Ally Robotics becomes independent after Miso divestiture

Sep 1, 2023 · Org Change · Ally Robotics · Industrial

Ally Robotics became independent after Miso Robotics disposed of its equity and the companies discontinued their R&D partnership.

Ally Robotics company media
Company media · Ally Robotics
  • Miso transferred its Ally shares on September 1, 2023, leaving it with no equity or controlling interest in the company.
  • The companies discontinued their research-and-development partnership and cancelled the earlier non-binding arm purchase plans.
  • Miso retained a secured note receivable while Ally co-founders assumed control of the independent business.

Ally Robotics develops lightweight collaborative robot arms intended to make automation easier to deploy in restaurants, manufacturing and service environments. Its approach combines integrated sensing, simplified programming and a lower-cost hardware architecture.