Capability X takes AI brains to the industrial jungle

Résumé détaillé

Perth AI hopeful Capability X is heading to the ASX with $12 million in the bank and multiple devices deployed, as its Tesla-inspired industrial technology targets safer workplaces, productivity and automation.

Perth AI developer Capability X, a technology outfit built on the smell of an oily rag, is preparing for its ASX debut tomorrow under the ticker CX8 with $12 million in its back pocket and an artificial intelligence (AI) platform designed to make industrial workplaces safer, smarter and ultimately more automated.

And if founder and chief executive Chris Eastwell gets his way - using workplace safety as a springboard for boosting industrial productivity and potentially one day even automating operations - the company could become to industrial data what Tesla has become to automotive intelligence.

At the heart of Capability X’s technology is CX Edge, a ruggedised computing platform that combines light detection and ranging (LiDAR) sensors, stereoscopic cameras, communications systems and proprietary AI software, all in a briefcase-sized unit.

LiDAR uses laser pulses to measure distances, while stereoscopic cameras provide depth perception. Together, they build a three-dimensional “digital twin” of the surrounding workplace, giving the AI a ringside seat as people, vehicles and machinery go about their business.

Capability X says its AI technology can recognise objects, movement and potential dangers, using information collected from industrial sites to continually improve its software.

Much like Tesla learns from real-world driving conditions, the company aims to use its growing network of industrial devices to provide valuable operational intelligence by learning from the movement of workers and machinery rather than roads and traffic.

Picture a bustling port terminal, with towering cranes swinging massive containers through the air, trucks weaving between stacks of cargo and workers navigating the organised chaos.

Capability X’s CX Protect safety system uses the CX Edge platform and AI software to monitor those movements, identify dangerous proximity events and alert operators to emerging risks before an incident occurs.

Through “edge computing”, the company’s CX Edge…

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