First, Revolutionary Scanning Laser Camera for Guided
Assembly
LAKE MARY, Fla., Aug. 22, 2018 /PRNewswire/
-- FARO® (NASDAQ: FARO), the world's most trusted
source for 3D measurement and imaging solutions for factory
metrology, product design, construction BIM, public safety
forensics and 3D machine vision, announces the release of the next
generation of the Tracer platform for laser-guided assembly and
verification, the TracerSI Advanced Laser Projection
System. TracerSI is a fully integrated, optimized
solution that includes both innovative, improved hardware built
upon the very successful TracerM product and the
best-in-class BuildIT Projector software
(https://www.faro.com/laser-projector).
![FARO Tracer SI Laser Projector: 3D Laser Projector with Advanced Laser Imaging for Guided Assembly and In-Process Verification. FARO Tracer SI Laser Projector: 3D Laser Projector with Advanced Laser Imaging for Guided Assembly and In-Process Verification.](https://mma.prnewswire.com/media/732617/FARO_Technologies_Tracer_SI_Laser_Projector.jpg)
Like its predecessor, TracerM, TracerSI
uses 3D Computer Aided Design (CAD) information to project 3D laser
images onto a physical surface and provides a live, visually rich
virtual template which assemblers can use to quickly position
components with precision and complete confidence. This solution
can deliver significant ROI as organizations no longer have to
invest capital in physical templates i.e., wood or metal mold or
tools which also have to be built, maintained, stored or even
repaired. Additionally, real time manufacturing errors are
minimized and, as a result, costly scrap and reworks costs are
reduced. There are actual, documented cases where rework and scrap
savings alone have payback periods as short as 90 days.
TracerSI will transform 2D imagery and its use in
every industrial application as it represents the first of its kind
laser scanning camera, with projection and high-resolution image
scanning capabilities throughout its entire projection volume.
Since the laser scanning camera does not rely on lenses or
conventional image capture, the depth of field is equal to the full
projection range, there are no lighting limitations since it is
laser illuminated, and there are no limitations on frame size and
resolution. This combination of laser scanning imagery and high
accuracy projection establishes a new industry standard for
repeatable laser-guided assembly.
Fast Setup with Feature Alignment
TracerSI
moves guidance assembly one major step forward through its native
support of feature based alignment. With feature based alignment,
retroreflectors i.e., special targets that reflect light back to
the original source, do not have to be placed on or around the
object or assembly. This substantially reduces the time required
for setup. Next, to synchronize alignment, the system performs high
resolution image scans of the part or assembly to match known
features (holes, edges, etc.) to the CAD model.
Enhanced Efficiency with In Process
Verification
TracerSI is the first laser
projector that enables In-Process Verification, or IPV. IPV uses
the advanced laser scanning camera in conjunction with BuildIT
projector software to perform quality checks. Throughout the
assembly process, at any point, users can quickly run an
image-based quality check and confidently take any corrective or
preventive actions to facilitate the end to end assembly process.
This includes the ability to detect presence or absence of features
during the assembly process or at final assembly. Additionally, at
any point, loose fragments can be detected and cared for with the
distinctive Foreign Object Debris (FOD) feature.
"We continue to build upon the expertise that we acquired
through our acquisition of Laser Projection Technologies in
2016," states Pete Edmonds, Vice President Factory Metrology.
"Our initial focus was towards building a better laser projection
product but key learnings from the market indicated that there was
a need for laser projection system that combined hardware and
software in a tightly-aligned, repeatable solution. By integrating
the BuildIT Projector software with the Project and Inspect
TracerSI hardware
platform, we have taken another major step forward in realizing our
vision with the scanning laser camera to be the undisputed solution
leaders across the end-to-end build by projection and inspection
market."
About FARO
FARO is the world's most trusted source for 3D measurement,
imaging and realization technology. The Company develops and
markets computer-aided measurement and imaging devices and software
for the following vertical markets:
- Factory Metrology - High-precision 3D measurement, imaging and
comparison of parts and complex structures within production and
quality assurance processes
- Construction BIM - 3D capture of as-built construction projects
and factories to document complex structures and perform quality
control, planning and preservation
- Public Safety Forensics - Capture and analysis of on-site real
world data to investigate crash, crime and fire, plan security
activities and provide virtual reality training for public safety
personnel
- Product Design - Capture detailed and precise 3D data from
existing products permitting CAD analysis and redesign, after
market design and legacy part replication
- 3D Machine Vision - 3D vision for both control and measurement
to the manufacturing floor through 3D sensors and custom
solutions
FARO's global headquarters is located in Lake Mary, Florida. The Company's
European regional headquarters is located in Stuttgart, Germany and its Asia-Pacific regional headquarters is located
in Singapore. FARO has other
offices in the United States,
Canada, Mexico, Brazil, Germany, the United
Kingdom, France,
Spain, Italy, Poland, Turkey, the
Netherlands, Switzerland,
India, China, Malaysia, Thailand, South
Korea, Japan, and
Australia.
This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 that are subject to risks and uncertainties, such as
statements about demand for and customer acceptance of FARO's
products, and FARO's product development and product launches.
Statements that are not historical facts or that describe the
Company's plans, objectives, projections, expectations,
assumptions, strategies, or goals are forward-looking statements.
In addition, words such as "is," "will" and similar expressions or
discussions of FARO's plans or other intentions identify
forward-looking statements. Forward-looking statements are not
guarantees of future performance and are subject to various known
and unknown risks, uncertainties, and other factors that may cause
actual results, performances, or achievements to differ materially
from future results, performances, or achievements expressed or
implied by such forward-looking statements. Consequently, undue
reliance should not be placed on these forward-looking
statements.
Factors that could cause actual results to differ materially
from what is expressed or forecasted in such forward-looking
statements include, but are not limited to:
- development by others of new or improved products, processes
or technologies that make the Company's products less competitive
or obsolete;
- the Company's inability to maintain its technological
advantage by developing new products and enhancing its existing
products;
- declines or other adverse changes, or lack of improvement,
in industries that the Company serves or the domestic and
international economies in the regions of the world where the
Company operates and other general economic, business, and
financial conditions; and
- other risks detailed in Part I, Item 1A. Risk Factors in the
Company's Annual Report on Form 10-K for the year ended
December 31, 2017 and in Part II,
Item 1A. Risk Factors in the Company's Quarterly Report on Form
10-Q for the quarter ended March 31,
2018.
Forward-looking statements in this release represent the
Company's judgment as of the date of this release. The Company
undertakes no obligation to update publicly any forward-looking
statements, whether as a result of new information, future events,
or otherwise, unless otherwise required by law.
More information is available at http://www.faro.com
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SOURCE FARO Technologies, Inc.