Cyberdyne and Skynet - Robotics Firm With Evil Name Wins Investors

A man demonstrates a work-assist robot suit developed by Cyberdyne Inc. at Chiba Institute of Technology’s Shibazono campus in Narashino, Japan

Robotics Firm With Evil Name Wins Investors

A Japanese company with one of the most ominous corporate names in movie lore just went public.
Shares in Cyberdyne Inc. more than doubled in price on their first day of trading on the Tokyo Stock Exchange. That’s Cyberdyne the maker of exoskeleton suits, not Cyberdyne the fictional defense firm behind Skynet, the artificial intelligence system that turned Earth into an apocalyptic wasteland in the Terminator series.

And the tongue-in-cheek sci-fi references don’t end there. The Tsukuba-based startup’s exoskeleton suits recall another self-aware creation of human technology: HAL from “2001: A Space Odyssey.” Cyberdyne’s HAL (Hybrid Assistive Limb) suits are designed to help nursing-home workers lift heavy objects and people undergoing physiotherapy recover strength in their arms or legs.

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Despite–or perhaps thanks to–the sinister-sounding origins of the company’s name, Cyberdyne’s shares opened at more than double its premarket price of ¥3,700 on the Mothers section of the Tokyo bourse.

Yoshiyuki Sankai, the firm’s president told the Nikkei that he plans to retain about 88% of voting rights after the initial public offering through a special class of stock that has 10 votes per share to prevent the company’s HAL suits from being used for military purposes.

This Post is taken from  Robotics Firm With Evil Name Wins Investors

And the best part is Comment .I have taken it as it is.

Boy you you need a loads of GUTs to do it. Don't believe me,you can see yourself on the site.

    7:04 pm March 27, 2014 Naoko wrote:
    Ah, the 五毛党 Chinese ultranationalists have arrived. Never miss out on an opportunity to lash out at the Japanese, right? No matter what the topic!
    For God’s sake, you do realise that the Terminator movies were fictional, no? So how do you make the connection from a company that’s building something genuinely useful, to stirring up the old pot of historical enmity between Japan and China? Or are you simply looking to criticise anything that has anything to do with Japan because you’re trying to influence readers’ opinion against it?
    • Naoko – marry me?


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