Cincinnati Incorporated (“CI”) and New Valence Robotics Corporation (“NVBOTS”) announced today the closing of CI’s acquisition of NVBOTS. All employees of NVBOTS will be retained and the base of operations will remain in Boston, MA for the foreseeable future. Other terms of the acquisition were not disclosed.
NASA’s Orion spacecraft is built to take humans farther into space than they’ve ever gone before. Orion will serve as the exploration vehicle that will carry astronauts to deep space, provide emergency abort capability, sustain and protect the crew, and provide safe re-entry from deep space return velocities.