Shape Robotics Enters Distribution Agreement with KISSEI COMTECH in Japan

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Company Announcement No. 15-2020
Copenhagen, October 7, 2020

The Danish robotics company, Shape Robotics, has signed a non-exclusive distribution agreement with Japanese KISSEI COMTECH, a strong and 20 years experienced partner providing EdTech solutions to primary schools and higher education institutions.

The agreement means that Shape’s successful modular constructive platform, Fable, specially designed for educational use, will be fully integrated into the KISSEI COMTECH product portfolio for the education sector. 

"Japan is a vast potential market and has this year begun a transition of their education system to a new curriculum with focus on robotics and programming. This partnership between Shape Robotics and KISSEI COMTECH open very interesting opportunities and it is an important milestone for Shape Robotics’ objectives in Japan." says David Johan Christensen, CEO

About Shape Robotics A/S
Shape Robotics A/S (”Shape Robotics” or ”the Company”) is a Danish robotics company with a strong position in the global educational technology (”EdTech”) market. The Company has developed Fable, a unique modular robot that makes it easy and fun for students to build and program their own robots. Since the launch of Fable in 2017 more than 5000 robots have been sold and shipped to schools around the world.

Shape Robotics helps educational institutions provide excellent teaching that will prepare students for a fast-changing future where digital technologies, artificial intelligence, and automation are transforming life and work. Fable is a modular robot that students can build in seconds. The robot system is robust, can withstand everyday usage in classrooms and can be used to solve demanding tasks. Students code Fable depending on their experience - from simple block programming to coding in the advanced Python language. Comprehensive teaching materials has been developed in collaboration with professional educators. Therefore, Shape Robotics provides complete teaching solutions for educational institutions from the 3rd grade to high-school and vocational schools.

Further Information
David Johan Christensen, CEO Shape Robotics A/S
Tel. (+45) 2685 0903

Investor relations
André Fehrn, CFO Shape Robotics A/S
Tlf. (+45) 2444 8556

Rugmarken 18, 3520 Farum, Denmark

CVR-nr. 38322656

Certified advisor contact
Västra Hamnen Corporate Finance AB
Christer Nilsson
Tel. (+46) 733 968 404
Jungmansgatan 12, 211 11 Malmö, Sweden
Bredgade 30, 1260 Copenhagen, Denmark


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