Top 10 Robotics Transactions of May 2021

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Drone pioneer American Robotics picked up for $70.6M

​Marlborough, Mass.-based American Robotics Inc. has developed industrial drones, and its systems were the first to receive U.S. Federal Aviation Administration approval for beyond visual line-of-sight (BVLOS) operations. American Robotics said its technology is useful for critical infrastructure inspection. Ondas Holdings Inc. last month acquired American Robotics for $70.6 million and plans to integrate its systems with its own wireless broadband technology.

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1. 4D radar provider Oculii obtains Series B funding

2. Path Robotics raises $56M for autonomous welding

3. Innovusion to expand lidar R&D with Series B funding

4. Drone pioneer American Robotics picked up for $70.6M

5. PuduTech to use Series C funds to develop more service robot…

6. Mech-Mind builds funding to more than $100M for machine visi…

7. Einride to use Series B to expand autonomous freight

8. 3D printing firm Formlabs doubles valuation to $2B

9. SPAC merger yields $435M for Bright Machines

10. Plus enters SPAC merger to accelerate autonomous trucking

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