Latest news with #JohnHa
Associated Press
26-03-2025
- Business
- Associated Press
MORE® Announces Prime Commercial Mixed-Use Listing at 1020, 1024, and 1028 N La Brea Ave in Inglewood
MORE® Prime Inglewood Property at 1020-1028 N La Brea Ave Offers Strong Investment Opportunity Amid Rapid Urban Growth MORE®, a leading commercial real estate brokerage, has announced the listing of 1020, 1024, and 1028 N La Brea Ave, a 2,377-square-foot commercial building situated on a 6,479-square-foot lot. The property, positioned within the Live Work Overlay Zone, is uniquely suited for apartment redevelopment, mixed-use projects, and office spaces, making it an attractive prospect for those seeking to capitalize on the city's rapid growth. Strategically located, the site benefits from outstanding visibility, high foot traffic, and proximity to major thoroughfares and ongoing development projects. The property also features 12 shared parking spaces, offering convenience for tenants, employees, and visitors alike. 'Inglewood is experiencing a remarkable transformation, and opportunities like this do not come along often,' said John Ha, Chief Executive Officer and Broker of MORE®. 'With its strategic location and flexible zoning, this property presents an exceptional investment for those looking to establish a presence in one of the region's most promising markets.' With the city emerging as a hub of commercial and residential expansion, the offering stands as a compelling prospect for forward-thinking investors. For more information on available listings, investment opportunities, or to learn more about the firm's services, visit or contact MORE® directly at +1 424 666 8133. ABOUT MORE® MORE® is a leading Los Angeles-based commercial real estate brokerage specializing in investment sales, property management, leasing, and advisory services. With a proven track record of over $400 million in closed transactions, MORE® is committed to delivering tailored solutions that help investors, landlords, and developers achieve long-term success in one of the nation's most competitive and dynamic real estate markets. Media Contact Email: Send Email City: Beverly Hills State: California Country: United States
Miami Herald
11-03-2025
- Automotive
- Miami Herald
Bear Robotics' Carti 100 Wins iF DESIGN AWARD 2025, Setting New Standards in Logistics Automation
REDWOOD CITY, CA / ACCESS Newswire / March 11, 2025 / Bear Robotics is thrilled to announce that its Carti 100 autonomous mobile robot has been awarded the prestigious iF DESIGN AWARD 2025 in the Product category, Robotics discipline. This achievement reinforces Bear Robotics' position as a leader in innovative robotic design for logistics, building upon the success of the Servi Plus award earlier last year. Carti 100 stood out among nearly 11,000 entries from 66 countries, impressing a panel of 131 international design experts. The iF DESIGN AWARD, recognized globally as a symbol of design excellence, underscores Bear Robotics' commitment to merging cutting-edge technology with user-centric design. Designed by Bear Robotics' in-house design and engineering teams in Silicon Valley, Carti 100 is engineered to revolutionize indoor logistics. Capable of carrying loads up to 220 lbs, and offering extensive customization options, Carti 100 integrates seamlessly into diverse operational environments. This award highlights its innovative design and advanced operational capabilities. "Building on the recognition of Servi Plus, the Carti 100 further demonstrates our dedication to creating robots that are both technologically advanced and intuitively designed for real-world applications," said John Ha, CEO of Bear Robotics. "Carti 100 is designed to increase efficiency in warehouse and factory settings, and we are very proud of this award." Carti 100's compact design allows for agile navigation in confined spaces, making it ideal for various indoor settings. Its multi-robot synchronization capabilities enable efficient, coordinated workflows. For example, in warehouse trials, synchronized Carti 100 units have reduced inventory transfer times by an average of 25%. Equipped with advanced navigation and automated charging, Carti 100 ensures continuous operation, with up to 10 hours of runtime on a single charge, maximizing cost-effectiveness and transforming material handling processes. "We have seen that in testing, the Carti 100 has been able to dramatically increase the throughput of goods moved in warehouse settings. The ability for the robots to work together has been a game changer," said a warehouse test participant. About Bear RoboticsFounded in 2017, Bear Robotics develops AI-powered autonomous robots designed to improve daily tasks. Our flagship Servi robots are deployed in hospitality, healthcare, and retail sectors across North America, Europe, and Asia. For more information, please visit About the iF DESIGN AWARDSince 1954, the iF DESIGN AWARD has been recognized as a globally prestigious symbol of design excellence. Award-winning entries are showcased on Media ContactGennaro GalloHead of Marketinggennaro@ SOURCE: Bear Robotics, Inc
Web Release
10-02-2025
- Business
- Web Release
LG ACQUIRES MAJORITY STAKE IN BEAR ROBOTICS TO BOLSTER ROBOTICS CAPABILITIES
