Event

Dean Drako acquires enterprise security automation company Cobalt AI

Jun 4, 2024 · Acquisition · Cobalt AI · Inspection

Dean Drako acquired Cobalt AI, formerly Cobalt Robotics, and became chairman while Ken Wolff remained CEO.

  • Cobalt said it would operate as an independent company with its existing management team and staff.
  • The announcement also marked the company's rename from Cobalt Robotics to Cobalt AI.
  • Dean Drako acquired Cobalt AI, formerly Cobalt Robotics, and became chairman while Ken Wolff remained CEO.

Cobalt AI provides autonomous indoor security robots, AI monitoring and remote human oversight as an integrated enterprise service. Founded in 2016 and acquired by Dean Drako in 2024, its robots patrol facilities, perform scheduled checks, detect anomalies and support two-way interaction. Cobalt Monitoring Intelligence analyses events while a command centre supervises deployments, maintenance and response workflows.

Company
Cobalt AI
Segment
Inspection
Event type
Acquisition
Added to Korthos
Jul 15, 2026
Geography
San Mateo · United States