Cosmo Robotics, a global wearable robotics company, announced on the 26th that it has passed the preliminary screening for a technology-specialized listing on the KOSDAQ. Accordingly, Cosmo Robotics plans to begin the full-scale listing process, aiming for an IPO in the first quarter of next year. Eugene Investment & Securities and NH Investment & Securities are co-managers for the listing.
Since its founding in 2016, Cosmo Robotics has been developing wearable robot technology to improve the quality of life in everyday life. The company has consistently received recognition for its global technological prowess, business potential, and growth potential. Its wearable robots, EA2 for adults and Bambini Teens for children, have achieved certification in numerous countries and have driven sales growth.
Recently, the company expanded its product lineup with the launch of Bambini Kids, a robot for infants that received certification from the Ministry of Food and Drug Safety. Its adult rehabilitation robots have received certification in 12 countries, including Korea, the US, China, Europe, and Australia. Its products for children and infants have also secured international certification, strengthening its position in the global market.
Cosmo Robotics plans to expand beyond its existing B2B-focused business to include B2C markets, including home wearable robots, walking assistance robots, and muscle-assist robots. Through this expansion, the company aims to capture the wearable robot market, which can be utilized not only in the medical and rehabilitation fields but also in everyday life.
With this preliminary review passed, the company plans to continue to advance its technology and expand its global certification, broadening the scope of wearable robot applications.
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