Balyo and Körber Sign Strategic Partnership to Increase Warehouse Throughput, Productivity, and Safety
27 Mai 2021 - 6:31PM
Business Wire
Regulatory News:
BALYO (FR0013258399, Ticker: BALYO, eligible for PEA-PME
savings schemes), a technological leader in the design and
development of innovative robotic solutions for material handling
trucks, today announces a partnership with K�rber, an integrator
with unmatched supply chain technology expertise.
K�rber and BALYO, integrator and developer of advanced
autonomous fork-lift robots, will provide businesses worldwide with
the latest technology in autonomous material handling equipment
(MHE).
Balyo bridges the gap between traditional material handling
equipment (MHE) and autonomous mobile robots (AMRs). This includes
forklift trucks, tow tractors- (for tugging applications),
stackers- (for floors/low level pallet movements) and reach-robots
(for high racks). Through PLd level safety sensors and proprietary
‘Driven by BALYO’ technology for autonomous operations, robotic MHE
can be seamlessly integrated into existing operations without the
need for additional or change in client’s infrastructures.
Robots are already increasingly supporting businesses around the
globe to tackle challenges in goods movements in the warehouse. The
partnership opens up new opportunities to businesses. Kӧrber will
work with BALYO to integrate its range of robotics to overcome
challenges associated with full pallets, bulk movements and heavy
goods. The result is flexibility, agility and scalability -
smoothly increasing throughput and productivity with company
growth.
The solutions also enhance employee safety and efficiency. A
safer work setting is provided through smart safety and stop-and-go
features - scanning the environment in real time for obstructions
and instructing the robotic truck or tow tractor to move or stop
accordingly. The robotic lift trucks also overcome labor shortages.
Rather than replacing employees, the solution enables them to carry
out more valuable tasks while working alongside the robots.
Pascal Rialland, CEO of BALYO comments, “We are very
pleased to pursue this collaboration with Kӧrber as we continue to
develop a partner network that meets local and global needs for
industry verticals and logistics customers. Kӧrber’s expertise in
warehousing and logistics and their global presence reinforce the
complementary nature of our two companies and are a major asset for
deploying BALYO complementary solutions to our customers.”
Nishan Wijemanne, Global Leader AMR/Robotics, K�rber Business
Area Supply Chain explains: “Flexibility, adaptability and
precision are everything in today’s supply chain. Our partnership
with BALYO is a testament to K�rber’s dedication to offer the right
tools to make this a reality. Robotics bring a new level of
performance to warehousing and logistics. Our expertise combined
with BALYO’s unique solutions will empower business around the
world to conquer today’s complexities and to evolve with consumer
and industry demands to capitalize on all the future holds.”
***
Next financial release: first half 2021 sales revenue on
July 22, 2021.
About BALYO
Humans around the World deserve enriching, creative jobs. At
BALYO, we believe that pallet movements in DC and manufacturing
sites should be left to fully autonomous robots. To execute this
ambition, BALYO transforms standard forklifts into intelligent
robots thanks to its breakthrough Driven by Balyo™ technology. Our
leading geo guidance navigation system enables robots to locate
their position and navigate autonomously inside buildings - without
the need for any additional infrastructure.
To accelerate the material handling market conversion to
autonomy, BALYO has entered into two global partnerships with KION
(Linde Material Handling's parent company) and Hyster-Yale Group. A
full range of globally available robots has been developed for
virtually all traditional warehousing applications; Tractor,
Pallet, Stackers, Reach and VNA-robots. BALYO and its subsidiaries
in Boston and Singapore serve clients in the Americas, Europe and
Asia-Pacific. The company has been listed on EURONEXT since 2017
and its sales revenue reached €21.7 million in 2020. For more
information, visit https://www.balyo.com/
About the K�rber Business Area Supply Chain
Supply chains are growing more complex by the day. K�rber
uniquely provides a broad range of proven, end-to-end supply chain
solutions fitting any business size, strategy or appetite for
growth. Capable of delivering not just software, but automation,
voice, robotics, and materials handling – plus the expertise to tie
it all together. We are a global partner not just for today, but
also as the needs of supply chains continue to evolve. Conquer
supply chain complexity – with K�rber. The Business Area Supply
Chain is part of the global technology group K�rber. Find out more
on http://www.koerber-supplychain.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210527005742/en/
BALYO Frank Chuffart investors@balyo.com
NewCap Financial Communication and Investor Relations
Thomas Grojean / Louis-Victor Delouvrier Tel: +33 1 44 71 98 53
balyo@newcap.eu
Balyo (EU:BALYO)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Balyo (EU:BALYO)
Historical Stock Chart
Von Apr 2023 bis Apr 2024