[Market Focus] Now Robotics Rises on News of Final Development Stages for Global Company Z Robots

Now Robotics is showing strong performance in early trading.

As of 9:05 a.m. on August 14, shares of Now Robotics were trading at 15,470 KRW, up 8.26% (1,180 KRW) from the previous day.

Investor sentiment appears to have been boosted by news that the company's medium- and large-sized multi-joint robots, which are being co-developed with a global company and will be produced and supplied in an Original Design Manufacturing (ODM) format, have reached the final stages of development.

Founded in 2016, Now Robotics is a specialized robotics company that provides total solutions, including industrial robots, logistics robots, and robotic automation systems. The medium- and large-sized multi-joint robots are used across manufacturing, logistics, construction, and defense sectors where high load capacity and precision are required. In particular, adoption is accelerating not only in legacy industries such as automotive, metalworking, and shipbuilding, but also in line with the growing demand for automation solutions to build smart factories.

Expectations for improved performance are rising, with sales from Company Z anticipated to ramp up and projected to exceed 10 billion KRW in the second half of this year alone.