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FORT Robotics
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FORT Robotics targets Nasdaq in $556.6m deal as physical AI safety scales
FORT Robotics has agreed to combine with Newbury Street II Acquisition Corp. at a $556.6 million enterprise value, seeking capital to expand the safety, observability and cybersecurity layer around autonomous machines.
FORT Robotics $556.6m SPAC deal puts physical AI safety economics under scrutiny
FORT Robotics targets a $556.6 million valuation and Nasdaq listing as 62% revenue growth tests whether physical AI safety can justify a 48x sales multiple.