A robotics startup founded by Cornell University students in Ithaca New York took home the top spot in the recent Worcester PolyTechnic Institutes Venture Forum Five Minute Pitch Contest.
The young entrepreneurs are hoping to develop their robotic gripper technology, think those wild orange gripper things, that functions robotically.
According to the Worcester Business Journal
The gripper is a ball-shaped elastic membrane filled with granular material attached to a robotic arm. The air pressure inside the ball is manipulated to adjust the softness or hardness of the gripper, allowing it to conform around and squeeze objects.
This exactly the kind of tech that’s missing for bringing more agile manufacturing to the United States, to automate manufacturing lines in the United States, and that’s exactly what we intend to do with this patent pending technology,” John Amend, the company’s chief technology officer told a roomful of businesspeople, investors and others gathered in the school’s campus center Tuesday evening.
The team took home a prize of $2500. While they aren’t breaking the bank with that kind of prize money, they are getting invaluable exposure from the investor community.
A company called SafeSiren which makes a safety device for school students took home the second pace prize. Other ideas presented included a better way to sterilize catheters, an energy management system for hotels and a blue tooth device designed to replace hearing aids. Check out the source link below for more on those companies.
Source: Worcester Business Journal