Shape Robotics receives its first order of 50 Thinken units from Lenovo under its newly announced pan-European partnership with Channel Tools

Herlev, Denmark – 26 August 2024 – Shape Robotics A/S, a leader in educational robotics, has received its first order of 50 units of its flagship product, the Thinken Mobile STEAM Lab, as part of a newly announced pan-European partnership with Channel Tools (see press release dated 22 April 2024). The order, placed by Lenovo, is part of a larger, undisclosed pool of potential orders that may be fulfilled over the next 3 to 4 quarters.

Lenovo’s order comes just one week after Shape Robotics was officially listed as part of Lenovo’s Third-Party Options (3PO) program, designed to expand Lenovo’s product offerings by featuring a variety of third-party top brands on its online platform.

Mark Abraham, CEO of Shape Robotics says: “Following our already established strategic collaboration with Lenovo to bring STEAM education to life, this order is a strategically important commercial milestone. It marks our official recognition as a true partner of Lenovo and provides further validation of the quality and innovation of Thinken. Our partnerships, including with Lenovo and Channel Tools, are essential for our growth strategy, as we continue to innovate and deliver outstanding products and services to our customers."

Depending on the specific fit-out and customization required by the educational institution, Thinken can be customized accordingly with an impact on the final price of the equipment, which may range from EUR 15,000 to EUR 35,000, or more. This pricing flexibility allows us to tailor Thinken to the unique needs of the clients, providing a comprehensive solution that integrates seamlessly into their educational environments.

The order does not change Shape Robotics financial guidance for 2024.

About Thinken

Thinken is a groundbreaking product developed to revolutionize the way educational institutions integrate technology and STEAM (Science, Technology, Engineering, Arts, and Mathematics) education. Thinken is designed to be a versatile and intuitive platform that empowers educators to create interactive, engaging, and highly customizable learning experiences.

Key features of Thinken include:

• Modular Robotics System: Thinken’s modular design allows students to build, program, and control various robotic models, fostering creativity, critical thinking, and problem-solving skills.
• User-Friendly Interface: The platform is designed with ease of use in mind, making it accessible to both educators and students, regardless of their prior experience with robotics or programming.
• Cross-Curricular Applications: Thinken supports a wide range of subjects beyond traditional STEM fields, including art, music, and language, making it a comprehensive tool for holistic education.
• Scalability: Whether for a single classroom or an entire school district, Thinken can be scaled to meet the needs of various educational environments, supporting personalized learning and collaborative projects.

About Lenovo 3PO

Lenovo 3PO (Third Party Options) is designed to expand Lenovo’s product offerings by featuring a variety of third-party brands and products on its online platform. The program thus allows Lenovo customers to purchase complementary solutions from trusted brands, all in one location directly on Lenovo’s homepage. This approach supports the growing demand for integrated technology ecosystems that cater to various aspects of work, education, entertainment, and smart home setups.​

About Channel Tools

Channel Tools is a UK-based company that specializes in sales and marketing services, technology, and mobile engagement platforms. They are known for their innovative channel sales and marketing strategies, utilizing the latest technologies to create and implement solutions that provide a good return on investment. Their distribution via TD Synnex extends throughout Europe and the UK, bringing next-generation tech to the market. For more information about their services and recent strategic agreements, you can visit their official website.

Additional information
Mark Abraham, CEO
Tlf.: +45 31 65 64 50
mark@shaperobotics.com

CVR-nr. 38322656
www.shaperobotics.com