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February 22, 2007

Robot Suit Startup Gets Cash

CYBERDYNE Inc. received a 1 billion yen investment from Daiwa House Industry Co., which now owns 15% of the robotics company that will manufacture and sell the robot suit HAL. CYBERDYNE will use the money to build a research center and manufacturing facility as well as to hire 30-40 engineers. It is initially aiming to sell the suits to hospitals and nursing homes.

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