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Launchpad.Build Secures Strategic Investment From Lockheed Martin Ventures

PRIVATENov 15, 2023•over 2 years ago

El SegundoManufacturingArtificial Intelligence

Investors

Lockheed Martin Ventures

Description

Launchpad.build, a cutting edge U.S.-based technology company using AI to deliver next-generation capabilities in robotics and automation, has closed a strategic funding round with an investment from Lockheed Martin Ventures, the venture arm of Lockheed Martin.

Company Information

Company

Launchpad

Location

1330 E Franklin Ave, Suite 201

El Segundo, California, United States

About

Launchpad, founded in 2020, was created to reimagine manufacturing and revitalize local economies. The company addresses labor shortages and improves competitiveness by combining proprietary AI-first technology with advanced robotics to help firms manage the optimal integration of humans and robots. It estimates its systems halve the time and cost of delivering automation solutions. With offices in Los Angeles, CA, and Edinburgh, UK, Launchpad’s technology is already deployed in factories across the US and Europe.

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