Launchpad.build – a cutting-edge U.S.-based technology company using AI to deliver next-generation capabilities in robotics and automation – recently announced it has closed a strategic funding round with an investment from Lockheed Martin Ventures (the venture arm of Lockheed Martin).
Launchpad.build develops AI-powered assembly planning software and autonomous assembly systems. And typical assembly methods require a high labor component or expensive, rigid automation infrastructure that requires high-rate and repeatable production to justify financially. And Launchpad.build offers a one-manufacturing-line-for-all future with low-cost and small-batch systems that are assembled on demand. The agile and adaptive manufacturing processes and equipment that enable for design agility and economic efficiency will be critical for U.S.-based manufacturing to stay competitive in the global market.
Launchpad.build’s technologies and forward-thinking approach have positioned the company as a frontrunner in automation with the unique ability to deliver solutions that are both cost effective, but also aligns with the flexibility and adaptability necessary to compete in the world of tomorrow. This investment from Lockheed Martin Ventures will help enable the company to take its innovative projects to the next level.
KEY QUOTE:
“At Lockheed Martin, we want to stabilize our national security industrial base with an anti-fragility approach. Launchpad’s vision in developing groundbreaking automated, yet highly variable and scalable, solutions aligns with our vision of agile and responsive manufacturing.”
— Chris Moran, vice president and general manager of Lockheed Martin Ventures
“We are honored to receive this investment from Lockheed Martin Ventures, and couldn’t imagine a better resource to have as we scale.”
— Yoav Zingher, Founder and CEO of Launchpad.build
