Aethon begins to explore potential expansion into Asian markets
By RBR Staff
April 18, 2012
Aethon, the premier developer of autonomous mobile robots for hospitals and health systems, announced today that it has received an investment from Mitsui & Co. (USA) Inc. The Mitsui USA investment is part of the $7.1 million raised in growth capital in Aethon’s latest round of funding.
Aethon provides industry-leading, technology-based logistics solutions to hospitals with its TUG robots and MedExTM, a comprehensive medication tracking and delivery system. Nearly 400 TUG self-guided robots have been deployed in 135 hospitals transporting medication, meals, equipment, supplies, linens, lab specimens and more. Collectively, these robots log 50,000 deliveries weekly.
About Mitsui & Co. (USA) Inc.
Mitsui USA was incorporated in 1966 in New York as a wholly owned subsidiary of Mitsui & Co. Ltd., Tokyo, Japan, a leading international trade and investment company operating with an extensive global network. Beyond traditional trading, the company’s newer emphasis is on project development and management, business investment, capital goods leasing and technology transfer. With its comprehensive services capabilities, Mitsui USA aspires to meet the needs of its customers as “Your Global Business Partner®,” while committed to sustainable growth and good corporate citizenship.
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