Yotron will build a parking lot in Canada for NIS 14 million

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, Which operates in the autonomous robotic car parks and warehouses industry, which is controlled by the Pimi Foundation, has signed an agreement to establish an autonomous car park in Canada. The total expected return for the company for the project amounts to about NIS 14 million (about $ 4.4 million over about two years), the project is expected to be completed towards the end of 2023.

This parking lot is the first parking lot the company will build in Canada, in addition to the 22 autonomous parking lots that the company has established and is establishing in North America, the company has been working for some time to prepare for entry into the Canadian market. Yutron’s autonomous parking systems are used daily by thousands of vehicles.

Yutron’s autonomous car park has other advantages, including: lower total cost; Expensive real estate savings; Eco-friendly – low electricity consumption, reducing pollutant emissions, quiet operation, and reducing the need to dig below the groundwater line; low maintenance costs and more.

Haim Shani, CEO of Yotron, said that “The company’s business focus in a number of metropolitan areas in the U.S. market continues to prove itself. At the same time, we are constantly working to locate additional selected areas in North America that will constitute target markets and growth engines for the future.”

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