SIMPPLE Ltd., through its subsidiary SIMPPLE Australia Pty Ltd, announced a partnership agreement with New Zealand-based Mode Technology on November 8, 2024. This collaboration aims to distribute SIMPPLE Robotics and the flagship SIMPPLE Software platform across New Zealand, marking a significant geographical expansion for the company.
The partnership is projected to yield an additional US$1.1 million in revenue by the end of 2024. To date, US$125,000 has already been received from the sale of 10 cleaning robots under the SIMPPLE Robotics range, demonstrating immediate commercial traction in the new market.
Further bolstering its market entry, SIMPPLE Robotics won the Service and Technology Award at the CleanNZ Expo 2024 in Christchurch, New Zealand. This award recognizes innovative solutions in the cleaning and facility management sector, validating the quality and effectiveness of SIMPPLE's products in the eyes of industry professionals.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.