Dexterity, a provider of robotic solutions for a variety of industries, has agreed a strategic partnership with the Sumitomo Corporation to install 1,500 Dexterity-powered robots in warehouses across Japan.
Sumitomo Corporation, a Japan-based Fortune 500 multinational, signed an exclusive distributorship agreement in Japan with Dexterity to push into the Robots as a Service (RaaS) business in Japanese warehouses.
Prior to signing this distribution agreement, Sumitomo invested in Dexterity in 2020 through Presidio Ventures, Sumitomo’s US-based corporate venture capital arm. [Read more…] about Dexterity and Sumitomo partner to bring ‘next generation robotics’ to Japanese warehouses