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Neuromeka plans to use IPO funds to expand its production facilities at plant #3 in Pohang to produce 18,000 robot units per year (12,000 Indy cobots and 6,000 ICoN co-industrial robots).
“It also aims to invest W7bn of the funds to be gathered through the IPO plus an additional W7bn (follow-up investment) to expand its production facilities so that it can put out 18,000 robot units pa”businesskorea.co.kr
Summarized from public sources; check the original articles before acting on it.