Choose Rich Live
Crypto News

Qualcomm reported to acquire PickNik Robotics to expand edge AI stack

Social media reports indicate Qualcomm is acquiring PickNik Robotics, developer of the MoveIt manipulation framework, with plans to integrate its software into Qualcomm's Dragonwing robotics platforms.

A multi-limbed white robotic manipulation mechanism with a green geometric central hub in a laboratory setting.
Image: @wallstengine

Qualcomm is reportedly acquiring PickNik Robotics, according to posts shared on social media platform X. PickNik is the developer of MoveIt, a widely used open-source framework designed for robotics manipulation.[1][2][3]

The posts state that Qualcomm plans to incorporate MoveIt and MoveIt Pro into its Dragonwing robotics platforms. The move is reportedly designed to deepen Qualcomm's edge AI stack for robotics while furthering its expansion into edge AI and robotics software.[1][2][3]

Key facts

  • Reports on X state that Qualcomm is acquiring PickNik Robotics.
  • PickNik is the company behind MoveIt, an open-source robotics manipulation framework.
  • Qualcomm reportedly plans to integrate MoveIt and MoveIt Pro into its Dragonwing robotics platforms.
  • The reported deal aims to deepen Qualcomm's edge AI stack for robotics and broaden its push into robotics software.

Sources · 3 sources

  1. PM

    Polymarket Money@PolymarketMoneyPost on X ·

    BREAKING: Qualcomm is acquiring PickNik Robotics, bringing “MoveIt” into Dragonwing to deepen its edge AI stack for robotics.

    Open source
  2. SB

    Shay Boloor@StockSavvyShayPost on X ·

    $QCOM is acquiring PickNik Robotics and bringing “MoveIt” into Dragonwing to deepen its edge AI stack for robotics. https://t.co/hmhhTOZ64g

    Open source
  3. WS

    Wall St Engine@wallstenginePost on X ·

    $QCOM BUYS PICKNIK ROBOTICS Qualcomm is acquiring PickNik, the company behind MoveIt, a widely used open-source robotics manipulation framework. Qualcomm plans to integrate MoveIt + MoveIt Pro with its Dragonwing robotics platforms, expanding its push into edge AI and robotics software.

    Open source