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.
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.