Technology

WorkFar Robotics Mass Produces Humanoid Robots without Venture Capital

Published

1 year ago

November 27, 2024

As robotics investing climbs out of its 2023 slump, humanoid robotics pioneer WorkFar — which has not received any funding from venture capital — is ready to produce at the level of competitors already receiving billions of investment dollars.

SANTA CLARA, Calif., Nov. 27, 2024 /PRNewswire/ — There’s nothing quite like the tenacity of a new company with a unique value proposition that directly addresses the needs of its target customer base. WorkFar Robotics, a business specializing in commercial humanoid service robots for industrial applications, has yet to get on the radar of today’s venture capitalists — but that hasn’t stopped them from reaching the mass-producing stage.

Many companies, particularly those in the robotics industry, are reliant on venture capital, and they can go for years — or even a decade — without turning a profit. Building a cash-flowing robotics company with no investment aside from hard work, creativity, and business acumen is a feat rarely accomplished. Yet WorkFar has managed to achieve the same level of progress as competitors receiving $100 million to over $1 billion in investment funding.

WorkFar’s Business Model: An Autonomous, Remote-operatable Robot for $0 down

WorkFar’s offering is unique in the world of industrial robotics. The industry’s most common business model is to sell an expensive product to a manufacturer and possibly provide some integration services. For companies unable to afford the high price tag, certain robotics manufacturers offer a subscription-based “Robot-as-a-Service.” WorkFar takes this a step further by allowing clients to lease both a robot and a trained, remote operator on a monthly basis without a down payment.

The combination of sophisticated humanoid robot, AI-enhanced programming, and an optional human operator constitutes a turnkey solution for warehouses and manufacturers dealing with aggravating challenges like long-lasting labor shortages, concerns around worker safety and burnout, and issues with efficiency and consistency. Since the optional teleoperator is remote-based, WorkFar can leverage the global workforce to support its customers.

The WorkFar “Syntro” robot uses virtual reality eye tracking and AI algorithms to target and grasp objects at the operator’s direction, and the operator gets feedback on object pick-up through haptic gloves. The robot’s “core logic” is human intelligence, which — despite rapid advances in AI — still can’t be beat.

WorkFar’s Manufacturing Expertise goes back Decades

Although the ‘Syntro’ robot is brand-new, WorkFar’s US based manufacturing facility has over 40 years of experience producing plastic and metal parts for industrial machinery and consumer products. This expertise is now being leveraged to mass produce humanoid robot in-house — an arrangement that cuts out the middleman and leads to more efficient operations. With supply chain issues wreaking havoc on robotics companies’ operations for the past several years, this is a major advantage.

Robotics Investing dipped in 2023, but it’s Coming Back strong with AI and Humanoid Technology

Investment in the robotics industry hit a five-year low last year, particularly in the area of autonomous vehicles (AVs). This was partially a result of a widespread market correction within venture capital investing, but the legislative concerns and negative press surrounding AVs didn’t help. The slump was temporary, however, and robotics venture capital is starting to rise again rapidly, with vertical-specific robotics companies focusing on logistics, security, and medical applications leading the way.

One thing that’s making robotics investing much more appealing is the awe-inspiring takeoff in artificial intelligence capabilities. AI models give robots the capacity to execute complex tasks like grasping unpredictably shaped objects much more smoothly and accurately. Even better, AI allows the robots to learn from each effort, rapidly increasing their accuracy and efficiency over time. Robot vision will gain clarity with improved object detection and image segmentation — essential tools for interacting “intuitively” with the environment.

With a design meant to evoke their maker, humanoid robots are poised to reap the greatest benefits from this rapid growth in AI. They show promise across multiple industries, ranging from manufacturing to healthcare to personal assistance. Once AI’s transformative capabilities became apparent, projections for the humanoid robot market ten years from now shot up from just $6 billion to almost $200 billion — or in some estimates, well over $24 trillion.

Sheer Business Acumen has propelled WorkFar to the point of Mass Production

Although the robotics investment outlook is getting brighter, the recent dip has prompted investors to be more discerning and focus on areas where robotic solutions can make important strides right now. Venture capitalists have seen plenty of technology demos that turn heads; now it’s time to back these up with solid business plans that show real returns on investment. With its robot-as-a-service offering at $0 down payment, this is WorkFar’s strong suit.

Even with rapid AI advances, this model will always benefit from the authority and decision-making power of human intelligence. This is central to WorkFar’s vision: a human-robot team that will unleash a new era of productivity, bringing collaborative efficiency to factories and facilities worldwide. This innovative solution takes into account what other solutions overlook: the fact that true productivity depends on human decision-making and robotic efficiency being intertwined, not isolated.

