Cosmo Group to Grow Robot Company 'Cosmo Robotics'... Aiming for IPO Within 2 Years

Marking 'Robot' as Future Growth Engine
Obtained A Grade in Preliminary Review for Technology Special Listing
Promoting Technology Special KOSDAQ Listing under NH Investment Management

Cosmo Group, rapidly growing as a secondary battery material company, has officially started investing in the robotics industry as a future growth strategy. They plan to nurture Cosmo Robotics, a wearable robot specialized company, and pursue an initial public offering (IPO) within two years.

On the 21st, Cosmo Group announced that the robotics company 'ExoAtlet Asia' will change its name to 'Cosmo Robotics.' Cosmo Robotics is a venture company developing wearable robots. A Cosmo Group official explained, "We plan to establish and execute a strategy to grow Cosmo Robotics into a core company within the group."

Cosmo Robotics (formerly ExoAtlet) received the original technology of the rehabilitation robot ExoAtlet, which was developed by the Engineering Research Institute of Moscow State University in Russia starting in 2011, and attracted investment from Cosmo Group. Among companies producing rehabilitation robots, it is the only one in Korea to have obtained certification from the U.S. Food and Drug Administration (FDA) and the European CE.

They have selected NH Investment & Securities as the lead manager and are preparing for a KOSDAQ listing through a technology special case in the second half of 2025. Recently, they received an A grade in the preliminary review for special listing from one of the professional evaluation agencies recognized by the Korea Exchange (KRX).

To be listed through the technology special case, a company must pass the technology evaluation by receiving an A grade from two professional evaluation agencies designated by KRX in both the preliminary and main reviews. The company expects good results in the 2025 main review, building on the A grade received in the preliminary review.

A Cosmo Group official said, "We have been recognized for our secondary battery material affiliates such as Cosmo Advanced Materials and Cosmo Chemical," and added, "This investment in the robotics business will be an opportunity to prove the group's future growth potential."

This content was produced with the assistance of AI translation services.