April 1 (SeeNews) - Denmark's Shape Robotics said on Friday it has signed a three-year distribution deal with Romanian IT&C retailer Altex.
The Farum-based robotics company will supply Altex with robots, printers, virtual reality glasses and educational software, it said in a press release.
"We have experienced a massive interest in our Smartlabs and now we are signing a huge agreement with Romania's largest IT and electronics retailer with an expected 8-figure value," Shape Robotics CEO André Fehrn said.
Shape Robotics already has a major agreement with several schools in Romania for the supply of the same types of products. In 2022 alone, the company will supply equipment to 100 SmartLabs in Romanian schools under a 60 million Danish crowns ($9 million/ 8 million euro) deal.
In November, the Danish company announced that it expects to deliver up to 1,175 SmartLabs in Romania under a project worth 420 million Danish crowns which has been included in the EU-funded Romanian Recovery and Resilience Plan.
In August 2021, Shape Robotics bought Romanian smart learning company StoryKids, its longtime partner in the country, for an undisclosed sum.
Shape Robotics has developed Fable, a modular robotic system that helps students to build and program their own robots, according to its website.
Altex employs over 4,000 in its Altex and Media Galaxy stores in Romania. It also operates two online stores.
(1 Danish crown = 0.1344 euro)
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