Solar energy and robotics technology are coming together. But, why?

‍What’s happening:‍

• Solar energy company Array Technologies (NASDAQ: ARRY) has made a $3M USD strategic investment into Swap Robotics
  

The big idea:‍

• Swap Robotics has designed robots that are capable of laying solar panels completely autonomously
  
• The robots built by Swap Robotics are able to operate in large solar fields without human supervision and handle thousands of pounds of solar panels
  

Why it matters:‍

• Using robotics to lay solar panels could dramatically reduce the amount of time it takes to bring a new renewable energy project into full scale operations and could also enable solar fields to be built in more remote locations
  
• Robotics technology has seeing a boom in funding lately from both Silicon Valley and Wall Street, with Jeff Bezos and OpenAI just recently leading a mega round for Physical Intelligence and publicly traded companies such as Tesla (NASDAQ: TSLA) unveiling their humanoid robot prototype
  

By the numbers:‍

• Swap Robotics previously raised $7M USD in venture capital funding in a seed round
  
• All of the robots designed by Swap Robotics are 100% electric and run on small batteries
  

Going deeper:‍

• Array Technologies has also committed to making two further strategic investments into Swap Robotics upon the completion of specific accomplishments

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