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SoftBankPartnership

SoftBank Invests $225M in Utah's Autonomous Solutions, Forms Construction Robotics Joint Venture

What happened

SoftBank Group formed a joint venture with Autonomous Solutions Inc. to develop and commercialize autonomous construction equipment for large infrastructure projects.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Insider Brief SoftBank Group invested $225 million in Autonomous Solutions Inc . and formed a joint venture with the industrial automation company to develop and commercialize autonomous construction equipment . According to ASI, the joint venture will focus on large infrastructure projects and construction use cases, including civil construction and material handling. SoftBank also capitalized the venture to support deployment of the technology at commercial scale. Utah-based ASI develops Mobius, a fleet-management platform designed to coordinate autonomous industrial vehicles from different manufacturers. The $225 million investment will also support ASI's wider commercial operations in the construction market, the company noted. ASI CEO Mel Torrie said the investment and ASI's more than 25 years of technology development will help the company expand autonomous construction systems while working with infrastructure builders in areas such as roads, airports, railways and waste management. "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," added 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...

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Extracted by Autobound

From the Signal API record
Event
Partnership

What this signalsA new partnership often opens integration and co-selling work.

Product
autonomous construction equipment

Companies

  • Autonomous Solutions Inc.Partnerasirobots.com

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The full record

From the Signal API record

Topics and mentions

Product tags

  • general technology
  • future tech

Extraction

Confidence
95%
Detected
Sep 26, 2026
signal_type
news
signal_subtype
partners_with

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/0f34bea8-f80c-ba66-77f4-84b19d6a2c69 returns this record as JSON. POST /v1/companies/enrich returns every signal for softbank.jp.

{
  "signal_id": "0f34bea8-f80c-ba66-77f4-84b19d6a2c69",
  "signal_type": "news",
  "signal_subtype": "partners_with",
  "detected_at": "2026-09-26T12:45:00+00:00",
  "company": {
    "name": "SoftBank",
    "domain": "softbank.jp"
  },
  "data": {
    "url": "https://theaiinsider.tech/2026/09/26/softbank-invests-225m-in-utahs-autonomous-solutions-forms-construction-robotics-joint-venture/",
    "title": "SoftBank Invests $225M in Utah's Autonomous Solutions, Forms Construction Robotics Joint Venture - AI Insider",
    "excerpt": "Insider Brief SoftBank Group invested $225 million in Autonomous Solutions Inc . and formed a joint venture with the industrial automation company to develop and commercialize autonomous construction equipment . According to ASI , the joint venture will focus on large infrastructure projects and construction use cases, including civil construction and material handling. SoftBank also capitalized the venture to support deployment of the technology at commercial scale. Utah-based ASI develops Mobius, a fleet-management platform designed to coordinate autonomous industrial vehicles from different manufacturers. The $225 million investment will also support ASI’s wider commercial operations in the construction market, the company noted. ASI CEO Mel Torrie said the investment and ASI’s more than 25 years of technology development will help the company expand autonomous construction systems while working with infrastructure builders in areas such as roads, airports, railways and waste management. “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,” added 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...",
    "product": "autonomous construction equipment",
    "summary": "SoftBank Group formed a joint venture with Autonomous Solutions Inc. to develop and commercialize autonomous construction equipment for large infrastructure projects.",
    "planning": false,
    "image_url": "https://theaiinsider.tech/wp-content/uploads/2026/09/ASI-SoftBank.jpg",
    "confidence": 0.95,
    "product_data": {
      "name": "autonomous construction equipment",
      "full_text": "autonomous construction equipment",
      "fuzzy_match": false
    },
    "product_tags": [
      "general_technology",
      "future_tech"
    ],
    "published_at": "2026-09-26T12:45:00Z",
    "article_sentence": "SoftBank Group invested $225 million in Autonomous Solutions Inc . and formed a joint venture with the industrial automation company to develop and commercialize autonomous construction equipment .",
    "related_company_name": "Autonomous Solutions Inc.",
    "related_company_domain": "asirobots.com"
  }
}

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