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May 17, 2011

Robotiq receives $100,000 in additional financing from SOVAR and $300,000 from MDEIE

Robotiq has received $100,000 in additional financing from SOVAR, which has supported the company’s development for the past three years. In addition to this financial support, on May 16 Ministère du Développement économique, de l’Innovation et de l’Exportation (MDEIE) announced $300,000 in financial aid to the company. This assistance will enable Robotique to achieve some of its marketing plan milestones. More information can be found at robotiq.com/en/company/news.

About Robotiq

Robotiq designs and manufactures flexible robotic grippers. It works with robot manufacturers, integrators, and researchers to enable delivery of new robotic handling applications and reduce development time.

Robotiq, in collaboration with its partners, is seeking to develop a new generation of robotics that will surpass conventional applications. Its role is to furnish easy-to-integrate quality components.