AMP Robotics Corp. announces the achievement of one billion recyclables processed over the 12 months ending March 31, 2020. AMP also announced it has named longtime industry executive Marcel Vallen vice president of international sales, along with continued expansion of operations and forthcoming new innovations to help recycling facilities further improve productivity through automation.
“AMP had a strong first quarter of 2020. Revenue is up more than 50%, and our project pipeline continues to grow rapidly due to market adoption of our technology and the value it creates for our customers,” said Matanya Horowitz, AMP founder and chief executive officer. “We also marked a very important company milestone: identifying, sorting, and picking our one billionth piece of material over the last 12 months. This achievement demonstrates the productivity, precision, and reliability of our AI application for the recycling industry. It also represents a meaningful environmental metric in the reduction of greenhouse gas (GHG) emissions by approximately half a million metric tons.”
The ‘one billion’ milestone means that AMP’s technology has specifically targeted and removed one billion individual recyclable items from billions of other materials in the waste stream. This milestone also illustrates the power of the company’s AMP Neuron™ AI platform that uses computer vision and machine learning to recognize different colors, textures, shapes, sizes, patterns, and even brand labels to identify exactly what the material is and whether it is recyclable. Neuron then guides robots to consistently perform sorting tasks more than twice as quickly as humanly possible, with much greater accuracy, and over long durations of time.
AMP’s technology recovers plastics, cardboard, paper, metals, cartons, cups, and many other recyclables that can be reclaimed for raw material processing. For example, the AI platform visually identifies with precision different types of plastics like Polyethylene Terephthalate (PET or PETE), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Polypropylene (PP), Polystyrene (PS), sorted further by color, clarity, and opacity, along with different form factors (e.g. lids, tubs, clamshells, cups, and many more). AMP’s technology can quickly adapt to new container packaging introduced into the recycling stream. And it can swiftly pivot to handle sudden shifts in material volumes, happening now as a result of the pandemic, to recover high-demand materials, like paper, tissue, cardboard, and other packaging. This capability is especially critical as demand and prices for commodities fluctuate, given the role recyclables play in feeding the domestic supply chain for manufacturing.