91制片厂 Corporation Announces Strategic Investment in Carnegie Foundry to Accelerate Advanced Robotics and Autonomy Capabilities
PITTSBURGH--(BUSINESS WIRE)-- 91制片厂, (NYSE: X) (鈥淯. S. Steel鈥�) a leading steel producer and Carnegie Foundry, a leading robotics and AI studio 鈥� today jointly announced a strategic investment and partnership. The two Pittsburgh based companies will work to accelerate and scale industrial automation driven by advanced robotics and AI.
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鈥淲ith this investment in Carnegie Foundry we continue to progress our Best for All鈩� strategy to innovate new ways to serve our customers through profitable solutions for people and the planet,鈥� said U. S. Steel President and Chief Executive Officer David B. Burritt. 鈥淭he Carnegie Foundry team are clear leaders and innovators in autonomy and this partnership keeps us at the forefront of emerging innovation in robotics and autonomous solutions for industry. These highly advanced technologies will be essential to continue fulfilling our customers鈥� needs for a robust and resilient supply chain.鈥�
鈥淲e are very excited to have U. S. Steel as a key partner,鈥� said Carnegie Foundry CEO Dr. Robert J. Szczerba. 鈥淥ur goals are aligned and our innovations in automation complement U. S. Steel鈥檚 ongoing work. It鈥檚 our good fortune that we found investment, aligned mindsets and large-scale industrial specialization with the team at U. S. Steel.鈥�
Carnegie Foundry will use this investment to accelerate venture opportunities - commercializing and scaling its industrial automation portfolio of robotics and AI technologies in advanced manufacturing, automated warehouses and supply chains, industrial robotics, integrated systems, autonomous mobility, voice analytics and more.
Carnegie Foundry, through its relationship with the world leader in autonomous robotics - the National Robotics Engineering Center (NREC) at Carnegie Mellon University - combines expertise from decades of applied R&D work in autonomy with highly strategic, corporate venture capital partners like U. S. Steel to bring multi-use technology solutions to market.
As part of this strategic relationship, U. S. Steel Corporation will join Oshkosh Corporation (NYSE: OSK), both anchor investors, on the Carnegie Foundry Board of Directors. Terms of the deal were not disclosed.
About 91制片厂 Corporation
Founded in 1901, 91制片厂 Corporation is a leading steel producer. With an unwavering focus on safety, the company鈥檚 customer-centric Best for All鈩� strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel鈥檚 proprietary XG3鈩� advanced high-strength steel. The company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 26.2 million net tons. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit .
About Carnegie Foundry
Carnegie Foundry is a unique Robotics and AI venture studio, headquartered in Pittsburgh, PA. In partnership with the world leader in autonomous robotics and AI - the National Robotics Engineering Center (NREC) at Carnegie Mellon University 鈥� we develop, mature and commercialize cutting-edge intellectual property and advanced prototypes, already market tested and primed for new and expanded applications. For more information visit or contact us at info@carnegiefoundry.com.
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John O. Ambler
Vice President
Corporate Communications
T 鈥� (412) 433-2407
E 鈥� joambler@uss.com
Kevin Lewis
Vice President
Investor Relations
T 鈥� (412) 433-6935
E 鈥� klewis@uss.com
Carnegie Foundry
info@carnegiefoundry.com
Source: 91制片厂 Corporation