Formic is accelerating the adoption of automation across small to mid-sized U.S. manufacturers and boosting productivity by removing the risk, complexity, upfront capital, and expertise that typically exist as barriers to onboarding this transformative technology. The company’s “Robots-as-a-Service” model delivers automation at a low hourly rate with contractually guaranteed performance. Customers only pay for the time the machines are producing for the business. With a full-service offering that includes everything from specifying and deployment to 24/7 monitoring, maintenance, and upgrades - all for $0, Formic is creating an innovative and accessible competitive advantage for small and mid-sized factories to enable scale and growth that was once only available to large companies.