Vow ASA : Vow ASA Has Through Its Subsidiary ETIA Been Awarded a Milestone Contract for Waste Sorting Robotics Based on Artificial Intelligence
A contract has been signed with one of the largest recycling companies for ferrous and non-ferrous metals in Europe on an application to sort out copper parts in ferrous waste streams. This first order of 230 k€ consists of integrating a robotic sorting unit on one of their many waste processing lines of shredded metal parts.
“Even if this is a small order, it is a milestone contract for us. I’m also impressed by our teams being able to industrialize this advanced solution for our markets within only 18 months”; says Vow ASA CEO Henrik Badin in a statement
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Waste sorting robotics based on artificial intelligence is a game changer in waste management and particularly in metal scrap industry. This industry vertical alone represents a market potential for Vow ASA of more than 1000 units in Europe.
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The Vow sorting solution is complementary to the group offering for waste processing, recycling and valorization. It will contribute to circular economy, saving natural resources and reducing CO2 emissions.
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