Elivision Becomes Subsidiary of Roboworks... To Launch Smart Automation Solutions Business

Elivision, a KONEX-listed kiosk specialist company, announced on August 13 that it has signed an agreement to become a wholly owned subsidiary of Roboworks, a company specializing in robot and drone solutions. The two companies also signed a memorandum of understanding (MOU) to jointly pursue business projects by utilizing their respective technology and business infrastructure.

(From left) Lee Hyunjong, CEO of Roboworks, and Ahn Deokgeun, CEO of Elivision, are posing for a commemorative photo after signing a memorandum of understanding (MOU) to jointly promote a business project.

Through this integration, the two companies plan to combine Roboworks’ robot and drone technology with Elivision’s kiosk business foundation, thereby expanding from their current terminal-centered business to smart automation solutions. With this strategy, they aim to enter new markets such as smart factories and sectors related to public and safety services.

Elivision supplies barrier-free kiosks to public institutions, among other clients. These kiosks are unmanned information terminals designed to enhance accessibility for users who may have difficulties in using digital devices, including people with disabilities and senior citizens.

In accordance with the Act On The Prohibition Of Discrimination Against Persons With Disabilities, from this year it has become mandatory for kiosks to guarantee accessibility for people with disabilities. Elivision owns a patent on an automatic height adjustment mechanism, which allows the kiosk’s height to be modified to suit users’ physical conditions. With its incorporation as a Roboworks subsidiary, Elivision plans to expand its business scope with intelligent interfaces and automation solutions that integrate robotic technology.

Roboworks was founded by Lee Hyunjong, a robot and drone specialist who won first place in the adult division of K-Robot Humanoid in 2010 and received the CES Drone & Robot Best Innovation Award in 2019. The company supplies humanoid robots, quadruped walking robots, autonomous mobile robots (AMRs), and collaborative robots. In addition to hardware, Roboworks provides integrated solutions featuring proprietary software, and has the in-house capability to manufacture exploration robots and drones for the defense and safety sectors.

The two companies plan to co-develop a smart factory solution that combines Elivision’s kiosk solution with Roboworks’ AMR and collaborative robots. They aim to transform kiosks into integrated interfaces that connect with robots and automation systems in manufacturing and logistics fields, thereby expanding both the application areas and added value of their existing kiosk business.

Going forward, the companies plan to broaden their deployment to include the manufacturing and logistics sectors, as well as public institutions and safety or defense B2G (business-to-government) markets, and to jointly seek new contracts in these fields.

An Elivision representative stated, “By combining the technology and sales and service infrastructure already secured by both companies, we will win new contracts in the smart factory and public and safety markets and foster these as new axes of revenue growth.”

Meanwhile, Elivision is targeting to break even this year. Building on this collaboration, the company aims to accelerate business growth from next year and pursue a transfer listing to KOSDAQ by 2028.

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