Balyo : Substantial order commitments for 2020
>Two agreements for a total of 394 robots - Balyo announced this morning order commitments from its two industrial partners for 2020.Following the press release and a contact with the company, we note:Specifically, Linde Material Handling and Hyster Yale have committed to order a total of 394 robots for FY 2020. According to Balyo, this represents almost twice the number of robots the company will sell in 2019. The sequencing of orders is expected to be pro...Balyo SA is a France-based company that designs robotic navigation solutions which are installed into forklifts and allow them to automatically transport pallets. The Company's apparatus is equipped with the guidance technology called Geoguidage. The Geoguidage system is installed in a module which is attached to the forklift, and allows the vehicle to calculate its position and memorize the layout of the warehouse. Its equipment allows detection of pallets, containers and dollies; stacking pallets; read barcode; towing loads; interactions with conveyors and doors, etc; scalable setting and automatic modes, among others. The Company's products are used in logistics and in industry.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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