JLG to Advance Future Vision with Nextera Robotics
Oshkosh Corp., a global industrial technology company that develops purpose-built vehicles, equipment and services, and parent company of JLG Industries, has made a strategic equity investment in Nextera Robotics.
"Our investment in Nextera is a confirmation of our belief in their technology, and our partnership will help Nextera accelerate its mission to connect the construction job site,” said Mahesh Narang, executive vice president, Oshkosh Corp., and president, Oshkosh Access segment, which is primarily aerial equipment maker JLG.
Nextera develops autonomous technologies that create updated digital maps of active construction sites using visual AI and autonomous robotics. These digital representations provide project teams with timely insights into project progress, quality and safety, helping identify issues earlier and improve decision-making throughout the construction process.
"Nextera has developed unique technology across visual image recognition using AI, Bluetooth mesh technology and use cases for jobsite autonomy," said Shashank Bhatia, chief technology officer, Oshkosh Access segment. “We will explore using these technologies in future JLG products to advance our strategy of developing products for the job site of the future."
As part of the relationship, JLG will support Nextera's commercialization efforts through customer engagement, field validation and application expertise. In turn, Nextera's technology platform complements JLG's technology roadmap and can expand how connected equipment creates value on the job site.
Nextera Robotics is a Boston-based technology company developing autonomous robotics and AI solutions for the construction industry. For more information about JLG products and services, visit JLG.com.
Source: JLG Industries
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.