HL Robotics, a subsidiary of HL Holdings, based in South Korea, has announced the acquisition of Stanley Robotics, the world’s first company to commercialize outdoor valet parking robots.
Set to finalize by the end of 2024, this deal positions HL Robotics to capture a share of the growing $6.7 billion market.
Stanley Robotics is renowned for its “Stan” robot, an autonomous valet parking solution already operational in airports like Lyon-Saint-Exupéry and expanding into North America.
With this acquisition, HL Robotics aims to drive global growth in autonomous parking solutions and expand its portfolio of robotic services. Stan’s cutting-edge technology, including real-time fleet management and automatic charging, is expected to revolutionize urban parking logistics. For more details, visit HL Holdings.