The company is an industrial product development company that specializes in creating robotics technology that are customized for specific needs across diverse industries. The company is divided into three business units: Knife Sharpening, Cinema, and Custom Robotics.

Key Aspects:
• Cutting edge robotics technology offering highly sought-after automation capabilities to end users
• Products & technology that is user-friendly, not cumbersome to maintain, and affordable
• Software design capabilities – the majority of the engineering team are software developers
• Patented innovative user interface technology
• In-house machine shop and contract manufacturing
• Products are passed prototype stage; proven the need for a premium product with multiple applications

Opportunities:
• Developing a cinema robotics system for social media content creators in 2024
• The Cinema Business Unit production expected to grow 50% in 2023
• The Knife Sharpening Business Unit production expected to grow 50% with OmniSharp in 2023
• The Custom Robotics Business Unit is expecting sales to increase 25% with increased team in 2023
• Expand current product lines and offer new releases
• Continue to recruit top robotic engineers
• Identify target markets previously unconsidered as beneficiaries of automation due to cumbersome and time-consuming programming requirements

Headquartered:
• Southwest US

Current Markets:
• The company currently serves a diverse customer base which includes the entertainment, food processing, and manufacturing markets.

Real Estate:
• The business operates from a 17,000 square-foot facility held by an affiliated entity. It can be included as part of a sale or leased to new ownership.

Shareholder Objectives:
• Ownership is seeking a strategic acquirer to assist in the growth of the business. The current shareholders expect to maintain an equity position and to remain in their positions after the sale.

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Industrial Product Development Company Specializing in Creating Robotics Technology-BN000037532

Industrial Product Development Company Specializing in Creating Robotics Technology-BN000037532

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