AI NewsWaveAngel Robotics Founder Kong Kyoung-chul Returns as CEO, Expanding Into Physical AI
Key points
- Angel Robotics names founder Kong Kyoung-chul CEO
- Returns two years after professional-manager era began in 2024
- Strategy shifts beyond wearables toward physical AI
Wearable robot company Angel Robotics held a board meeting on the 16th and appointed founder and board chairman Kong Kyoung-chul, head of its Future Technology Institute, as CEO, according to a filing. The founder is back at the helm two years after the company moved to a professional-manager structure in October 2024.
Kong founded Angel Robotics in 2017 and served as CEO until October 2024, leading its KOSDAQ listing during his tenure. Chosun Biz described him as a professor of mechanical engineering at KAIST who has led development of core technologies such as robot actuators and control platforms.
The appointment was presented alongside a stronger physical AI strategy. According to AI Newspaper (인공지능신문), the company will expand technology built through wearable robot development and clinical validation into robot actuators, control platforms and a human motion foundation model, moving beyond a hardware-centered business structure. iNews24, EBN and Dailypharm put a leap into, or strengthening of, physical AI in their headlines.
The outlets emphasized slightly different points. Digital Today reported, based on the filing, that the CEO changed from Cho Nam-min to Kong Kyoung-chul, with the reason for the change being the resignation of the previous CEO. Other outlets focused on Kong's move from board chairman to CEO.