Robotics Startup Addverb Receives Order Worth Around $1 Billion From Reliance For Robots With 5G Tech

Addverb Technologies has received orders worth $1 billion for supplying robots with 5G technologies over the next four-five years to Reliance Industries Limited (RIL), reports Economic Times.

The robotics startup is an intra-logistics automation solution provider and builds robotics and automation solutions for factories and warehouses.

The development comes after RIL's subsidiary Reliance Retail had last month acquired a majority stake in the Noida-based Addverb with an investment of $132 million.

The robots procured from Addverb will reportedly be deployed by Reliance in its refinery in Jamnagar.

Addverb had said that a tagging inventory made of a fleet of Dynamo 200 bots is being used for intra-logistics operations at the Jamnagar plant.

The bots are connected virtually through a 5G network. They are controlled via Legion, the company's fleet management system hosted over a remote server that is situated in Ahmedabad.

Further, a fleet of Dynamo series bots are used for bagging line automation. They have a payload capacity of one ton and are also connected through the 5G network. Their objective is to fetch pallets of refinery bags in the plant.