roboticsandautomationnews.com
Aug 19, 2026
FORT Robotics to go public via business combination with Newbury Street II Acquisition Corp
AI-summarised brief · reviewed before publication
FORT Robotics, a safety platform for physical AI, has agreed to merge with Newbury Street II Acquisition Corp, forming FORT Robotics Holdings, Inc. The combined entity will trade on Nasdaq under “FROB” after regulatory approval. The deal values the company at a pro‑forma enterprise value of $556.6 million, with a pre‑money equity value of $500 million. Founded in 2018, FORT serves over 600 customers, including Google DeepMind and DoorDash, and holds 25 patents for its Safety Integrity Level 3 certified Trust Layer. The post‑closing board will feature leaders from DHL, Uber, and academia.
💡 Why It Matters
- · The merger gives FORT a public platform to accelerate deployment of its universal safety framework, positioning it to shape industry standards for autonomous robots across diverse sectors.
