CYBERDYNE Announces Strategic Partnership and Joint Fund with Pegasus Tech Ventures

CYBERDYNE Inc. (President and CEO: Yoshiyuki Sankai, hereinafter 'the Company') has decided today to enter into a strategic business alliance with Pegasus Tech Ventures, Inc. (Founder and CEO: Dr. Md Anis Uzzaman, hereinafter 'Pegasus'), a global venture capital firm based in Silicon Valley, and to form a fund with the company to jointly promote strategic investment activities. This partnership is part of the Company's growth strategy to create global business opportunities in the 'HCPS-integrated Cybernics with Physical AI' field and to accelerate the development of the Cybernics industry. The Company aims to realize a 'Techno-Peer Support Society,' a well-being future society where people and technology coexist and support each other, enhancing independence and freedom for all, while promoting the creation of the 'Cybernics industry' as a new core industry following the robotics and IT industries. In recent years, in addition to the rapid development of generative AI, global attention has been growing on Physical AI, where AI controls real-world robots and mechanical systems. Amidst this trend, the Company is promoting the social implementation of 'HCPS-integrated Cybernics with Physical AI,' which fuses bio-medical systems with AI robotics and information systems, and is expanding into a wide range of fields including medical and healthcare. Pegasus operates an innovation platform connecting promising startups and advanced companies around the world from its base in Silicon Valley, and possesses a wealth of investment experience and a global network. Through this partnership, the Company will strengthen its access to promising startups, advanced technologies, and innovation ecosystems worldwide through Pegasus, and will promote technology development and business co-creation in the 'HCPS-integrated Cybernics with Physical AI' field. This will lead to the creation of new business opportunities and business expansion in the global market, aiming to enhance corporate value over the medium to long term. The impact of this matter on the Company's consolidated financial results is currently under review. We will promptly announce any matters that need to be disclosed in the future.