Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

$450,000 Robotics Automaton Contract with Tier One Automotive Supplier Gives 864% Revenue Jump: ResGreen International (Stock Symbol: RGGI)

By: Get News
  • Material Handling Systems with Interoperable Software, Autonomous Mobile Robots, Automatic Guided Vehicles and Industrial Automation Devices. 
  • $450,000 Contract Signed with Tier One Automotive Supplier for Automatic Guided Vehicles System Resulting in 864% Revenue Jump, Year Over Year.
  • Exchange Listing LLC Hired to Provide Strategic Consulting for Senior U.S. Stock Up-Listing Plans.  
  • Audits & Annual Reports for 2022 and 2021 Completed with SEC Filings Made. 
  • Partnership with WiBotic Specialized in Charging and Power Optimization for Aerial, Mobile, Space, and Industrial Robots.
  • Live Demonstrations of Industry-Changing Mobile Robots and Interoperable Software at the ProMat 2023 Expo Held in Chicago.   


ResGreen International, Inc; (OTC: RGGI) is a premier provider of automated material handling solutions, including interoperable software, Autonomous Mobile Robots (AMRs), Automatic Guided Vehicles (AGVs), and industrial automation devices. Connectivity and collaboration are the cornerstones of RGGI products, as well as Industry 4.0 and 5.0. The RGGI team of experienced engineers uses the Internet of Things (IoT), MQTT protocol, and Robot Operating System (ROS) to design technologies that interface with a wide variety of automated equipment, electronic components, and software systems. 

According to Grand View Research, the combined AGV and AMR market was $5.53 billion in 2021 and is expected to grow to $17.08 billion in 2030.

  • $450,000 Contract with Tier One Automotive Supplier for an Automatic Guided Vehicles (AGV) System

On May 16th RGGI announced it was awarded a contract with a leading automotive supplier to provide ten BigBuddy AGVs and its BotWay traffic management software. Due to this contract, which is for approximately $450,000, RGGI revenue will increase by 864% year over year.   

“This contract is the result of our team’s dedication to developing unique solutions designed to meet our customer’s needs,” said Parsh Patel, RGGI CEO. “Our BigBuddy AGVs and open-architecture BotWay software will ensure reliability and safety while optimizing productivity and throughput for our customer.”

The new RGGI system will move materials to and from 22 assembly lines, as well as the shipping area. RGGI BotWay software allows operators at the assembly lines to request the needed tub. The request goes to a forklift driver who places the appropriate tub on the first available AGV. The AGV then delivers the empty tub to the assembly line, picks up a full tub and returns to the shipping area where a forklift driver unloads the tub.

RGGI BotWay and the AGVs will use LoRa wireless technology to communicate because static in the plant blocks WiFi signals. LoRa does not require Internet connection and is one of the few options in facilities where WiFi does not work.

An in-floor opportunity charging system will maximize efficiency and productivity. The RGGI AGVs will be able to quickly charge, while they are waiting for their next assignment, enabling continuous operation.

  • RGGI Hires Exchange Listing LLC to Provide Strategic Consulting for Senior U.S. Stock Exchange Listing

On May 1st, RGGI announced an agreement with Exchange Listing, LLC, to advise on the Company’s listing on a Senior Exchange such as New York Stock Exchange (NYSE) or Nasdaq. Exchange Listing will also provide a complete analysis of RGGI business objectives and how to align those objectives with the expectations of the U.S. capital markets on a Senior Exchange level.

Exchange Listing will provide a wide variety of services to ResGreen, including creating a capital market roadmap and financial model, introducing best-in-class service providers, assisting with the SEC filings, and managing the Senior Exchange listing process.

  • Annual Report for 2022 and 2021

On March 10th RGGI published its annual report for the 2022 and 2021 fiscal years. The report contains financial statements, shareholder information and an auditor’s report. The successfully audited financial statements of RGGI were completed by BF Borgers CPA, PC, a public accounting firm, registered with the Public Company Accounting Oversight Board (PCAOB). 

RGGI is committed to providing the highest value and transparency to our investors and customers, whether it’s through conducting comprehensive audits, developing leading-edge products, and implementing an effective go-to-market strategy,” said Parsh Patel, RGGI CEO. “Our recent sales and marketing efforts have led to several pending contracts that could increase our revenues by more than 1,000 percent, year over year.”

