August 11, 2021 By Manufacturing AUTOMATION
Linamar Corporation plans to manufacture a drive transmission system for industrial robotics developed by Netherlands-based Innovative Mechatronic Systems (IMSystems).
The companies entered into a global manufacturing agreement that will see the Guelph, Ont.– based Linamar bring the Archimedes Drive transmission system to market once the design has been proven and production is at the point where it requires scale-up.
The Archimedes Drive system is comprised of an assembly module that uses frictional contact instead of gear teeth to transmit torque, resulting in a more efficient and precise gearbox – and one that promises to be more scalable.
“This strategic partnership is another great step for us into the opportunistic industrial robotics market, given the growing global trend of industrial automation and the ongoing demand for better, more accurate robotic systems,” says Linda Hasenfratz, Linamar’s CEO. “IMSystems is truly a leader in this area, disrupting a technology that has not seen significant innovation or improvement in decades.”
IMSystems’ existing shareholders included ABB Technology Ventures and InnovationQuarter (IQ), a regional economic development agency for the greater Rotterdam – The Hague area in the Netherlands. This latest Series A Investment brings Linamar and Finindus, a Belgium-based early-stage and growth investment company, into the consortium.
Linamar has also announced a minority equity investment in IMSystems, as part of a Series A consortium which raised €3 million euros. Terms of the investment were not disclosed.