Built Robotics, a construction autonomy company and inventor of the Exosystem, which “turns any excavator into a robot”, is acquiring Roin Technologies, the maker of the what is claimed to be the “first automated concrete power trowel”.
The acquisition will grow the capabilities of Built’s engineering team and accelerate key technological developments to expand automation beyond construction into new applications and markets.
Noah Ready-Campbell, founder and CEO of Built Robotics, says: “Since their founding, Roin’s team has pushed the boundaries of construction autonomy, which has created a unique expertise in our industry.
“With Roin joining Built, the combined teams will continue developing new autonomous construction applications, and customers can expect to see robotic applications expanding beyond earthmoving.”
As part of the acquisition, Roin’s CEO, Jim Delaney, will join Built’s engineering team. The technologies underlying Roin’s automated power trowel and shotcrete robot will be integrated into Built’s software and hardware systems, and engineering efforts will be focused on Built’s existing and future product lines.
Jim Delaney, founder and CEO of Roin, says: “We see joining Built as the next step in Roin’s story.
“I have always admired what Built has launched and how they’ve moved the construction industry forward in adopting new technologies, and I am excited to have the opportunity to join their team.”
With shortages in labor and declining productivity rates, construction costs worldwide have slowed the building of critical infrastructure, clean energy, transportation, and housing projects in time when they are needed most.
Roin will join Built in continuing the mission of bringing autonomy to the construction industry and helping to bring modern tools into the hands of skilled workers.