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Lianhe Sowell Signs $105 Million Funding Deal to Build AI Robot Manufacturing and R&D Base in UAE
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Lianhe Sowell signs $105 million funding deal to build AI robot manufacturing and R&D base in UAE
Lianhe Sowell International Group – also known as Sowell Robot – has signed a non-binding term sheet for $105 million in financing with Excellent Capital Investments (ECI), a European infrastructure investment fund, to establish its first artificial intelligence-powered robot manufacturing and research and development base in the United Arab Emirates. According to the company, the […]
Lianhe Sowell deploys AI robot manufacturing base in UAE
Lianhe Sowell International Group has announced that it has signed a non-binding US$105 million (c. £78m) financing frame agreement to build a UAE AI-robot manufacturing and R&D base. The deal [...] The post Lianhe Sowell deploys AI robot manufacturing base in UAE appeared first on Robotics and Automation.
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