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Doosan Robotics
Robotics · Suwon-si, South Korea · Founded 2015 · IPO 2023
Manufacturing collaborative robots MoreLess
Doosan Robotics, a subsidiary of the South Korean conglomerate Doosan Group, was established in July 2015 as a key growth engine. The company leverages the Doosan Group's 129-year history and expertise in machinery and industrial equipment. Mass production of its collaborative robots, or "cobots," began in 2018. A significant milestone was achieved in October 2023 when Doosan Robotics was listed on the KOSPI stock market, raising 421.2 billion won (approximately $317 million) in South Korea's largest IPO of the year. The funds from the IPO are intended for strategic acquisitions, overseas expansion, and enhancing its product portfolio.
Doosan Robotics manufactures and sells a comprehensive range of collaborative robots designed to work alongside humans in various industries. Its business model focuses on providing these cobots and integrated solutions to a global market, with sales in North America and Europe accounting for a significant portion of its revenue. The company serves a diverse client base, including major corporations like Hyundai Motor Company, across sectors such as manufacturing, logistics, food and beverage, healthcare, and automotive. Operations span 45 countries with a dealer network in over 100 countries, ensuring worldwide service and support. The company has established a US corporation in Texas and a European branch in Germany to further its global reach.
The core of Doosan's offering is its extensive lineup of cobots, categorized into the M, A, H, E, and P series. These series provide a wide range of payloads, from 5kg to 30kg, and are tailored for specific applications like palletizing, welding, assembly, and tasks within the food and beverage industry. A key feature of their cobots is the use of high-performance torque sensors on each axis, which allows for delicate, precise work and enhances safety by detecting obstructions, a critical aspect for human-robot collaboration. The company also develops specialized solutions, such as the AI-powered recycling sorter 'Oscar the Sorter', which received a CES 2024 Innovation Award. Their camera robot was also a recipient of a 2022 CES Innovation Award.
Keywords: collaborative robots, cobots, industrial automation, robotic arms, manufacturing robotics, logistics automation, service robots, palletizing robots, machine tending, robot solutions, AI robotics, Doosan Group, KOSPI, robot manufacturing, automation solutions, smart factory, human-robot collaboration, robotics technology, South Korean startups, robotics safety
Talent graph
Doosan Robotics's talent
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Investors
2 investors on Doosan Robotics's cap table
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Global footprint
Where Doosan Robotics has talent and traffic
team presence
across markets
Market sentiment
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