KULR Technology Group announced a new strategic partnership with German Bionic, a global robotics company known for its AI-powered exoskeleton, Apogee ULTRA. This collaboration marks KULR's expansion into the rapidly growing fields of robotics and artificial intelligence.
The initiative includes the formation of a dedicated business unit, KULR AI & Robotics, aimed at driving innovation and commercialization of robotic solutions to support the US workforce. KULR will hold exclusive marketing and distribution rights for German Bionic’s products in North America, positioning the company as the primary provider of these exoskeletons.
The global wearable robotic exoskeleton market is expected to reach $41.5 billion by 2033, presenting a significant growth opportunity for KULR. The company plans to localize the manufacturing and assembly of future generation exoskeletons within the United States, supporting domestic supply chain resilience and enhancing scalability.
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