Navya : Finalisation of the deal with ESMO
>ESMO subscribed to the second ORNANE tranche for € 10m - The remaining 10 ORNANEs were finally subscribed by the South Korean ESMO Corporation for an amount of € 10m. As a reminder, ESMO had subscribed to a first tranche of € 10m at the end of September 2019. As agreed, the deal amounts to € 20m.As part of this deal, ESMO acquired the exclusive distribution of Navya autonomous shuttles in China, South Korea and Japan (exclusive transfer to Macnica), considering ...Navya SAS is a France-based company specialized in the conception of electric autonomous systems. The Company manufactures autonomous vehicles. The Group offers two vehicles: the Autonom Shuttle, an autonomous, driverless and electric vehicle that is capable of transporting over 14 people, which serves cities and private sites. The technical design of the Autonom Shuttle allows the shuttle to understand the surroundings in which it is located, detect obstacles and anticipate movement, and the Autonom Cab, which is a self-driving taxi, which is capable to carry one to six passengers. Users can order Autonom Cab, open and close the vehicle's door, start its motor, obtain tourist information or finishing ordering tickets for a show through a smartphone application. In addition, the Group provides a number of services to its customers, including the control of data, software updates and the maintenance of its autonomous vehicles. Apart from France, Navya also operates in the United State.
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