Coherix is at the nexus of two major uptrends in modern manufacturing: the relentless global adoption of automation and robotics, and the introduction of novel engineered materials and alloys to achieve safer, cheaper and more efficient products – “light-weighting.”
To maintain the incremental gains expected from continued automation, manufacturers have an urgent and growing need for advanced 3D machine vision solutions for process control. As their assembly lines become more automated, their need for machine-based “smart eyes” to help control processes and assure quality becomes vital.
On the materials side, fuel economy and safety standards have put tremendous pressure on automakers to produce lighter, more durable and more fuel-efficient vehicles. To make it happen, manufacturers have turned to lighter-weight metals and specialty plastics. But joining these materials requires advanced structural adhesives in lieu of traditional welding and fasteners. As a result, the need for accurate control of adhesive bead placement and volume measurement becomes paramount.
Over the past few years, Coherix has revolutionized adhesive dispensing process control for manufacturers. By meeting a critical need for this sector, we stand to capture market share and revenue potential in several high-value industries: electronics, automotive, aerospace, medical and more. Through innovative, tailored solutions, we’ve forged solid, long-term relationships with our customers, and that gives us reoccurring revenue and staying power no matter what market forces prevail.
The cumulative benefit of these trends provides a fertile flow of opportunities for Coherix to solve complex machine vision challenges. How do manufacturers control the process to maximize quality, safety and cost effectiveness? Only Coherix offers the solution. Our proven 3D machine vision product line – the Predator3DTM – cost-effectively controls the adhesive-dispensing process.
Automakers are rapidly adopting Coherix’s solution. In fact, Predator3D sales grew 382 percent in 2017.
With innovative solutions and strong customer relationships, Coherix is well positioned to capitalize on this explosive market growth potential. Investment in the company will not only fuel momentum in the automotive sector, it will pave the way for expansion into new industries, namely electronics manufacturing. These two industries will provide investors with equity growth potential.