Overview
- Sona Comstar announced a memorandum of understanding with NEURA Robotics to co-develop advanced technologies, components and sub-assemblies and to industrialise robots and humanoids in India and other agreed markets.
- The agreement was signed in Metzingen, Germany, and is an initial, non-binding framework with no disclosed financial terms or production timelines.
- Sona BLW Precision Forgings shares rose about 4% after the announcement, indicating investor interest in the diversification move.
- Company leaders said the collaboration pairs Sona’s engineering and manufacturing capabilities with NEURA’s cognitive-robotics expertise for solutions targeting global deployment.
- NEURA, founded in 2019 by David Reger, promotes a one-device approach and its Neuraverse platform for cognitive robots, claims reported by the companies without independent verification in the coverage.