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HL Robotics, a subsidiary of HL Holdings, has signed an agreement to acquire Stanley Robotics, the world’s first company to commercialize outdoor valet parking robots. The acquisition aims to position HL Robotics as a leader in the global parking robot market and advance autonomous parking robot technology as a new growth engine for HL Group.
Key Highlights:
- HL Robotics to acquire Stanley Robotics, pioneering in outdoor valet parking robots
- Acquisition expected to finalize before year-end, pending regulatory approval
- Stanley Robotics’ flagship product “Stan”, an autonomous valet parking robot
- Global autonomous parking robot market projected to reach USD 6.7 billion by 2030
- HL Robotics plans global expansion, leveraging HL Group’s industry experience
“With the world’s first company that ‘commercialized outdoor valet parking robots,’ HL Robotics advances to take the lead in the global market,” announced HL Robotics in a recent press release.
HL Robotics, established on September 6 as a subsidiary of HL Holdings, has made a strategic move by signing an agreement to acquire Stanley Robotics. The acquisition is expected to be finalized before the end of the year, following approval from the relevant authorities. This swift action has garnered significant attention as HL Robotics positions itself to capture a market estimated at USD 6.7 billion.
Stanley Robotics specializes in the commercialization of automated parking robots. In 2018, the company successfully launched parking robots at Lyon-Saint-Exupéry Airport in France. More recently, Stanley Robotics signed a subscription agreement with a Canadian finished vehicle logistics supply chain company, initiating robotic automotive logistics compound management in September this year. This marks the first commercial model in North America that includes a comprehensive package with maintenance services.
There is high anticipation for additional orders, with potential customers including concentrated vehicle spots like railroad logistics companies and airports across North America and Europe. Stanley Robotics’ flagship product, “Stan”, is an autonomous valet parking robot that operates without time or space constraints, making it a key player in the commercialization of parking robots. The success of Stan has been facilitated by the Fleet Management System (FMS), which uses digital twin technology to monitor and remotely control the robots in real time from a central location. To address market concerns about potential “power-off” issues, Stan is equipped with an intelligent automatic charging function.
The market for autonomous parking robots is expanding rapidly. Experts predict that the global market, which has been experiencing double-digit annual growth rates, will reach USD 6.7 billion by 2030. Factors such as space shortages, population growth, and increasing urban density in major cities worldwide are driving this growth. HL Group has recognized these trends and is investing in the global autonomous parking robot business. The company plans to expand its business portfolio beyond parking robots to include a broader range of robotic solutions aimed at everyday consumers.
About HL Robotics
HL Robotics is a newly formed subsidiary of HL Holdings, aiming to lead the global parking robot market and advance autonomous parking robot technology as a new growth engine for HL Group. Backed by HL Group’s extensive global presence and deep industry experience, HL Robotics is driving forward the future of automation in the parking and logistics sectors.
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