Rainbow and Big Wave Sign MOU for Joint Entry into North American Robotics Market

Rainbow Robotics (hereinafter referred to as Rainbow) and Big Wave Robotics (Big Wave) announced on the 20th that they have signed a strategic business agreement (Memorandum of Understanding, MOU) to enter the North American robotics market.

On the 19th, at Rainbow Robotics headquarters, Jeongho Lee, CEO of Rainbow Robotics (left), and Minkyo Kim of Big Wave Robotics are posing for a commemorative photo after signing a Memorandum of Understanding (MOU) for cooperation on entering the North American market.

Through this agreement, the two companies plan to combine Rainbow Robotics’ robot hardware technology with Big Wave Robotics’ expertise in robot control, management, and data handling software to introduce customized integrated robotic solutions tailored for the United States market.

The core of this agreement is the integration of hardware and software into a unified package. Rainbow will provide APIs and protocols related to its own “full-stack robot lineup,” which includes mobile dual-arm robots, collaborative robots, autonomous mobile robots (AMRs), and quadrupedal robots—all self-manufactured and developed. In particular, both companies will focus on expanding supply of the mobile dual-arm robot “RB-Y1” in the North American market.

Big Wave will be responsible for optimizing, controlling, and operating automation systems based on its SOLlink platform, an integrated monitoring and control software solution for various types of robots and equipment. The company also intends to prevent customer churn by utilizing its “DataStudio” software, a solution for collecting and analyzing robot data.

The two companies aim to build trust and strengthen their market position by providing integrated solutions optimized for local sites in North America. They plan to develop and commercialize robotic solutions customized for the U.S. market through technological collaboration. They will also participate jointly in major local exhibitions and undertake marketing efforts by sharing pipelines of potential customers.

Additionally, the companies plan to cooperate across all stages of business for customers in the United States, from proof of concept (PoC) to on-site setup, remote control, and maintenance. Through this, Rainbow expects to lower the entry barriers for its full-stack robot lineup in the U.S. market, while Big Wave anticipates expanding the presence of its SOLlink and DataStudio platforms.

Minkyo Kim, CEO of Big Wave, commented, “It is significant to enter the North American robotics automation market together with Rainbow. With the integrated control capabilities of SOLlink and the advanced operational experience enabled by DataStudio, we will deliver innovative and sustainable robotic value to local customers.”

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