truck in development to offer ‘clean’ energy with zero emissions, as well as a low cost of ownership and comparable performance to its diesel equivalent.

The new fuel cell-powered truck is also expected to benefit from the patented Hyster energy recovery systems revealed earlier in 2018 at the TOC Europe event in Rotterdam, the Netherlands. By recovering and storing energy from lowering loads and braking, Hyster electric container handling trucks are expected to support an extended drive cycle, providing longer operating time before recharge is necessary. The innovative systems aim to increase uptime and profitability for port applications while also helping to reduce energy costs for charging.

Port and terminal operations that are interested in reducing their carbon footprint and total cost of ownership can visit Hyster at Breakbulk Americas 2018 in Houston Texas on October 2-4, 2018. Product and industry experts will be available to answer questions and discuss solutions that can be designed to meet any operations most challenging needs.

To follow the latest developments in zero emissions handling and for more information visit www.hyster.com and http://www.caclimateinvestments.ca.gov/.

Steel King Announces SK2000® Closed-Tube Roll Form Rack Systems

Fully welded tubular uprights give rack system superior impact and torsional resistance

Steel King Industries, Inc., a leading manufacturer of material handling products and systems for improving operational efficiency, announces the availability of SK2000 closed-tube roll form rack systems. The SK2000 features a fully welded tubular upright, giving the racks superior impact resistance over open-back style uprights and is ideal for a wide range of warehouse applications and markets including food and beverage, retail, agriculture, and automotive. Because the SK2000 is roll-form steel, it is cost-effective for small storage applications, and has the strength and durability to provide the framework for a multi-level pick module/distribution center.

The strength of the SK2000’s closed tube beams and upright rack frames make each rack system safer and more functional. Independent engineering tests have confirmed that, when compared to open back column, SK2000® pallet racking has 250% greater frontal impact strength, 68% greater side impact resistance, and 44 times greater torsional strength (resistance to twisting).

SK2000 columns have a unique 90 degree bend and no corner holes. The SK2000 is a boltless rack system with teardrop connections and auto-engaging safety locks, meaning that it can be assembled without tools. Easy, boltless assembly of the system enables more flexibility for any future adjustments. “Depending on future needs, with boltless assembly you can add the pick module, move it, or build another as needed,” explains Kyle Arndt, a Werner Electric Supply project manager.

Columns are available in multiple sizes and thicknesses according to application needs. The system’s braces and step beams are made from the same high strength closed tubing as the columns and are available in many profiles and lengths. Bracing is secured with full fillet weld, which in many cases is four times more weld than competing rack systems. The SK2000’s three-rivet connection offer 26% greater strength than a two-rivet connection. In addition, the SK2000 is made with 100% U.S. steel.

Steel King also offers additional safety and durability accessories for the SK2000 rack systems, such as factory-installed Column Core inserts that can stand up to even the most demanding applications with frequent forklift loading and unloading, and therefore the greatest risk of collision.

For more information about Steel King and the SK2000 closed-tube roll form rack system, visit: https://www.steelking.com/products/pallet-rack-boltless-closed-tube/.

Food Logistics Recognizes Crown as Top Green Provider

NEW BREMEN, Ohio (August 1, 2018) – Food Logistics has recognized Crown Equipment Corporation, one of the world’s largest material handling companies, for its sustainability efforts within the food and beverage industry for the second year in a row. The recipients of the Top Green Provider award are chosen annually by Food Logistics’ editorial staff and advisory board.

“It is gratifying to see Crown’s efforts to minimize waste, minimize energy use and maximize facility and product lifespan earn this recognition,” said Brian Duffy, director of corporate environmental and manufacturing safety, Crown Equipment. “These efforts form the basis of Crown ecologic™, our core sustainability program that focuses on social, environmental and economic improvements. These improvements can impact not only our own operations but also those of our customers around the world.”

Crown has recorded many achievements in promoting sustainability including the attainment of zero landfill status for five of its North American facilities, the elimination of thousands of metric tons of greenhouse gases through transportation improvements and the reclamation of more than one-half million square meters of brownfield space around the world.

The design of Crown’s lift trucks is also a key initiative in its focus on sustainability. Crown lift trucks are designed to use fewer parts, require less maintenance and produce less waste throughout their lifetime. In addition, many Crown lift trucks are given a second life through the company’s Encore program, in which forklifts are inspected, repaired and fully revitalized with Crown Integrity Parts. These initiatives create both environmental and economic advantages for Crown’s customers and the communities in which they operate.

