Arcure, a French specialist in artificial intelligence applied to image processing in industry, announces the strengthening of its teams in the United States in order to accelerate its commercial conquest throughout North America.
Franck Gayraud, CEO of Arcure and Blaxtair Inc. declares:
”
We made the bold choice to establish ourselves in the United States in 2019. And we are now reaping the rewards with double-digit growth in the 1
er
half of 2022. With the arrival of new talent, we are now perfectly ready to conquer the entire North American territory. If the context, in particular linked to the exchange rate, is favourable, we rely above all on a solid and lasting demand for our products which brings obvious financial and extra-financial benefits for our customers. We are seeing this all over the world, including in Europe, where we are also getting stronger. This international presence is a real lever of differentiation because our customers and their needs know no borders.
“.
A STRONG PROXIMITY WITH CUSTOMERS AND PROSPECTS THROUGHOUT THE TERRITORY
In accordance with the development plan presented during the June 2022 fundraising, Arcure has structured and strengthened its sales teams in the United States. Launched in April 2019, the American subsidiary Blaxtair Inc. focused its activities on the Midwest (Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio and Wisconsin), a highly industrialized region, with three sales representatives. Now with five sales representatives, the subsidiary is now deployed throughout the United States in order to meet the demands of its customers who have a national presence and needs.
The sales team is also supplemented by two specialized technicians in charge of product installation as well as pre- and post-sales assistance. Arcure thus provides comprehensive service and support, a guarantee of customer satisfaction and loyalty.
LOCAL PARTNERS, DEVELOPMENT RELAYS
The sales teams are responsible for managing and expanding the network of distributors of Arcure detection systems. Already rich with about twenty partners, this network allows Arcure to deploy quickly on the North American territory. For example, Arcure relies on the partnership between MH Equipment and Blaxtair Inc to deploy its products on the entire North American fleet of one of the world leaders in agro-chemicals. Commissioning of what is the largest deployment for Arcure on the North American continent to date, began in September 2022, confirming the relevance of Arcure’s solutions and its internationalization strategy.
THE UNITED STATES: A POOL FOR SUSTAINABLE GROWTH
The American territory represents a strong development potential in the short and medium term for Arcure. As a reminder, at 1
er
half of 2022, the Company recorded revenue of more than €0.7 million, up 11.9% and representing 13.5% of total revenue. The Company is confident of the continuation of this solid momentum, and anticipates that the country will eventually become the leading contributor to its turnover.
More information on www.arcure-bourse.com
About Arcure Blaxtair
Founded in 2009, Arcure is a high-tech company specializing in artificial intelligence applied to image processing in the industrial world, which develops and markets solutions to enhance the autonomy and safety of industrial machines and robots.
In collaboration with CEA research teams, Arcure has notably developed Blaxtair®, a state-of-the-art intelligent pedestrian detection solution, improving safety around industrial vehicles in many contexts, and in particular in the most extreme environments. Already sold in 14,000 units in more than 50 countries, Blaxtair® is used by world industrial leaders and gradually adopted by machinery manufacturers.
Arcure has a head office in Paris, a subsidiary in the United States and sales offices in Germany, Spain and Asia.
Arcure, listed on the Euronext Growth market (ISIN: FR0013398997 – Ticker: ALCUR) recorded revenue of €10.4 million in 2021 (including 69% internationally), up 33%. In order to accelerate its development, the Company carried out, in 2022, a fundraising of 6 M€.
More information on www.blaxtair.com
contacts
|
INVESTOR RELATIONS NEWS finance & communication Margaux ROUILLARD [email protected] Such. 01 53 67 36 32 |
PRESS RELATIONS NEWS finance & communication Amaury DUGAST [email protected] Such. 01 53 67 36 74 |
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