DEUTZ AG to Lead Investment in ARX Robotics

DEUTZ AG, a prominent player in the engine manufacturing sector, plans to act as the lead investor in ARX Robotics GmbH's latest funding round. The German defense tech scale-up focuses on producing unmanned ground vehicles. This move signals DEUTZ's strategic intention to expand its defense business portfolio.

A funding round completion is anticipated within weeks, after which DEUTZ will become a minority shareholder. The collaboration aligns with a non-binding memorandum of understanding, aimed at a strategic partnership. DEUTZ will supply its drive systems and mobile energy infrastructure products for ARX Robotics' operations, integrating its global production prowess.