Core Insights - KULR Technology Group has launched a strategic partnership with German Bionic to expand into robotics and artificial intelligence, targeting the growing wearable robotic exoskeleton market projected to reach $41.5 billion by 2033 [1][3][4] Company Developments - The partnership will establish a dedicated business unit, KULR AI & Robotics, to drive innovation in affordable robotic solutions aimed at supporting the US workforce and reshoring manufacturing [3][6] - KULR's website has been updated to reflect this new focus, and the business unit will be led by Josh Steinmann, VP of AI and Robotics [3] Partnership Details - The collaboration will enhance the capabilities of German Bionic's Apogee ULTRA exoskeleton, focusing on performance improvements, AI integration, and user adaptability [5] - KULR will hold exclusive marketing and distribution rights for German Bionic's products in North America, positioning the company as the primary provider across various industries [5] Industry Context - KULR's expansion aligns with US strategic priorities to boost domestic manufacturing and industry, aiming to localize the production of future exoskeletons within the United States [6] - The partnership is expected to significantly enhance human energy output, reduce workplace injuries, and improve employee satisfaction and retention across sectors such as logistics, manufacturing, and healthcare [4][6]
KULR Expands into High-Growth Robotics Market with German Bionic AI-Powered Exoskeletons for U.S. Workforce