Home Bots & Bullets Lockheed Martin invests in robotics and AI startup Machine Labs

Lockheed Martin invests in robotics and AI startup Machine Labs

by Marco van der Hoeven

Machina Labs today announced the completion of an investment by Lockheed Martin Ventures (LMV), the venture arm of Lockheed Martin Corporation. Machina Labs combines AI and robotics to rapidly manufacture advanced sheet metal products. This latest funding brings the total raised by Machina Labs to $21.8M.

Machina Labs says it uses robots ‘the way a blacksmith uses a hammer creatively’ to manufacture different designs and material, introducing flexibility and agility to the manufacturing industry. The companies’ manufacturing platform combines robotics and AI so ideas can quickly turn to reality and businesses can benefit from rapid iteration. Machina Robotic sheet forming is the first process enabled by Machina’s manufacturing platform. Labs claims it can deliver finished metal products in days – not months or years.

“At Machina Labs, we are creating the factory of the future; one where a variety of designs and physical products can be produced on-demand and at scale,” according to Edward Mehr, CEO and Co-Founder of Machina Labs. “We aim to operationalize and scale solutions with speed and effectiveness so the U.S. and our allies can stay ahead of emerging threats,” said Chris Moran, vice president and general manager of Lockheed Martin Ventures.

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