Ready Robust Machine

The company's flagship product is 'READiX,' a smart energy recovery system designed for hydraulic equipment like excavators. This system captures and stores hydraulic and potential energy that is normally wasted when an excavator's boom is lowered. The recovered energy can then be reused in one of two modes, selectable via a mobile app: 'Eco Mode' assists the engine to reduce fuel consumption by up to 30%, while 'Power Mode' provides an extra boost to the boom, increasing operational speed and strength. This technology is compatible with new and used equipment, including diesel, electric, and hydrogen-powered models, making it a versatile solution for a broad market.

Ready Robust Machine targets operators and owners of heavy machinery in sectors such as construction, waste management, scrap metal processing, and steel manufacturing. The business model involves selling the READiX hardware, which can be retrofitted onto existing equipment. The company also offers a package called 'READi EX,' which combines the energy recovery system with a software solution to convert diesel excavators into electric models, aiming to minimize electricity costs. By providing a clear return on investment through significant fuel and energy cost savings, the company addresses key operational pain points for its clients. The system also contributes to reducing carbon emissions. To date, the firm has secured approximately 9.5 billion KRW (about 7 million USD) in total funding from investors including Quantum Ventures Korea, KDB, KIBO, and Strong Ventures, and has already exported to the Netherlands. Keywords: hydraulic energy recovery, construction equipment efficiency, excavator fuel saving, Taerang Jung, READiX, heavy machinery retrofit, electro-hydraulic systems, construction technology, carbon emission reduction, smart construction machinery, energy storage system, construction equipment attachment, fuel efficiency solution, power hybrid system, after-market construction parts, site solution construction, waste management equipment, steel industry machinery, equipment diagnostics, IoT construction