Automation Majors Invest in Robotics (UPDATED)
Two major industrial automation companies—Mitsubishi Electric and Rockwell Automation—have announced strategic investments in independent robotics suppliers over the past few months. Mitsubishi Electric invested in Clearpath Robotics, the parent company of autonomous mobile robot (AMR) supplier Otto Motors. This investment adds to Mitsubishi’s previous investments in Clearpath Robotics. According to Mitsubishi Electric, this investment “expands…