AlS Automation Boosts R&D with $30 Million Investment to Drive AI and Robotics Expansion
Seoul, South Korea – AlS Automation, a specialist in advanced automation and physical AI, announced today a capital increase of approximately 40 billion Korean Won (roughly $30 million USD) through a shareholder allocation, signaling a significant commitment to research and growth in the rapidly expanding robotics sector.
The company will issue 3,536,700 new shares at a price of 11,1310 Korean Won per share, with a ratio of 0.38 new shares allocated per existing share. According to an AlS Automation representative,the capital raise is a strategic move to bolster the company’s technological capabilities in high-end robot motion control and physical AI,positioning it to capitalize on anticipated future market demand.
A considerable 18 billion Korean Won ($13.5 million USD) of the raised funds will be directly allocated to R&D efforts focused on three key areas: an AI control software platform, an edge computing-based drive platform, and the development of drive modules for on-machine, humanoid, and defense applications. This investment underscores AlS Automation’s strategy to establish itself as a key player in the burgeoning humanoid robot and defense markets.
The timing of this investment coincides with growing interest in the robotics industry, fueled by recent regulatory changes like the “yellow baggage law” and strong governmental support. The current governance has designated “Physical AI No.1 State” as a national priority and unveiled economic growth plans that include a extensive humanoid robot development initiative.
Founded in 2010, AlS Automation has built a foundation in robot motion control technology, initially serving the smart factory sector. The company possesses core competencies in the controlled station module – a critical component of humanoid robots – including low voltage servo systems, capacitance encoders, and smart tuning technology.
“This capital increase isn’t simply about short-term financial stability,” stated Kang Deok-hyun, CEO of als Automation.”It’s about taking a decisive leap forward and transforming AlS Automation into a leading force in the future of automation.”
