Big Wave Robotics passes KOSDAQ listing preliminary review… officially enters the robotics software market

The Korean exchange approved Bigwave Robotics’ pre-listing review for Kosdaq on the 23rd, officially kicking off the company’s process of entering the stock market. Approval of the pre-listing review means the company has cleared the first gate for Kosdaq listing; going forward, it will proceed through steps such as public offering procedures, demand forecasting, subscriptions, and other stages, to ultimately determine whether it will be officially listed.

Bigwave Robotics is a software development and supply company founded in 2020. The company is categorized as a small and medium-sized enterprise and a venture company. It runs a robot automation platform, “Marosol,” and a comprehensive robot control system, “Sollink.” The robot automation platform is a foundational system that helps connect and operate the robot equipment and software required at industrial sites; meanwhile, the comprehensive control system is a system that manages the status and operating workflows of multiple robots on a single platform.

The company has also delivered profitable performance. In full-year 2025, Bigwave Robotics recorded sales of 20.743 billion won and an operating profit of 673 million won. Although it is not yet a very large-scale company, the robotics industry is expanding rapidly based on the growth in demand for manufacturing automation and logistics efficiency, which could draw market attention. Recently, domestic capital markets have seen consistently high investment demand for companies related to robotics and artificial intelligence, and this has also been viewed as a favorable backdrop for advancing the company’s listing process.

The lead underwriters for this listing are Eugene Investment & Securities and Mirae Asset Securities. The listing underwriters are responsible for designing the structure of the company’s public offering, evaluating the company’s value, and leading the entire process—from demand forecasting for institutional investors to ordinary subscriptions. Since the company has already passed the exchange’s pre-listing review, Bigwave Robotics will submit securities registration statements and other documents to the financial authorities going forward to complete subsequent procedures.

The market is closely watching what kind of assessment this robotics software company will receive on the Kosdaq market. Compared with companies that are purely manufacturers, platform-focused and operating-software-focused companies have the potential to receive higher growth evaluations. At the same time, they also face the task of proving the stability of earnings and the speed of market expansion. In the future, this trend may become an important signal for gauging IPO market sentiment for companies related to automation and the robotics industry.