# Strata Worldwide acquires Bright Path AI assets

Strata Products Worldwide LLC acquired the assets and intellectual property rights to Bright Path AI and its artificial intelligence technology.

- Type: Acquisition
- Announced: 2022-08-25
- Status: completed
- Products: safety and proximity detection technology, artificial intelligence
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Strata Products Worldwide LLC](https://endata.com/companies/65501.md) (acquirer)
- [Bright Path AI](https://endata.com/companies/65502.md) (target)

## Sources

- [miningconnection.com](https://miningconnection.com/surface/news_product/P360), 2022-09-23: "Strata Products Worldwide LLC, a global leader in industrial communication and safety products has acquired the assets and intellectual property rights to Bright Path AI (BPAI) and its innovative artificial intelligence (AI)"

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