Balyo signs seven-year Amazon commercial agreement
Balyo signed a seven-year commercial agreement with Amazon tied to robotic lift-truck purchases and warrants.
Evidence notes
- Balyo said Amazon warrants would vest based on purchases of Balyo-enabled products.
- The agreement referenced potential orders up to EUR 300 million.
- The warrant structure could let Amazon subscribe for up to 29 percent of Balyo's capital.
Company context
BALYO builds autonomous forklifts and fleet software for pallet movement and high-bay storage. Its portfolio covers turret trucks, reach trucks, stackers and tuggers built on established industrial-vehicle chassis.