Overview
- Politico reported that the administration is considering an executive order next year to accelerate domestic robotics, following Commerce Secretary Howard Lutnick’s meetings with industry CEOs.
- The Commerce Department said robotics and advanced manufacturing are central to restoring critical production in the United States.
- The Department of Transportation is preparing a federal robotics working group that could launch before year-end, according to reporting.
- Robotics-linked shares rallied on the reports, with iRobot jumping about 74% on Wednesday in a short-squeeze move and Tesla gaining roughly 4% on Thursday, while Serve and Richtech also advanced.
- A Republican bid to create a national robotics commission in the NDAA did not make the final bill, though additional legislative efforts are reportedly being explored.