Core Insights - Aoshark Intelligent has recently completed two rounds of financing led by Binfu Capital, with existing shareholder Guoyi Capital participating, focusing on expanding its consumer-grade exoskeleton robot product line and enhancing core technology [1][2] Company Overview - Founded in 2018 and headquartered in Shanghai, Aoshark Intelligent specializes in the research and industrialization of exoskeleton robots, with a product line that includes upper limb, waist, lower limb, and full-body exoskeletons, certified by ISO9001 and EU CE [2] - The company has previously received multiple rounds of funding, including angel investment in February 2019 and pre-A round funding in November 2020, with the latest A+ round completed in July 2024 [2] Market Applications - Aoshark's products are utilized in various industrial applications such as automotive manufacturing, aviation ground services, mining, and logistics, with a sales network established in 17 countries including Germany, the USA, and Southeast Asia [3] - The company is also exploring consumer-grade applications through partnerships with scenic spots and wellness institutions, aiming to transform exoskeletons from a sci-fi concept into mainstream consumer products [3] Product Development - The company plans to release multiple consumer-grade exoskeleton robots in July 2024, leveraging the growing demand for health and outdoor equipment due to global aging and the rise of smart wearable devices [4] - The upcoming products will feature AI capabilities for real-time data interaction and personalized learning, with the first humanoid exoskeleton robot, weighing 120 kg and capable of a 40 kg load, set to debut at the WAIC [4] Technological Advancements - Aoshark has made significant progress in integrating AI and embodied intelligence technologies, achieving a 37% improvement in human-machine collaboration efficiency compared to traditional industrial equipment [5] - The company has successfully reduced the bill of materials (BOM) costs for consumer-grade products to below 60% of the industry average through vertical integration and custom servo systems [5][6] Future Outlook - The global exoskeleton market is projected to exceed $100 billion by 2030, with consumer-grade applications expected to increase in market share [4] - Aoshark aims to establish a commercial flywheel by continuously advancing core technologies in embodied intelligence operating systems and distributed drive systems [6]