Lightweight Product Specialist Mubea and Exoskeleton Developer German Bionic Set to Cooperate
German Bionic, the global technology leader in the development of smart power suits, and the top German automotive supplier Mubea have entered into a far-reaching cooperation agreement. Mubea, an owner-managed family business headquartered in Attendorn, Germany, with 44 additional locations in 20 countries, specializes in the development and manufacture of innovative lightweight products and manufacturing technologies. By commencing production for the world’s leading developer of robotic exoskeletons, Mubea is tapping into a new and extremely promising future sector with a projected market volume of $12.5 billion by 2030.
“Mubea is a specialist in high-quality lightweight components and is a ‘hidden champion’ world market leader with many of its products,” says Dr. Thomas Muhr, Managing Partner of Mubea, who leads the family-owned company in its fourth generation. “Over the past decades, we have developed into a leading supplier for the automotive industry with our products for body, chassis and powertrain. Together with German Bionic, we are now expanding our new micromobility business area to include the future field of robotic exoskeletons.”
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“German Bionic, much like Mubea, is a successful German company with high-tech products that are in high demand worldwide, albeit at an earlier stage. Nonetheless, our smart Cray X power suit is already the most advanced robotic exoskeleton on the market,” says Armin G. Schmidt, CEO and co-founder of German Bionic. “In line with the increased global demand for our cutting-edge ‘Made in Germany‘ technology, we are now scaling production for the growth markets of the U.S., Europe, and Japan together with our partners at Mubea.”
Rising global demand for exoskeletons in system-critical infrastructure settings
German Bionic unveiled the fifth generation of its successful Cray X robotic exoskeleton at CES in Las Vegas at the beginning of the year, which also marked its entry into the U.S. market. Since then, the German high-tech company has enjoyed steady growth in North America. With additional locations in Japan and, more recently, the UK, the robotics company is focusing on Western industrialized countries that are suffering from a structural shortage of skilled workers for demographic reasons, particularly in the area of manual labor. It is here that the smart power suits are designed to improve working conditions and prevent the occurrence of excessive strain along with associated subsequent injury and illness. Particularly high demand for German Bionic’s exoskeletons exists in so-called system-critical infrastructures, such as in logistics, production, but also in the healthcare sector, for example. Mubea is now set to help secure the growing demand for the coming years.
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