This vision is what has enabled WorkFar to grow on its own revenue in an industry that usually requires millions or even billions of dollars in venture capital. No longer a startup, this company has now pushed into a higher corporate level of investment based on business acumen alone. With a market-ready product that can be manufactured in WorkFar’s own factory, the humanoid robotics pioneer is stronger because it does not rely on venture capital.

To inquire, contact us via www.WorkFar.com now!

Contact: info@workfar.com

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SOURCE WorkFar Inc

Technology

DEKRA Korea to Acquire Global Product Service, Strengthening Consumer Electronics Testing and Certification Capabilities in Korea

Published

27 seconds ago

April 20, 2026

GIMHAE-SI, South Korea, April 20, 2026 /PRNewswire/ — DEKRA, a leading global provider of testing, inspection, and certification services, today announced it has signed a definitive agreement to acquire Global Product Service Co., Ltd (GPS), a prominent South Korean company renowned for its expertise in consumer electronics product testing and certification.

This strategic acquisition will significantly enhance DEKRA Korea’s capabilities within the rapidly growing consumer electronics sector, bringing together DEKRA’s global network and comprehensive service portfolio with GPS’s deep-rooted local knowledge and decades of experience serving South Korea’s leading manufacturers.

GPS has established a strong reputation for its in-depth technical expertise and unwavering commitment to quality, particularly within the consumer electronics market. For many years, GPS has been a trusted partner to major South Korean electronics companies, providing testing and certification services that ensure product safety, performance, and compliance with international standards.

The successful acquisition is a result of the strong collaboration and commitment from both DEKRA and GPS. Key representatives who participated in the signing, embodying this collaboration, were Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region; Ming Sheng, Vice President of Automotive Testing, DEKRA China; Young Seok Lee, CEO of Global Product Service Co., Ltd; and Seong Su Kim, Director of Global Product Service Co., Ltd.

“We are thrilled to welcome Global Product Service Co., Ltd to the DEKRA family,” said Dr. Kilian Aviles, Executive Vice President of DEKRA Group and Head of Asia Pacific Region. “This acquisition represents a significant milestone in our growth strategy in South Korea. GPS’s deep understanding of the local market, combined with their specialized expertise in consumer electronics, perfectly complements DEKRA’s global strengths. Together, we will offer unparalleled testing and certification solutions to our clients, empowering them to bring innovative and reliable products to market with greater speed and confidence.”

The integration of GPS into DEKRA Korea will leverage synergies in technology, talent, and market reach. This will enable DEKRA to further support South Korean manufacturers as they navigate complex global regulatory landscapes and strive for excellence in product development and quality assurance. Clients can expect a seamless transition and continued access to the high-quality services they have come to rely on from both organizations.

Young Seok Lee, CEO of Global Product Service Co., Ltd commented, “Joining forces with DEKRA is an exciting opportunity for GPS. DEKRA’s global reach and extensive resources will allow us to expand our service offerings and better serve our existing and future clients. We are confident that this partnership will create significant value for the South Korean consumer electronics industry, providing enhanced support and innovation.”

About DEKRA

For more than 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA generated revenue of 4.3 billion euros. Around 48,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

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SOURCE DEKRA Asia Pacific

Technology

BLUETTI Showcases Integrated PAYGO Energy Solution at Canton Fair, Expanding Partnership Opportunities in Africa

Published

30 seconds ago

April 20, 2026

GUANGZHOU, China, April 20, 2026 /PRNewswire/ — From April 15-19, 2026, at the 139th Canton Fair, clean energy innovator BLUETTI presented an integrated Pay-As-You-Go (PAYGO) solution that combines digital distribution tools with off-grid energy products, as the company expands its presence in emerging markets, particularly across Africa.

The solution brings together BLUETTI’s proprietary BLUETTI GO platform and a range of PAYGO-enabled solar home systems, reflecting a broader shift in the industry from standalone hardware sales to more structured distribution and financing models.

PAYGO has gained traction in regions where upfront costs remain a key barrier to energy access. By enabling installment-based payments and remote device management, the model allows consumers to access electricity services with lower initial investment, while offering distributors greater visibility into repayment and asset performance.

BLUETTI GO serves as a centralized platform for distributors, integrating sales tracking, inventory control, credit profiling, payment overdue tracking, risk monitoring, and operational analysis. These features are designed to help partners operate more efficiently and support long-term business planning in PAYGO-driven markets.

The company’s product lineup includes entry-level solar home systems such as the P80(battery capacity 76.8Wh), to African Star (battery capacity 1728Wh), designed for basic electricity needs, as well as the higher-capacity Home Star (battery capacity 2kWh-5kWh) series for off-grid household energy storage. These systems can be deployed independently or bundled with appliances such as televisions, fans, and lighting equipment.

