Singapore Technologies Engineering has acquired Aethon and its autonomous mobile robot, TUG, usually seen performing some logistical task or other.
ST Engineering is a $5 billion engineering firm with global operations and strong expertise in mobile robotics.
The value of the deal was not made public.
Aethon will become a division of ST Engineering’s US headquarters, VT Systems and will be part of the group’s land systems sector which is led by ST Kinetics, which is focused on robot technology innovation. [Read more…] about ST Engineering acquires Aethon, maker of the TUG autonomous mobile vehicles