Japan start-up Innophys Co. is expanding overseas in nations that have aging populations to offer its wearable exoskeleton to support heavy lifting.
Set up by Tokyo University of Science professor Hiroshi Kobayashi, Innophys Co, hopes its products will be used in the care and farm fields in Europe, China, and South Korea, where similar age-related social issues occue.
Innophys Executive Officer Masaru Yoda said that with demand for assistive suits getting greater as populations age, they have a chance at being top in the world.
The firm has a domestic market share of about 70 percent. It sold around 20,000 Muscle Suit in April 2021 since launching it in 2014.
The exoskeletons support the arms and back.
They employ artificial muscles that are composed of rubber tubes covered in nylon mesh that expand when compressed air is added, creating a strong pulling force that can help with physically demanding manual activities and lessen back strain when lifting large goods.
The suit, which is worn like a backpack, can greatly reduce stress when performing heavy factory work, caregiving, and agricultural duties. It is also a useful tool for averting potential workplace mishaps.
Each item costs about 150,000 yen and weighs about 4 kg.
In 2020, Innophys began to expand into Taiwan, Hong Kong, and Macao. Currently, the company has sales representatives in 17 nations and areas, including China, South Korea, Germany, and France.


Kioxia Targets U.S. Listing as AI Chip Boom Accelerates
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers
Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026
Trump Administration Releases New UFO Files and Apollo Mission Records
China Eastern Orders 25 Airbus A330neo Jets in $9.35 Billion Deal to Boost International Expansion
FDA Adds Fatal Risk Warning to J&J and Legend Biotech’s Carvykti Cancer Therapy
Bayer Wins Major U.S. Supreme Court Roundup Lawsuit, Shares Surge
OpenAI May Delay IPO to 2027 Amid $1 Trillion Valuation Goal
Alphabet Replaces Verizon in Dow Jones Industrial Average
Tesla and NatPower Partner on $5 Billion Battery Storage Expansion in Europe
Bain Capital Nears Deal for Majority Stake in Volkswagen Marine Engine Unit Everllence
Hantavirus Cruise Ship Outbreak Triggers Global Health Alert
NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern
Apple Supplier Stocks Slide as Samsung, SK Hynix Lead Selloff After Apple Price Hikes
US Tightens Ebola Controls as Congo Outbreak Sparks Global Concern
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 



