Alat and SoftBank Group form a strategic partnership to manufacture groundbreaking industrial robots in the Kingdom
Riyadh, February 20, 2024 – Alat, a PIF company launched on February 1, 2024 by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, Chairman of the Board of Directors of Alat, has today announced the establishment of a strategic partnership with SoftBank Group Corp. (“SoftBank Group”) to establish a next generation industrial automation business in the Kingdom of Saudi Arabia that will manufacture groundbreaking industrial robots.