Koch Chemical Technology Group (KCTG) has made a strategic and controlling investment in Genesis Advanced Technology. KCTG is the industrial-technology and engineered-equipment unit of Koch Industries. Under the companies’ agreement, they will form a new company called Genesis Robotics and Motion Technologies (Genesis Robotics) to commercialize innovative electric motor and actuation technologies — including the LiveDrive actuator —…
Robots could soon use new form of actuator: Genesis Robotics CEO explains
In a recent interview, Lisa Eitel of The Robot Report chatted with Mike Hilton, CEO of startup Genesis Robotics. This spinoff of Genesis Advanced Technology focuses on R&D in robotics, oil and gas, medical, human performance, and clean-energy industries. The company recently announced an actuator that’s particularly suitable for powering the joints in SCARA robot…