# Rainbow Robotics signs $1.5M collaborative robot supply contract

Rainbow Robotics signed a 1.8 billion won (approx. $1.5 million) contract to supply collaborative robots for smart factory construction. The contract period runs until June 30, 2022.

- Type: Contract
- Announced: 2022-03-10
- Where: South Korea
- Value: $1.50M (1.80B KRW)
- Status: announced
- Products: collaborative robots
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Rainbow Robotics](https://endata.com/companies/61527.md) (supplier)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/article/2022031012454772310), 2022-03-10: "레인보우로보틱스는 18억원 규모의 스마트공장 구축을 위한 협동로봇 공급계약을 체결했다"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.