

Strengthens Oshkosh&#39;s leadership in autonomy, AI and connectivity




Complements JLG&#39;s strategy for the future of job sites




Demonstrates Oshkosh&#39;s open innovation model for accelerating technology

<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Strengthens Oshkosh&#39;s leadership in autonomy, AI and connectivity

</li>
</ul><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Complements JLG&#39;s strategy for the future of job sites

</li>
</ul><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Demonstrates Oshkosh&#39;s open innovation model for accelerating technology commercialization

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
Oshkosh Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OSK">OSK</a>), a global industrial technology company that develops purpose-built vehicles, equipment and services, today announced a strategic equity investment in Nextera Robotics, an artificial intelligence (AI) and robotics company developing autonomous technologies for construction project management and job site intelligence. The investment reflects Oshkosh&#39;s disciplined approach to innovation, combining internal engineering expertise with strategic investments and partnerships to accelerate the development and commercialization of breakthrough technologies. It also strengthens the company’s leadership in autonomy, AI and connectivity while advancing its vision for the job site of the future.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;The future of construction isn&#39;t defined by connected equipment alone; it&#39;s defined by connected job sites, where intelligent machines, autonomous robotics and AI-powered insights work together to improve safety, productivity and project execution,&#34; said Jay Iyengar, executive vice president and chief technology and strategic sourcing officer, Oshkosh Corporation. &#34;This investment reflects our open innovation approach to partnering with companies that complement our engineering capabilities and accelerate the commercialization of emerging technologies. While this investment is initially focused on the job site of the future, we believe these capabilities have the potential to create value across the Oshkosh portfolio over time.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Nextera was selected for its expertise in autonomous robotics, AI-enabled job site intelligence and scalable software that complements the connected equipment ecosystem of JLG, a leading global manufacturer of mobile elevating work platforms (MEWPs) and telehandlers. Its Didge&#x2122; platform combines autonomous mobile robots with advanced vision-based AI and AI-powered analytics to provide safety monitoring, quality control, progress tracking, digital documentation and real-time reporting. Together with JLG&#39;s ClearSky Smart Fleet&#x2122;, these capabilities provide customers with a more complete view of equipment performance and overall job site activity.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The collaboration builds on Oshkosh&#39;s growing portfolio of robotics and automation investments, which will be showcased as part of Oshkosh Corporation&#39;s CES 2027 experience.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For more information on Oshkosh innovation, please visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.oshkoshcorp.com%2Fen%2Fbrands-innovations%2Fautonomy-and-active-safety&amp;esheet=54584394&amp;newsitemid=20260806465376&amp;lan=en-US&amp;anchor=oshkoshcorp.com&amp;index=1&amp;md5=cae76451848ac7f0a88c764d8f7786b1" shape="rect">oshkoshcorp.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">About Oshkosh Corporation</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
At Oshkosh (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OSK">OSK</a>), we design, develop and deliver purpose-built vehicles, equipment and services that help everyday heroes build, serve and protect communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 19,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Pierce<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, MAXIMETAL, Oshkosh<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> S-Series&#x2122;, McNeilus<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, IMT<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Jerr-Dan<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Frontline&#x2122; Communications, Oshkosh<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Airport Products, Oshkosh AeroTech&#x2122;, Oshkosh<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Defense and Pratt Miller. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.oshkoshcorp.com%2F&amp;esheet=54584394&amp;newsitemid=20260806465376&amp;lan=en-US&amp;anchor=oshkoshcorp.com&amp;index=2&amp;md5=fe8f5587d7052ef293a2799914938154" shape="rect">oshkoshcorp.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">About Nextera Robotics</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Nextera Robotics is a Boston-based technology company developing autonomous robotics and AI solutions for the construction industry. Its Didge&#x2122; platform combines autonomous robots with AI-powered software to automate construction site data collection and deliver insights that help improve safety, quality, project visibility and decision-making throughout the construction lifecycle.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">Forward Looking Statements</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This news release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "project" or "plan" or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission, including its most recent Form 10-K. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260806465376r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260806465376/en/" rel="nofollow">https://www.businesswire.com/news/home/20260806465376/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Financial:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Patrick Davidson
<br xmlns="http://www.w3.org/1999/xhtml"></br>Senior Vice President, Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>920.502.3266

