A Game-Changing Deal With Amazon Puts Balyo Into The Spotlight

Regular readers will probably already know about my interest in robotics and automation, and I do believe it is a major emerging trend that is going to significant reshape how companies approach manufacturing and logistics. On the logistics side, I’ve spent quite a bit of time looking at automation companies like Intelligrated (now owned by Honeywell (HON)), Daifuku (6383.T), and Cognex (CGNX), as well as maybe less obvious companies like Datalogic (OTC:DLGCF), as I believe companies like Amazon (AMZN), Walmart (WMT), and FedEx (FDX) are highly motivated to find solutions that reduce labor costs, improve accuracy, and accelerate fulfillment.

That brings me to Balyo (OTCPK:BYYLF) [BALYO.PA] – a very small French company that will probably be all but unknown to many readers. This company is tiny (a market cap of only around $125 million), and the ADRs are not at all liquid, but the company’s recent multiyear partnership deal with Amazon is likely to significantly increase the visibility of this robotic intelligence company and accelerate its market penetration. I want to again underline that this company is small and that the U.S. ADRs are illiquid, but there is meaningful growth potential here in a segment (logistics automation) that has an unfortunate lack of direct investment options.

Read more here:
A Game-Changing Deal With Amazon Puts Balyo Into The Spotlight