LG Electronics (LG) has taken a significant step in advancing its robotics capabilities by securing a majority stake in Bear Robotics, a prominent Silicon Valley-based startup specializing in AI-driven autonomous service robots. This acquisition aligns with LG's strategy to strengthen its presence in the robotics sector, a key growth area for the company. On January 22, LG's board of directors exercised a call option to acquire an additional 30 percent stake in Bear Robotics. This follows an initial investment of USD 60 million in March 2024, which secured LG a 21 percent stake and a call option agreement for up to an additional 30 percent stake. Upon completion of the call option exercise, LG will hold a controlling 51 percent stake in Bear Robotics, effectively incorporating it as a subsidiary. As part of this strategic move, LG's commercial robot business, primarily centered around 'LG CLOi Robots,' will be integrated with Bear Robotics. The key management team of Bear Robotics, including CEO John Ha, will remain in place to ensure stable business continuity and will continue to focus on creating synergies in LG's commercial robot business. Founded in 2017, Bear Robotics has gained recognition for its AI-powered indoor delivery robots, catering to markets in the United States, South Korea and Japan. The company is noted for its expertise in distributed multi-robot control, remote fleet management system and AI-powered robot platform. LG aims to expand its presence in the commercial robot market through Bear Robotics. Concurrently, LG intends to leverage its AI and manufacturing expertise to reinforce its home and industrial robot businesses. The home robot segment will be spearheaded by the LG Home Appliance Solution Company, a renowned industry leader. The company's focus will be on delivering a holistic experience where home robots, powered by LG's Affectionate Intelligence, can astutely discern the well-being of family members and seamlessly integrate with home appliances and services. A prime illustration of this vision is the Self-driving AI Home Hub (project name: Q9), slated for release within the year. The Q9 harnesses multimodal sensing capabilities, encompassing voice, sound and image recognition, coupled with autonomous driving technology. This enables it to navigate the home effortlessly, precisely identify users' status and respond to their needs effectively by seamlessly connecting and controlling home appliances and IoT devices. The Q9 adeptly navigates obstacles such as carpets and uneven surfaces, while its expressive display conveys emotions, fostering enhanced interaction and engagement. The Q9 also features Microsoft's voice recognition and synthesis technology, enabling natural and intuitive conversations with users. Its ability to understand diverse accents, pronunciations and colloquial expressions garnered the attention of attendees at CES 2025. To foster an open development ecosystem, LG has also introduced a software development kit for the Q9, encouraging developers to expand its capabilities further. In the realm of industrial robots, a cornerstone of LG's Smart Factory business, the company's Production engineering Research Institute is spearheading substantial revenue growth through the integration of AI and digital transformation. A key example is the 'Autonomous Vertical Articulated Robot,' which employs sensors including cameras, radar and LiDAR to perceive its surroundings, navigate efficiently, supply materials and execute tasks such as assembly and defect inspection with its robotic arm. This innovation facilitates seamless automation across a range of operations. LG's CEO William Cho, speaking this month at CES 2025 in Las Vegas, emphasized the importance of this investment, stating, 'Robots are a certain future,' and hinted at plans to expand beyond the current focus on hospitality and logistics delivery robots to include the Self-driving AI Home Hub and other home robots to achieve 'Zero-labor Home.' The acquisition of management control of Bear Robotics is expected to create synergies across LG's entire robotics business, including commercial robots. As the robotics industry increasingly shifts towards AI-centric solutions, this collaboration is poised to significantly enhance LG's overall robotics software capabilities. LG intends to create an integrated software platform for commercial, industrial and home robots leveraging Bear Robotics' technology. This platform aims to deliver a consistent and high-quality user experience across various applications. By applying this integrated platform universally to the development of different types of robots, LG expects to shorten development cycles. LG's advanced manufacturing capabilities and supply chain management expertise are poised to enhance the operational efficiency and market responsiveness of its robotics business. Furthermore, the extensive global sales network developed through its B2B operations will facilitate broader product distribution. By integrating commercial robots with a range of B2B solutions, including hotel TVs, signage and IT devices, LG can achieve a competitive edge through a turnkey order approach, delivering tailored products that meet the specific needs of corporate clients. 'This additional investment underscores our dedication to positioning robots as a pivotal growth engine for the company, reflecting our belief in their inevitable role in the future,' stated Lee Sam-soo, Chief Strategy Officer at LG Electronics. 'We will persist in driving innovation across all sectors of robotics, encompassing commercial, industrial and home applications.'
