Amazon signs commercial agreement with Balyo for warehouse robotics

Amazon has signed a seven-year commercial agreement with Balyo, a French developer of robotic solutions for material handling trucks. Under the agreement, Amazon can subscribe up to 29% of Balyo's capital based on potential future orders up to €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.”roboticsandautomationmagazine.co.uk

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• roboticsandautomationmagazine.co.ukAmazon to invest in warehouse robotics company | Robotics and AutomationJohn ThorntonJan 30, 2020

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