Crown has also been recognized as a three-time recipient of the Ohio EPA’s Encouraging Environmental Excellence gold-level award, which acknowledges organizations that exceed regulatory obligations and commit to long-term strategies to reduce waste, lower emissions and improvement environmental performance. In total, the company has received more than 20 sustainability awards since its first in 1991.

For more information on Crown’s corporate ecologic program focused on smart business and environmental sustainability, including environmental initiatives and achievements, download a copy of its newly-released ecologic Report.

KION Group confirms positive trend with a sharp rise in orders

  • Sustained high demand in fast-growing core markets
  • Supply Chain Solutions attracts record level of new orders worth EUR874.2 million in the second quarter
  • Total value of order intake for the Group rises by 23 percent to EUR2.424 billion; with EUR3.060 billion, order book up significantly on December 31, 2017
  • Revenue increases by 1.5 percent to EUR2.031 billion
  • Adjusted EBIT margin stands at 9.2 percent
  • Net income for the period of EUR79.3 million
  • Significant negative foreign exchange effect among others from US dollar
  • Outlook for 2018 confirmed

Frankfurt/Main, July 26, 2018 – The KION Group benefited from sustained strong growth in the markets for industrial trucks and supply chain solutions in the second quarter of 2018. The Group’s order intake rose by a substantial 23 percent to EUR2.424 billion, one of the main contributors being its project business for automated systems. At EUR3.060 billion, the order book was up significantly compared with December 31, 2017 (EUR2.614 billion). Revenue rose by 1.5 percent to EUR2.031 billion in the second quarter. The share of consolidated revenue attributable to the service business increased from 39.2 percent to 41.6 percent.

Adjusted EBIT came to EUR187.0 million, which was below the figure for the prior-year period of EUR210.4 million. This KPI was affected by wage cost increases, higher prices for materials, production inefficiencies caused by bottlenecks at individual suppliers, and negative currency effects. The adjusted EBIT margin thus declined to 9.2 percent (Q2 2017: 10.5 percent). Second-quarter net income amounted to EUR79.3 million, a 24.6 percent fall compared with the second quarter of 2017.

Over the first six months of 2018, KION increased its order intake by 11.9 percent to EUR4.309 billion (foreign exchange effect: – EUR159.8 million). Revenue rose by 1.9 percent to EUR3.874 billion (foreign exchange effect: – EUR151.2 million). Adjusted EBIT came to EUR344.9 million, which was 4.7 percent lower than the figure for the prior-year period (foreign exchange effect: – EUR14.3 million). The adjusted EBIT margin was 8.9 percent (H1 2017: 9.5 percent). Net income rose by 2.1 percent to EUR147.7 million. Earnings per share for the first half of 2018 therefore stood at EUR1.26 (H1 2017: EUR1.30). Free cash flow came to EUR9.0 million in the first six months due to a temporary rise in inventories (H1 2017: EUR143.0 million).

“Our record order intake in the second quarter confirms our excellent positioning in fast-growing core markets. The growth drivers remain intact both for industrial trucks and in the supply chain solutions market, ensuring sustained high demand,” said Gordon Riske, Chief Executive Officer of the KION Group. “By appointing Susanna Schneeberger as our Chief Digital Officer with effect from October 1, 2018 and launching our Digital Campus, we are putting great emphasis on aligning our business with the areas that will dominate the future of our industry. At the same time, we are continuing to invest heavily in strategic projects and technologies in the fields of mobile automation, robotics, and new digital solutions that enable the connectivity of industrial trucks. We want to continue offering our customers the best solutions in our industry.”

The global market for industrial trucks experienced strong growth across all regions, with the number of new trucks ordered rising by 15.4 percent in the first half of 2018. As before, the rapid expansion of the e-commerce sector and the increasing use of Industry 4.0 technologies are shaping the market for warehouse systems and automation solutions. Many companies continue to expand and optimize their warehouse capacities and invest into automated warehouse systems.

Segment performance in detail

Orders in the Industrial Trucks & Services segment (forklift trucks, warehouse technology, and related services) increased to around 57,000 units in the second quarter, while the total value of order intake rose by 2.2 percent to EUR1.546 billion. Over the first six months, order intake grew at a rate of 3.5 percent to reach EUR3.032 billion. Revenue rose by 3.7 percent to EUR1.450 billion in the second quarter and amounted to EUR2.818 billion in the first half of 2018. Adjusted EBIT for the second quarter of 2018 amounted to EUR148.2 million, a year-on-year drop of 7.0 percent. This was due to wage cost rises, higher material prices, and inefficiencies resulting from bottlenecks at individual suppliers. The EBIT margin was 10.2 percent (Q2 2017: 11.4 percent). For the first six months of 2018, adjusted EBIT came to EUR284.2 million, which almost matched the figure for the first half of 2017 of EUR286.4 million. The adjusted EBIT margin stood at 10.1 percent (H1 2017: 10.6 percent).

