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According to Yonhap News,
Rainbow Robotics, a company specializing in robot platform, will establish a tech center responsible for research and development (R&D) in Daegu.
The Daegu Metropolitan Government signed an investment agreement with Rainbow Robotics at the city hall on September 21.
Rainbow Robotics will build the Daegu Tech Center within the R&D Center, which will be established by its partner STS Robotech in Suseong Alpha City, Daegu.
STS Robotech, which also took part in the investment agreement, plans to establish a collaborative and service robot manufacturing plant (16,998㎡) at the Daegu National Industrial Complex. Its headquarters, currently located in Busan, will also be relocated to Daegu. The total investment is estimated to amount to KRW 54.4 billion.
tjdan@yna.co.kr
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Source: Yonhap News (September 21, 2023)
** This article was translated from Korean.