DSS Inc. (NYSE American: DSS) announced the launch of DSS Robotics, a new business unit focused on AI-powered robotics and intelligent automation solutions for enterprise customers.
The division will offer strategic consulting, systems integration, deployment, lifecycle support and Robotics-as-a-Service, according to the company. It will operate out of an AI and Robotics Innovation Center being established at DSS Premier Packaging's manufacturing facility in Rochester, New York, which will serve as both an operational deployment site and a customer demonstration facility.
CEO Jason Grady said the move represents a natural extension of DSS's existing enterprise technology capabilities. "Our goal is not simply to place robots in a facility; it is to help organizations identify where intelligent automation can make a meaningful operational difference," Grady said. "The Rochester center will give us a practical environment to demonstrate, test and refine those applications with customers and technology partners."
DSS said artificial intelligence and robotics are changing how businesses approach operations, and DSS Robotics aims to apply automation to real operational needs and deliver measurable value.
DSS Inc. reports revenue from existing business lines including product packaging, biotechnology, commercial lending and securities and investment management.
Shares of DSS closed at $0.7662, up $0.0162 or 2.16%, following the announcement.