| Founded | 2015 |
|---|---|
| Closed | 2024 |
| Country | Canada |
| Sector | Mobility |
| Collapse type | Silent Shutdown |
| Founder | Ryan Gariepy, Matthew Rendall |
Otto Motors
"Rockwell paid $530M for an autonomous robot company then shut its consumer division a year later."
Quiet closure with no public announcement
Key Events Timeline
Otto Motors, the autonomous mobile robot division of Clearpath Robotics in Kitchener, Ontario, was shut down by parent company Rockwell Automation in 2024 after the $530M acquisition in 2023 failed to deliver expected industrial automation ROI.
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