Industrial Path Solutions - IPS

Industrial Path Solutions (IPS) is a math-based software tool developed by Fraunhofer-Chalmers Centre and Fraunhofer ITWM, and distributed by IPS AB and fleXstructures GmbH. The company's slogan, "Successfully implements the potential of the virtual world," aptly summarises their focus on automatic verification of assembly feasibility, design of flexible components, motion planning, and optimization of multi-robot stations. IPS offers several commercially available software modules including IPS Cable Simulation, IPS Rigid Body Path Planner, IPS Robot Optimization, IPS Virtual Paint Spray, and IPS Inspection Path Planner, among others. Since its establishment in 2012, IPS has been at the forefront of providing innovative solutions for various industrial processes. The wide array of IPS modules cater to the needs of diverse industries, covering aspects such as cable and hose simulation, robot program creation and optimization, sealing and adhesives simulation, projection and oven simulation, virtual reality interaction, and more. Although specific details regarding the company's headquarters, industries served, and recent investment are not provided, IPS's comprehensive suite of software tools demonstrates a strong potential for growth and market impact. As a venture capital firm evaluating potential investment opportunities, IPS presents an intriguing prospect within the software solutions space, particularly in the realm of industrial automation and virtual simulation.