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Stock impact report

Applied Intuition And Komatsu Bring Advanced Autonomy To Mining Ops [Forbes]

KOMATSU LTD S/ADR (KMTUY) 
NASDAQ:AMEX Investor Relations: home.komatsu/en/ir
Company Research Source: Forbes
strategic partnership to accelerate the development of next-generation intelligent vehicles for the mining industry. According to the press release, the partnership represents “the most significant technology investment in Komatsu's history, signaling a bold step toward a future of increasingly autonomous, software-driven mining operations.” “Applied Intuition will help usher in the next chapter for a company that has helped shape the foundation of the global mining industry,” said Qasar Younis, co-founder and CEO of Applied Intuition. “The mining industry faces a perfect storm: rising costs, safety risks, decarbonization pressures, labor shortages and an increasing demand for critical minerals as a national security imperative. To stay competitive, companies must build smarter machines that can react independently in real time. With Komatsu, we will unlock productivity in some of the world's harshest operating environments while keeping workers safe.” Komatsu will harness Appli Show less Read more
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