This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Adept Technology Receives $1.1 Million Order From Major China Civil Explosive Technology And Equipment Turn Key Service Provider

PLEASANTON, Calif., Feb. 28, 2013 (GLOBE NEWSWIRE) -- Adept Technology, Inc. (Nasdaq:ADEP), a leading provider of intelligent robots and autonomous mobile solutions and services, today announced that Shenzhen King Explorer Science & Technology Co., Ltd., the largest China Civil Explosive Turn Key Service Provider, plans to upgrade more than 100 customer emulsion explosive lines they have built worldwide with fully automated packaging lines by using multiple Adept Quattro s650 parallel robots in the next three years. Each line requires either two or four Quattro s650 parallel robots depending on its throughput. The $1.1M order is expected to be fulfilled over the course of the 2013 calendar year.

"By utilizing Adept Quattro robots and vision-guided conveyor tracking the company's automated packaging lines will improve traceability of explosive material by using sensors at each step in the process," said Rob Cain, president and CEO of Adept Technology. "With this type of system the Adept Quattro robots can track the number of units in each package virtually guaranteeing traceability and removing the potential for human operator error."

"Adept's industrial automation experience in high speed packaging was a key factor in our decision in choosing Adept as our partner for this project," said Gang Ming, CEO of Shenzhen King Explorer Science & Technology Co., Ltd. "We believe with the speed and strength of the Adept Quattro robots we will be able to increase our customers' productivity and greatly limit human exposure to potentially dangerous tasks."

The Adept Quattro s650 chosen for the project is the only robot on the market that is able to achieve in excess of 150 parts per minute to meet production demands. The Quattro uses a four-arm "parallel" design that is specifically engineered for high-speed manufacturing, packaging and assembly applications. The robot's four-arm design, advanced control algorithms, and large work envelope make it the ideal overhead-mount robot for smooth motion, high-throughput applications.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs