Core Insights - First Tellurium Corp. is launching research and development for thermoelectric cooling devices aimed at the robotics industry, providing solid-state cooling for sensitive electronics in harsh environments [2][3] - The global robotics market is projected to grow significantly, with estimates ranging from US$33.9 billion in 2024 to US$60.5 billion by 2030, reflecting a CAGR of 9.9% from 2025 to 2030, while another estimate suggests a market value of US$47.8 billion in 2024, reaching US$211.1 billion by 2034, with a CAGR of 16.6% from 2025 to 2034 [3][4] - The company’s proprietary manufacturing process, Capillary Casting, allows for lower production costs compared to existing devices, positioning it favorably in the market [4][5] Company Strategy - First Tellurium aims to capitalize on the growing robotics market and is exploring additional markets such as high-payload drones, AI data centers, and combustion engines [5] - The company’s business model focuses on generating revenue through the development of tellurium-based technologies, mineral discovery, and project development [6]
First Tellurium and PyroDelta Target Robotics Industry for Sales of Thermoelectric Cooling Devices