Robothree AI & Robotics to Collaborate with Golf Data Specialist CNPS on New 'Caddy Robot' Business

Robot specialist company ROBO3Ai&ROBOTICS announced on the 14th that it has signed a business agreement with golf data specialist CNPS to enter a new market based on the technologies and cooperation of both companies.

ROBO3Ai&ROBOTICS, which has developed various robots for over 20 years, has developed robots equipped with complex functions that enable autonomous driving through artificial intelligence during robot navigation. CNPS, the official record-keeping company for domestic tours, is a company that possesses integrated technologies from professional golf data collection to data analysis and program development to develop specialized robots.

Both companies announced that they will pursue a strategic alliance for joint marketing and joint promotion of caddy robots needed for various golf tournaments and golf courses nationwide. Based on data analyzing the user environment of golf courses across the country, they plan to expand and establish the supply chain of caddy robots as a new distribution platform within the sports market.

To this end, both companies will actively cooperate to develop real-time precision positioning technology necessary for the introduction of caddy robots. Choi Hyung-seok, CEO of CNPS, said, “We have been providing the RTM (Real-time Kinematic) technology we developed in-house to local city gas companies that develop surveying equipment,” adding, “We have high expectations for entering a new market as we can plan caddy robots, provide the necessary technology, and expand joint marketing.”

ROBO3Ai&ROBOTICS plans to showcase various upgraded robot AI products through cooperation with companies possessing diverse technological capabilities.

Earlier, on the 12th, ROBO3Ai&ROBOTICS announced a capital reduction and stock split at a ratio of 2.5 to 1. A company official stated, “We resolved a relatively small-scale capital reduction and stock split to proactively and futuristically improve our financial structure,” adding, “We will create a shareholder-friendly company that coexists with about 1,000 small shareholders and enhances shareholder value.”