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Stock impact report

Perceptron Announces Robot Guidance Orders for Electric Vehicle Production

PERCEPTRON (PRCP) 
Last perceptron earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.perceptron.com
Company Research Source: GlobeNewswire
PLYMOUTH, Mich., July 22, 2019 (GLOBE NEWSWIRE) -- Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced it has received two robot guidance orders involving battery packs from two different OEM partners. Rick Van Valkenburg, Vice President Global Sales and Marketing for Perceptron, commented, “The wide-sweeping revolution of electric vehicle production provides new challenges for our OEM partners and an opportunity for Perceptron to help solve those challenges. The need for large battery packs that are awkward, heavy and expensive, make their insertion into the vehicle a perfect application for Perceptron’s automated solution compared to a manual operation. These batteries are also the heart of an electric vehicle, so the accurate, robust, and flexible system that we provide is critical.” “Perceptron is well positioned for the future due to our ongoing investments in new product innovation a Show less Read more
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