Symbotic made its debut on the NASDAQ today under ticker symbol “SYM” after completing its business combination with SVF Investment Corp. 3.
The companies received the contract for ModuLink, a product that allows users to turn their spacecraft into customized robotic spacecrafts.
Space ROS is a version of ROS 2 meant to meet verification and validation requirements aerospace software must meet before being used in a mission.
Formerly known as Houston Mechatronics, Nauticus is developing surface and underwater robots that perform a variety of ocean tasks, including transportation, data collection, equipment maintenance and more.
The transaction will deliver up to $725 million of primary gross proceeds for Symbotic. The deal values Symbotic at $4.8 billion.
Samir Menon, founder and CEO of Dexterity, joined The Robot Report Podcast to discuss the company’s full-stack robotic picking systems. The show also discussed how China’s new regulations killed an autonomous vehicle SPAC.
Plus and blank check firm Hennessy Capital Investment Corp. terminated their SPAC merger. The companies said this was a mutual decision made because of “recent developments in the regulatory environment outside of the United States.”
Memic develops Hominis, the first FDA-approved, robotically-assisted surgical device for performing transvaginal hysterectomy.
Adaptive locomotive modality, or the ability to move in different ways, is integral to extreme terrain exploration on the Moon and Mars.
After the deal closes, Aurora will have raised another $1 billion from private investors involved in the SPAC.
Embark will get about $614 million in cash proceeds, which it said will fund the company through 2024.
Memic develops Hominis, the first FDA approved, robotically-assisted surgical device for transvaginal hysterectomies.
Bright Machines intends to go public this year though a merger with SCVX, a a special purpose acquisition company.
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…
To ensure cables on industrial robots can be guided in motion safely, easily and compactly, igus developed the four-dimensional triflex TRX energy chain. The new design study replaces classic robot hose packages and retraction systems. igus said the system offers a 40% retraction length ensured by a unique telescopic mechanism inside the chain. This allows…
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…
Sarcos announces that it will become publicly listed through a merger transaction with Rotor Acquisition Corp.
Suma Reddy, CEO of agriculture robotics startup Future Acres, joins us to discuss the future of agtech automation.
Berkshire Grey, a developer of integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics, is going public through a merger with special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC). The deal values the combined company at $2.7 billion. Berkshire Grey said it will have approximately $507 million in cash when…
Cruise co-founder, president and CTO Kyle Vogt weighed in on the LiDAR SPAC trend, saying the industry will eventually consolidate.
A SPAC offers startups quicker access to capital and greater liquidity, which can help drive innovation in advance of greater adoption.
The Compact Interior Painting Station enables automotive manufacturers to reduce the size of their vehicle interior painting stations by one third, while saving costs and making facilities more sustainable, said ABB.