For years, RGGI focused on designing its PullBuddy Automatic Guided Vehicle (AGV), LilBuddy Autonomous Mobile Robot (AMR) and BotWay interoperable software. After the development of these products was completed, RGGI shifted focus to sales and marketing efforts in August 2022. These efforts have resulted in a new website, increased public relations and marketing content and a growing prospective customer base.

  • WiBotic Provides Wireless Charging Capabilities for RGGI LilBuddy Autonomous Mobile Robots 

On March 7th RGGI announced a partnership with WiBotic, a Seattle company that specializes in advanced charging and power optimization solutions for the rapidly expanding ecosystem of aerial, mobile, space and industrial robots. The RGGI LilBuddy Autonomous Mobile Robots (AMRs) can now be now programmed to power up using a wireless charging station – where power transmission automatically begins without any physical connection points – allowing the robots to operate for extended periods without human intervention.

The RGGI LilBuddy AMR brings automated movement to any business with its highly optimized, compact size and flexible natural feature guidance. With a 17-inch by 17-inch base, LilBuddy is one of the smallest AMRs in the industry, and the vehicle’s ability to rotate 360 degrees makes it ideal for congested environments with narrow aisles. New industries and organizations – with smaller footprints than traditional warehouses – can now integrate autonomous robots into their operations. Examples include supermarkets, offices, restaurants, and more.

With WiBotic’s wireless charging capabilities, the RGGI LilBuddy vehicles can charge efficiently and frequently without the worry of worn-out charging contacts or the need for precise navigation to charging stations. One wireless station can also charge a wide variety of vehicles with different battery types, sizes and configurations that require different voltages and charging rates. Additionally, the RGGI BotWay software system for real-time monitoring and control of the robots will soon include WiBotic Commander software functionality for better visibility into fleet-wide charging station use and energy consumption.

RGGI also plans to add WiBotic’s wireless charging capabilities to its larger PullBuddy Automatic Guided Vehicles (AGVs) in the near future. For more information on WiBotic wireless charging products and applications, please visit: https://www.wibotic.com/

  • Showcase of Industry-Changing RGGI Mobile Robots and Interoperable Software at ProMat 2023

On March 1st RGGI announced it would exhibit its industry-changing products at this year’s ProMat 2023, on March 20 -23, at McCormick Place in Chicago. RGGI planned to demonstrate its LilBuddy Autonomous Mobile Robot (AMR) and BotWay open-architecture software in ProGlove’s booth S4971.

“ProMat is the perfect show to highlight the easy integration and advanced technology of our AMRs, AGVs and software,” said RGGI CEO Parsh Patel. “Most AGV and AMR companies provide their own closed operating systems for their vehicles and software. This makes it very difficult to communicate with equipment and vehicles from other manufacturers, as well as outside software. At ResGreen, we use the Internet of Things (IoT), MQTT communications, and Robot Operating System (ROS) to design products that easily connect with other devices, workers, and systems.”

BotWay from RGGI is an interoperable traffic management and monitoring software that controls AGVs AMRs, and industrial automation devices, even those provided by other manufacturers. At ProMat, attendees can see how easy BotWay is to install, integrate and modify.

In addition, RGGI planned to show its LilBuddy AMR, which uses natural feature SLAM guidance to move loads up to 220 pounds (100 kg.) without tape, reflectors, or tags for ultimate flexibility With a 17”x17” base, LilBuddy is one of the smallest AMRs in the industry. The vehicle’s size and ability to rotate 360 degrees make it ideal for congested environments with narrow aisles.

For more information on RGGI visit www.resgreengroup.com

DISCLAIMER:

CAP/FrontPageStocks/CorporateAds.com (CA) is a third-party publisher and news dissemination service provider. CAP/FPS/CA is NOT affiliated in any manner with any company mentioned herein. CAP/FPS/CA is a news dissemination solutions provider and is NOT a registered broker/dealer/analyst/adviser, holds no investment licenses, and may NOT sell, offer to sell or offer to buy any security. CAP/FPS/CA’s market updates, news alerts, and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or the opinion of the writer. CAP/FPS/ CA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. CAP/FPS/CA has been compensated $500 by a third party for the dissemination of this article.

Disclaimer/Safe Harbor:

These news releases and postings may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this release might not occur.

Media Contact
Company Name: Resgreen Group Inc
Contact Person: Parsh Patel, CEO
Email: Send Email
Phone: 586-265-2376
Address:22800 Hall Toad Unit 510
City: Shelby Township
State: Michigan
Country: United States
Website: https://resgreengroup.com/



Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.