Yotron will build an autonomous parking lot in Colorado for NIS 11.5 million

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New project for Yutron: The Israeli company that develops and manufactures autonomous parking lots has signed an agreement to establish an autonomous parking lot in the city of Denver in the US state of Colorado, for $ 3.3 million – about NIS 11.5 million.

Read more in Calcalist:

The construction of the parking lot is scheduled to be completed during 2021. The current order joins the company’s backlog of orders, which amounted to NIS 220 million at the end of the first quarter of the year.

Yotron’s autonomous car parks allow for a parking process, removal of the vehicle from the car park and payment through an app, without physical contact or exposure to the car park employees or other users.

Yotron Autonomous Parking

To date, Yotron, which is controlled by the Yishai Davidi Pimi Foundation, has completed seven autonomous parking lots in North America and another 12 are in various stages of construction, including the new project in Colorado. According to the company’s announcement, Yutron’s autonomous parking systems are used by thousands of vehicles every day and are considered world market leaders in reliability and output.

Yotron CEO Haim Shani noted that the new agreement allows Yotron to expand its operations to additional metropolitan areas in the United States. Today, the company operates primarily in the New York and New Jersey, Los Angeles, Boston, Houston and San Francisco area.



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https://www.calcalist.co.il/markets/articles/0,7340,L-3841811,00.html

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