BUZZ-Small-cap robotics firms jump ahead of CES 2025

Reuters01-07 01:20
BUZZ-Small-cap robotics firms jump ahead of CES 2025

** Shares of small-cap robotic system makers surge in strong trading volume

** Serve Robotics SERV.O jumps 9.6% as automatic sidewalk delivery firm says it raised $86 mln in Dec.

** U.S.-listed shares of Israel-based Arbe Robotics ARBE.O jump 57% as co collaborates with Nvidia to enhance space mapping feature used in autonomous vehicles that will be showcased at CES 2025

** CES 2025, formerly known as the Consumer Electronics Show, runs Jan. 7-10 and is used to debut products ranging from new automotive technology to quirky gadgets

** Shares of robotics vendor Symbiotic SYM.O up 8.9%, robotics AI co Guardforce AI GFAI.O up 66%, Nauticus Robotics KITT.O, which makes robots for ocean industries, up 28%

** Robot vacuum maker iRobot IRBT.O up 27.5%, Richtech Robotics RR.O, which makes robots for restaurants, hotels and other hospitality industries, was up 5.1%; medical device maker Microbot Medical MBOT.O up 44%

(Reporting by Medha Singh)

((medha.singh@thomsonreuters.com))

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