Cowen Enters Joint Venture with MassRobotics

Cowen (NASDAQ:COWN), financial services firm founded in 1918 announced that it has partnered with robotics hub MassRobotics, based in Boston. Through this collaboration, Cowen will be providing its knowledge on capital markets to advance robotics research.

As quoted in the press release:

“The robotics and artificial intelligence industry is a rapidly expanding market, and one that will define the advancement of manufacturing and services on a global basis. We are thrilled to be partnering with such an innovative collective in MassRobotics, which was established through a shared vision of advancing the robotics industry,” said Jeffrey M. Solomon, Chief Executive Officer of Cowen. “Cowen has dedicated substantial time into the research of robotics and AI and we look forward to sharing our knowledge and capital markets expertise to support the emerging growth companies associated with MassRobotics.”

Fady Saad, Co-founder and Director of Partnerships of MassRobotics, added, “Cowen has a proven track record of delivering in-depth research across sectors, which allows them to understand the dynamic flow of the markets and provide capital to support emerging companies. Collectively we bring together the best of market research and industry knowledge in an effort to advance robotics and provide companies with opportunities for growth.”

Click here to read the full press release.