Le Lézard
Classified in: Mining industry, Science and technology, Business
Subjects: SLS, VEN

Doosan Robotics' collaborative robots marks annual sales of over 1,000 units, breaking through domestic records


SEOUL, South Korea, Jan. 4, 2022 /PRNewswire/ -- Doosan Robotics announced it has become South Korea's first to achieve an annual sales record of 1,000 units for collaborative robots (cobots).

Doosan Robotics

Established in 2015, Doosan Robotics has manufactured cobots using proprietary technology and has maintained the position of number one market share holder in Korea since 2018.

Doosan Robotics has also performed remarkably in global markets, becoming the first Korean company to be named as one of world's top five cobot manufacturers. The company's global performance now account for 70 percent of its total sales, with demand continuing to increase from markets including North America and Western Europe. The company plans to establish subsidiaries in these regions to further accelerate growth.

The company also announced it has successfully raised an investment worth US$33.7 million from Praxis Capital Partners and Korea Investment Partners, with investors valuing highly of the company's achievements and competitiveness. Funds will be used to expand global sales base and strengthen R&D to attract additional partnerships both global and domestic. The company also plans to pursue an initial public offering (IPO) with the ambition to become a global market leader of cobots in the manufacturing and service fields.

"We're looking forward to expediting the growth of our business with the recent funds raised," said William (Junghoon Ryu), CEO at Doosan Robotics. "We will further enhance the competitiveness of new products and software that are mounted with our proprietary technology and strive to attain the position as number one market share holder in the global cobot market," he added.

Meanwhile, Doosan Robotics will be exhibiting at the Consumer Electronics Show (CES) 2022 between January 5-8. This will mark the first global reveal of the company's latest service robots including the unmanned modular robot café, DR. PRESSO and CES award-winning camera robot system, "New Inspiration. New Angle. (NINA)".

About Doosan Robotics

Doosan Robotics, founded in 2015 by Doosan Group, creates technology for the next generation of manufacturing. Established in 1896, the group has 25 affiliates and 114 global entities, generating revenue of USD15 billion in 2020. https://www.doosanrobotics.com/en/.

Photo - https://mma.prnewswire.com/media/1717767/Doosan_Robotics.jpg

 


These press releases may also interest you

at 08:15
Mosaic Signs Letter of Intent to Sell Up to 100% Interest in the Lichen Project
Mosaic Minerals Corporation ("Mosaic" or "The Company") is pleased to announce that it has entered into a letter of intent dated April 25, 2024 (the "LOI") with Castlebar Capital Corp ("Castlebar"). Pursuant to the LOI, Castlebar will be granted an...

at 08:09
Adyton Resources Announces Filing of Financial Statements and MD&A for the three and twelve months ended December 31, 2023
Adyton Resources Corporation announces that it has filed its financial statements for the three and twelve months ended December 31, 2023 and accompanying Management Discussion and Analysis on its SEDAR profile at www.sedar.com. ...

at 08:00
Pan American Energy Announces Final Drill Results from 2023/2024 Program at the Big Mack Lithium Project, including 1.71% Li2O over 19.65 m at the Eleven Zone Pegmatite
Pan American Energy Corp. ("Pan American" or the "Company") is pleased to announce the final assay results on 13 holes from the 2023/2024 diamond drill program on the Big Mack Lithium Project ("Property"), located approximately 80 kilometers north...

at 08:00
MAX Power Makes High-Grade Lithium Discovery at Arizona's Willcox Playa
MAX Power Mining Corp. ("MAX Power" or the "Company") is pleased to confirm the discovery of near-surface lithium-rich clays over a broad area of state-leased ground in first-ever diamond drilling at the Willcox Playa in southeast Arizona. Notably,...

at 07:53
Pair of Rejected Bids Show Mining Giants Can't Easily Acquire Critical Battery Metals Assets
USA News Group ? Already in 2023 there have been two multibillion-dollar takeover bids rejected that would've involved critical battery metals assets. The first to go down was Liontown Resources turning down a US$3.6 billion offer from Albemarle...

at 07:30
Ceylon Graphite Announces Issuance of Shares
Ceylon Graphite Corp. ("Ceylon" or the "Company") announces that it intends issue 548,999 common shares (collectively, the "Interest Shares") in satisfaction of interest (the "Interest") due on secured convertible debenture units of the Company...

More news about Mining industry...


News published on and distributed by: