Caterpillar Acquires Robotic Specialist Marble Robot Inc.
Caterpillar Inc. today announced it has acquired select assets and hired employees from San Francisco-based robot and autonomy technology solutions company Marble Robot Inc. The acquisition is part of Caterpillar’s automation and autonomy strategy and demonstrates its commitment to the next generation of jobsite solutions. Building on its leadership in autonomous mining, the company plans to leverage the deep expertise of the new team to bring scalable solutions to meet the changing needs of construction, quarry, industrial and waste industries.
The new team is comprised of leading roboticists with a deep background in the robotics industry. Caterpillar intends to leverage the team’s fully integrated on-board autonomy technology – including perception, localization and planning – to continue delivering smart, safe, more productive and cost-effective solutions to customers.
“We’re excited to join the autonomy team at Caterpillar,” said Kevin Peterson, former Marble CEO, now Caterpillar technologist. “In many ways, this completes a full circle for me. I had the privilege of working with Caterpillar early in my career at Carnegie Mellon, where they sponsored the development of the first generation of self-driving vehicle software. Now, with the acquisition of the Marble team, together we will drive the next generation of autonomy solutions for Caterpillar customers in the construction, quarry, industrial and waste industries.”
Caterpillar is well-positioned to grow services based on its large installed base of connected equipment, outstanding field technology and decades of product, service and application expertise to turn that experience into useful insights for our customers. The company will continue to make investments in emerging technologies, like automation and autonomy, in order to bring innovative solutions to meet the industries’ challenges.
“Our customers need the best solutions for running an effective jobsite, with improved operator productivity, lower operating costs, and greater efficiency brought by autonomous solutions,” said Karl Weiss, Caterpillar chief technology officer. “That’s why we’re continuing to invest in the areas of automation, remote control and autonomy.”
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.