{"id":1490,"date":"2021-01-25T06:00:52","date_gmt":"2021-01-25T11:00:52","guid":{"rendered":"https:\/\/innovativepixel.com\/IGIN\/?post_type=news&p=1490"},"modified":"2021-12-22T12:05:24","modified_gmt":"2021-12-22T17:05:24","slug":"doosan-bobcat-north-america-invests-in-ainstein-ai","status":"publish","type":"news","link":"https:\/\/innovativepixel.com\/IGIN\/news\/doosan-bobcat-north-america-invests-in-ainstein-ai\/","title":{"rendered":"Doosan Bobcat North America invests in Ainstein AI"},"content":{"rendered":"

Doosan Bobcat North America<\/a>, West Fargo, North Dakota, completed a strategic equity investment with radar technologies startup company Ainstein AI Inc.<\/a>, Lawrence, Kansas, to continue the development of next-generation radar sensor systems for Bobcat equipment solutions.<\/p>\n

Doosan Bobcat\u2019s investment in Ainstein AI comes at the completion of a Series A funding round. The investment agreement was finalized in December 2020.<\/p>\n

\u201cRadar sensor technology is a key component of our innovation accelerated strategy and ensures Bobcat provides the most productive machinery on any work site,\u201d says Joel Honeyman, vice president of global innovation at Doosan Bobcat. \u201cRadar will enhance equipment performance and provide our customers with optimal productivity and the ultimate operator experience through sensor technology. Our investment with Ainstein allows us to work more closely to provide numerous solutions to our customers.\u201d<\/p>\n

Doosan Bobcat first announced a strategic partnership with Ainstein in June 2020 to identify forward-looking solutions to help equipment owners and operators maximize productivity, efficiency and safety through innovation and technology. This latest strategic investment is designed to generate several shared-value benefits between the companies and customers.<\/p>\n

Doosan Bobcat North America and Ainstein will further collaborate to create next-generation radar sensor solutions to detect objects on job sites when using Bobcat equipment. The radar system developed by Ainstein collects object position data like range, azimuth, elevation and doppler information to provide real-time alerts to operators by incorporating a combination of radar, sensor fusion and artificial intelligence. This technology will enable obstacle avoidance solutions and future technologies that support autonomous operations.<\/p>\n

\u201cThe investment from Doosan Bobcat is a validation of our technology and leadership position in next-generation sensor development,\u201d says Andrew Boushie, vice president of strategy and partnerships at Ainstein. \u201cWe are so thrilled to work with a strong, internationally recognized brand like Bobcat. Together, we can advance technology that will benefit our companies and industry.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Investment aims to develop sensor innovations for compact equipment for job site productivity.<\/p>\n","protected":false},"author":36,"featured_media":1491,"parent":0,"menu_order":0,"template":"","main-categories":[32,36],"class_list":["post-1490","news","type-news","status-publish","has-post-thumbnail","hentry","main-categories-equipment","main-categories-technology"],"yoast_head":"\nDoosan Bobcat North America invests in Ainstein AI - Irrigation & Lighting<\/title>\n<meta name=\"description\" content=\"Doosan Bobcat North America completed a strategic equity investment with Ainstein AI Inc. to continue development of radar sensor systems.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/innovativepixel.com\/IGIN\/news\/doosan-bobcat-north-america-invests-in-ainstein-ai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Doosan Bobcat North America invests in Ainstein AI\" \/>\n<meta property=\"og:description\" content=\"Doosan Bobcat North America completed a strategic equity investment with Ainstein AI Inc. to continue development of radar sensor systems.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/innovativepixel.com\/IGIN\/news\/doosan-bobcat-north-america-invests-in-ainstein-ai\/\" \/>\n<meta property=\"og:site_name\" content=\"Irrigation & Lighting\" \/>\n<meta property=\"article:modified_time\" content=\"2021-12-22T17:05:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/innovativepixel.com\/IGIN\/wp-content\/uploads\/2021\/12\/doosan-bobcat-north-america-invests-in-ainstein-ai.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"496\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/innovativepixel.com\/IGIN\/#organization\",\"name\":\"Irrigation & Lighting\",\"url\":\"https:\/\/innovativepixel.com\/IGIN\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/innovativepixel.com\/IGIN\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/innovativepixel.com\/IGIN\/wp-content\/uploads\/2021\/12\/Irrigation-and-Lighting-LogoNoTag.jpg\",\"contentUrl\":\"https:\/\/innovativepixel.com\/IGIN\/wp-content\/uploads\/2021\/12\/Irrigation-and-Lighting-LogoNoTag.jpg\",\"width\":1117,\"height\":178,\"caption\":\"Irrigation & Lighting\"},\"image\":{\"@id\":\"https:\/\/innovativepixel.com\/IGIN\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/innovativepixel.com\/IGIN\/#website\",\"url\":\"https:\/\/innovativepixel.com\/IGIN\/\",\"name\":\"Irrigation & Lighting\",\"description\":\"The business and technology magazine for contractors\",\"publisher\":{\"@id\":\"https:\/\/innovativepixel.com\/IGIN\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/innovativepixel.com\/IGIN\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/innovativepixel.com\/IGIN\/news\/doosan-bobcat-north-america-invests-in-ainstein-ai\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/innovativepixel.com\/IGIN\/wp-content\/uploads\/2021\/12\/doosan-bobcat-north-america-invests-in-ainstein-ai.jpeg\",\"contentUrl\":\"https:\/\/innovativepixel.com\/IGIN\/wp-content\/uploads\/2021\/12\/doosan-bobcat-north-america-invests-in-ainstein-ai.jpeg\",\"width\":700,\"height\":496,\"caption\":\"Doosan Bobcat investment\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/innovativepixel.com\/IGIN\/news\/doosan-bobcat-north-america-invests-in-ainstein-ai\/#webpage\",\"url\":\"https:\/\/innovativepixel.com\/IGIN\/news\/doosan-bobcat-north-america-invests-in-ainstein-ai\/\",\"name\":\"Doosan Bobcat North America invests in Ainstein AI - 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