Brief: Serve Robotics Enters Production Agreement With Magna

Mistras

24/04/2024 13:03

April 24 (Reuters) - Mistras Group Inc  MG.N :
    * SERVE ROBOTICS ENTERS PRODUCTION AGREEMENT WITH MAGNA TO
SCALE
ROBOT MANUFACTURING
    * SERVE ROBOTICS INC -  UNDER TERMS OF DEAL, MAGNA WILL
BECOME
EXCLUSIVE CONTRACT MANUFACTURER OF SERVE'S DELIVERY ROBOTS
    * SERVE ROBOTICS INC -  NEW PRODUCTION AND PURCHASE
AGREEMENT WITH
MAGNA, EFFECTIVE APRIL 24
    * SERVE ROBOTICS INC -  MAGNA TO SUPPORT SERVE'S PLAN TO
DEPLOY UP
TO 2,000 ROBOTS ON UBER EATS PLATFORM ACROSS MULTIPLE U.S.
MARKETS

Source text for Eikon:  ID:nPn8J6Gvxa 
Further company coverage:  MG.N 

 ((Reuters.Briefs@thomsonreuters.com;))