Kudan Inc. Announces Name Change of Artisense GmbH to Kudan Germany GmbH

Kudan Inc. announces name change of Artisense GmbH (a Kudan Company, Ungererstraße 175, Munich Germany) to Kudan Germany GmbH.

■ Tokyo, April 19, 2024 – Kudan Inc. (headquarters in Shibuya-ku, Tokyo; CEO Daiu Ko, hereafter “Kudan”), a leading provider of real-time simultaneous localization and mapping (SLAM) software, announced today that it has changed the name of its subsidiary Company, Artisense GmbH to Kudan Germany GmbH. The change of the new company name to Kudan Germany aims to strengthen the branding further and establish a unified European business structure for the Kudan Group.

With the integration of Artisense's technology and business organisation into the Kudan Group completed in 2023, Kudan Germany will be at the centre of the Group's European operations in both name and reality, with the aim of expanding business in Germany and neighbouring countries, where the manufacturing and industrial sectors are concentrated and the new energy industry is leading the way.

This change is only to the company's name; there will be no change to its address, management structure, or business activities. “We, the Kudan Group, are enabling the next generation of digital twins and robotics solutions with state-of-the-art spatial perception technology at its core”, said Daiu Ko, CEO of Kudan. “The former Artisense has handed over its technological assets originating from the Technical University of Munich to the Kudan Group, which will lead the entire Kudan group’s European business development as its regional innovation hub, Kudan Germany.”

■ About Kudan Inc.

Kudan is a deep tech research and development company specializing in algorithms for artificial perception (AP). As a complement to artificial intelligence (AI), AP functions allow machines to develop autonomy. Currently, Kudan is using its high-level technical innovation to explore business areas based on its own milestone models established for deep tech which provides wide-ranging impact on several major industrial fields. For more information, please refer to Kudan’s website at https://www.kudan.io/.

■ Company Details

Name: Kudan Inc.

Securities Code: 4425 (TSE Growth)

Representative: CEO Daiu Ko

■ For more details, please contact us from here.