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IVISYS, a subsidiary of Athanase Innovation, has received an order worth SEK 62.4 million from iGPS, the largest plastic pallet manufacturer in the USA, for four PalletAI units. Delivery and payment are milestone-based, with revenue recognition expected in the second half of 2024.
Ivisys AB completed the acquisition of ICS Image Control Systems AB from Mikael Sjöholms and Magnus Larsson for SEK 9.1 million, paid through a share issue and cash. The deal was effective May 28, 2018.
IVISYS AB received an order worth approximately EUR 70,000 from Atlas Copco in Belgium for a full-scale IVISYS Pro Installation quality control system, following a successful pilot study earlier in 2017.