Serve Robotics Inc (NASDAQ:SERV) said it is expanding its existing agreement with Magna International Inc (NYSE:MGA) to boost the adoption of robotics in logistics.
Under the new agreement, Magna will become the exclusive contract manufacturer of Serve's delivery robots, effective April 24, aiding Serve's aim to deploy up to 2,000 robots on the Uber Eats platform across multiple U.S. markets.
The previous partnership entailed Serve granting Magna a non-exclusive license to its technologies to develop new products in the robotics and logistics space. The financial terms were not disclosed.
"Following our successful public offering, we are excited to start working to scale our robotic fleet with Magna's world-class manufacturing capabilities," said CEO Ali Kashani.
"This collaboration supports the natural progression of our business beyond food delivery and positions our proprietary robotics technology as a platform upon which new robots can be built."
Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots to make delivery sustainable and economical.
Backed by Uber Technologies Inc (NYSE:UBER) and NVIDIA Corp (NASDAQ:NVDA), Serve became an independent company in 2021.
Serve has scalable multi-year contracts, including a signed agreement to deploy delivery robots on the Uber Eats platform.
Price Action: SERV shares are trading lower by 3.47% at $3.06 at the last check Wednesday.
Photo via Wikimedia Commons
Serve Robotics Inc(納斯達克股票代碼:SERV)表示,正在擴大與曼格納國際公司(紐約證券交易所代碼:MGA)的現有協議,以促進機器人技術在物流中的採用。
根據新協議,曼格納將成爲Serve送貨機器人的獨家合同製造商,自4月24日起生效,這有助於Serve實現在美國多個市場的Uber Eats平台上部署多達2,000個機器人的目標。
之前的合作伙伴關係要求Serve向麥格納授予其技術的非獨家許可,用於在機器人和物流領域開發新產品。財務條款未披露。
首席執行官阿里·卡沙尼表示:“繼我們成功公開募股之後,我們很高興開始努力利用麥格納世界一流的製造能力擴大我們的機器人機隊。”
“這種合作支持了我們除食品配送之外的業務自然發展,並將我們專有的機器人技術定位爲可以構建新機器人的平台。”
Serve Robotics開發了先進的、人工智能驅動的低排放人行道送貨機器人,以實現可持續和經濟的交付。
在優步科技公司(紐約證券交易所代碼:UBER)和英偉達公司(納斯達克股票代碼:NVDA)的支持下,Serve於2021年成爲一家獨立公司。
Serve擁有可擴展的多年期合同,包括簽署的在Uber Eats平台上部署送貨機器人的協議。
價格走勢:在週三的最後一次檢查中,SERV股價下跌3.47%,至3.06美元。
照片來自維基共享資源