RoboGroup News
10 articles
growth-positive
רובוגרופ: הסכם לאספקת מערכות הדרכה בהיקף של כ-1.4 מיליון דולר
רובוגרופ has signed an agreement to provide training systems to an Asian university. The agreement is valued at approximately $1.4 million and includes equipment, simulation software, and training products for technological studies in the companys Industry 4.0 division. רובוגרופ specializes in research and development of educational products, programming solutions, and robotics, and creates remote learning environments. The agreement will be in effect until the end of 2023.
Partners
growth-positive
החל מגילאי גן: הסטרטאפ הישראלי שמלמד ילדים כיצד לתכנת רובוטים
Israeli startup רובוגרופ develops technologies for learning robotics, programming, and engineering. Their goal is to make these subjects accessible to children of all ages. They have developed innovative solutions, including the CoderZ platform, which allows students to program virtual robots while learning programming, engineering, math, and physics principles. The company has gained recognition and support from educational institutions and organizations worldwide. They have a partnership with Amazon to demonstrate the application of computer science principles in their distribution centers. רובוגרופ aims to provide equal opportunities for all students to explore and develop critical skills.
Customers
growth-positive
RoboGroup T.E.K. Ltd. Announces Distribution
RoboGroup T.E.K Ltd announced a distribution of $0.0144625 per share of common stock payable to U.S. shareholders. The company is engaged in developing, manufacturing, and marketing technology training and education products. It offers products under two business units - industrial training and STEM education. RoboGroups vision is to disrupt the STEM education technology market with its proprietary online virtual platform. The platform enables students to learn coding, mathematics, and physics using virtual robots. The companys shares are listed on the Tel Aviv Stock Exchange. This press release contains forward-looking statements and is for informational purposes only.
Investment
growth-positive
קת'י ווד מסמנת את היעד הבא: רובוגרופ זינקה ב־41%
רובוגרופ, a company developing educational technologies, has jumped to the top ten of the Israeli ARK Investment Fund. The stock has seen a significant increase in trading volume and market value. The ARK Investment Fund, managed by Cathie Wood, continues to invest in RoboGroups stock. The companys stock price has surged by 41% in just two days of trading. The article discusses the impact of ARKs investment on RoboGroups stock and mentions the valuation of ARKs holdings in the company. The article also mentions the significant investment made by ARK in another company called Gilat. Overall, the article highlights the positive growth and market interest in RoboGroup and its potential impact on the Israeli stock market.
Public Trading
growth-positive
אמזון קנדה משתפת פעולה עם רובוגרופ
Amazon Canada has chosen RoboGroups CoderZ platform for the Cyber Robotics Challenge in the field of educational technology. The program provides free computer science education to elementary school students in Canada. Due to the COVID-19 pandemic, the challenge will serve as a tool for teachers and parents to help students learn coding skills in the virtual classroom and better understand the applications of computer science. RoboGroups remote learning technology won first place at the Cyberport 2020 annual conference, and as a result, CoderZ will receive funding from EdVentures GBA to expand its business in China and the Asian market. In the first half of 2020, RoboGroup saw a 3x growth in revenue, reaching $11 million.
Customers
growth-positive
רובוגרופ נהנת מהקורונה, זינוק בהכנסות וברווח בחציון הראשון
RoboGroup, a leading company in the field of research and development of advanced training and education products, has reported its results for the first half of 2020. The companys revenues grew to $11 million with a net profit of $1.2 million. The growth in revenue and profitability is attributed to the companys success in strategic cooperation with Amazon and the signing of several agreements to introduce the CoderZ ™ product to the global school market. The companys order backlog as of June 30, 2020, maintains a high level and amounts to $29.4 million.
PartnersCustomers
growth-positive
Amazon Partners With RoboGroup to Offer Remote STEM Courses for Children and Youth
Amazon has partnered with RoboGroup to offer free remote STEM classes to underprivileged students in the U.S. The program aims to promote learning among students who are missing school due to the coronavirus lockdown. RoboGroups stock jumped nearly 60% after the announcement.
PartnersCustomers
growth-positive
Yaskawa to invest millions in Israel
Yaskawa Electric Corporation, a global leader in industrial robots, is set to invest in ARGO Medical Technologies, an Israeli company in the robotics industry. The investment is part of the global expansion of ARGOs ReWalk exoskeleton device, which helps individuals with lower limb disabilities walk. Yaskawa will also serve as the exclusive distributor for ReWalk in several Asian countries. The partnership aims to bring together Yaskawas robotics technology with ARGOs expertise in spinal cord injury treatment. Yaskawa previously acquired shares of RoboGroup, a public company traded in Tel Aviv, in 2008. The Japanese robotics giant sees Israel as an important global development center and aims to develop the local company as a global development and marketing center.
PartnersInvestment
growth-positive
Cornell Capital Partners acquires control of RoboGroup T.E.K. for $5.5m
RoboGroup T.E.K. Ltd. has signed a standby equity distribution agreement with investment fund Cornell Capital Partners. The agreement allows RoboGroup to issue shares to Cornell at any time over the next two years, up to a maximum value of $5.5 million. The funds can be drawn down at RoboGroups discretion, providing confidence to shareholders and investors. Cornell Capital Partners sees RoboGroup as an outstanding investment opportunity and is eager to assist with the companys ongoing financing needs for growth. RoboGroup engages in three business sectors: training products and e-learning systems, industrial motion controls through a joint venture with Yaskawa Electric Corp., and semiconductor development with unique technology for Internet and communications applications.
Investment
growth-positive
RoboGroup signs $2m follow-on training contract
RoboGroup T.E.K. has received a follow-on order worth $2 million from a vocational school network in South America. The order is for providing training systems for advanced manufacturing technology. RoboGroup expects to complete the project by the end of 2002. The company views this order as affirmation of customer satisfaction and hopes to leverage this success with other potential customers. RoboGroup engages in three business sectors: high tech ventures, a joint venture with Yaskawa Electric Corp., and learning products. The companys shares closed at $1.10 on Nasdaq.
Partners
