ATI is a leading developer of end-of-arm tooling, including robotic changing systems, force/torque sensors, and collision sensors for industrial, collaborative, and medical robotic applications.
After the deal closes, Aurora will have raised another $1 billion from private investors involved in the SPAC.
HD mapping startup Carmera and Toyota collaborated on multiple projects from 2018-2020 in Detroit, Michigan, and Japan.
Salt Lake City-based Teal Drones, founded in 2014, makes aerial drones and related technologies for commercial and government applications.
Acquisition is expected to help Novanta expand into automation and robotic applications through advanced motion control solutions.
enVista said the acquisition will enable it to meet growing market demand for automated solutions
The benefits of minimally-invasive surgery have been recognized for decades, but adoption in the spine market has been slow compared to other procedures.
The acquisition will help Fetch and Zebra integrate technology to connect human workers, tools like hand-held scanners and self-navigating robots.
Embark will get about $614 million in cash proceeds, which it said will fund the company through 2024.
Hyundai paid about $880 million to acquire the controlling stake from Softbank in December 2020, valuing Boston Dynamics at $1.1 billion.
rideOS’ routing and fleet management technology will enable Gopuff innovate faster, power multi-modal deliveries, and reduce delivery times.
Nvidia has agreed to acquire precision mapping technology provider DeepMaps for an undisclosed amount. The deal adds to Nvidia’s growing set of autonomous vehicle technologies.
The Robot Report tracked 36 robotics investments worth at least $581 million in May 2021. There also were three mergers and acquisitions.
Bright Machines intends to go public this year though a merger with SCVX, a a special purpose acquisition company.
American Robotics’ commercial drone system will be integrated into Ondas’ FullMAX platform, a standards-based networking solution designed to enable enhanced data communications for field operations.
Calif.-based Plus is hopping on the SPAC train. The startup, which is developing self-driving truck technology, is being acquired by Hennessy Capital Investment Corp. V, a publicly-traded special purpose acquisition company (SPAC). If the deal is approved, the combined company will be valued at $3.3 billion and trade on the New York Stock Exchange under…
The Robot Report tracked 38 robotics investments worth more than $4.8 billion in April 2021. This is quite the rebound from the same time last year when, amidst the uncertainty caused by the COVID-19 pandemic, robotics companies raised about $600 million. This marks a 700-plus percent increase in robotics investments year-over-year. There also were eight…
The consolidation of the capital-intensive autonomous vehicle industry continued today. While Lyft is the latest company to abandon the development of autonomous vehicles, it won’t be the last. Lyft sold its self-driving unit, Level 5, to Toyota subsidiary Woven Planet Holdings for $550 million in cash. Lyft will receive $200 million upfront and $350 million…
Brooks Automation has entered a definitive agreement to acquire Precise Automation, a Fremont, Calif.-based developer of collaborative robots and automation subsytems, for about $70 million in cash. The acquisition is expected to close by the end of April 2021 upon satisfaction of customary closing conditions. Chelmsford, Mass.-based Brooks Automation said it expects the deal to…
Robin Autopilot USA, a developer of robotic mowing technology, acquired Mowbot, a robotic lawn care franchise with 16 locations throughout the U.S. As part of the acquisition, Robin Autopilot will launch an expanded partnership with Husqvarna Group, which is a major investor in Mowbot and an equity partner of Robin. Mowbot will become known as…
Canadian underwater robotics company Kraken Robotics Inc., announces that it has acquired 13 Robotics Ltda of Brazil in a deal worth $220K.
Vicarious Surgical will go public through a $1.1 billion special purpose acquisition company (SPAC) deal, the robotic surgery pioneer announced. Vicarious, which has sought to bring robotics and virtual reality to minimally invasive surgery, will trade on the New York Stock Exchange under the symbol RBOT after the merger with D8 Holdings. Hong Kong–based D8…