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Tim Gilman
<br xmlns="http://www.w3.org/1999/xhtml"></br>Senior Manager, Communications and Branding
<br xmlns="http://www.w3.org/1999/xhtml"></br>920-509-0617

</p>

Oshkosh Corporation Advances Job Site of the Future Vision with Strategic Equity Investment in Nextera Robotics

Oshkosh Invests in Nextera Robotics to Accelerate Autonomy and AI

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Strengthens Oshkosh&amp;#39;s leadership in autonomy, AI and connectivity




Complements JLG&amp;#39;s strategy for the future of job sites




Demonstrates Oshkosh&amp;#39;s open innovation model for accelerating technology</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Oshkosh announced a strategic equity investment in Nextera Robotics to accelerate autonomous tech and job-site intelligence, complementing JLG&#039;s ecosystem. The move underscores Oshkosh&#039;s open-innovation approach and positions it to monetize AI-enabled insights across its portfolio, with CES 2027 expected to showcase its robotics investments.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Oshkosh invests in Nextera Robotics to boost autonomy and AI.</li><li>Strengthens Oshkosh&#039;s leadership in autonomy, AI and job-site connectivity.</li><li>Nextera&#039;s Didge platform integrates autonomous robots with AI analytics.</li><li>Collaboration with JLG expands the connected equipment ecosystem.</li><li>CES 2027 showcase to highlight Oshkosh&#039;s robotics investments.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Oshkosh Corporation (OSK)</strong>: Announced strategic equity investment in Nextera Robotics; reinforces autonomy/AI leadership.</li><li><strong>Nextera Robotics (N/A)</strong>: Private AI/autonomy robotics firm; provides Didge platform for autonomous site data and insights.</li><li><strong>JLG (Private)</strong>: Global MEWP/telehandler brand within Oshkosh; ecosystem to be complemented by Nextera tech.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. It reflects a strategic investment and ecosystem collaboration intended to accelerate Oshkosh&#039;s autonomy and AI roadmap beyond internal R&amp;D alone.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Strategic equity investment signals deeper push into autonomous job-site tech.</li><li>Nextera&#039;s platform complements JLG&#039;s connected equipment ecosystem.</li><li>CES 2027 showcases could catalyze new product cycles and partnerships.</li><li>No immediate revenue figures disclosed; near-term stock reaction may be muted.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Oshkosh Corporation (OSK) announced a strategic equity investment in Nextera Robotics.</li><li>Nextera&#039;s Didge platform combines autonomous robots with vision-based AI and analytics.</li><li>Didge complements the connected equipment ecosystem of JLG and its ClearSky Smart Fleet.</li><li>Oshkosh notes 19,000+ employees worldwide.</li><li>Oshkosh will showcase robotics investments at CES 2027.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Long-term bullish on OSK as autonomy investments may lift growth and margins in 2–3 years.</p>
  </section>
</section>


<ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Strengthens Oshkosh&#39;s leadership in autonomy, AI and connectivity

</li>
</ul><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Complements JLG&#39;s strategy for the future of job sites

</li>
</ul><ul xmlns="http://www.w3.org/1999/xhtml" class="bwlistdisc">
<li xmlns="http://www.w3.org/1999/xhtml">
Demonstrates Oshkosh&#39;s open innovation model for accelerating technology commercialization

