Sona BLW Precision Forgings Limited (Sona Comstar) has approved a capital expenditure of ₹62.6 crore to establish a new business focused on manufacturing advanced robotics components and systems. The move marks a significant step in the company’s diversification strategy as it expands beyond its core automotive business into the rapidly growing robotics and automation sector. … Read more
The past seven days delivered a concentrated burst of robotics news that, taken together, paint a picture of an industry shifting from proof-of-concept to mass deployment. From factory floors to living rooms, from Chinese EV boardrooms to a sprawling Arizona desert test track, the machines are advancing on every front. XPeng’s CEO Takes Personal Control … Read more
German robotics company Neura Robotics has secured a landmark Series C funding round worth up to $1.4 billion, attracting support from some of the world’s biggest technology companies and investors as competition intensifies in the rapidly growing humanoid robotics sector. The funding round includes participation from major global players such as Nvidia, Amazon, Qualcomm, Tether, … Read more
Indian marine robotics startup Rekise Marine has secured $9.7 million in fresh funding in a round led by Accel and NKSquared, as the company accelerates the development of autonomous ships, submarines, and advanced underwater defence technologies for the Indian Navy. The funding round also attracted participation from prominent investors, including Sameer Brij Verma, former partner … Read more
Motorola Solutions has acquired Israeli defense technology company D-Fend Solutions in a deal valued at approximately $1.5 billion, marking one of the most significant exits in the rapidly expanding counter-drone technology sector. The acquisition highlights the growing importance of drone security solutions as governments, military organizations, and critical infrastructure operators worldwide seek effective ways to … Read more
Xona, the company pioneering a new era of satellite navigation, has announced $92 million in new funding, bringing its total capital raised to $150 million. The latest Series B round was led by Craft Ventures and included participation from Stellar Ventures, Seraphim Ventures, Toyota Ventures, First Spark, Industrious Ventures, Future Ventures, and NGP Capital. Additionally, … Read more
