FORT Robotics to Go Public in Merger with Newbury Street II Acquisition Corp

FORT Robotics has announced plans to become publicly traded through a merger with Newbury Street II Acquisition Corp. This move aims to enhance the safety of physical AI. Upon completion, the new entity, FORT Robotics Holdings, Inc., will be listed on Nasdaq under "FROB." The deal values the combined company at $556.6 million. The merger seeks to capitalize on the growing adoption of robotics and physical AI, with an emphasis on safety innovations and global reach.

FORT's leadership, known for industry expertise, underscores the importance of safety in autonomous systems. The Trust Layer, its key technology, facilitates safe interactions between autonomous machines and humans. Notably, FORT has seen a 62% revenue increase in 2025, reflecting strong market momentum.

The merger includes a $31 million equity raise from key investors like Tiger Global and Mark Cuban. The boards of both companies have approved the merger, with final closure anticipated in late 2026, subject to regulatory consent.