HL Robotics has announced to acquire Stanley Robotics, a company commercializing outdoor autonomous valet parking robots. The acquisition, which is expected to be completed by the end of 2024 pending regulatory approval, aligns with HL Robotics’ strategy to strengthen its position in the global market for autonomous parking solutions, a sector projected to reach a value of USD 6.7 billion by 2030.
Stanley Robotics has developed autonomous parking robot, “Stan,” which was first introduced at Lyon-Saint-Exupéry Airport in France in 2018. More recently, the company expanded into the North American market with the launch of a robotic logistics management system for a Canadian vehicle logistics company.
Stan operates through a Fleet Management System (FMS) that leverages digital twin technology, allowing for real-time monitoring and remote control. The robot also features an intelligent automatic charging function, addressing concerns about potential power outages during operations.
The acquisition is part of HL Robotics’ broader goal to drive the development of autonomous parking robot technology and to expand its robotic solutions portfolio beyond parking. This move is seen as part of HL Group’s overall strategy to capitalize on the increasing demand for automated parking systems in response to urban density, population growth, and space constraints in major cities globally.
