Northwire Canada EditionTuesday, July 28, 2026
Sign inSubscribe
Northwire
⌕
LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0% LUG 81.27 +2.4% ETG 2.65 +1.1% ARIC 0.860 +2.4% ABC 0.020 +0.0% WEC 0.010 +0.0% NTB 0.020 +0.0% URC 3.83 −8.2% BEX 0.085 +6.2% SUM 1.32 +0.0% FMN 0.270 +10.2% PHNM 0.405 +12.5% HDRO 1.11 −6.7% PWM 0.620 −1.6% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.120 −4.0%
Other

Humanoid Global Announces Commitment to a Strategic Investment in Formic to Accelerate the Adoption of Autonomous Robotics in Manufacturing

By The Northwire Desk — AI Analysis Oct 21, 2025 · 04:00 ROBO · 1.21 Humanoid Global Holdings Corp.
ROBO · Price

Executive Summary

  • Humanoid Global Holdings Corp. announced a committed strategic investment of US $99,997 into Formic Technologies Inc., a robotics‑as‑a‑service provider for manufacturers.
  • The investment is pending customary closing conditions; further details will be disclosed in a future release.
  • Formic’s platform has already deployed robots that have packed and stacked over 1.2 billion products with ~99% uptime and reduced safety incidents, positioning it as a high‑growth target for Humanoid Global’s portfolio.

Key Details

  • Investment Amount: US $99,997 committed by Humanoid Global to Formic Technologies Inc.
  • Status: Investment not yet completed; subject to customary closing conditions.
  • Purpose: To support Formic’s “Robotics‑as‑a‑Service” model that enables manufacturers to adopt automation with no upfront capital expenditure and a fixed monthly fee.
  • Formic Highlights:
  • Over 1.2 billion products packed/stacked by deployed robots.
  • Approximate equipment uptime of 99%.
  • Notable reductions in customer safety incidents.
  • Recognized as a World Economic Forum Technology Pioneer (2023), featured on Fast Company’s Most Innovative Companies list, and included in Andreessen Horowitz’s American Dynamism Top 50.
  • Strategic Rationale (CEO Quote): “By helping to reduce financial and operational barriers, Formic seeks to enable more manufacturers to make the strategic decision to automate… projected labor shortages could negatively impact productivity and supply‑chain stability.” – Shahab Samimi, CEO, Humanoid Global.
  • Future Disclosure: Humanoid Global will provide additional details regarding the investment in a subsequent news release.

Notable Quotes

“We believe that projected labor shortages in manufacturing could negatively impact productivity and contribute to instability across the supply chain and, by extension, the broader economy.” – Shahab Samimi, CEO, Humanoid Global.

Read the original news release →

More from Humanoid Global Holdings Corp.

Jun 24, 2026 · 07:30

Humanoid Global Expands Asia Strategy Through Strategic Partnership with Stellar Bridge Group

M&A / Property Jun 17, 2026 · 07:30

Portfolio company HowToRobot posts record Q1 revenue, but parent stock remains trapped in a steep downtrend near 52-week lows.

Earnings Mar 05, 2026 · 13:25

Humanoid's RideScan forms partnership with Pomo

Production / Operations Mar 05, 2026 · 04:00

Humanoid Global Announces RideScan's Technology Validation and Commercialization Strategy Progression

Production / Operations Feb 26, 2026 · 11:53

Humanoid completes investment in HowToRobot

M&A / Property Feb 26, 2026 · 04:00

Humanoid Global Announces Completion of Strategic Investment and Signed Advisory Agreement with HowToRobot, a Global Marketplace for Robotics Solutions

Other