ARCURE: Arcure accelerates its globalization and opens an office in Barcelona, ​​to amplify its international footprint – 06/17/2024 at 6:30 p.m.

• With 84% of turnover generated internationally in 2023, in more than 50 countries, Arcure confirms its status as a high-growth international company, which addresses the main global economic zones.

• The office opened in Barcelona will support commercial capabilities to address a growing Spanish market, develop global digital marketing and open access to the Artificial Intelligence ecosystem in Spain.

• With locations in France, the United States, Germany and Spain and its network of 11 distributors, Arcure is in an ideal position to continue to conquer a rapidly growing global market.

Arcure, pioneer of embedded artificial intelligence for safety and productivity in industry, announces the opening of an office in Spain, in Barcelona.

This new international establishment will support commercial development in the Iberian region and deploy new global digital marketing and R&D capabilities. At the heart of one of Europe’s main economic centers, this office will strengthen operational capabilities across the European continent, one of the fastest growing markets for Blaxtair’s embedded AI solutions offering.

Franck Gayraud, CEO of Arcure, underlines: “

Since the creation of the company, we have pursued an aggressive international growth strategy, which has led us to strongly decentralize our organization. Today we have a vast network of sales representations on all continents, a subsidiary that I manage in the United States and a solid team in Germany. The 2023 financial year validates this global strategy: 84% of our turnover was generated internationally, a historic high. The development of this new team in Spain is a new lever: it will support our growth in the high-potential Iberian markets and will support our development on a European scale by enriching us with the Spanish ecosystem, particularly in terms of digital marketing and ‘Artificial intelligence. Our markets and customers are global. Our cutting-edge technology is universal. Arcure is today more than ever a leading company on an international scale

“.

An ever stronger internationalization to conquer the global market

The global industrial vehicle market today has nearly 2 million new vehicles produced per year (excluding China and India). Developed over 15 years, Arcure’s customer base is today largely internationalized and includes, for example, nearly 39 multinationals ranked among the 500 global companies. Blaxtair solutions are now deployed in more than 50 countries.

To support this rapid growth on a global scale, Arcure has developed a network of sales representations across the world and deployed dedicated teams in key areas. Created in 2019, the North American subsidiary is established in a market that generated 25% of turnover in 2023. In Europe, Arcure has been developing a sales office since 2019 in the Germany area, which is crucial for the industrial vehicle market, and today accentuates its presence in Spain.

A sign of this very strong internationalization, the Arcure group today has 13 different nationalities among its 70 employees.

This strategy resulted in 2023 in a largely internationalized annual turnover, with more than 84% of revenues generated outside France. The Europe and North America zones were growing. The Europe zone saw a doubling of revenues, spread over more countries, with very good results recorded in Spain, the United Kingdom, Italy and Luxembourg, the Austria-Germany zone also remaining well oriented. North America (25% of turnover) achieved growth of 22%. Activity in the Asia-Pacific region (4% of turnover) was up 40%.

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July 17, 2024

About Arcure

Created in 2009, Arcure is an international group specializing in artificial intelligence applied to image processing in the industrial world, which develops and markets solutions to strengthen the autonomy and safety of industrial machines and robots.

Arcure has notably developed Blaxtair®, a cutting-edge intelligent pedestrian detection solution, improving safety around industrial vehicles in many contexts, and particularly in the most extreme environments. Already sold in around 20,000 copies in more than 50 countries, Blaxtair® is used by world industrial leaders and gradually adopted by machine manufacturers.

Arcure has headquarters, R&D offices and operational units in France, a subsidiary in the United States and sales offices in Germany, Spain and Asia.

Arcure, is listed on the Euronext Growth market (ISIN: FR0013398997 – Ticker: ALCUR). The group recorded a turnover of €18.2 million for the 2023 financial year (84% of which was international), an increase of 40%.

More information on www.blaxtair.com

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