FlexQube receives first Navigator AMR order in Mexico worth 500 000 USD

FlexQube has received an order for the patented Navigator AMR system (autonomous mobile robot) to a global producer of commercial vehicles. The order value is about 500 000 USD and is the first order for the robotic system in Mexico, and the largest to date in North America. After implementation there is a potential for more units during 2025.

The products will be delivered by the end of the fourth quarter 2024.

CEO Mårten Frostne comments: "The first order for our innovative AMR system in a new country is always a milestone. We have grown the eco-system of load carriers to the Navigator, and this customer will use a towing load carrier together with the AMR to autonomously tow a train of material handling carts from the warehouse to the assembly line. We have been selected in a competitive bid process amongst established and well-known global robotic brands.

We continue to see a growing pipeline of AMR projects, especially in North America. Our focus is on existing customers within manufacturing and assembly operations where the need for flexibility is crucial. The Navigator, which is a standardised AMR, offers high level of flexibility thanks to a broad eco-system of load carriers that can vary in size, shape and function. We see a strong competitive advantage compared to other solutions in this market with these features."

About the FlexQube Navigator AMR

The FlexQube Navigator AMR is an autonomous mobile robot (AMR) developed by FlexQube to assist with material handling and intralogistics operations. FlexQube AMR Robot System consists of a non-load carrying AMR equipped with safety, navigation stack and battery that can dock with motorized carriers through a standardized coupling interface that transfers power and data to the motors on the load carrier in order to navigate it. In total FlexQube has been granted 6 patents for the system and have 19 more pending.

About FlexQube

FlexQube is a technology company headquartered in Gothenburg, Sweden with subsidiaries in USA, Mexico, Germany and England. FlexQube offers solutions for cart-based material handling using a patented modular concept. FlexQube develops and designs customized solutions for both robotic and mechanical cart logistics. Through the own developed and unique automation concept FlexQube can offer robust and self-driving robotic carts. FlexQube has more than 1000 customers in 38 countries with primary markets being North America and Europe.

FlexQube’s customers can be found within the manufacturing industry, distribution- and warehousing. We represent some of the most successful companies in the world with a significant share being represented on the Fortune 500 list. These companies exist within automotive, electric vehicle manufacturing, online retail, heavy-duty trucks, industrial automation and retail logistics.

For more information, contact: 

CEO, Mårten Frostne
marten.frostne@flexqube.com
+46 721 55 19 37

The share (FLEXQ) is traded on Nasdaq First North. FNCA Sweden AB is the company's Certified Adviser. Read more at www.flexqube.com

This information is insider information that FlexQube AB (publ) is obliged to disclose in accordance with EU Market Abuse Regulation. The information was provided by the above contact persons for publication on Oct 1, 2024, at. 07:15 CET.