Path Robotics, an Ohio company that makes AI-based robotic welding systems, has raised $300 million in a Series E round led by Georgian, the company said on Tuesday.
It will use the money to reach more customers, add capabilities and keep training its artificial intelligence models. Path works with established shipbuilders including HII, with the start-up Saronic Technologies and with Lockheed Martin, Defense Daily reported.
Source: Defense Daily
Also reported by Robotics & Automation News
Background
Path Robotics
Robotic welding company
An Ohio-based company that makes AI-based robotic welding technology.
HII
Organization
Largest military shipbuilder in the United States, also a provider of professional services.
