GlobeNewswire by notified

Kalmar partners with Coast Autonomous Inc. to speed up the development of robotic solutions to the market

Share

CARGOTEC CORPORATION, PRESS RELEASE, 5 JANUARY 2022 AT 11 AM (EET)

Kalmar, part of Cargotec, has signed a joint development agreement with Coast Autonomous Inc. to speed up the development and launch of robotic solutions across the mobile equipment offering.  To emphasise the common long-term interests of the partnership between the companies, Kalmar has become a minority shareholder of Coast Autonomous.

The joint development agreement and investment in Coast Autonomous follows the introduction of Kalmar Robotic Portfolio - a future range of intelligent, flexible and autonomous mobile equipment solutions designed to improve safety, eco-efficiency and productivity of cargo and material handling in ports and terminals, distribution centers and heavy logistics.

Coast Autonomous is an autonomous driving technology start-up based in California, USA, providing mobility solutions to move people and goods in urban and industrial environments. Coast Autonomous has developed a proprietary autonomous vehicle system that includes mapping and localisation, robotics and artificial intelligence, fleet management and supervision. In the initial phase, the partnership between Kalmar and Coast Autonomous will focus on the autonomous driving functionality of the Kalmar RoboTractor - an autonomous terminal tractor.

Lasse Eriksson, Vice President, Technology at Kalmar: “Partnership between Kalmar and Coast Autonomous highlights the importance of collaboration in our industry, especially in the area of robotics. Coast’s unique technology that addresses safety on each level and the broad experience in autonomous driving solutions provides us with a great opportunity to accelerate the robotisation journey and the launch of Kalmar Robotic Portfolio. As safety is the key criteria in everything we do at Kalmar, we are excited about the collaboration with Coast and the opportunity to integrate their safe autonomous driving solutions that will enable autonomous operation in mixed-traffic environments in the future.”

Adrian Sussmann, President and CFO, Coast Autonomous: “Our technologists have been focused, for over twenty years, on developing safe autonomous vehicle systems for pedestrian and industrial environments. The collaboration with Kalmar is the perfect application for our technology and we are excited to integrate our robotic solutions into their best-in-class vehicles, bringing improved safety and efficiency to the market. To work with the market leading OEM in ports and terminal operations is an amazing opportunity and a wonderful endorsement of our unique approach.  We are at the dawn of a new era in robotics and the partnership with Kalmar validates our belief that safe autonomous vehicles will proliferate rapidly in industrial settings providing tremendous benefit and value for all.”

Further information for the press:


Lasse Eriksson, Vice President, Technology, Kalmar, lasse.eriksson@kalmarglobal.com

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@kalmarglobal.com

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2020 totalled approximately EUR 3.3 billion and it employs around 11,000 people. www.cargotec.com

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

DNO Receives 10 Awards in Norway's APA Licensing Round18.1.2022 15:54:11 CET | Press release

Oslo, 18 January 2022 – DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses, of which three are operatorships, under Norway's Awards in Predefined Areas (APA) 2021 licensing round. Of the 10 new licenses, six are in the North Sea and four in the Norwegian Sea. At yearend 2021, DNO held interests in 73 licenses offshore Norway, of which 17 were operated by the Company. The new awards under the APA 2021 licensing round include: PL 586 B: Neptune Energy Norge AS (operator), Suncor Energy Norge AS, Vår Energi AS, DNO Norge AS (7.5%) PL 923 B: Equinor Energy AS (operator), Petoro AS, Wellesley Petroleum AS, DNO Norge AS (20%) PL 969 B: A/S Norske Shell (operator), Spirit Energy Norway, DNO Norge AS (45%) PL 1007 B: DNO Norge AS (operator, 40%), OMV (Norge) AS, Equinor Energy AS, Spirit Energy Norway AS PL 1145: DNO Norge AS (operator, 60%), Aker BP ASA PL 1146: ConocoPhillips Ska

AGC Biologics Names Regina Choi-Rivera New General Manager of Boulder, Colorado Mammalian Production Facility18.1.2022 15:05:00 CET | Press release

Boulder, Colo., Jan. 18, 2022 (GLOBE NEWSWIRE) -- AGC Biologics, a leading global Biopharmaceutical Contract Development and Manufacturing Organization (CDMO), today announced Regina Choi-Rivera as the new General Manager of the company’s large-scale biopharmaceutical mammalian production facility in Boulder. In this role, she assumes executive oversight and leadership and will manage strategic development and facility operations. “We’re incredibly excited that Ms. Choi-Rivera is joining AGC Biologics as the General Manager at our Boulder facility. She brings tremendous experience in both GMP manufacturing and project management,” said AGC Biologics Executive Vice President of U.S. Operations, J.D. Mowery. “Her breadth of knowledge and proven leadership give me great confidence that she is the right leader for our team, as well as our customers.” Ms. Choi-Rivera brings more than 25 years of experience in the biotech industry to this role and joins AGC Biologics after working for Samsun

