Acquiring Company
Newbury Street II Acquisition
Acquired Company
Fort Robotics
BostonPhiladelphiaArtificial IntelligenceAngel InvestmentManufacturingRoboticsDescription
Newbury Street II Acquisition Corp announced a business combination with FORT Robotics, aiming to create a publicly traded company focused on physical AI safety. The merger is projected to close in late 2026 or early 2027, pending shareholder and regulatory approvals. FORT will be valued at approximately $556.6 million with significant financial backing. The combined entity will operate under the name FORT Robotics Holdings, Inc.
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Frequently asked
Who acquired Fort Robotics?
Fort Robotics was acquired by Newbury Street II Acquisition, based in Boston. The deal was reported on October 1, 2026. Newbury Street II Acquisition Corp is a special purpose acquisition company (SPAC). It targets growth-oriented businesses for merger and acquisition opportunities. Newbury Street II Acquisition is publicly traded (NTWO) and operates in Artificial Intelligence.
When did Newbury Street II Acquisition acquire Fort Robotics?
Newbury Street II Acquisition's acquisition of Fort Robotics was reported on October 1, 2026. Newbury Street II Acquisition Corp announced a business combination with FORT Robotics, aiming to create a publicly traded company focused on physical AI safety. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Fort Robotics do?
Fort Robotics is a technology startup that provides advanced safety solutions for autonomous machines. Their systems ensure that robots are safe, secure, and reliable for deployment alongside humans. It is privately held, operating in Manufacturing, and is based in Philadelphia.
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