Standard Robots

Standard Robots files for Hong Kong IPO a third time: revenue tripled, still no profit

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Founder Wang Yongkun, just 35, started the company in 2016 from a 12-square-metre office with a five-person team and a startup loan. He bet early on laser-SLAM autonomous mobile robots, machines that route, avoid and schedule themselves on the factory floor. A 2018 cash crunch nearly killed it; at 26 he took over as CEO, … Read more

Shenzhen’s Standard Robots Files for Hong Kong IPO — for the Third Time

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Another robotics company has knocked on the door of the Hong Kong stock exchange. Standard Robots, a Shenzhen-based maker of industrial autonomous mobile robots, has submitted a prospectus for a main-board listing. If it gets through, it would become Hong Kong’s first “industrial embodied-AI” listing. By the numbers, the company is no minnow. According to … Read more