HOUSTON--(BUSINESS WIRE)--Emerging robotics company Quantum International Corp. (OTCBB: QUAN) is pursuing talks with leading robotics innovators in China after a company representative scouted new ideas at the Shanghai International Robot Show last week.
This event was put on to draw some of Asia’s most advanced roboticists to China in order to promote emerging robotics breakthroughs in the world’s top manufacturing market. According to Christine Wang, an analyst at Daiwa Capital Markets in Hong Kong, the value of the global industrial robot-system market is expected to double to $41 billion by 2020.
“It’s no secret that Asia is a hotbed of robotics innovation,” Federowicz said. “China is a manufacturing giant, and as wages rise, manufacturers there are turning to industrial robots. The top robotics minds in the world want a piece of that multi-billion-dollar market, and many of them presented their plans at the Shanghai show.
“Quantum International is working toward new potential partnerships to increase our business footprint in China, and this show proved a great introduction,” he added.
Quantum is pursuing promising new robotics targets around the globe. The company has already signed a letter of intent and begun due diligence toward a definitive agreement with the Industrial Research Institute for Automation and Measurements (PIAP) in Warsaw, Poland. Quantum is focused on aggressive growth as it competes alongside robotics companies including Honda Motor Co., Ltd. (NYSE: HMC), AeroVironment, Inc. (NASDAQ: AVAV) and, potentially soon, Apple Inc. (NASDAQ: AAPL).
For more information on Quantum International’s robotics initiatives, please visit http://www.quantuminnovators.com/investors.html.
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About Quantum International Corp.
Quantum International Corp. (OTCBB: QUAN) is an emerging robotics innovation company working to commercialize the next generation of sophisticated, automated technology. The Company is positioning itself to develop, deliver and market the most cutting-edge innovations in robotics in order to leverage the worldwide demand for the precision, speed, and cost-effectiveness these technologies offer.
For more information about Quantum International Corp., please visit www.quantuminnovators.com.
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