
Boston Dynamics develops and deploys highly mobile robots with advanced mobility, dexterity and intelligence, enabling automation in unstructured or hard-to-traverse spaces, from industrial plants and construction sites, to distribution centers and warehouses.
Hyundai Motor Group, Boston Dynamics, Inc. and SoftBank Group Corp. (TOKYO: 9984) announced today the completion of the Group’s acquisition of a controlling interest in Boston Dynamics from SoftBank, following regulatory approvals and other customary closing conditions. The deal valued the mobile robot firm at $1.1 billion. Additional financial details were not disclosed. Now, the Group holds an 80% stake in Boston Dynamics. SoftBank, through one of its affiliates, retains the remaining 20% share.
“By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the Group takes another major step toward its strategic transformation into a Smart Mobility Solution Provider. To propel this transformation, the Group has invested substantially in the development of future technologies, including autonomous driving, artificial intelligence (AI), Urban Air Mobility (UAM), smart factories and robots,” said Hyundai Motor Group in a release. Continue reading










Toyota Starts Free Autonomous Shuttle in Indianapolis
The free service, a part of TMF’s Together in Motion Indiana, began June 1.
The Toyota Mobility Foundation (TMF), Energy Systems Network (ESN) and the Indiana Economic Development Corporation (IEDC) with May Mobility autonomous vehicle (AV) technology and shuttle operations, have launched a free autonomous shuttle service in Central Indiana.
To ensure riders’ health and safety, masks are currently required for all passengers and fleet attendants. Shuttles will carry only one household per ride, and all shuttles are equipped with partitions and UVC disinfectant lights that will clean the shuttle interior between rides. Continue reading →