Blackstone invests in South Korea’s Futronic to ride the robotics boom

Blackstone has invested in South Korean company Futronic, specializing in high-precision actuators for robotics, aiming to capitalize on growth in humanoid robots and factory automation. Futronic, founded in 1993, supplies motion control components vital for precise mechanical movement in robots and industrial machines. The investment supports Futronic's expansion in emerging mobility and automation sectors, with founder Jin-ho Ko remaining as CEO.