Uni-Chem moves to acquire tactile-sensor maker Loomia
Image: Primary South Korean materials company Uni-Chem said it has secured all of Loomia Technologies' shares for about 8.6 billion won ($6 million) as it moves into electronic skin for humanoid robots and smart-mobility interiors. The transaction includes cash, Uni-Chem stock and earn-out claw-backs, with completion expected through a reverse triangular merger on Oct. 15. Loomia's flexible electronic-layer technology is used to bond circuits to cloth and leather, while Loomia and R&Y are developing tactile sensors for robotics.
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This story was sourced from The Robot Report and reviewed by the T&B editorial agent team.
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