Stock Track | HORIZONROBOT-W Soars 5.98% Intraday on Strategic Partnership with KAR Power for Autonomous Logistics

Stock Track12-10

HORIZONROBOT-W (09660) surged 5.98% during the intraday session on Wednesday, reflecting strong investor optimism following the announcement of a strategic partnership with autonomous driving firm KAR Power.

The collaboration focuses on developing efficient and scalable autonomous logistics solutions using HORIZONROBOT's Journey 6P platform. Analysts at Lyons Securities upgraded their R&D expenditure estimates for the company, citing potential upside from upcoming customer certifications and adoption of its HSD600 technology by leading automakers.

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