GENESIS ROBOTICS & MOTION TECHNOLOGIES OPENS NEW OFFICE IN EUROPE

VANCOUVER, BC, June 2, 2022 /PRNewswire/ -- Genesis Robotics & Motion Technologies, manufacturer of LiveDrive®, the world's highest torque density direct drive motor for robotics and automation, announced today that it will open an office in Frankfurt, Germany, to better serve the highly innovative and rapidly growing European market. Matteo Stagni has been appointed General Manager for Genesis Europe. Stagni has more than 20 years of experience in robotics, motion, and industrial automation in several markets and companies including his previous employer, Schneider Electric, a world leader in digital transformation, energy management, and automation.

"Genesis is pleased to announce the opening of our European office in Frankfurt led by Mr. Stagni. This strategic investment allows Genesis to better serve the rapid growth of our European customers and support their accelerated product development timelines directly," says Chris di Lello, CEO of Genesis Robotics & Motion Technologies. "We are also very excited to install Mr. Stagni as General Manager, Genesis Europe. His deep industry experience, business leadership, and local knowledge will create immediate value for our existing customers in the region and expand our reach in Europe."

"I'm really excited about joining the Genesis team," says Stagni. "Genesis has the innovation, engineering, and manufacturing capability, and most importantly, the customer value creation mindset required to meet the ever-increasing demands of the European customers. I see this as a rare opportunity to bring something genuinely game-changing to the robotics and automation industries."

According to Stagni, the Genesis LiveDrive® direct drive motor technology complements leading-edge innovation in Industry 4.0, enabling more sophisticated AI-based solutions in robotics and motion applications by transforming the underlying hardware.

Genesis will be showcasing its LiveDrive® series of direct drive motors at automatica, June 21 – 24 in Munich, including the LiveDrive® LDD series integrated into ABIflexx's delta robot, and the world's first high-speed collaborative sidebot by Wyzo, utilizing LiveDrive's features to create a collaborative delta robot without the need for protective barriers.

About Genesis Robotics & Motion Technologies – Motion Redefined

Founded in 2014, Genesis Robotics & Motion Technologiesdevelops and manufactures innovative actuation solutions for the robotics and automation industries. The company's core products are its line of LiveDrive® direct drive motors and novel geared actuators. LiveDrive® and Genesis' growing portfolio of motion technologies are being implemented in world-first applications, disrupting, transforming, and leading a new standard in robot and automation performance and productivity. In 2018, Koch Engineered Solutions made a strategic investment and acquired a controlling interest in Genesis to commercialize its disruptive motion technologies.

Genesis Robotics & Motion Technologies is headquartered in Langley, BC, Canada, with locations in the United States, Germany, and Japan.

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SOURCE Genesis Robotics and Motion Technologies