Profile: Adept Technology Inc (ADEP.O)

ADEP.O on Consolidated Issue listed on NASDAQ Capital Market

7.10USD
24 Oct 2014
Price Change (% chg)

$0.10 (+1.43%)
Prev Close
$7.00
Open
$7.02
Day's High
$7.50
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$6.90
Volume
107,008
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218,510
52-wk High
$21.90
52-wk Low
$6.40

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Adept Technology, Inc. (Adept), incorporated on August 17, 2005, is a provider of intelligent robots and autonomous mobile solutions and services. The Company’s product range includes application software, integrated real-time vision and multi-axis motion controls, machine vision systems and software, autonomous navigation software and controls, industrial robots and grippers, autonomous service robots, intelligent automated guided vehicles and advanced vision-based flexible parts feeders. It operates in two segments: Robotics and Services and Support. The Company’s offering combines its motion controls systems with application software, which it sells together with its own vision-guidance technology and/or its robot mechanisms. Its business is focused on delivering intelligent, flexible automation products, solutions, components and services for assembly, packaging, warehousing and logistics, automated transportation, material handling inspection and lab automation applications.

Robotics Segment

The Company is developing intelligent robotics and advanced control systems. Its systems are designed for easy integration, deployment and use. The Company offers a industrial robotic control system that combines tightly integrated vision, motion control and geometric object recognition. It robotic offerings are organized under 3 categories, which include Core; MobileRobots, and Packaging Solutions. The 4-axis Cobra family of robots, which are SCARA Selective Compliance Assembly Robot Arm (SCARA) robot mechanisms designed for assembly and material handling tasks; Adept Quattro parallel robots for packaging, assembly and loading/unloading applications; Adept Viper 6-axis articulated robots for precision assembly; Modular Adept Python single axis robot mechanisms that are configurable by the user; Adept Courier , a small autonomous vehicle that simplifies the everyday task of moving goods, materials, samples, or parts around an office or production environment; Adept MT400, an intelligent mobile robotic platform that combines the payload capable mobile base with an on-board motivity controller and software for automatic map generation and guidance, and Adept PAC and SoftPIC, a machine platform and grippers for loading and packaging jobs in the food industry.

The Company utilizes its portfolio of motion controllers, application development software, vision-guidance technology, autonomous platform design, AGV fleet management technology and robot mechanisms to deliver automation solutions. The Company offer its customers automation systems that reduce the time to design, engineer and launch products into high-volume production, autonomously transport materials within an unstructured environment or perform repetitive tasks requiring a high degree of precision. The Company also enables manufacturers to coordinate multiple Adept robots with one controls system, using its digital servo network distributed controls architecture based on the industry standard, IEEE-1394 FireWire network.

The Adept SmartController CX is an ultra-compact robot and vision controller based on its SmartServo distributed architecture. The Adept SmartServo distributed servo control network seamlessly integrates motion control for up to 24 axes, vision guidance and inspection, and real-time networking and communications functions. The Company’s AdeptVision family offersintegrated machine vision products that are used for robot guidance and inspection applications. AdeptSight integrates personal computers (PC)-based vision with its robotic and motion control product and is designed to work seamlessly with its overall product line of robots, making the development and use of vision location, guidance and inspection applications simpler, faster, and more powerful. Based on its object locating technology, AdeptSight is a complete package that includes the application toolset, the vision software, vision and vision-to-robot calibration wizards, the camera and lens and the accessories to provide a complete out-of-the-box solution.

Adept Automation Control Environment (ACE) is a real-time application software environment designed to make it easier to program, integrate and deploy one or more robots. Targeted at packing, handling and assembly applications in the packaging, solar and medical markets, ACE integrates the functionality of robot applications, such as robot motion, robot location, vision, conveyor tracking, and communications in a easy to use graphical application software interface.

To support the Company’s service robots and intelligent AGVs, it offers Motivity controls and software. The Motivity Core controls drive-motors, handles autonomous navigation, avoids obstacles, docks AGVs for charging, provides communications to a base station or Fleet Appliance and can control onboard accessories. Motivity software enables users to configure its mobile robot systems using drag and drop commands. The Company provides a range of robot mechanisms to address different markets and application needs. Adept Quattro is a four-parallel arm robot specifically designed for packaging and material handling. The AdeptViper robot family consists of 6-axis articulated robots that combine speed and precision with a degree of flexibility and dexterity than traditional SCARA mechanisms. Adept Python Linear Modules are single axis devices, similar in function to its Cobra robots. The Company’s mobile robots include autonomous service robots and intelligent AGVs. Its mobile robots are available for both indoor and outdoor environments and come in a range of platform designs.

Service and Support Segment

Adept Service and Support is to assuring the productivity of every Adept product installed at a customer location. The Company offers on-going training, service and applications support to its customers, and maintain a program of spare parts supply, field upgrades, and factory repair and remanufacturing capabilities. The Company provide evergreen product paths that support its customers with service and upgrades for all products, including those no longer in production.The Company’s service and support organization includes a staff and field personnel who are based in the United States, Europe and Asia to support customers worldwide. The Company product training personnel develop and deliver training courses on subjects ranging from basic system maintenance to programming, which are offered through Adept offices and customer sites throughout the world. The Company’s field service organization maintains and repairs its products on location at the end user’s facilities. Personnel based at its service centers provide advice to customers on spare parts, product upgrades and preventative maintenance. The Company also operates toll-free telephone support lines to provide advice on issues, such as product usage, software programming structure, layout problems and system installation.

The Company Competes with Epson Corporation, Yamaha Corporation, Denso Corporation, IAI America, Inc., Staubli Corporation, ABB Robotics division, FANUC Robotics, Kawasaki Heavy Industries, Yaskawa Electric Corporation, Cognex Corporation, Aethon, Inc., InTouch Health, IRobot Corporation, and Seegrid Corporation.

Company Address

Adept Technology Inc

5960 Inglewood Drive
PLEASANTON   CA   94588
P: +1925.2453400
F: +1925.9600590

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