Daesung Hi-Tech Completes Strategic Equity Investment in Tesollo… Full-Scale Production of Robotic Hands Gets Underway

Daesung Hi-Tech said on 26 that it had completed a strategic equity investment in Tesollo. The company described the investment as a strategic collaboration that goes beyond a purely financial purpose. Daesung Hi-Tech said it plans to establish a long-term cooperation framework alongside the investment.

Daesung Hi-Tech has expertise in ultra-precision machining technology and automated inspection equipment development. The company plans to use these capabilities to participate in the mass production of Tesollo’s robotic hands. Daesung Hi-Tech said it had secured the initial order volume.

Tesollo was founded in 2019 and is a specialist in multi-joint robotic hands and grippers. The company has capabilities in proprietary mechanism design, motor control, firmware, and application software development. Tesollo is pursuing product-line expansion and the establishment of a system to support mass production.

Daesung Hitech said it will supply automated inspection and production equipment in the initial phase. The company plans to expand equipment supply in stages and establish a production-readiness system for its full product lineup. The two companies will pursue the transition to mass production through equipment supply and cooperation on production processes.

Daesung Hitech said it will apply its manufacturing capabilities to the robot-hand market through this investment. Tesollo said it will improve production stability using Daesung Hitech’s equipment. The two companies said they are discussing further supply arrangements on the basis of long-term cooperation.