Robot Morning Acquires MorningWalk
Robot Morning, a provider of supply chain management (SCM) and automation solutions for the aerospace industry, has acquired MorningWalk, a developer of end-effector type gait rehabilitation robots.
The acquisition will allow Robot Morning to scale its operations and continue to innovate across its suite of products and services.
Robot Morning's CEO, John Gill, said in a statement that the acquisition of MorningWalk is a "strategic fit" for the company. "MorningWalk's technology and expertise in gait rehabilitation will complement our existing offerings and allow us to provide a more comprehensive solution to our customers," Gill said.
MorningWalk's CEO, Dr. Amit Roy, said that the company is "excited to join forces" with Robot Morning. "Robot Morning's global reach and resources will allow us to accelerate the development and commercialization of our gait rehabilitation technology," Roy said.
The financial terms of the acquisition were not disclosed.
Conclusion: The acquisition of MorningWalk is a significant step forward for Robot Morning as it looks to expand its reach in the aerospace industry. With MorningWalk's expertise in gait rehabilitation, Robot Morning will be able to offer a more comprehensive solution to its customers and continue to drive innovation in the field.
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