On Holding AG announced the opening of its first LightSpray factory in Zurich, equipped with four robots to implement its proprietary manufacturing technique. This marks a significant step in scaling the revolutionary technology.
LightSpray technology enables the creation of an ultralight shoe upper in a single, automated step using a robotic arm, completing the process in approximately three minutes per shoe. This process is significantly faster and less labor-intensive than traditional methods.
The company's goal is to expand production capabilities from a couple of thousand pairs to millions of pairs using this technology. This scaling is expected to enhance manufacturing efficiency, simplify the supply chain, and allow for production closer to consumer demand.
LightSpray technology is a core competitive advantage for On Holding AG, contributing to higher average selling prices for differentiated products and potentially lowering manufacturing costs over time. This innovation solidifies the company's market positioning as a leader in performance technology.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.