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Cognex Enters New Market with Launch of In-Sight SnAPP Vision Sensor

Innovative product brings new levels of accuracy, simplicity, and functionality to industrial sensors

Natick, MA, USA September 12, 2023 - Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced the launch of the In-Sight SnAPP vision sensor, redefining standards for ease of use, accuracy, and functionality in an industrial sensor. This product expands the Company’s capabilities into the vision sensing space and adds an additional $1 billion to its served markets.

“The In-Sight SnAPP, designed for maximum simplicity and ease of deployment, provides customers a new, accessible on-ramp to machine vision,” said Carl Gerst, Executive Vice President of Products, Platforms, and Solutions at Cognex. “We’re now making Cognex’s industry-leading edge learning technology accessible to more businesses around the world, in nearly every end market, enabling users to quickly improve efficiency and streamline their manufacturing processes.”

The In-Sight SnAPP sensor solves a range of common quality control challenges, including presence/absence inspections, assembly verification, and defect detection. Vision-based detection is a step-up from conventional laser-based sensors, providing superior capability to locate features and parts in any position and to detect subtle defects. In-Sight SnAPP is trained using just a few examples and does not need any programming or vision knowledge by the user. Additionally, the web-based user interface allows customers to plug in and run In-Sight SnAPP from anywhere using a standard web browser – the first Cognex product to not require software for installation.

“The In-Sight SnAPP is our easiest-to-use product to date, combining our industry-leading vision capabilities and edge learning technology with a sharper focus on user experience,” commented Robert Willett, President and CEO of Cognex. “Expanding into the vision sensing market with the In-Sight SnAPP will help propel our Emerging Customer initiative, broadening our customer base and contributing to our long-term growth targets.”

For more information on In-Sight SnAPP, visit cognex.com/in-sight-snapp.

For investment opportunities with Cognex, visit investor.cognex.com.

About Cognex Corporation

For over 40 years, Cognex has been making advanced machine vision easy, paving the way for manufacturing and distribution companies to get faster, smarter, and more efficient through automation.

Innovative technology in our vision sensors and systems solves critical manufacturing and distribution challenges, providing unparalleled performance for industries from automotive to consumer electronics to packaged goods.

Cognex makes these tools more capable and easier to deploy thanks to a longstanding focus on AI, helping factories and warehouses improve quality and maximize efficiency without needing highly technical expertise.

We are headquartered near Boston, USA, with locations in over 30 countries and more than 30,000 customers worldwide. Learn more at cognex.com.

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Liz Bradley

Head of Communications

Cognex Corporation

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Greer Aviv

Head of Investor Relations

Cognex Corporation