As demand for decentralized energy solutions grows across Africa, supported by both public and private investment in renewable infrastructure, PAYGO models are playing a larger role in bridging the gap between energy access and affordability.

Driven by product breakthroughs and innovative business practices, BLUETTI has been enlarging its footprint in the region in recent years. The company operates across more than 40 African countries, supported by local teams and pilot programs, including a Nigerian initiative launched in 2020 that has expanded into a network of branded retail outlets.

About BLUETTI

Founded in 2013, BLUETTI is a leading global provider of energy storage solutions, specializing in home solar batteries, portable power stations, and solar generators. Through initiatives like the LAAF (Lighting Africa Affordable Financing program), BLUETTI aims to power 1 million African families in off-grid areas. Today, it serves over 3.5 million users in 140+ countries and regions. Learn more: https://bluetti.com/

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Technology

Moomoo Pioneers the Era of Agentic Investing with Launch of Moomoo API Skills

Published

32 seconds ago

April 20, 2026

The first AI-powered API Skills that turn trading ideas into execution — no coding required

KUALA LUMPUR, Malaysia and SINGAPORE, April 15, 2026 /PRNewswire/ — Moomoo today announced the launch of Moomoo API Skills, its AI-powered capability that enables investors to execute sophisticated trading strategies using natural language — marking a major leap in making institutional-grade tools accessible to all.

This breakthrough positions Moomoo at the forefront of a new era of investing, where anyone with an idea can turn it into action — without writing a single line of code.

A First-of-Its-Kind Breakthrough in Investor Accessibility

For years, advanced trading capabilities such as algorithmic strategies, real-time automation, and multi-market data access have long been limited to professional traders.

Moomoo API Skills removes this barrier.

Investors can now describe their strategy in plain language, from technical signals to execution conditions, and have it translated into live or simulated trades instantly.

“This is the first time Wall Street-level trading capability is made truly accessible through everyday language,” said Robin Xu, Group Senior Partner & Senior Vice President, Futu Holdings. “We are not just simplifying trading tools — we are redefining who gets to use them.”

From Tools to Trading Assistants

Moomoo API Skills introduces a new paradigm of agentic investing, where AI acts as an execution partner rather than a passive tool.

Instead of navigating complex systems, investors can:

Describe their strategyLet AI translate it into execution logicMonitor and respond to markets in real time

This effectively creates an always on trading assistant, enabling faster and more structured decision making.

Institutional Capabilities Made Accessible

Built on Moomoo’s Open API ecosystem, the capability provides:

Zero code strategy executionGlobal market access across US, Singapore, Hong Kong SAR, Japan, and moreReal time monitoring and automated triggers

At the same time, Moomoo maintains strong control and security through its local-first architecture powered by Moomoo OpenD, where:

Data remains on the user’s local environmentExecution requires user confirmationExposure to third party risks is reduced

Closing the Execution Gap

Today’s investors are not short of information, but often face challenges in executing consistently and efficiently. Moomoo API Skills is designed to close this gap by simplifying how strategies are expressed and carried through. It also strengthens Moomoo’s ecosystem, including Moo Academy, MooveNetwork and the Option Playbook, enabling a seamless journey from learning to execution.

“The challenge today is no longer access to information, but the ability to act on it effectively,” said Xu.
“Moomoo API Skills helps investors translate intent into structured action while keeping them fully in control.”

Pioneering the Next Phase of Investing

The launch reflects a broader shift in investing, from tool based platforms to intent driven systems. With Moomoo API Skills, investors can define what they want to achieve, while intelligent systems handle how it is executed. This creates a more direct and structured path from idea to action, allowing investors to focus on strategy rather than operational complexity.

“We believe the next phase of investing is agentic — where investors define their intent and intelligent systems help carry out strategies. With Moomoo API Skills, investors can turn their ideas into structured strategies that can be tested and executed seamlessly within a single environment. Our focus is on enabling this in a way that enhances decision-making while keeping investors fully in control, bringing a more intuitive and accessible approach to strategy-driven investing,” said Xu.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, Moomoo is trusted by more than 29 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit Moomoo’s official website at www.moomoo.com

Disclaimers

The contents herein do not constitute an offer, solicitation or recommendation to invest in any capital market products. Investors should understand the risks involved in relation to the products and services, conduct their own risk assessment and seek professional advice, where necessary. Investors should compare and consider the fee, charges and costs involved. Past performance is not indicative of future performance.

This document has not been reviewed by the Securities Commission Malaysia. Please refer to the Advertisement Disclaimer on our website.

Investments in capital market products involve risk. Full disclaimers at www.moomoo.com/sg/support/topic5_510. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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SOURCE Moomoo