Humanoid Global Makes Strategic Move Into Robotics-as-a-Service With Formic Technologies Investment
Humanoid Global Holdings Corp. has committed to a strategic investment in Formic Technologies Inc., according to recent reports. The move aims to expand automation access for small and mid-sized manufacturers through Robotics-as-a-Service. Sources indicate this partnership could address projected labor shortages in the manufacturing sector.
Strategic Investment in Robotics Automation
Humanoid Global Holdings Corp., a publicly traded investment issuer focused on the humanoid robotics and embodied AI sector, has announced a strategic investment into Formic Technologies Inc., according to company reports released this week. The investment, reportedly valued at $99,997 USD, represents a significant move in the industrial automation space, though sources indicate the transaction remains subject to customary closing conditions.