French robotics software startup Balyo has signed a seven-year commercial agreement with Amazon on robotic solutions.
Balyo says the deal is a “decisive step” in its development, and supports the added value of its robotic solutions and will potentially boost their deployment.
Under the agreement, Amazon would obtain the right to subscribe up to 29 per cent of Balyo’s capital depending on the level of potential future orders by Amazon up to €300 million. [Read more…] about Amazon signs up Balyo to provide robotic solutions