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Robotics startup wins Panasci competition

A robotics startup that makes and sells self-piloting technology and automation tools to ship operators sailed to victory in the University at Buffalo’s Henry A. Panasci Jr. Technology Entrepreneurship Competition.

Buffalo Automation Group won a prize package valued at $52,000. The three-member team consisted of UB undergraduates Thiru Vikram of India, Emilie Reynolds of Webster and Alexander Zhitelzeyf of Brooklyn.

Five teams of finalists delivered 10-minute pitches to a panel of judges. The field was reduced from 22 first-round pitches.

Buffalo Automation group will receive $25,000 in start-up capital, as well as $27,000 in in-kind services. The venture was also granted a bid for the semifinals of the 43North competition.

The second-place team, Shay Bioproducts, was awarded $10,000.