ASI and SoftBank Group Form Joint Venture to Advance Autonomous Construction at Scale

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Postmedia has not reviewed the content. by Business Wire ASI and SoftBank Group Form Joint Venture to Advance Autonomous Construction at ScaleAuthor of the article:SoftBank Funding Combined with ASI’s 25+ Years of Mobius® Fleet Management Expertise Will Accelerate Commercialization of OEM-Agnostic, Mixed-Fleet Autonomous Solutions for Next-Generation InfrastructureTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountMENDON, Utah — Autonomous Solutions, Inc. (ASI), the worldwide leader of industrial vehicle automation and creator of Mobius®, the platform that defined Industrial Autonomous Fleet Orchestration (IAFO), has formed a joint venture with SoftBank Group Corp. (TSE: 9984, “SoftBank Group”) focusing on the development and commercialization of autonomous construction equipment for large infrastructure projects.The joint venture has been capitalized by SoftBank Group for meaningful scale across a number of construction use cases, substantially enhancing ASI’s capacity to meet the market’s need for next-generation autonomous solutions focused on civil construction and material handling.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againIn addition to the ASI/SoftBank joint venture, SoftBank Group invested $225M in ASI, providing capital to grow its commercial operations across the broader construction market.“This joint venture with SoftBank positions ASI at the forefront of autonomous construction innovation—built for scale, engineered for longevity, and open to every major equipment brand on the jobsite,” shares ASI CEO Mel Torrie. “Together, we offer automated OEM-agnostic heavy equipment solutions that let customers deploy mixed fleets of haul trucks, dozers, loaders, compactors, and more—all operating autonomously together across complex tasks from earthmoving to vertical construction. Backed by world-class capital and 25+ years of proven technology, we’re not just advancing autonomy—we’re inviting the industry’s leading builders of large infrastructure projects, like roadways, airports, railways, waste management, and other adjacent applications, to shape the future of construction with us.”About Autonomous Solutions, Inc.Autonomous Solutions, Inc. (ASI), worldwide leader of industrial vehicle automation, developed the Mobius® Industrial Autonomous Fleet Orchestration system. ASI’s innovative, proprietary robotic hardware and software make any fleet, large and small, operate autonomously. Most autonomous solutions are designed around a single vehicle, a closed ecosystem, or a future roadmap. ASI was built for real-world fleet orchestration across mixed vehicle environments, existing infrastructure, and long-term operational scalability. Trusted by global Fortune 500 companies across various sectors, such as heavy construction, agriculture, logistics, and landscaping, ASI transforms the dirty, dull, and dangerous into efficient, scalable, accurate, and reliably productive operations. Founded in 2000 by a group of engineers who took technologies developed at Utah State University into the commercial sector, ASI has grown to become one of the largest privately held robotics-focused companies anywhere and continues to rapidly scale. Homebase is ASI’s 200+-acre proving ground in Northern Utah with offices in Salt Lake City, Utah, Dallas/Fort Worth, Texas, and Longmont, Colorado. For more information, visit asirobots.com or follow ASI on LinkedIn.View source version on businesswire.com: Alice DiSanto, VP of Marketing for Autonomous Solutions, Inc.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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