The licence awarded
comprising an entry
fee plus royalties on future sales for the next 20 years
HERICOURT, FRANCE - EQS - 16 October 2018 - GAUSSIN Manugistique
(EURONEXT GROWTH FR0010342329) has announced a 20-year
exclusive licensing contract set to last until 2038 with the land systems arm
of ST Engineering, a global technology, defence and engineering company listed
on the SGX, to manufacture, promote, distribute and market the PERFORMANCE®
ultra-fast charge FULL ELEC AGV in Singapore.
PERFORMANCE ULTRA-FAST CHARGE FULL ELEC AGV
PERFORMANCE® ultra-fast charge FULL ELEC AGV in operation since March 2018 in a
Singapore container terminal
1. The PERFORMANCE® ultra-fast charge FULL ELEC AGV: GAUSSIN's 70-tonne automated big robot
May 2016 (see press release dated 11 May
2016), Groupe GAUSSIN received an order from a Singapore port operator for
two FULL ELEC AGVs. The order was issued as part of an initial call for tenders
for the Singapore port automation programme.
PERFORMANCE FULL ELEC AGVs were designed and produced under a co-development
agreement between GAUSSIN and the local port authority that includes shipment
of the vehicles plus three fast charge FULL ELEC PowerPacks and their delivery
in March 2018. This key milestone culminated in a Certificate of Final
Completion (SAT) marking the final validation of the two vehicles. While the
tests were underway in Singapore, GAUSSIN field experts provided comprehensive
training on site.
2. The licensing business model gets the go-ahead
licence awarded to ST Engineering's Land Systems arm, comprising an entry fee
plus royalties on future sales, involves the Ultra-Fast Charge PERFORMANCE® AGV
for Singapore. This licence includes know-how, patents and software developed
over the past several years by GAUSSIN and will form part of the Group's Smart
Mobility offerings for the industrial and manufacturing industries.
licensing contract validates Groupe GAUSSIN's know-how and patents on advanced
technologies in reliable, robust heavy-duty automated electric vehicles.
model also confirms the interest shown by major international industrial groups
in the technologies developed by Gaussin for its new product lines aimed at the
shipping, airport, logistics and industrial sectors.
3. Gaussin and ST Engineering a winning Team
"The joining of forces of Gaussin and ST
Engineering allows for a perfect match extends our suite of automation
solutions to customers by capitalizing on Gaussin's disruptive technology and
building on ST Engineering's engineering capabilities and global network"
said William Lee, SVP/GM, Logistics Automation, Robotics and Autonomous Systems
Business, ST Engineering.
Gaussin, CEO and Chairman, commented "The
signature of this licence agreement allows us to up the scales for the
commercialization of our AGVs while ensuring a long term promise to the market".
Both teams have begun working together with enthusiasm and additional drive for
robotics and artificial intelligence.
MONDIAL TECH Paris
from 4 to 14 October
Airport Solutions Dubai on 8 October
Transformation Asia-Pacific on 16 to 18 October 2018
MANUGISTIQUE® specialises in auditing handling processes and producing wheeled
systems for loading and transporting heavy, bulky or delicate goods. With more
than 50,000 handling vehicles worldwide, GAUSSIN Manugistique enjoys a strong
reputation in four rapidly growing markets: Energy, Transportation, Environment
and Raw Materials. GAUSSIN MANUGISTIQUE® has been listed on Euronext Growth
Paris since 16 June 2010. Since 20 July 2012, GAUSSIN shares have been listed
on the E2 quotation group (Public Offering), since obtaining AMF Approval no.
12 -360 dated 17/07/12 on the Prospectus, available free of charge on www.gaussin.com.
About ST Engineering
ST Engineering is a
global technology, defence and engineering group specialising in the aerospace,
electronics, land systems and marine sectors. The Group employs about 22,000
people across offices in Asia, the Americas, Europe and the Middle East,
serving customers in the defence, government and commercial segments in more
than 100 countries. With more than 500 smart city projects across 70 cities in
its track record, the Group continues to help transform cities through its
suite of Smart Mobility, Smart Security and Smart Environment solutions.
Headquartered in Singapore, ST Engineering reported revenue of S$6.62b in
FY2017 and it ranks among the largest companies listed on the Singapore
Exchange. It is a component stock of the FTSE Straits Times Index, MSCI
Singapore, SGX ESG Transparency Index and SGX ESG Leaders Index. For more
information, visit www.stengg.com.*
Find out more about GAUSSIN at www.gaussin.com