SIMPPLE Ltd. Wins $400,000 Contract to Supply Autonomous Cleaning Robots at Singapore’s International Airport Terminal
SIMPPLE (SPPL) has secured a $400,000 contract to provide autonomous cleaning robots for a Singapore international airport terminal. As one of two incumbent robotic suppliers for the past five years, this contract reinforces SIMPPLE's position in the aviation sector. Additional tender results for remaining airport terminals are pending, with potential aggregate contracts valued at $1.8 million.
SIMPPLE (SPPL) ha ottenuto un contratto del valore di 400.000 dollari per fornire robot autonomi per la pulizia per un terminal dell'aeroporto internazionale di Singapore. In quanto uno dei due fornitori di robot attivi negli ultimi cinque anni, questo contratto rafforza la posizione di SIMPPLE nel settore dell'aviazione. Sono in attesa i risultati di ulteriori gare per i terminali aeroportuali rimanenti, con contratti aggregati potenziali del valore di 1,8 milioni di dollari.
SIMPPLE (SPPL) ha conseguido un contrato de 400,000 dólares para proporcionar robots de limpieza autónomos en una terminal del aeropuerto internacional de Singapur. Como uno de los dos proveedores de robots incumbentes durante los últimos cinco años, este contrato refuerza la posición de SIMPPLE en el sector de la aviación. Los resultados de las licitaciones adicionales para los terminales de aeropuerto restantes están pendientes, con contratos potenciales agregados valorados en 1.8 millones de dólares.
SIMPPLE (SPPL)은 싱가포르 국제 공항 터미널에 자율 청소 로봇을 제공하기 위해 40만 달러 계약을 체결했습니다. 지난 5년 간 두 개의 기존 로봇 공급업체 중 하나로서, 이번 계약은 항공 산업에서 SIMPPLE의 입지를 강화합니다. 나머지 공항 터미널에 대한 추가 입찰 결과는 대기 중이며, 잠재적인 총 계약 규모는 180만 달러에 달할 것으로 예상됩니다.
SIMPPLE (SPPL) a obtenu un contrat de 400 000 dollars pour fournir des robots de nettoyage autonomes pour un terminal d'un aéroport international à Singapour. En tant que l'un des deux fournisseurs de robots en place depuis cinq ans, ce contrat renforce la position de SIMPPLE dans le secteur aéronautique. Les résultats des autres appels d'offres pour les terminaux d'aéroport restants sont en attente, avec des contrats agrégés potentiels d'une valeur de 1,8 million de dollars.
SIMPPLE (SPPL) hat einen Vertrag im Wert von 400.000 Dollar zur Bereitstellung autonomer Reinigungsroboter für ein internationales Flughafenterminal in Singapur gesichert. Als einer von zwei bestehenden Roboteranbietern in den letzten fünf Jahren stärkt dieser Vertrag die Position von SIMPPLE im Luftfahrtsektor. Weitere Ausschreibungsergebnisse für die verbleibenden Flughafen-Tterminals stehen noch aus, mit potenziellen Gesamtverträgen im Wert von 1,8 Millionen Dollar.
- Secured new $400,000 contract for autonomous cleaning robots
- Maintained position as incumbent supplier for 5 years
- Potential additional contracts worth $1.8 million pending for remaining terminals
- Contract value relatively modest at $400,000
- Faces competition as one of two suppliers rather than exclusive provider
Insights
The
The company's status as one of only two incumbent suppliers for the past five years demonstrates strong competitive positioning in a high-barrier market. Airport contracts typically provide stable, recurring revenue streams and serve as valuable reference customers for expanding into other transportation hubs and commercial facilities.
This contract win highlights SIMPPLE's strong positioning in the growing autonomous cleaning robotics market. Singapore's airports are known for setting global benchmarks in automation and efficiency, making this a prestigious reference implementation. The five-year track record as an incumbent supplier indicates reliable technology performance in a demanding 24/7 operational environment.
The potential for additional terminal contracts suggests a broader airport-wide standardization strategy, which could lead to operational efficiencies and enhanced service integration. This deployment model could be replicated across other major aviation hubs globally, presenting significant scaling opportunities.
Singapore, Nov. 15, 2024 (GLOBE NEWSWIRE) -- SIMPPLE Ltd. (Nasdaq: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management (FM) sector, today announced that the Company has been awarded a
This robot tender success comes as part of the airport’s renewal program and complements the existing fleet of autonomous cleaning robots across its airport terminals, where the Company has been one of two incumbent robotic suppliers for the past five years.
The results of the ongoing tender exercise for the remaining airport terminals will be announced in the near future, with an expected aggregate contract value of
"SIMPPLE is honoured to partner Singapore’s airport team on this exciting and transformative journey,” said Norman Schroeder, chief executive of SIMPPLE Ltd. “We combine decades of experience in the aviation sector as well as autonomous robotic operations and will continue to support forward-looking asset owners to enable smart facility management. This contract win is a testament to the team’s capabilities and, going forward, have positioned ourselves as proven experts to deliver more SIMPPLE Robotics to other terminals.”
Beyond being one of the largest airports in Asia with more than 1,300 hectares of land coverage, the Singapore international airport has also won the best airport award globally for multiple years. With an annual passenger movement of approximately 60 million, the Singapore airport had announced plans to expand and provide for future capacity, as well as position itself as a world-class air hub equipped with advanced fit-for-purpose technologies.
About SIMPPLE LTD.
Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things ("IoT") devices.
For more information on SIMPPLE, please visit: https://www.simpple.ai
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SIMPPLE LTD.
Investor Relations Department
Email: ir@simpple.ai
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