Amp Robotics Corp., a Denver-based company focused on artificial intelligence (AI) and robotics for the recycling industry, has been named to Fast Company's annual list of the World’s Most Innovative Companies for 2020.
The list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s fast-changing world. This year’s Most Innovative Companies list features 37 industry categories that include 434 businesses from 39 countries.
“To be named among the ranks of companies at the forefront of innovation across various industries is a huge milestone for Amp and a reflection of the tireless work of our team to maximize the value of recycling,” says Matanya Horowitz, founder and chief executive officer at Amp. “Our technology has transformative implications for recycling and waste management, and this recognition of our achievements to date serves as a springboard as we continue to innovate to advance the circular economy.”
Fast Company editors and writers sought out the most groundbreaking businesses on the planet and across myriad industries, according to a news release from Amp Robotics on the award. They also judged nominations received through an application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“At a time of increasing global volatility, this year’s list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and far beyond,” says Fast Company Senior Editor Amy Farley, who oversaw the issue along with Deputy Editor David Lidsky.
According to Amp, some of the company’s most recent technological innovation is in the application of AI and robotics for the material characterization and sorting of recyclables from the waste stream to increase recycling rates. The Amp Neuron AI platform uses computer vision and machine learning to process millions of images, identifying specifically what is in the waste stream—all the way down to the packaging brand. Neuron powers AMP Cortex, which uses high-performance robots that rapidly sort, pick and place materials at speeds of more than 80 pieces a minute per robot.
Fast Company’s Most Innovative Companies issue is now available online, as well as in app form via iTunes and on newsstands beginning March 17.