Orbbec Inc. Class A 688322

Amidst rising inflation pressures and fluctuating global markets, investors are closely monitoring sectors that can withstand economic uncertainties. In such an environment, companies with high insider ownership often stand out as they signal confidence from those who know the business best.

LionsBot International, a Singapore-founded robotics company specializing in autonomous cleaning solutions, today announced the strengthening of its strategic partnership with Orbbec, a leading provider of robotics and AI vision, to further enhance perception capabilities across LionsBot's autonomous robots.

Orbbec, a leading provider of robotics and AI vision, and Advantech, a global leader in edge computing, today debut their collaborative platform powered by NVIDIA Jetson Thor at the International Robot Exhibition (iREX) in Tokyo, marking their first joint exhibition at one of the world's largest robotics trade show. The partnership signals a strategic alignment to deliver an integrated AI vision and compute ecosystem for Japan's robotics and automation industry.

Global market research firm Interact Analysis has released its 3D Vision for South Korean Mobile Robots report, revealing that Orbbec holds the No.1 position in Korea's mobile robot 3D vision market with 72% market share in 2024.