Siemens and Samsung infrastructure partnership, Smart construction equipment market trends

Snapshot

Bedrock Robotics moves 65,000 cubic yards with autonomous excavators, Tesseract launches workforce tracking badge, Siemens partners Samsung C&T on infrastructure.

New Innovations and Partnerships

Bedrock Robotics deploys excavators for 65,000 cubic yards of dirt removal: Bedrock Robotics' autonomous excavators have moved over 65,000 cubic yards of earth for a 130-acre manufacturing site in the Southwest, addressing operator shortages. (enr.com)

Tesseract launches robotic badge for workforce tracking: Tesseract introduces the Prism Vision Badge, a robotic device that captures daily work data for real-time workforce tracking in construction and other industries. (startlandnews.com)

Siemens and Samsung C&T partner on middle east infrastructure projects: Siemens and Samsung C&T announced a global partnership to collaborate on six infrastructure projects in Saudi Arabia, Thailand, and Canada. (siemens.com)

Funding Rounds and M&A Activity

Concrew: Concrew raised ¥170 million in a Pre-Series A round to enhance its business management platform for small construction companies. (thebridge.jp)

Big Rentals: Big Rentals announced a $2.8 million funding round to enhance its equipment rental services for the construction sector. (techfundingnews.com)

Opinions