According to Seegrid’s own study, these upgrades can cut material handling costs by 90%. Annually, this cost accounts for $120 billion. Contrary to common perception that these robots result in loss of job, Seegrid’s innovation created more job opportunities since the natural consequence of optimized material handling is ramped-up production.
Seegrid is a privately-held corporation and was established more than 10 years ago as a spinoff of Carnegie-Mellon Mobile Robot Lab. This increased Seegrid’s capability to scan for opportunities around. True enough, Seegrid was able to forge a partnership with Toyota, which is poised to use Seegrid’s technology in its own devices. This partnership opens Seegrid’s possibilities for international expansion.