Koch Chemical Technology Group makes controlling investment in Genesis Advanced Technology

Koch Chemical Technology Group (KCTG), a unit of Koch Industries, made a strategic and controlling investment in Genesis Advanced Technology. A new company, Genesis Robotics and Motion Technologies, will commercialize electric motor and actuation technologies including the LiveDrive actuator. Financial terms were not disclosed.

“We are excited to partner with Koch to commercialize LiveDrive and our other pioneering technologies.”therobotreport.com

• 1 source
• therobotreport.comGenesis Robotics enters into strategic venture with Koch IndustriesLisa EitelApr 12, 2018

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