Brief: StrongPoint Invests In And Partners With Halodi Robotics

Strongpoint ASA

03/03/2021 06:31

March 3 (Reuters) - Strongpoint ASA  STRONG.OL :
    * STRONGPOINT INVESTS IN AND PARTNERS WITH HALODI ROBOTICS
    * VALUE OF PARTNERSHIP IS APPROXIMATELY NOK 8 MILLION, WITH
HALF
BEING ALLOCATED TO RESEARCH AND DEVELOPMENT IN PROJECT, AND HALF
AS A DIRECT INVESTMENT IN HALODI ROBOTICS.
    * AIM OF PARTNERSHIP IS TO DEVELOP A ROBOTIC SOLUTION FOR
GROCERY
RETAIL SECTOR THAT WILL HELP STAFF WITH REPETITIVE TASKS, SO
THEY CAN FOCUS ON MORE COMPLEX TASKS AND SPENDING TIME WITH
CUSTOMERS.
    * HAS INVESTED IN AND FORMED A STRATEGIC PARTNERSHIP WITH
HALODI
ROBOTICS
    * AS PART OF PARTNERSHIP, STRONGPOINT WILL BECOME EXCLUSIVE
DISTRIBUTOR IN KEY AREAS OF EUROPE OF JOINTLY DEVELOPED
SOLUTIONS AND IS AIMING TO INITIATE TALKS WITH SELECTED LEADING
GROCERY RETAILERS TO PILOT AND COLLABORATE ON PROJECT.

Source text for Eikon:  ID:nObiKHZlWa 
Further company coverage:  STRONG.OL 

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