-
Owners of collapsed Dominican nightclub formally charged
-
US accuses Iran in plot to kill Israeli ambassador in Mexico
-
New Zealand 'Once Were Warriors' director Tamahori dies
-
Hungary's Orban wins Russian oil sanctions exemption from Trump
-
More than 1,000 flights cut in US shutdown fallout
-
Turkey issues genocide arrest warrant against Netanyahu
-
Countries agree to end mercury tooth fillings by 2034
-
Hamilton faces stewards after more frustration
-
World's tallest teen Rioux sets US college basketball mark
-
Trump pardons three-time World Series champ Strawberry
-
Worries over AI spending, US government shutdown pressure stocks
-
Verstappen suffers setback in push for fifth title
-
Earth cannot 'sustain' intensive fossil fuel use, Lula tells COP30
-
Wales boss Tandy expects Rees-Zammit to make bench impact against the Pumas
-
James Watson, Nobel prize-winning DNA pioneer, dead at 97
-
Medical all-clear after anti-Trump package opened at US base
-
Sabalenka beats Anisimova in pulsating WTA Finals semi
-
Iran unveils monument to ancient victory in show of post-war defiance
-
MLS Revolution name Mitrovic as hew head coach
-
Brazil court reaches majority to reject Bolsonaro appeal against jail term
-
Norris grabs pole for Brazilian Grand Prix sprint race
-
More than 1,200 flights cut across US in govt paralysis
-
NFL Cowboys mourn death of defensive end Kneeland at 24
-
At COP30, nations target the jet set with luxury flight tax
-
Trump hosts Hungary's Orban, eyes Russian oil sanctions carve-out
-
All Blacks 'on edge' to preserve unbeaten Scotland run, says Savea
-
Alpine say Colapinto contract about talent not money
-
Return of centuries-old manuscripts key to France-Mexico talks
-
Byrne adamant Fiji no longer overawed by England
-
Ex-footballer Barton guilty over 'grossly offensive' X posts
-
Key nominees for the 2026 Grammy Awards
-
Brazil court mulls Bolsonaro appeal against jail term
-
Rybakina sinks Pegula to reach WTA Finals title match
-
Earth 'can no longer sustain' intensive fossil fuel use, Lula tells COP30
-
Kendrick Lamar leads Grammy noms with nine
-
Ex-British soldier fights extradition over Kenyan woman's murder
-
Kolisi to hit Test century with his children watching
-
Alex Marquez fastest in practice ahead of Portuguese MotoGP
-
Will 'war profiteer' Norway come to Ukraine's financial rescue?
-
Tech selloff drags stocks down on AI bubble fears
-
Blasts at Indonesia school mosque injure more than 50
-
Contepomi says lead-in to Wales match a 'challenge' for Argentina
-
Greece woos US energy deals, as eco groups cry foul
-
Frank says Spurs supporting Udogie through 'terrible situation'
-
MSF warns of missing civilians in Sudan's El-Fasher
-
Norris on top as McLaren dominate opening Sao Paulo practice
-
UN warns 'intensified hostilities' ahead in Sudan despite RSF backing truce plan
-
Seven hospitalized after suspicious package opened at US base
-
Guardiola says 'numbers are insane' as he reaches 1,000 games in charge
-
Brazil welcomes China lift of ban on poultry imports
Paragon Subsidiary SI Systems Introduces Next-Generation Mobile-Matic(TM) Robots Ushering a Revolution in Autonomous Warehouse Automation
EASTON, PA / ACCESS Newswire / June 6, 2025 / Paragon Technologies, Inc. (OTC Pink:PGNT), a diversified holding company, today announced that its wholly-owned subsidiary, SI Systems LLC has launched a significantly advanced flagship Mobile-Matic™ picking robot, marking SI Systems' first major product launch in 6 years.
This next-generation Mobile-Matic™ robot integrates lithium-ion power and Wi-Fi connectivity to deliver unprecedented mobility and autonomy for warehouse operations. It is engineered for peak efficiency, capable of processing up to 2,000 orders per hour with an exceptional 99.9% accuracy, drastically minimizing errors and returns. A monumental advantage, the Mobile-Matic™ requires zero picking labor, directly confronting the escalating costs and transient nature of the warehouse workforce by eliminating the need for manual picking. Furthermore, its ergonomically friendly design significantly reduces workplace injuries by automating strenuous and repetitive tasks, enhancing overall safety and productivity.
"This advancement by SI Systems is a prime example of Paragon Technologies' commitment to fostering innovation within our portfolio companies," said Sam Weiser, Paragon's Interim CEO. "SI Systems is putting the 'mobile' back into Mobile-Matic™, cutting the cord to empower customers with unparalleled operational agility and further solidifying our position in the growing automation sector."
The key enhancements to the Mobile-Matic™ picking robot include:
Lithium-Ion Power Source: Each Mobile-Matic™ robot will now have an option to be equipped with a lithium-ion battery pack, enabling cordless, autonomous operation for an entire shift. On-board rapid charging and optional wireless charging, combined with an intelligent Battery Management System (BMS), maximize uptime and extend battery life, boosting customer ROI.
Robust Wi-Fi Connectivity: Primary Mobile-Matic™ robots will feature seamless wireless network access. This eliminates hardwired data connections, enabling:
Remote operational and supervisory access from anywhere in a facility.
Wireless order processing and real-time performance feedback.
Effortless remote diagnostics and over-the-air software updates, ensuring continuous optimization and future-proofing.
Weiser added, "This is a momentous occasion for SI Systems and our valued customers. For a long time, we've been working diligently to bring true mobility to our already highly efficient Mobile-Matic™ platform. These enhancements, particularly the integrated lithium-ion power and Wi-Fi connectivity, are not just incremental improvements; they represent a fundamental shift in how our robots will operate, offering unparalleled flexibility and autonomy. This product launch reaffirms our commitment to investing in our core technologies to deliver the most advanced and efficient solutions to the market."
David Lontini, Chairman of Paragon noted, "This announcement reflects the unwavering commitment of the independent directors to increase investment in SI and position the subsidiary for future growth. SI has experienced a long period of underinvestment but the new truly Mobile Matic is the first step in re-establishing the company as a leader in high-speed, highly accurate dispensing equipment for warehouse operations."
SI Systems plans to begin taking Mobile-Matic™ picking robot orders beginning late in the third quarter of 2025 for delivery early in 2026.
Commitment to Early Adopters
To ensure customers always benefit from the latest technology, SI Systems is offering a special retrofit program for those who purchase current-generation Mobile-Matic systems in 2025 before the new, fully mobile units are widely available. This initiative underscores our dedication to customer satisfaction and protecting their automation investments.
About Paragon Technologies
Paragon Technologies, Inc. is a holding company owning subsidiaries that engage in diverse business activities, including material handling, distribution, real estate, and investments. For additional information please visit: www.pgntgroup.com.
About SI Systems LLC
SI Systems LLC is a leading provider of innovative material handling and automation solutions for a wide range of industries. With a heritage of developing advanced technologies, SI Systems is dedicated to improving operational efficiency, accuracy, and productivity for its customers through cutting-edge robotic and automated systems.
Investor Relations Contact:
Alliance Advisors IR
[email protected]
SOURCE: Paragon Technologies Inc.
View the original press release on ACCESS Newswire
L.Harper--AMWN