Alta Material Handling Partners With Vecna Robotics For Autonomous Mobile Robots

Alta Material Handling (Alta MH), a business unit of Alta Equipment Group Inc ALTG, has partnered with the autonomous mobile robot (AMR) company Vecna Robotics to bring the capabilities of high-capacity AMRs to its customers. The terms of the partnership were not disclosed.
The new strategic alliance enables Alta MH to offer the only pallet-handling AMRs with obstacle avoidance, path planning, and independent pallet pick-up.
Alta MH and Vecna Robotics will support customer demand for automating the high frequency of pallet handling within distribution, warehousing and manufacturing centers across the U.S.
Alta MH will spec, sell and service Vecna Robotics' full range of pallet handling solutions, including self-driving forklifts, pallet trucks, and tuggers.
Price Action: ALTG closed at $12.45 on Monday.