The value of order intake in the Supply Chain Solutions segment increased sharply in the second quarter of 2018, rising by 93.3 percent to EUR874 million. In the first half of the year, order intake thus grew by 39.0 percent to EUR1.270 billion. Excluding significant adverse currency effects amounting to EUR38.7 million, second-quarter revenue rose by 3.0 percent. Taking these currency effects into account, however, revenue fell by 3.5 percent to EUR578.8 million. Revenue for the first six months amounted to EUR1.049 billion. This equates to a decrease of 3.0 percent. Normalized for currency effects, revenue was up by 5.5 percent compared with the first half of 2017. In the second quarter, adjusted EBIT decreased by 19.7 percent year on year to EUR51.5 million. This was due, in particular, to the negative impact of the US dollar exchange rate as well as underutilization of project-related personnel capacity resulting from delays in the awarding of projects by customers during recent quarters. The adjusted EBIT margin stood at 8.9 percent. In the first six months, adjusted EBIT amounted to EUR86.5 million, resulting in a margin of 8.2 percent (H1 2017: 9.1 percent). Excluding foreign exchange effects of – EUR12.5 million it matched the figure for the first half of 2017.

Outlook

Despite temporary bottlenecks at individual suppliers and the related production inefficiencies in the Industrial Trucks & Services segment, the KION Group expects to achieve the outlook for the year as published in the 2017 combined management report. In 2018, the KION Group aims to build on its successful performance in 2017 and, based on the outlook for market growth, achieve further increases in order intake, revenue, and adjusted EBIT.

The order intake of the KION Group is expected to be between EUR8,050 million and EUR8,550 million. The target figure for consolidated revenue is in the range of EUR7,700 million to EUR8,200 million. The target range for adjusted EBIT is EUR770 million to EUR835 million. Free cash flow is expected to be in a range between EUR410 million and EUR475 million. The target figure for ROCE is in the range of 8.7 percent to 9.7 percent.

Order intake in the Industrial Trucks & Services segment is expected to be between EUR5,950 million and EUR6,150 million. The target figure for revenue is in the range of EUR5,700 million to EUR5,900 million. The target range for adjusted EBIT is EUR650 million to EUR685 million.

Order intake in the Supply Chain Solutions segment is expected to be between EUR2,100 million and EUR2,400 million. The target figure for revenue is in the range of EUR2,000 million to EUR2,300 million. The target range for adjusted EBIT is EUR180 million to EUR215 million.

The outlook is based on the assumption that material prices and the exchange rate environment will remain broadly the same as at the time the outlook was prepared.

Actual business performance may deviate from the outlook due, among other factors, to the opportunities and risks described in the 2017 combined management report. Performance particularly depends on macroeconomic and industry-specific conditions and may be negatively affected by increasing uncertainty or a worsening of the economic and political situation.

KION Group key performance indicators for the second quarter and for the first half-year, which ended June 30, 2018

EUR millionQ2 2018Q2 2017*DifferenceH1 2018H1 2017*Difference
Order intake2,424.01,970.523.0%4,309.03,852.311.9%
Revenue2,031.12,001.31.5%3,874.43,802.31.9%
Order book[1]3,060.22,614.617.0%
EBITDA[2] 
EBITDA[2] margin
377.0
18.6%
387.7
19.4%
-2.8%717.8
18.5%
709.8
18.7%
1.1%
EBIT[2] 
EBIT[2] margin
187.0
9.2%
210.4
10.5%
-11.2%344.9
8.9%
362.0
9.5%
-4.7%
Net income for the period79.3105.2-24.6%147.7144.72.1%
Free cash flow[3]-3.757.9<-100%9.0143.0-93.7%
Employees[4]
(FTEs, incl. apprentices/trainees)
32,30931,6082.2%

 

[1] Figure as at June 30, 2018 compared with December 31, 2017.

[2] EBIT and EBITDA adjusted for purchase price allocation items and non-recurring items.

[3] Free cash flow is defined as cash flow from operating activities plus cash flow from investing activities

[4] Number of employees stated in full-time equivalents as at June 30, 2018 compared with December 31, 2017.

* Key figures for 2017 have been adjusted because of the first-time adoption of IFRS 15 and IFRS 16.

