Intelligent high-power laser solution company Axvis (CEO Myung-jin Kim) announced on the 23rd that it has submitted a securities report to the Financial Services Commission and has begun the public offering process for listing on KOSDAQ.
In this offering, Axvis plans to offer 2,300,000 shares, with a target offering price of KRW 10,100 to 11,500 per share, resulting in an offering size of KRW 23.2 billion to 26.5 billion. Subscriptions will begin in February 2025, with a target KOSDAQ listing within the first quarter of next year. Mirae Asset Securities is the lead underwriter.
Founded in 2009, Axvis specializes in laser solutions for high-precision product processing. Its portfolio includes VisionSCAN, the world's first intelligent, high-power laser platform that combines AI and robotics technologies. VisionSCAN achieves both high quality and productivity through ultra-high-speed processing, AI-based high-precision control, and robotics-based process cycle minimization.
VisionSCAN combines proprietary optical technology with sensors and AI algorithms to analyze and control process data in real time. As a robotics-based all-in-one system, it reduces process cycle time by approximately 43%, maximizing productivity.
Based on its VisionSCAN technology, Axvis has secured global battery cell manufacturers and big tech companies as key clients and plans to expand its business to high-value-added industries such as semiconductors, aerospace, and defense. As of 2024, Axvis's separate sales are projected to reach 51.5 billion won, and the company has not experienced negative growth since its founding.
“Based on our differentiated laser solutions that combine AI and robotics, we will leap forward as a leading company in the global market through listing on KOSDAQ,” said Kim Myeong-jin, CEO of Axvis.
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