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November 24, 2025 · Humanoid Global announced two investments, in global robotics marketplace HowToRobot, and RaaS vendor Formic as the company expands its humanoid and AI portfolio.
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June 25, 2024 · Formic's RaaS offering includes deploying the system and providing continuous monitoring and maintenance throughout the engagement. The company also announced a finanancing partnership.
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October 31, 2023 · Nulogy and Formic said the combination of supply chain software and manufacturing robotics will help businesses digitalize and compete.
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May 9, 2023 · While demand for robots continues to be high, there are a number of barriers that companies face with adoption. In a recent panel, robotics executives, systems integrators, and investors explained what to do.
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October 27, 2022 · Mujin demonstrated its QuickBot depalletizing system at A3's AMR and Logistics Week and announced that it will be available through a robotics-as-a-service model.
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January 18, 2022 · Formic Technologies, which is now valued at more than $100 million, said it will use its Series A funding to expand its pay-by-the-hour automation for U.S. manufacturers.
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November 22, 2021 · Polar Hardware, which manufactures door and truck body hardware, struggled to meet production goals and has turned to Formic's robotics-as-a-service and collaborative robots.
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August 30, 2021 · With an hourly rate for robotics as a service, Formic says its financing and deployment offering can reduce customer risk and let manufacturers to more easily adopt robots.
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