SoftBank Robotics Group Corp. ("SBRG") today announced its strategic equity investment in Avalon SteriTech ("Avalon"), marks a great step forward in strengthening the companies' collaboration since its joint venture was established in March 2021. Upon the completion of the transaction, SBRG will own approximately 5% stake in Avalon's disinfection business.

Avalon SteriTech Limited announced its Vapourised Hydrogen Peroxide Robot ("VHP Robot"), a disinfection robotics solution co-developed with the MTR Corporation ("MTR"), was awarded the Certificate of Merit at HKIE Innovation Award 2021.