|Credit: Evolution Robotics, Mint|
Evolution Robotics develops state-of-the-art robotics solutions, and partners with original equipment manufacturers to integrate those technologies into new and more intelligent products. The line of products for businesses include: NorthStar® — a low-cost, hardware and software localization solution that enables mobile devices to navigate more intelligently in indoor environments. The NorthStar system brings advanced localization performance at costs suitable for the consumer products industry.
ERSP® — a complete software development platform for organizations with their own engineering teams. Available for Linux or Windows, ERSP provides core infrastructure, computer vision (based on ViPR® technology), complete autonomous navigation with vSLAM® and human-robot interaction modules.
ER will contribute with an estimated net revenue of $4-6M in Q4 2012 and $22-24M in 2013. ER domestic revenue is expected to be 97% of 2012 sales. International sales to date are limited. 65% of ER's 2012 revenue comes from current iRobot domestic accounts. ER currently utilizes 2 contract manufacturers in China.