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✉news TechnologyRobotics first seen 5 h ago, last 4 h ago, peak #37

SoftBank Puts $225 Million Into Utah Robotics Firm

Original: SoftBank Invests $225M in Utah's Autonomous Solutions, Forms Construction Robotics Joint Venture

SoftBank is investing $225 million in Autonomous Solutions, a Utah-based autonomous vehicle technology company, and has formed a joint venture focused on construction robotics. The deal signals SoftBank's continued push into industrial automation and robotics, pairing its capital with a firm specializing in off-road and autonomous systems. The move points to growing investor interest in bringing automation to the construction sector, one of the least digitized major industries.

Why now: SoftBank's large investment and new construction robotics venture highlight accelerating interest in industrial automation.

SoftBankAutonomous SolutionsUtah

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