News and Announcements
Mobotech Investor Update November 2016
- Published December 07, 2016 3:48PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
7th December 2016
Following on from last month. We met with the PepsiCo 6 Sigma team in South Carolina last week to formulate and agree the Mobot project success criteria. It was great to be included in the team to ensure deliverable expectations. These should be signed off before Xmas and over the next 6 weeks Magline will be making the necessary end effector changes to meet the agreed criteria. We expect to go to next step trials by early Feb.
Met up again with BBUSA (Bread) last week while in South Carolina. They wish to begin trials with the Mobot again, after 18 months silence. We have scheduled these for end Jan at one of their large Distribution Centres in Florida. We also had a demo of the Mobot with BMW USA. They found us searching youtube, for their need of the ‘world’s smallest forklift’. Mobot is small enough and they have scheduled a trial for late Jan.
Magline continue to support the short-term funding of the Mobots’ market awareness campaign but are awaiting sales developments before they will commit to too much more.