The startup has developed an energy recovery system that retrofits excavators to capture and utilize the potential energy generated by the boom movement. This technology enhances fuel efficiency and reduces carbon emissions, addressing the environmental impact of traditional excavator operations.
Funding
Funding not disclosed
Founders
Product
Problem
Excavators waste significant energy during boom operation, leading to increased fuel consumption and higher carbon emissions. Traditional hydraulic systems in excavators dissipate energy as heat when the boom is lowered, rather than recovering and reusing it. This inefficiency results in unnecessary operational costs and environmental impact.
Solution
Readi Robust Machine (RRM) offers energy recovery systems for excavators that capture and reuse energy from the boom's movements. The READiX system recovers energy during boom lowering and stores it in an accumulator. This stored energy is then used to assist the boom's lifting motion, reducing the load on the engine or electric motor. By retrofitting existing excavators with READiX, or integrating it into new designs, RRM enables significant fuel or electricity savings and reduces carbon emissions. RRM also offers READi EX, which combines the READiX energy recovery system with READi EPC, a software solution for electric excavators, optimizing performance and energy efficiency in fully electric conversions.
Target Audience
RRM's primary customers include construction companies, waste management firms, mining operators, and port facilities seeking to reduce fuel costs, improve equipment performance, and lower their carbon footprint, as well as OEMs.
Features
- READiX: Power hybrid system that recovers energy from the excavator's boom movement
- READiX: Reduces fuel consumption by 20-30% in diesel excavators
- READiX: Enhances operational performance with faster and more precise movements
- READiX: Mobile app connectivity for remote mode switching (Power, Eco, Normal) and real-time energy monitoring
- READiX: IoT technology enables equipment location tracking and energy data analysis via cloud server
- READi EPC: Software solution for electric excavators, ensuring seamless operation after diesel engine removal
- READi EPC: Compatible with various attachments like grapples and hammers
- READi EX: Combines READiX and READi EPC for optimized energy recovery and control in electric excavators