Humanoid Global Invests in Formic to Advance Autonomous Robotics Manufacturing
Humanoidโค Global โฃhas announced a strategic investment inโ Formic,a company focused onโค automating robotics โฃmanufacturing. The investment aims to accelerate the wider adoption ofโค autonomousโข robotic solutions within the manufacturingโฃ sector.
According to a pressโ release, Humanoid Global’s investment aligns with its overallโค investment โขstrategy and objectives. formic specializes in providing a platform that simplifies โคthe deployment and scaling of โฃrobotic โworkcells.โ The company has received recognitionโ for itsโ innovation, including โbeing named aโข 2023 Most Innovative Company by Fast Company and โbeing featured inโข Andreessen Horowitz’sโค American Dynamism 50. Formic was also selected as โa Technology Pioneer by the World Economic Forum in 2023.
The press release contains forward-looking statements regarding the company’s growth plans, operational initiatives, and โขthe expected benefits of the investment. theseโข statements areโค based on โcurrent management expectations and are subject to โrisksโ and uncertainties, โincluding changes in market conditions,โ regulatory approvals, and the performance of Formic โitself.
Investors are directed to Humanoid Global’s profile onโ SEDAR+ (www.sedarplus.ca) for further data regarding these risks. The companyโ does not undertake any obligation toโ update or revise these โforward-looking statements unless โrequired by applicable โคsecurities laws.
This informationโข is based โon the original press release and is intended for informational purposes only.