BOS' Intelligent Robotics Division Receives an Order for €615,000
March 11 2024 - 9:20AM
BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ:
BOSC) announced today that its Intelligent Robotics Division has
received a €615,000 order for a robotic production line from an
Israeli defense-industry customer. This order will be delivered in
March 2025.
Eyal Cohen, BOS' CEO, stated: "Our strategic growth plan for the
Intelligent Robotics division focuses on customers from the Israeli
defense market, which have a great potential for recurring orders.
It is the fourth order from the same customer since the beginning
of 2023. It is a decisive vote of confidence by one of the largest
defense manufacturers in Israel.
We have invested extensively in our Robotics division in recent
years, including in a significant restructuring of its operations
and business model. We have seen continued improvement in the
Intelligent Robotics division and expect it to be profitable in the
fourth quarter of 2023."
About BOS
BOS' technologies enhance inventory processes through three
business divisions:
- The Intelligent Robotics division automates industrial and
logistic inventory processes;
- The RFID division marks and tracks inventory; and
- The Supply Chain division manages inventory.
For additional information contact: Eyal Cohen, CEO
+972-542525925 | eyalc@boscom.com
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