Freespace Robotics

Assembly Line

U. S. Steel Makes Strategic Investment in Pittsburgh-Based Autonomous Warehousing Pioneer -- Freespace Robotics

๐Ÿ“… Date:

๐Ÿ”– Topics: Funding Event

๐Ÿข Organizations: US Steel, Freespace Robotics


United States Steel Corporation (NYSE: X) announced a strategic investment in Pittsburgh-based Freespace Robotics, a pioneering manufacturer of robotic storage and retrieval systems that are in demand by warehouses worldwide. This investment will help Freespace hire and retain local talent as well as recruit others into the region. As part of this investment, U. S. Steelโ€™s Director of Strategy & Corporate Development, Jim Cook, will join the Freespace Robotics Board of Directors. Additional terms of the deal were not disclosed.

Read more at US Steel News