HAMBURG, Germany and SOMERVILLE, Mass.–(BUSINESS WIRE)–May 10, 2022–
Danfoss Power Solutions and RISE™Robotics announce today that they have signed a collaboration agreement to jointly validate and test a key innovation that has the potential to transform the heavy machinery market through electrification.
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Danfoss Power Solutions, a leading global supplier of mobile and industrial hydraulics and electric drive systems, and RISE™Robotics, a leading manufacturer of zero-emission heavy machinery, have formalized their collaborative relationship. The two companies have signed an agreement to work together to validate the latest electromechanical actuator technology from RISE™.
This new partnership is an example of how both companies are prioritizing innovation and finding new ways to meet the growing demand for electrification solutions from current and potential customers.
“It’s an exciting opportunity to work with RISE™Robotics to accelerate the development of solutions that have the potential to create near-term, low-carbon options for our customers,” said Eric Alström, President of Danfoss Power. Solutions. “We are taking bold action to fight climate change and help customers around the world decarbonize. Electrification is a key enabler of the green transition, and we are excited to be part of this journey with RISE™. »
“We are delighted to collaborate with Danfoss,” said Arron Acosta, CEO of RISE™Robotics. “Innovation is not for everyone, but at Danfoss, innovation is at the heart of their DNA. Their decision-making speed is electric. Their global engineering and manufacturing capabilities are leading the way.”
The RISE™Cylinder (US Patent 11255416, Patent Pending: WO2019/014259) is a fluidless electromechanical alternative to hydraulic cylinders for heavy equipment and machinery. It helps meet the battery electrification challenges inherent in hydraulic systems by delivering hydraulic-like forces with unprecedented efficiency, precision, speed and weight.
“RISE™’s unwavering dedication to bringing scalable solutions made possible by cutting-edge technology to market is the same pioneering spirit that has fueled Danfoss’ journey from startup to industry leader,” added Alström. “We look forward to working together to achieve these goals.”
About Danfoss –
Danfoss designs advanced technologies that enable us to build a better, smarter and more efficient future. In the world’s growing cities, we ensure the supply of fresh food and optimal comfort in our homes and offices, while meeting the need for energy-efficient infrastructure, connected systems and integrated renewable energies. Our solutions are used in areas such as refrigeration, air conditioning, heating, motor control and mobile machinery. Our innovative engineering dates back to 1933 and today Danfoss holds leading market positions, employing 40,000 people and serving customers in over 100 countries. We are a private company owned by the founding family. Learn more at www.danfoss.com
About RISE™Robotics –
Founded in 2011 by graduates of the Massachusetts Institute of Technology (MIT) and Rhode Island School of Design (RISD), RISE™Robotics is a high-growth technology company backed by The Engine, a Tough Tech venture capital fund created by MIT, Greentown Labs, and Techstars. RISE™Robotics is paving the way for zero-emission heavy machinery by providing the world’s most efficient and productive alternative to hydraulics. Designed for medium and heavy-duty applications, RISE™ technology delivers fuel, emissions and noise reductions, improves productivity and extends machine life. Learn more at https://www.riserobotics.com/.
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KEYWORD: GERMANY EUROPE UNITED STATES NORTH AMERICA MASSACHUSETTS
INDUSTRY KEYWORD: ENGINEERING TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING OTHER MANUFACTURING EQUIPMENT
Copyright BusinessWire 2022.
PUBLISHED: 05/10/2022 6:09 PM / DISK: 05/10/2022 6:09 PM
Copyright BusinessWire 2022.