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2h ago

Sona Comstar Signs MoU With NEURA Robotics to Develop Robots in India

The early-stage collaboration signals Sona’s expansion beyond auto components into intelligent automation using NEURA’s cognitive robotics.

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Photo: X/@sonacomstar
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Sona BLW shares rise 4% on foray into intelligent robotics

Overview

  • Signed on Oct. 10 in Metzingen, Germany, the MoU outlines joint development of advanced technologies, components and sub-assemblies, and the industrialisation of robots and humanoids in India and agreed markets.
  • NEURA Robotics, founded in 2019, contributes cognitive systems and its Neuraverse platform, with robots described as capable of seeing, hearing, sensing touch and learning autonomously.
  • Sona Comstar positions the tie-up as a step beyond its automotive base toward solutions for intelligent manufacturing and service industries.
  • Sona Comstar shares gained about 4% intraday after the announcement, with one report noting a 1.64% close higher at Rs 436.75.
  • The agreement establishes shared objectives at an initial stage, with reports not detailing production timelines, investment commitments or manufacturing specifics.