AUTOMATION & ROBOTICS BY GameAbove Mobility and Capstone Holdings Inc.
CapStone Holdings Launches GameAbove Mobility to Help Drive the Future of Transportation
Investment Division is Focusing Capital in Technologies & Companies Engaged in Autonomous Vehicles, Delivery Drones and Related Transportation Solutions CapStone Holdings Inc. today announced a new investment division – GameAbove Mobility – to focus capital and strategic partnerships with established, innovative companies creating the next generation of mobility solutions, including autonomous/connected vehicles, heavy lift drones and unmanned aerial vehicles. Today’s announcement coincides with GameAbove Mobility’s significant investment in Local Motors, a leader in the development, manufacturing, and deployment of autonomous vehicles. Earlier this year, CapStone Holdings made a $10 8
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million equity investment in Perrone Robotics Inc., a leading provider of fully autonomous vehicle systems. “GameAbove Mobility is bringing more than 65 years of combined experience in automotive, technology and fleet management solutions to some of the world’s fastestgrowing mobility industries,” said Keith J. Stone, CEO and founder of CapStone Holdings. “Our focus will be on companies like Perrone Robotics and Local Motors to utilize their technology and advanced manufacturing methods, and leverage our experiences to establish an international model of commercialized deployment. Our portfolio range includes autonomous ground, air, and water transportation as well as fleet services, drones for cargo delivery, and revolutionary avionic and aquatic software.”
