BALYO

Company Description

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2004: two young engineers, robotic enthusiasts, team up to automate a custom Automated Guided Vehicle (AGV) for a large industrial glass company: it’s the beginning of BALYO’s adventure. Aware of the technology potential and market opportunity, they decide to found their own robotic company and create BALYO in 2005.

Then, they quickly focus on developing a navigation module concept, bringing a unique intelligence technology that turns standard electric trucks into standalone intelligent robots: the BALYO revolution can start.

In 14 years, BALYO has opened offices in three continents, deployed more than 500 robots worldwide, signed two strategic partnerships with two majors of the material handling industry and went public in 2017 (Euronext, Paris).

Year founded

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2005

Served area

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Worldwide

Headcount

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143

Headquarters

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74 Avenue Vladimir Ilitch Lénine, 94110 Arcueil – France

Shares outstanding

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33,755,587

IPO

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June 9, 2017

Stock exchange(s)

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Euronext Paris