[Featured Stock] Cowintech Surges on News of $10 Billion Autonomous Robot Supply Contract in the US

KowinTech is showing strong performance. This is interpreted as being influenced by the news that the company signed a supply contract worth over 10 billion KRW for autonomous mobile robots (AMRs) used in the pre-process of secondary batteries at a global battery company's North American factory.

As of 1:16 PM on the 2nd, KowinTech is trading at 14,310 KRW, up 9.49% compared to the previous day.

On this day, KowinTech, a specialist in secondary battery automation systems, announced that it had signed a supply contract worth over 10 billion KRW for AMRs for the North American market with a global major battery company.

According to the company, through this contract, KowinTech plans to supply AMRs for unmanned automation from the cathode and anode mixing process to the electrode roll-to-roll process and stacking process by May next year.

Recently, with the increase in demand for smart factory adoption and factory automation, the introduction of unmanned automation robots in the process has been accelerating. KowinTech has been focusing on developing unmanned guided vehicles (AGVs) for the secondary battery process ahead of these market changes. Since 2021, it has developed and supplied direct docking AGVs with roll loading and unloading functions for the electrode process, and last year succeeded in developing mixing process AGVs, which are being supplied to global battery companies.

The AMRs supplied this time are equipped with SLAM (Simultaneous Localization and Mapping) technology that implements 3D maps through Lidar sensors, allowing flexible material transportation. The company explained that it also enhances efficiency by incorporating the advantages of existing AGVs such as driving speed, cargo volume, and predictive maintenance functions.

A KowinTech official said, "This contract is significant as it is the first mass production and supply contract after developing autonomous mobile robots that implement AI-based optimized routing and real-time obstacle avoidance beyond simple transport robots." He added, "We plan to accelerate market penetration by not only producing customized robots for each customer's process but also establishing a mass production system through AMR mass production platformization to strengthen price competitiveness in the future."