Next Generation RFID and IoT Forklift Reader for the Most Demanding Warehouse and Logistics Applications

The intelligent Forklift Reader from Venture Research can autonomously manage a pick, drop, stack and move operation using an array of RFID and IoT sensors.

PLANO, Texas — July 25, 2018 —  Venture Research, Inc., a leading global supplier of RFID and IoT solutions has announced the next generation ofIndustrial Forklift Readers. The Venture Research solution is designed from the ground up to withstand both indoor and outdoor harsh environments of forklift usage with its IP65 rating while incorporating the state of the art in RFID and IoT technology. With the swappable rechargeable Li-ion battery, the reader can be quickly installed to full operation in just 5 minutes on a standard type 2 or type 3 carriage forklift.

The Forklift Reader can sense its environment and autonomously manage the complete pick, drop and stack operations while providing store and forward transactions directly to the cloud via Wi-Fi or optional Cellular communications. Built-in location tracking incorporating GPS, RFID, and IoT (BLE) provides positional awareness of the forklift in real time.

An extensive array of options including support of up to 8 additional antennas, front facing camera, Vehicle Mount Terminal (VMT) support, GPIO, CAN Bus interfacing and flexible power options round out the extensive built in features.

Key features of the rugged RFID system for forklifts include:

  • IP65 rating protects from harsh environments
  • Integrated RFID reader and dual antenna array in a single enclosure
  • 12V to 36V integrated power conditioner/regulator for forklift provided battery power
  • Integrated Li-Ion swappable rechargeable battery provides 9 hours of continuous use
  • Height sensor to provide stacking and rack placement
  • Front facing distance sensor for accurate pallet sensing
  • Visibility indication with red, yellow and green LED indicators
  • Dual band 802.11a/b/g with Enterprise Wi-Fi® support,
  • RS232 console, or optional cellular connectivity
  • Directly compatible with Type 2 or Type 3 carriage standards
  • Built-in GPS
  • Integrated positional tracking using BLE
  • Supports up to 8 additional RFID antennas
  • Real-time support available 24/7, 365 days

For over 20 years, Venture Research Inc. has been providing end to end solutions for customers in the area of supply chain automation and asset management with specialization in RFID and IoT. The Company’s products and services have been deployed in over 1,000 installations in 28 countries on 6 continents. Venture Research provides state of the art solutions to the Aerospace, Department of Defense, Manufacturing, Pharmaceutical, Distribution, Security, Document Tracking, Waste Management, and specialty tracking industries and has been an industry consultant related to the technology, processes and methodology to embed RFID and IoT sensors in existing processes. Visit: www.ventureresearch.com

Jungheinrich Virtual Reality Training Wins Immersive Learning Award

  • Entire fleet of forklift trucks can be presented as near life-like 3D model
  • Ability to learn from mistakes with no risk involved
  • Virtual training can take place anywhere, any time

forklift virtual reality training

Hamburg: Jungheinrich has won gold in the “Customer Project” category of the Immersive Learning Award 2018. The jury found that the use of virtual reality (VR) in the Jungheinrich Training Centre clearly demonstrates how new technologies can bring quick and effective success in a learning environment. The Hamburg-based intralogistics expert uses VR to provide initial and further training for its after-sales service engineers across the whole of Europe. As part of the award-winning VR training, these engineers are placed in a virtual warehouse environment where they can gain in-depth experience of selected Jungheinrich forklift trucks in a variety of working situations. This enables trainees to practise a wide range of scenarios in a safe space without the risk of property damage or personal injury. Jungheinrich has succeeded in boosting the flexibility of the training it provides while also making considerable savings in terms of time and travel expenditure.

Thomas Diwan, head of the Jungheinrich Training Centre, explains: “Those taking part in the training completely forget that they are in a virtual environment. Everything seems perfectly real. Experience has shown that actions learned as part of the VR training are performed much better in real applications later on and error rates are vastly reduced. Jungheinrich is therefore planning significant expansion of its VR training. The award is additional proof that we are on the right track.”

The idea for the VR training came from two Jungheinrich employees as they were playing computer games. Together with colleagues, they developed a practical concept for using virtual reality within training. This involves trainees wearing special glasses to view a virtual warehouse environment. The various training units enable them to view selected forklift trucks from all sides, operate functions, take a look inside and make repairs with the appropriate tools. The entire fleet of Jungheinrich forklift trucks can be represented as an actual-size 3D model where every component can be individually disassembled. It is also possible to go through logistical functions and processes in close-to-real conditions. Virtual reality therefore makes it possible to learn from your mistakes with no risk involved.