This is the first transaction for the sale of this state-of-the-art system that enables non-stop production for the corrugated cardboard market through artificial vision
Icon Systems Updates on first sale of the advanced system it has developed, the Beam2C non stop designed for the corrugated cardboard market. The sale is to a huge global American company with many factories, mainly in the US.
The Beam2C non-stop system enables continuous cardboard feeding without the need to stop the machine for the purpose of loading paper surfaces using artificial vision, which significantly streamlines and improves the production output of relatively long series of corrugated cardboard packaging.
The expected consideration for the system is about $ 2.5 million, of which the company expects that an amount of about $ 2 million will be recognized as the company’s revenues as early as 2021. It should be noted that so far Hacon has sold Beam systems in the price range of $ 1.3 to $ 2.0 million and systems Euclid type in the price range of about $ 600,000 to $ 1.0 million, the system now sold is at a higher price level and has higher production capabilities and will allow more significant revenue from consumables and service contracts during the life of the machine.
Shlomo Nimrodi, CEO of Haikon Systems: “Today we are updating on a significant milestone as part of the company’s development and expansion of its activities. We have signed the first sale of our advanced Beam2C non-stop system which is being carried out for a huge American company with many manufacturing plants and accordingly we see potential for the purchase of additional systems from the customer. The system sold allows for non-stop production (non-stop) for the corrugated board market, thus significantly streamlining production output. This order was placed after a comprehensive series of tests on the part of the customer, including a test with existing customers of the company, and we see it as an expression of confidence in the advanced technology of the icon and its ability to create significant value for its customers.