Amazon to invest in Balyo for self-driving forklift technology

Amazon has signed a deal with French robotics firm Balyo, receiving stock warrants representing up to 29% of Balyo's capital, exercisable based on orders of Balyo's products up to EUR 300 million.

“This agreement ... represents an unprecedented opportunity for Balyo to grow its business and supports the soundness of our investments over the years to perfect our robotic solutions.”ww.fashionnetwork.com

• 1 source
• ww.fashionnetwork.comAmazon to invest in French firm's technology for self-driving forklifts - FashionNetworkFashionNetwork.com WWJan 10, 2019

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