ROAI (CEO Hong Seok-ui), an autonomous manufacturing solution company based on AI robotics, announced on the 1st that it has been selected for the Ministry of SMEs and Startups' "Deep Tech TIPS (Tech Incubator Program for Startups)". This selection is considered an official recognition of ROAI's technological prowess and growth potential, as it was a case of passing the "Fast Track" process in one go through the recommendation of Mark & Company, the operator of TIPS.
ROAI, a spin-off from Hyundai Motor Company's Manufacturing Solutions Division, is developing a fully autonomous production system that automates all processes of factory planning, design, and operation, with the vision of "One Click Manufacturing." Its core solution, Xelo, is an AI-based planning engine that analyzes factory structure and product data to automatically optimize robot placement and paths. This technology has already been applied and proven in automotive manufacturing processes.
Through this TIPS project, Roai plans to focus on developing "Full Automation Robot Planning" technology based on Xelo. Currently, many manufacturing processes still rely on human labor, resulting in inefficiencies in terms of time and cost. To overcome these limitations, Roai aims to apply "Physical AI" technology to build an autonomous production system where robots can perform everything from process design to execution without human intervention.
“We will present a new standard for the manufacturing industry through fully autonomous production technology utilizing AI robotics,” said Roai Hong Seok, CEO. “With this TIPS selection as an opportunity, we will accelerate technological advancement and entry into the global market.”
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