Shares of Nota have surged over 19% during trading following news of successful optimization with Qualcomm's latest edge artificial intelligence (AI) device.
As of 2:23 PM on May 29, Nota's stock was trading at 41,350 won, up 6,750 won (19.51%) from the previous trading day. At one point, shares reached as high as 43,900 won, marking an increase of over 26%.
The surge in investor sentiment is attributed to Nota's announcement that it successfully optimized the operation of the vision-language model (VLA) 'SmolVLA 0.45B' on Qualcomm's latest edge AI device, the 'Dragonwing IQ-9075.'
Nota explained that it applied optimizations focusing on the final stage of generating actual robot movements, which involves processing image recognition, language understanding, and behavior generation.
To achieve this, the company implemented real-time inference optimization to reduce repetitive computations and graph optimization based on neural processing units (NPU).
As a result of these optimizations, the processing time for the action head, which is responsible for generating robot movements, decreased by approximately 85.8%, from 218 milliseconds (ms) to 31 ms. The overall inference time was also reduced from 505 ms to 310 ms, while the success rate for tasks remained stable at around 85%, down from 86%.
Nota specializes in AI lightweight solutions based on hardware-aware optimization technology. Its main businesses include the 'Nespresso Platform,' which automates the development process of on-device AI models, and the 'Nespresso Solution,' an edge AI-based video analysis solution.
Last year, the company reported annual revenue of 13.1 billion won and an operating loss of 15.3 billion won.
Kiwoom Securities researcher Kim Hak-jun projected that Nota's revenue for this year will reach 26 billion won, a 98.5% increase from the previous year, and noted that its vision AI business is expected to expand beyond shipyards to the Middle East. He added that the break-even point (BEP) for revenue is approximately 30 billion won.
* This article has been translated by AI.
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