LexxPluss Inc. Signed Capital and Business Alliance Agreement with Sanoh Industrial Co., Ltd.

Aiming to Establish a Joint Business for Factory Automation (FA) Using Autonomous Transport Solutions.

Kawasaki, Japan – LexxPluss Inc. (hereinafter “LexxPluss”), is pleased to announce that it has entered into a business partnership agreement with Sanoh Industrial Co., Ltd. (hereinafter “Sanoh”). In addition to the partnership, Sanoh has participated as an investor in LexxPluss’ Series A extension round.

• LexxPluss Secures ¥640 Million in Funding to Expand Development and Sales Operations through Strategic Capital and Business Alliances
  https://lexxpluss.com/press-release/640-million-in-funding-acquired/

■　Purpose

Sanoh’s core business is the manufacturing of automotive components such as brake pipes, while it also focuses on expanding new businesses, including production solutions and battery pack manufacturing. LexxPluss aims to accelerate manufacturing processes and automate logistics through the provision of autonomous transport solutions. This business partnership aims to support the expansion of Sanoh’s production solutions and battery pack businesses by leveraging LexxPluss’s expertise in autonomous transport solutions.

■　Details of Business Alliance

1. Automating and digitizing (DX) the transport processes at Sanoh’s production and logistics facilities.
2. Based on the results of 1 below, the realization of proposals and construction for Factory Automation (FA).
3. Creation of new businesses related to FA.
4. Adoption and integration of Sanoh’s battery packs in LexxPluss’s Autonomous Mobile Robots (AMRs).

■　About Sanoh Industrial Co., Ltd.

• Company Name: Sanoh Industrial Co., Ltd.
• Headquarters: 758 Konosu, Koga City, Ibaraki Prefecture, Japan
• Representatives: Yozo Takeda, Chairman of the Board
        Genya Takkeda, President
• Capital: ¥3.4 billion
• Listed: Tokyo Stock Exchange Prime Market
• Corporate Website: https://www.sanoh.com/ja/

■ About LexxPluss Inc.

LexxPluss Inc. is a startup with the mission of “accelerating the evolution towards autonomous industrial infrastructure.” The company is dedicated to solving challenges faced by Japan’s logistics and manufacturing industries, which are essential to the country’s infrastructure. Currently, LexxPluss develops, manufactures, and sells robotics and automation products that will form the next-generation industrial infrastructure, including the “Lexx500” autonomous mobile robot and the “LexxFleet” robot integration control system.

Company Name: LexxPluss Inc. CEO: Masaya Aso Headquarters: 18th Floor, Kawasaki Ekimae Tower Riverk, 12-1 Ekimae Honcho, Kawasaki-ku, Kawasaki City, Kanagawa Prefecture Number of Employees: 56 (as of the end of July 2024, including contract and temporary staff) Company Website: https://lexxpluss.com/ SNS: https://x.com/LexxPluss LinkedIn: https://www.linkedin.com/company/lexxpluss/

■　Recruitment Page

LexxPluss is seeking team members to help accelerate the evolution toward autonomous industrial infrastructure.

Recruitment Page: https://lexxpluss.com/careers/