PIM KOREA, a corporations with Metal Injection Molding (MIM) technology, invested in Bonsystems, which is co-developing a "humanoid robot hand," through a securities firm investment partnership.
According to the Financial Supervisory Service's electronic disclosure system on the 2nd, PIM KOREA invested 500 million won in May in the IBKS Robot Tech new technology investment partnership. The IBKS Robot Tech new technology investment partnership holds 153,375 shares (11.74%) of Bonsystems.
The investment among the parties was confirmed as Bonsystems listed on the KONEX market. Bonsystems is a corporations with technology in reducers and actuators that serve as the joints and muscles of robots. It is already expanding product supply to large corporations in Korea and companies overseas.
The two companies are expected to strengthen cooperation after the equity investment. PIM KOREA said on the 3rd of last month that it signed a memorandum of understanding (MOU) with Bonsystems for cooperation in the field of ultra-compact reducers for Humanoid Robot.
PIM KOREA transferred its listing from the KONEX market to the KOSDAQ market in April. PIM KOREA's MIM is a manufacturing technology that injects and then sinters precision metal parts using metal powder. Its advantage is enabling mass production of complex and precise metal parts using various materials. It expects to expand its scope beyond the existing IT industry to logistics robots, Humanoid Robot, and defense.