# Mitsubishi Electric invests in OTTO Motors parent Clearpath Robotics

Mitsubishi Electric Corporation announced a strategic investment in Clearpath Robotics, the parent company of autonomous mobile robot leader OTTO Motors, to accelerate industrial automation. The investment expands their commercial collaboration.

- Type: Investment
- Announced: 2018-05-25
- Status: announced
- Products: autonomous mobile robots, AMR software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Mitsubishi Electric](https://endata.com/companies/2378.md) (investor)
- [Otto Motors](https://endata.com/companies/16771.md) (target)
- [Clearpath Robotics](https://endata.com/companies/16772.md) (target)

## Sources

- [business.sherbrookerecord.com](https://business.sherbrookerecord.com/sherbrookerecord/article/bizwire-2023-5-12-mitsubishi-electric-announces-strategic-investment-in-otto-motors-to-accelerate-industrial-automation), 2018-05-25: "Industrial automation is continuing to transform businesses around the world."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.