Tennant Company and Brain Corp Sign Exclusive Technology Agreement To Accelerate Robotic Floor Cleaning Innovation and Adoption
22 Febrero 2024 - 7:45AM
Business Wire
- Tennant invests in Brain Corp to fuel the next generation of
AI-enabled robotic cleaning technologies, enhance customer Return
on Investment, and accelerate Autonomous Mobile Robotic (“AMR”)
revenue growth
- Expanded relationship creates a differentiated customer support
ecosystem led by Tennant sales and service and supported by Brain
Corp analytics and insights
Tennant Company (NYSE: TNC), a world leader in the design,
manufacturing, and marketing of solutions to reinvent how the world
cleans, and Brain Corp, a leading autonomous technology company
creating transformative solutions in robotics and artificial
intelligence (“AI”), jointly announce an exclusive technology
agreement to accelerate the development and adoption of the next
generation of robots in the floor-cleaning industry. This landmark
agreement builds on the historically successful partnership between
the two companies and seeks to accelerate innovation. Tennant and
Brain Corp bring complementary strengths to the relationship that
create an exceptional customer support ecosystem. Tennant has a
150-plus year history of building industry-leading cleaning
equipment and has expansive direct sales and service coverage.
Brain Corp offers industry-leading and AI-enabled AMR cleaning
technology, with more than 6,500 Tennant cleaning robots in the
field powered by Brain. We expect Tennant’s purpose-built robotic
equipment driven by Brain Corp’s next-generation and AI-enabled
autonomous navigation technology will improve the customer return
on investment and enable more customers to invest in robotic
cleaning.
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“Our customers have always relied on Tennant for equipment
innovation and aftermarket support to address key business
challenges such as labor shortages and cost pressures,” said
Tennant Company President and CEO Dave Huml. “Our partnership with
Brain Corp has already produced an industry-leading portfolio of
autonomous equipment in this fast-growing space. We are excited to
expand our existing partnership to dramatically accelerate the
transition to robotic cleaning and drive adoption in new segments
of our markets. By combining cleaning intelligence and automation,
we are poised to lead the disruption that AI-enabled robotic
technology will bring to our industry.”
In the second quarter of 2024, Tennant will launch the new X4
ROVR, the company’s first purpose-built Autonomous Mobile Robot
(AMR). The X4 ROVR offers greater maneuverability, is specifically
designed for operation in smaller spaces, and is driven by Brain
Corp’s next-generation navigation software and hardware suite which
will be available exclusively on Tennant machines for floorcare
applications. Its compact size, improved obstacle detection, and
enhanced mobility will result in fewer assists and deliver a
step-change improvement in customer ROI. The X4 ROVR is expected to
drive an increase in robotic cleaning adoption as it provides an
on-ramp to customers for whom robotic technology has previously
been out of reach. The X4 ROVR is the first of many planned future
AMR cleaning products powered by Brain Corp’s next-generation
technology that will be exclusively available on Tennant equipment.
With this agreement, the partnership seeks to accelerate the
build-out of a portfolio of robotic floor-cleaning solutions to
cover more cleaning applications and enhance customers’ return on
investment to drive adoption.
Tennant and Brain Corp bring complementary strengths to the
partnership that are positioned to drive an acceleration of robotic
cleaning adoption. Tennant has a 150-plus year history of building
exceptional cleaning equipment, a strong go-to-market strategy, and
a differentiated customer support ecosystem. Brain Corp offers
industry-leading and AI-enabled AMR cleaning technology, with more
than 6,500 Tennant cleaning robots in the field powered by
BrainOS®.
With this agreement and starting with the X4 ROVR, Tennant will
begin offering an all-in-one AMR solution, with the equipment and
autonomy services bundled as a single solution sold by Tennant.
This new approach will simplify the buying experience for customers
and result in Tennant benefiting from recurring revenue for
autonomy services moving forward.
“This partnership further aligns two companies driven by a
shared purpose: to elevate productivity and efficiency, and provide
essential support for janitorial teams facing understaffing and
overwhelming demand,” said Brain Corp CEO David Pinn. “At Brain
Corp, we envision a world where people’s lives are made safer,
easier, more productive, and more fulfilling with the help of
robots, and I believe this expanded partnership will supercharge
this into reality.”
“Innovation and customer focus are a significant part of
Tennant’s identity,” said Huml. “This partnership amplifies our
commitment to innovation as well as Brain Corp’s position as a
pioneer in AI and automation applied to cleaning equipment. We are
excited to unlock the full potential of next-generation robotic
floor cleaning solutions that deliver true business value to
customers who use our AMR equipment today and those who are waiting
eagerly for an AMR solution that they can leverage for their
businesses.”
With this agreement, Tennant invested $32 million in Brain Corp
and Fay West, Tennant Company Senior Vice President and Chief
Financial Officer, will join the Brain Corp board of directors.
About Tennant
Founded in 1870, Tennant Company (NYSE: TNC), headquartered in
Eden Prairie, Minnesota, is a world leader in the design,
manufacture and marketing of solutions that help create a cleaner,
safer and healthier world. Its innovative products include
equipment for maintaining surfaces in industrial, commercial and
outdoor environments; detergent-free and other sustainable cleaning
technologies; and cleaning tools and supplies. Tennant's global
field service network is the most extensive in the industry.
Tennant Company had sales of $1.24 billion in 2023 and has
approximately 4,457 employees. Tennant has manufacturing operations
throughout the world and sells products directly in 15 countries
and through distributors in more than 100 countries. For more
information, visit www.tennantco.com and www.ipcworldwide.com.
About Brain Corp
Brain Corp is the global leader in robotic AI software that
powers the largest fleet of autonomous mobile robots (AMRs)
operating in commercial public spaces. Global OEM partners use the
company's cloud-connected platform, BrainOS®, to create scalable,
self-driving robots that are used by end customers to clean floors
and sense environmental data - turning manual operations into
automated workflows. Fortune 500 brands across multiple verticals
benefit from the growing portfolio of BrainOS®-powered robots and
our industry-leading privacy, safety and efficiency tools that make
managing and scaling automation easier. Brain Corp currently powers
more than 30,000 AMRs, representing the largest fleet of its kind
in the world.
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version on businesswire.com: https://www.businesswire.com/news/home/20240222888342/en/
INVESTOR RELATIONS CONTACT: Lorenzo Bassi Tennant Company Vice
President, Finance and Investor Relations investors@tennantco.com
763-540-1242
MEDIA CONTACTS: Josh Stanbury Brain Corp Media Relations
josh@sjspr.co 416-628-7441
Jason Peterson Tennant Company Director, Corporate
Communications jason.peterson@tennantco.com 763-513-1849
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