Autonomous Solutions Inc. (Mendon, UT) secured a $225 million SoftBank investment and formed a separately capitalized joint venture to accelerate autonomous construction technology across large infrastructure projects.
Mendon, Utah — September 25, 2026
SoftBank Group Corp. has invested $225 million in Mendon, Utah-based Autonomous Solutions, Inc. (ASI), adding significant capital to the industrial automation company as it expands into autonomous construction.
Separately, ASI and SoftBank have formed a joint venture focused on developing and commercializing autonomous construction equipment for large infrastructure projects. SoftBank is capitalizing the joint venture for what the companies describe as a broad range of construction applications, although the amount of the JV's initial capitalization was not disclosed.
The two transactions deepen a relationship that began with SoftBank's involvement in ASI's construction business and give the Utah company additional resources to pursue autonomous applications across the broader construction market.
ASI develops autonomous vehicle technology and fleet-management systems for industrial applications. Its Mobius platform provides the software and systems for coordinating autonomous vehicles and mixed fleets, allowing equipment from different manufacturers to operate as part of a single autonomous operation.
The new construction joint venture is intended to apply that technology to large-scale infrastructure projects, including road construction, airports, railways, waste management and related applications.
"This joint venture with SoftBank positions ASI at the forefront of autonomous construction innovation—built for scale, engineered for longevity, and open to every major equipment brand on the jobsite," said ASI CEO Mel Torrie.
Torrie said the companies intend to offer OEM-agnostic autonomous solutions that can coordinate mixed fleets of haul trucks, dozers, loaders, compactors and other heavy equipment.
The emphasis on mixed fleets is significant because construction sites typically contain equipment from multiple manufacturers. Rather than requiring contractors to replace their existing equipment with a single manufacturer's autonomous machines, ASI's approach is designed to add autonomous capabilities across different equipment brands and coordinate them through a common system.
From mining to construction
The SoftBank investment comes as ASI has been repositioning its business around markets beyond mining.
In 2024, Epiroc acquired the remaining interest in ASI Mining, giving ASI an opportunity to focus its resources on other industrial autonomy applications.
Construction subsequently became a major focus.
In 2025, ASI launched its construction automation business with SoftBank as a strategic partner. The initiative was built around applying ASI's Mobius platform to heavy construction equipment and infrastructure projects.
ASI's technology is designed to automate the movement and coordination of industrial vehicles rather than simply automate a single machine. That distinction becomes more important as construction sites move toward larger autonomous operations involving multiple types of equipment performing related tasks.
The company has demonstrated autonomous applications involving haulage and compaction, among other construction activities.
The latest joint venture provides a dedicated vehicle for expanding those efforts.
Adding computer vision to the autonomy platform
ASI has also expanded its technology portfolio through its acquisition of Scythe Robotics earlier this year. Scythe is known for autonomous commercial mowing equipment and its Scythe Sight computer-vision system. ASI said the acquisition would add computer vision and autonomous-equipment capabilities to its broader technology portfolio.
Scythe's experience gave ASI another example of autonomous equipment operating in real-world environments at commercial scale. That technology could become relevant as ASI expands autonomy into construction, where machines must operate around other vehicles, workers, materials and changing terrain.
The combination of vehicle control, fleet orchestration and perception technologies is central to ASI's broader approach to industrial autonomy. The company says it has more than 25 years of experience developing autonomous vehicle systems.
A larger construction opportunity
The new joint venture gives ASI and SoftBank a vehicle specifically focused on construction while the $225 million investment provides additional capital for ASI's broader commercial expansion.
The announcement does not disclose the ownership structure of the joint venture or the amount of capital SoftBank has committed specifically to it. It also does not disclose a valuation for ASI associated with the $225 million investment. Those details could provide a clearer picture of the scale of SoftBank's commitment to the Utah company and its construction strategy.
For ASI, however, the transactions represent a significant expansion of the company's ability to pursue autonomous applications beyond its historical mining and industrial markets.
Construction is particularly suited to fleet-level autonomy because major infrastructure projects involve repetitive movement of materials among defined work areas. Autonomous haul trucks, loaders, dozers and compactors can potentially coordinate their movements while reducing the amount of manual vehicle operation required on a jobsite.
The challenge is considerably more complicated than automating a single vehicle. Equipment must understand its environment, navigate changing work areas, communicate with other machines and coordinate its activities with the overall construction process. That is where ASI is positioning Mobius and its related technologies.
Rather than developing an autonomous machine tied to a particular equipment manufacturer, ASI is pursuing a system that can coordinate different types of equipment across a jobsite. SoftBank's investment gives the company additional capital to commercialize that approach.
For Utah's industrial-technology sector, the deal also represents a substantial new investment in a company that has spent more than two decades developing autonomous systems from its base in northern Utah.
The immediate focus will be construction, but ASI's broader strategy remains centered on industrial autonomy and the ability to orchestrate fleets of autonomous vehicles across different applications.
Learn more at asirobots.com and group.softbank/en