AMP Robotics Named to Forbes AI 50
Company recognized among rising stars of artificial intelligence for its AI-guided robots transforming the recycling industry
“Earlier this year, we notched a milestone of ‘one billion picks’ over 12 months that demonstrates the productivity, precision, and reliability of our AI application for the recycling industry. It’s an honor to be deemed one of the country’s most promising AI companies, and we’re just getting started,” said
AMP’s technology recovers plastics, cardboard, paper, metals, cartons, cups, and many other recyclables that are reclaimed for raw material processing. AMP’s AI platform uses computer vision to visually identify different types of materials with high accuracy, then guides high-speed robots to pick out and recover recyclables at superhuman speeds for extended periods of time. The AI platform transforms images into data to recognize patterns, using machine learning to train itself by processing millions of material images within an ever-expanding neural network of robotic installations.
“We consider AMP a category-defining business and believe its artificial intelligence and robotics technology are poised to solve many of the central challenges of recycling,” said
AMP’s “AI 50” recognition comes on the heels of receiving a 2020 RBR50 Innovation Award from Robotics Business Review for the company’s Cortex Dual-Robot System. Earlier this year,
Since its Series A fundraising in November, AMP has been on a major growth trajectory as it scales its business to meet demand. The company announced a 50% increase in revenue in the first quarter of 2020, a rapidly growing project pipeline, a facility expansion in its
About AMP Robotics™ Corp.
AMP Robotics is applying AI and robotics to help modernize recycling, enabling a world without waste. The AMP Cortex™ high-speed robotics system automates the identification and sorting of recyclables from mixed material streams. The AMP Neuron™ AI platform continuously trains itself by recognizing different colors, textures, shapes, sizes, patterns, and even brand labels to identify materials and their recyclability. Neuron then guides robots to pick and place the material to be recycled. Designed to run 24/7, all of this happens at superhuman speed with extremely high accuracy. With deployments across
Source: AMP Robotics