Roboteam

growth-positive

Israeli unmanned ground vehicles company Roboteam, which develops and manufactures robots for military and security missions, is set to be acquired by Group Psagot for Finance and Investments. The deal, which values Roboteam at $40 million, will see all of Roboteams shares transferred to Psagot. In return, the current shareholders of Roboteam will be allocated 56.3% of the public companys shares, with options to increase their stake to 70% under certain conditions. The completion of the transaction is dependent on various approvals and conditions.

growth-positive

Roboteam, a developer and manufacturer of tactical unmanned platforms, has received an initial purchase order to supply over 130 Micro Tactical Ground Robot (MTGR) systems to the United States Marine Corps. The order, part of a larger agreement, is worth approximately $30 million and will see Roboteam supplying around 200 MTGR units in total, along with spare parts and maintenance services. The contract was facilitated through Roboteams collaboration with its U.S. partner, Mistral Inc. The manufacturing of these systems is being conducted locally in the U.S., with final assembly at Mistral’s White Marsh production facility. Roboteam aims to complete the full delivery by the first quarter of 2025.

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Israeli startup Heven Drones has unveiled the first-ever flying robot, developed in partnership with Roboteam. The robotic solution combines Heven Drones H100 Robo with Roboteams Micro Tactical Ground Robot (MTGR) to create an integrated solution for autonomous tasks. The drone has the ability to lift significant weights and carries the robot, software, and communication link. Heven Drones aims to disrupt industries with actionable drone solutions and has recently launched a production facility with the capacity to produce over 200 drones a month. The company envisions a future where drones and land robots work together to complete various tasks autonomously.

growth-positive

סמארט-שוטר ורובוטים חשפו פיתוח משותף של רובוט קרבי אוטונומי המצויד בעמדת ירי, אשר באמצעות כוונת מיוחדת, מבוססת AI, מתבייתת אוטומטית על המטרה ופוגעת בה ברמת דיוק מקסימלית. הפיתרון המשולב הינו תוצר של אינטגרציה בין רובוט מדגם Tigr של רובוטים ועמדת הירי החכמה Smash Hooper של סמארט-שוטר. שתי החברות יציגו את הפיתרון המשותף בתערוכה הצבאית Eurosatory 2022, שתיפתח בפריז באמצע החודש.

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Roboteam, a tactical ground robotic system developer, has won a tender to supply the New Zealand Defense Force with remotely-controlled robots. The value of the deal has not been specified but is estimated to be worth millions of dollars. Roboteam will supply a family of robots that operate on a wireless mesh network. The company will equip the NZDF with three robotic products, including a Transportable Interoperable Ground Robot, a Micro Tactical Ground Robot, and an Individual Robotic Intelligence System. Roboteam plans to establish a dedicated robotics support laboratory in Australia to support the tender and handle its clients in the Asia Pacific region. The company currently sells its products in over 20 countries worldwide.

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Israeli company Roboteam has won a $10 million tender with the Italian government to supply the countrys military police with tactical ground robotic systems. Roboteam will partner with Italian contractor BMD Spa to provide 40 Transportable Interoperable Ground Robot (TIGR) systems, along with training and maintenance services. The TIGR is a highly maneuverable system with advanced arm capabilities and thermal vision for intelligence, surveillance, and reconnaissance missions. This is Roboteams first win in an open tender for the TIGR system, following recent tender wins in Japan, Korea, and other countries. The company, founded in 2009, focuses on manufacturing advanced military robotic systems and has sold its products in over 20 countries worldwide.

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Temi, a robotics startup, has secured $21 million in series B financing led by John Wu, Alibabas former chief technology officer. The funding will be used to establish a marketing and distribution plan with Ogawa, a Hong Kong internet of things and wellness giant. Temi plans to launch its telepresence product at the upcoming Consumer Electronics Show in January. This investment aligns with Temis strategy to expand globally and transition to sales mode. Temi is a pivot for its parent company, Roboteam, which previously developed robotic systems for military deployments. Temis goal is to make consumer robots for the home. The robot is equipped with advanced technology and sensors, and it can be controlled through an app or voice recognition. Temi will be priced at $1,500 and production is expected to ramp up to 30,000 units per month by the end of December.

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Israeli defense robotic systems developer Roboteam has unveiled its Transportable Interoperable Ground Robot (TIGR) at the AUSA 2017 exhibition in Washington DC. The company develops tactical ground robotic systems and controllers for defense, law enforcement, and public safety missions. Roboteam raised $50 million at a company value of $200 million from the Generali Fund and a group of Singapore investors. The TIGR is a highly mobile, all-weather system capable of operating in any terrain, incorporating best-in-class day and night vision and six HD video cameras. It provides a holistic robotic approach to defeat any threat in any environment. Roboteams customers include top units within the US Military, Special Forces, EOD units, SWAT teams, and other elite units worldwide.

growth-positive

Israeli company Roboteam, known for selling robots to militaries, is now entering the consumer market with a new line of robots designed to assist elderly people. The company has raised $50 million in funding from Fenghe Investment Group and John Wu, former venture capitalist and Alibaba CTO. The robots will be about three feet high, equipped with an interactive 10-inch display, and 40 sensors for autonomous movement. Roboteam plans to launch the robots in time for Christmas, with a go-to-market strategy that includes pop-up shops in tech-savvy cities and a coordinated campaign to pitch the first 10,000 units. The company aims to avoid the Kickstarter model and plans to have 10,000 units ready for delivery at launch.

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Israeli startup Roboteam has unveiled three new developments, including the MTGR system, a lightweight combat proven tactical robot. The system significantly reduces risk to soldiers in the battlefield and enhances their ability to carry out complex and precise missions. Roboteam also developed the IRIS, a lightweight robot for gathering intelligence in urban areas, and the PRoBOT, a versatile carrier and reconnaissance robot. Roboteam recently raised $50 million at a company value of $200 million from the Generali Fund and a group of Singapore investors.

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The article is about Mehl Partners, a family office and international strategic advisory firm. The key theme of the article is innovation and growth. The article discusses the companys focus on various industries and its target businesses globally, which provide significant opportunities for growth through syndicated investments, venture capital, private equity, high-tech, and M&A. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or a date of the event. The impact on the company is classified as growth-positive.

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Israeli robotics specialist Yosi Wolf, co-CEO and founder of Roboteam, believes that the West, including Israel, is at least 10 years ahead of terrorist elements in terms of warfare technology. He predicts that military-use robots will experience high growth in the future, but fully-autonomous robots will take about 20 years to proliferate. Roboteam, which develops tactical robotic systems, aims to have its robots deployed in daily use by infantry forces. The company has recently secured a five-year, $25 million contract with the US Air Force and has seen increased demand for its equipment following the recent attacks in Paris. Roboteam collaborates heavily with the IDF and its products are designed to bolster the security and defense sector.

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The Israeli Defense Forces have introduced a new robot technology developed by Israeli start-up Roboteam to aid in excavating Hamas’s vast tunnel network. The Micro Tactical Ground Robot, which can clear obstacles, climb stairs and maneuver in tight, dangerous terrain, beat more established U.S. and Israeli companies in a rush tender for up to 110 shoulder-carried robots. The robot can provide 360-degree data with voice and video, which it can transmit via encrypted radio. Roboteam is also a priority provider to the Pentagon’s Combating Terrorism Technical Support Office.