Creator of Customizable Human-Like Robots Trading Up on ...

Creator of Customizable Human-Like Robots Trading Up on Partnership News

Creator of Customizable Human-Like Robots Trading Up on Partnership News By: Dylan Sikes – News

Monday, June 10, 2024

This firm. recently rebranded, focuses on creating customizable, human-like robots with AI integration is seeing its shares trade up on the news of a partnership agreement. Corp. (TSX-V: XBOT) (OTC: XBOTF), also known as Realbotix, is a leading creator of humanoid robotics and relationship-based AI, operating in a niche part of the massive robotics and AI sectors not occupied by many other companies.

The firm announced in a press release today a strategic partnership with ROBOTIS Inc., a manufacturer and distributor of robotics machines. Per the agreement, Realbotix is designated as an official developer partner, facilitating collaboration and integration with ROBOTIS' advanced robotic components and systems.

Under this partnership, Realbotix will leverage ROBOTIS' cutting-edge technology, including their renowned DYNAMIXEL line of actuators and motors that allow for smoother, more human-like movements to Realbotix’s robot line. As part of the agreement, Realbotix will have preferred purchaser status and pricing for ROBOTIS key robotic components.

Canadian shares were trading up over 5 percent in afternoon trade.

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