PWDY Sub "CM Tech is now currently evaluating some local motor manufacturing companies as potential acquisition candidates which will increase our market presence in the medical, robotic, and unmanned vehicles sectors. In addition to providing new market opportunities, it would also provide the Company with additional experience in sales and technical support. CM Tech is also working to enter these markets on our own but doing it via an acquisition would save us time and capital since the gestion period is 6 months plus to get new products introduced into these markets."
With the ongoing emergence and growth of artificial intelligence (AI) we are anticipating and preparing for an increase in demand for CM Tech’s custom designed motors. Currently, CM Tech does not directly supply the AI market but supplies the motors to the semiconductor equipment manufacturers who produce and service the automated equipment that is responsible for making the silicon wafers used in the micro processing chips. These microchips are used in AI as well as in smart TVs, cell phones, computers, and virtually every smart device produced today.
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