Resgreen Group Acquires SLAM Technology From Accerion

Mobile robot company Resgreen Group International Inc RGGI announced the acquisition of SLAM (Simultaneous Localization And Mapping) technology from the Netherlands-based company, Accerion, to ensemble the company’s Atlas mobile robot.
The financial terms of the transaction were not disclosed.
Atlas was developed to meet the industrial sector’s needs. One model can tow up to 5,000 pounds. A second model can tow up to 2,500 pounds. Atlas is operated using 5G communications.
Triton was a small interface containing the SLAM navigation technology, greatly enhancing Atlas’s functionality while maintaining consumer cost-effectiveness. Triton offered high-precision positioning data to the mobile vehicle.
Wolter Group had commissioned Resgreen to provide two Atlas vehicles to be integrated into mid-2021. The two vehicles would be equipped with advanced Triton units.
Price action: RGGI shares traded higher by 4.26% at $0.099 on the last check Thursday.