York Space Systems plans to acquire Australian robot manufacturer Outlook Industries
YSS York Space Systems Inc
$7.24 +3.28%
View chart & analysis → - 1York Space Systems plans to acquire Outlook Industries, an Australian-based robot manufacturer.
- 2CEO Dirk Wallingar said space-based connectivity for unmanned platforms will make the difference between leading or falling behind.
- 3York Space Systems plans to demonstrate the Shadow robot driving autonomously and deploying drones during a demonstration on December 15.
So what's the key point?
York Space Systems is looking to buy a robot-making company in Australia. This move is intended to secure space communication technology to gain an advantage in the robotics field.
Source Axios · View original ↗
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