Promobot signs €18.5 million exclusive distribution contract for Europe

Date: 2019-09-26 · Type: partnership · Company: Promobot

Promobot signed an exclusive contract with Swiss company Advanced Robotics covering robot sales across the European Union through 2024.

Promobot signed an exclusive contract with Swiss company Advanced Robotics covering robot sales across the European Union through 2024.
Disclosure referenced roughly one thousand service robots with a total contract value of about €18.5 million.
The arrangement is a concrete regional distribution milestone with a named partner and stated volume.