Contech leader Built Robotics acquires Roin Technologies and eyes European growth

Shared 2 Feb, 2023

Contech leader Built Robotics acquires Roin Technologies and eyes European growth

More insights on:

Built Robotics, the inventor of the robotic Exosystem™ and leader in construction autonomy, is announcing the acquisition of Roin Technologies, the makers of the first automated concrete power trowel. The acquisition will grow the capabilities of Built’s engineering team and accelerate key technological developments to expand automation beyond construction into new applications and markets.

 “Since their founding, Roin’s team has pushed the boundaries of construction autonomy, which has created a unique expertise in our industry,” said Noah Ready-Campbell, Founder and CEO of Built Robotics. “With Roin joining Built, the combined teams will continue developing new autonomous construction applications, and customers can expect to see robotic applications expanding beyond earthmoving.”

As part of the acquisition, Roin’s CEO, Jim Delaney, will join Built’s engineering team. The technologies underlying Roin’s automated power trowel and shotcrete robot will be integrated into Built’s software and hardware systems, and engineering efforts will be focused on Built’s existing and future product lines.

“We see joining Built as the next step in Roin’s story,” said Jim Delaney, Founder and CEO of Roin. “I have always admired what Built has launched and how they’ve moved the construction industry forward in adopting new technologies, and I am excited to have the opportunity to join their team.”

With shortages in labor and declining productivity rates, construction costs worldwide have slowed the building of critical infrastructure, clean energy, transportation, and housing projects in a time when they are needed most. Roin will join Built in continuing the mission of bringing autonomy to the construction industry and helping to bring modern tools into the hands of skilled workers.

About Roin Technologies
Concrete is the second-most used substance in the world after water. Roin Technologies automates repetitive and dangerous tasks to unlock productivity and time-savings within the concrete industry. With products focusing on structural shotcrete and concrete floor finishing, Roin enables leading contractors to accelerate schedules and keep their workers safe.

About Built Robotics
Built Robotics’ mission is to build the robots that build the world. As the inventor of the world’s first autonomy solution for excavators, the Exosystem™, Built transforms excavators into fully autonomous trenching robots. Exosystems are deployed today across the $1 trillion earthmoving industry, building critical infrastructure in energy, telecom, and more.

 
Source: PRnewswire
 

European expansion
 
“Demand for the Exosystem has been tremendous in the critical European market,” said Gaurav Kikani, Vice President of Business Development & Strategy at Built Robotics. “By putting our autonomous solutions into the hands of contractors and skilled workers throughout Europe, Built continues to make jobsites smarter, safer, and more productive across the globe.”

Built’s Exosystem transforms excavators into fully autonomous robots. The Exosystem can be installed within hours on a variety of machines from most major manufacturers, while still maintaining complete manual control. Current solutions include fully autonomous excavators used to dig trench in energy and infrastructure projects.


 
 
PropTech Connect

Gain Access to the Newsletter

Last chance:

Tickets to Europe's Largest Real Estate Tech Event available from £132.

*Offer ends on Friday, 7th February.

Closer to the event, tickets will go up to £1,095.

*Offer ends on Friday, 7th February.