SoftBank puts $225M into ASI and forms venture for self-driving construction equipment
Utah-based Autonomous Solutions Inc. (ASI) and SoftBank Group announced a joint venture on Sept. 24, 2026 to develop and sell autonomous heavy equipment for large infrastructure jobs. SoftBank also invested $225 million in ASI itself. ASI's CEO says the company's Mobius software runs mixed fleets of haul trucks, dozers, loaders and compactors from any major brand.
Why this matters
For the 806
If you run a dozer, loader or haul truck, this is money aimed at making that equipment work without an operator in the seat. ASI already has an office in Dallas-Fort Worth, but the sources name no Texas job sites and no timeline, so nothing here says when or whether this shows up on a Lubbock road or airport project. The company frames it as a fix for a shortage of skilled operators, which is ASI's own claim, not an independent finding.
What we know
- ASI and SoftBank Group announced a joint venture on Sept. 24, 2026 to develop and commercialize autonomous construction equipment for large infrastructure projects.
- SoftBank Group invested $225 million in ASI, separate from the joint venture.
- ASI says the $225 million will go toward growing its commercial operations across the broader construction market.
- ASI makes Mobius, software that coordinates fleets of self-driving industrial vehicles across different equipment brands.
- CEO Mel Torrie says customers can run mixed fleets of haul trucks, dozers, loaders and compactors autonomously, from earthmoving to vertical construction.
- ASI was founded in 2000 in Mendon, Utah, and has offices in Salt Lake City, Dallas-Fort Worth, and Longmont, Colorado.
What we don't know
- Only one authoritative outlet found so far — no second independent source yet.
- Exact event date not confirmed — publicationDate used as the best-known date.
- The size of the funding inside the joint venture was not disclosed.
- Who owns what share of the joint venture, and the name of the venture, were not disclosed.
- Which construction companies or projects will use the equipment is not stated.
- What the systems cost a contractor is not stated.
- Whether the technology reduces, shifts or increases jobs on a site is not addressed in the sources.
Sources
- ReportingThe Robot Report — Tackling construction labor shortages: ASI and SoftBank partner on autonomous fleets ↗
Reporting by The Robot Report.
- PrimaryASI (Autonomous Solutions, Inc.) — asi and softbank group form joint venture to advance autonomous construction at ↗
ASI (Autonomous Solutions, Inc.)'s own publication. A claim by the source, not independent confirmation.
- ReportingTNW (The Next Web) — news softbank asi 225m autonomous construction ↗
Reporting by TNW (The Next Web).
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