MMD Group Acquires TraxIQ Intellectual Property Rights from Anglo American
MMD Group has acquired the intellectual property rights for TraxIQ from Anglo American, aiming to industrialize and commercialize the material handling solution globally. TraxIQ is designed for scalable use in mining operations with advanced features like modular vehicles and autonomous control systems. The acquisition is expected to enhance MMD's intelligent movement portfolio and support innovation in the mining industry.
Topics: acquisition Anglo American intellectual property material handling mining industry MMD Group