</li>
</ul><p xmlns="http://www.w3.org/1999/xhtml">
Oshkosh Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OSK">OSK</a>), a global industrial technology company that develops purpose-built vehicles, equipment and services, today announced a strategic equity investment in Nextera Robotics, an artificial intelligence (AI) and robotics company developing autonomous technologies for construction project management and job site intelligence. The investment reflects Oshkosh&#39;s disciplined approach to innovation, combining internal engineering expertise with strategic investments and partnerships to accelerate the development and commercialization of breakthrough technologies. It also strengthens the company’s leadership in autonomy, AI and connectivity while advancing its vision for the job site of the future.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;The future of construction isn&#39;t defined by connected equipment alone; it&#39;s defined by connected job sites, where intelligent machines, autonomous robotics and AI-powered insights work together to improve safety, productivity and project execution,&#34; said Jay Iyengar, executive vice president and chief technology and strategic sourcing officer, Oshkosh Corporation. &#34;This investment reflects our open innovation approach to partnering with companies that complement our engineering capabilities and accelerate the commercialization of emerging technologies. While this investment is initially focused on the job site of the future, we believe these capabilities have the potential to create value across the Oshkosh portfolio over time.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
Nextera was selected for its expertise in autonomous robotics, AI-enabled job site intelligence and scalable software that complements the connected equipment ecosystem of JLG, a leading global manufacturer of mobile elevating work platforms (MEWPs) and telehandlers. Its Didge&#x2122; platform combines autonomous mobile robots with advanced vision-based AI and AI-powered analytics to provide safety monitoring, quality control, progress tracking, digital documentation and real-time reporting. Together with JLG&#39;s ClearSky Smart Fleet&#x2122;, these capabilities provide customers with a more complete view of equipment performance and overall job site activity.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The collaboration builds on Oshkosh&#39;s growing portfolio of robotics and automation investments, which will be showcased as part of Oshkosh Corporation&#39;s CES 2027 experience.

</p><p xmlns="http://www.w3.org/1999/xhtml">
For more information on Oshkosh innovation, please visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.oshkoshcorp.com%2Fen%2Fbrands-innovations%2Fautonomy-and-active-safety&amp;esheet=54584394&amp;newsitemid=20260806465376&amp;lan=en-US&amp;anchor=oshkoshcorp.com&amp;index=1&amp;md5=cae76451848ac7f0a88c764d8f7786b1" shape="rect">oshkoshcorp.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">About Oshkosh Corporation</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
At Oshkosh (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/OSK">OSK</a>), we design, develop and deliver purpose-built vehicles, equipment and services that help everyday heroes build, serve and protect communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 19,000 team members worldwide, all united behind a common purpose: to make a difference in people’s lives. Oshkosh products can be found in more than 150 countries under the brands of JLG<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Pierce<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, MAXIMETAL, Oshkosh<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> S-Series&#x2122;, McNeilus<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, IMT<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Jerr-Dan<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Frontline&#x2122; Communications, Oshkosh<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Airport Products, Oshkosh AeroTech&#x2122;, Oshkosh<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> Defense and Pratt Miller. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.oshkoshcorp.com%2F&amp;esheet=54584394&amp;newsitemid=20260806465376&amp;lan=en-US&amp;anchor=oshkoshcorp.com&amp;index=2&amp;md5=fe8f5587d7052ef293a2799914938154" shape="rect">oshkoshcorp.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">About Nextera Robotics</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Nextera Robotics is a Boston-based technology company developing autonomous robotics and AI solutions for the construction industry. Its Didge&#x2122; platform combines autonomous robots with AI-powered software to automate construction site data collection and deliver insights that help improve safety, quality, project visibility and decision-making throughout the construction lifecycle.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="bwuline">Forward Looking Statements</span></b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
This news release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company’s future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this news release, words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "project" or "plan" or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and other factors, some of which are beyond the Company’s control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the Company’s ability to successfully execute on its strategic road map and meet its long-term financial goals. Additional information concerning these and other factors is contained in the Company’s filings with the Securities and Exchange Commission, including its most recent Form 10-K. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release. Investors should be aware that the Company may not update such information until the Company’s next quarterly earnings conference call, if at all.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260806465376r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260806465376/en/" rel="nofollow">https://www.businesswire.com/news/home/20260806465376/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Financial:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Patrick Davidson
<br xmlns="http://www.w3.org/1999/xhtml"></br>Senior Vice President, Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>920.502.3266

</p><p xmlns="http://www.w3.org/1999/xhtml">
Media:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Tim Gilman
<br xmlns="http://www.w3.org/1999/xhtml"></br>Senior Manager, Communications and Branding
<br xmlns="http://www.w3.org/1999/xhtml"></br>920-509-0617

</p>

Oshkosh announced a strategic equity investment in Nextera Robotics to accelerate autonomous tech and job-site intelligence, complementing JLG's ecosystem. The move underscores Oshkosh's open-innovation approach and positions it to monetize AI-enabled insights across its portfolio, with CES 2027 expected to showcase its robotics investments.

News insight

Oshkosh Corporation Advances Job Site of the Future Vision with Strategic Equity Investment in Nextera Robotics

AI summary

Sentiment rationale

Key facts

Corporate Developments