Genesis Robotics Enters Into Strategic Venture With Koch Industries

The Robot Report

Koch Chemical Technology Group (KCTG) has made a strategic and controlling investment in Genesis Advanced Technology. Financial terms of the deal were not disclosed. KCTG is the industrial-technology and engineered-equipment unit of Koch Industries. Under the agreement, a new company called Genesis Robotics and Motion Technologies (Genesis Robotics) will commercialize electric motor and actuation technologies, including the…

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Source: therobotreport

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