Solidium’s CEO to change18.1.2022 14:01:05 CET | Press release

Solidium’s CEO, Antti Mäkinen, will leave his position as the CEO of Solidium on 31st May 2022. Mäkinen, 60, has acted as CEO of the company since year 2017. “The past five years have been rewarding and I have had the opportunity to work with an excellent team and great portfolio companies. Solidium has an established position and a strong track in growing shareholder value”, says Mäkinen. Antti Mäkinen has acted as a Board Member and Chairman of the Shareholders’ Nomination Committee in many of Solidium’s portfolio companies. He is still nominated this Spring in the Annual General Meetings i.a. as the Chairman of the Board in Stora Enso and a Member of the Board in Metso Outotec. The Chairman of the Board of Solidium, Harri Sailas, would like to thank Mäkinen for his work both in charge of Solidium and as Solidium’s representative in the portfolio companies. “In Antti Mäkinen’s steering, Solidiums position has stabilized and the company has been more active both as an owner and in mak

Solidiums verkställande direktör avgår18.1.2022 14:01:05 CET | Pressemelding

Solidiums verkställande direktör Antti Mäkinen lämnar sin post som VD den 31 maj 2022. Mäkinen, 60, har verkat i företagets ledning från och med år 2017. ”De senaste fem åren har varit givande och jag har fått arbeta med ett utmärkt team och fina portföljbolag. Solidium har en stabil position och bevisad förmåga att öka innehavens ägarvärde”, säger Mäkinen. Antti Mäkinen har verkat i flera av Solidiums portföljbolag som styrelsemedlem och som ordförande i aktieägarnas nomineringskommitté. Han är fortfarande nominerad i vårens bolagsstämmor bland annat som styrelseordförande i Stora Enso och styrelsemedlem i Metso Outotec. Solidiums styrelseordförande Harri Sailas tackar Mäkinen för arbetet både inom Solidiums ledning och som representant i Solidiums portföljbolag. ”Under ledning av Antti Mäkinen har Solidiums position etablerat sig och företaget har aktiverat sig både som ägare och vid att göra nya placeringar. Hans agerande har väckt uppskattning i alla företagets intressegrupper”, sä

RESULT OF RIKSBANK REVERSED AUCTIONS SEK MUNICIPAL BONDS18.1.2022 11:30:00 CET | Press release

AuctionAuction resultsAuction date2022-01-18Maturity2024Tendered volume, SEK mln750 +/- 750Offered volume, SEK mln1593Volume bought, SEK mln1500Number of bids19Number of accepted bids19 QuarterQuarter 1Quarter 2Quarter 3Quarter 4Offered volume, SEK mln720205600Volume bought, SEK mln627205600Number of bids4310Number of accepted bids4310Average DM-0.166-0.139-0.129-Lowest accepted DM-0.179-0.160-0.129-Highest DM-0.129-0.139-0.129-Accepted at lowest DM0.814100.00100.00- QuarterQuarter 1Quarter 2Quarter 3Quarter 4Offered volume, SEK mln4081001000Volume bought, SEK mln4081001000Number of bids7310Number of accepted bids7310Average DM-0.133-0.129-0.140-Lowest accepted DM-0.160-0.129-0.140-Highest DM-0.120-0.129-0.140-Accepted at lowest DM100.00100.00100.00-

Aspo subsidiary ESL Shipping continues fleet renewal in accordance with its strategy by selling the barge Espa18.1.2022 11:15:00 CET | Press release

Aspo Plc Press Release January 18, 2022, at 12.15 p.m. Aspo subsidiary ESL Shipping continues fleetrenewal in accordance with its strategy by selling the barge Espa Aspo’s ESL Shipping continues fleet renewal by selling its smallest, 9000 dwt towable barge Espa to Raduga Shipping and Trading OÜ. The transaction was concluded and Espa subsequently delivered to her new owner today 18th of January. A sales gain of approximately 1.4 million euros will be recorded in the profit of ESL Shipping’s first quarter. Espa was built in 1987 as the last vessel of the Vuosaari shipyard in Helsinki. She was designed and equipped for efficient transportation and lightering of energy coal cargoes to powerplants in Helsinki. In recent years she was mainly used for cement industry transport demand. She also spent one summer as a floating beach volley field in Helsinki. Peculiarities in Finnish shipping policy led to increasing cost of barge towing tugboats, as tugboat crew could not receive state support