Bodily AI company FORT Robotics has signed an settlement to merge with Newbury Side road II Acquisition Corp, a unique objective acquisition corporate (SPAC), growing a brand new publicly traded corporate. The blended corporate will probably be named FORT Robotics Holdings, Inc. and is anticipated to be indexed at the Nasdaq. The transaction values the blended corporate at a pro-forma endeavor price of $556.6 million.
FORT Robotics used to be based in 2018 and is a supplier of security answers around the robotics trade, with greater than 600 consumers together with Agility Robotics, Google DeepMind, Cobot, Zoox, RIVR, Carnegie Robotics, Textron, Forterra, Genie, Ocado, Oxa, DoorDash and others. The corporate is sponsored by means of buyers together with Tiger International, Mark Cuban Corporations, Prologis Ventures, and 5 11 Companions and lately introduced a strategic collaboration with NVIDIA as a part of the Halos for Robotics ecosystem. The corporate grew out of founder and CEO Samuel Reeves’s earlier corporate Humanistic Robotics, which constructed robots to transparent landmines.
The post-closing board of administrators is anticipated to incorporate Sally Miller, DHL Provide Chain International CIO, Jennifer Vescio, former government at Uber, Vijay Kumar, Dean of Engineering on the College of Pennsylvania, and Karl Iagnemma, CEO at Vecna Robotics.
FORT’s Consider Layer serves because the foundational security infrastructure for bodily AI, enabling independent machines from other producers to perform safely along people and inside of shared environments. The platform, which is sponsored by means of 25 patents and has been qualified to satisfy Protection Integrity Degree 3 in keeping with IEC 61508, is deliberately machine-and application-agnostic, designed to function a common layer of consider throughout mixed-machine workspaces.
In Might 2026, FORT expanded The Consider Layer in the course of the acquisition of Mapless AI, a full-stack, safety-first teleoperation corporate, including far flung human-in-the-loop regulate and onboard energetic security to FORT’s current platform.
“Bodily AI will trade the way in which we paintings in each trade, and this will probably be a sport changer for staff, organizations and governments international,” stated Samuel Reeves, Founder and CEO of FORT Robotics. “Alternatively, those new machines include an absolutely new and other possibility profile, and that should be addressed earlier than independent techniques can scale. FORT’s project is to ‘make sure robots motive no hurt’ and we’re devoted to pioneering and construction a shared framework for consider that robotic producers, integrators, finish customers, regulators, insurers, governments and some other birthday celebration can depend on. How we consider bodily AI will probably be some of the defining questions of our time and answering it is going to be a key enabler that may transfer those subsequent era machines from remoted pilot methods to actual, scalable adoption.”
“Newbury Side road II is proud to spouse with FORT, a category-defining platform addressing some of the global’s most complicated infrastructure demanding situations,” stated Thomas Bushey, CEO of Newburry Side road II. “The robotics revolution is at an inflection level, and we imagine FORT’s common layer of consider can boost up fashionable adoption. We sit up for supporting Samuel and the group as they advance FORT’s horizontal platform for bodily AI — as a public corporate, we imagine FORT is definitely situated to increase its management and create long-term shareholder price.”
Current FORT shareholders will roll 100% in their fairness into the Trade Mixture, holding an estimated 67% majority possession stake on an issued and exceptional foundation within the blended corporate at last, assuming no redemptions.
