ABB invests in strategic partnership with US start-up Molg to transform drive design and accelerate its contribution to the circular economy
Switzerland, March 7 -- ABB Motion's Drive Products division has invested, through ABB Motion Ventures, in Virginia-based circular manufacturing company Molg to optimize manufacturing design and reusability of ABB drives. The collaboration will leverage Molg's design expertise and US-based robotic Microfactories to streamline the assembly and testing processes within ABB's manufacturing operations, while simultaneously increasing drives' circularity and resource efficiency.ABB and Molg's relationship began in 2023 when the company was recognized as a winner of the ABB Accelerating Circularity Startup Challenge. ABB Drive Products and Molg have subsequently delivered a successful proof of concept in drives assembly in robotics-based Molg Mic...
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