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SANTA CLARA - Agora, Inc. (NASDAQ:API), a $346 million market cap technology company currently trading at $3.81, unveiled an updated version of its Convo AI Device Kit on Wednesday, adding 4G connectivity, visual intelligence capabilities, and faster prototyping features.
The new R1-4G kit enables developers to create a working demo of an LLM-based AI device in one hour and develop a production-ready prototype in one day, according to the company. According to InvestingPro analysis, Agora appears undervalued with strong analyst support, earning a consensus "Strong Buy" recommendation.
"With the Convo AI Device Kit, we’re creating an open hardware ecosystem for building conversational AI devices that are truly mobile, multimodal, and production-ready in record time," said Tony Zhao, CEO of Agora.
The upgraded kit includes native global support for Nano-SIM and eSIM across multiple regions including North America, Europe, and Asia. It also features a built-in camera for visual recognition, expressive eye feedback synchronized with speech, and compatibility with various ASR, TTS, and LLM providers.
Additional features include a multi-sensor suite with G-sensor, NFC, and vibration motor for device interactions.
Yuna Pan, Co-Founder and CTO of Robopoet, stated that the kit provides "ultra-low latency voice interactions and global connectivity" for their AI companions.
The device kit is intended for developing smart companions, educational robots, connected toys, and AI-powered learning devices, according to the press release statement.
Agora, headquartered in Santa Clara, California, provides real-time engagement APIs and serves over 1,700 organizations globally. The company generated $133.5 million in revenue over the last twelve months, maintaining a healthy gross profit margin of 67%. For deeper insights into Agora’s financial health and growth prospects, check out the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Agora reported its financial results for the second quarter of 2025, revealing a revenue of $34.3 million, which reflects an 11% increase compared to the same period last year. The company’s net profit also experienced a significant rise, tripling from the previous quarter to reach $1.5 million. Agora continues to make strides in the real-time communication and AI conversational technology sectors, with notable advancements in new AI products. Additionally, Agora announced the expanded support for OpenAI’s Realtime API, now generally available, which includes new features such as automated greetings and mixed-modality interaction. These enhancements are part of Agora’s efforts to foster more natural communication between users and AI agents. The company’s recent developments underscore its commitment to innovation and growth in its industry.
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