DLL and Mobile Industrial Robots (MiR) launch MiR Finance

Mobile Industrial Robots, the first mover and market leader in autonomous mobile robots (AMRs), today launched its new mobile robot leasing program in cooperation with DLL, a global vendor finance company. The ‘Robot as a Service’ (RaaS) Leasing Program, lets companies of any size deploy mobile robot solutions with low (or no) upfront costs and low monthly payments. This lowers financial barriers for investing in AMRs and gives customers a near immediate return on investment (ROI).

“While sales of our mobile robots continues to thrive, many companies still prefer to lease their logistics equipment rather than make a capital investment upfront,” said Thomas Visti, CEO, MiR. “Leasing the robots becomes an operational expenditure instead, enabling our customers to quickly get started reaping the benefits AMRs offer as they automate monotonous, repetitive, and often injury-prone manual material transportation.”

With MiR Finance, customers get the chance to lease the “full package,” including the robots, integration and top modules for the robots. The monthly cost of the lease depends on the type of robot, the top module and the length of the leasing period, but a simple calculation shows that it costs $4.44 per hour (or $711 per month)^* to lease a MiR100 robot. Thereby, MiR Finance becomes an attractive way of investing in mobile robots and start optimizing internal logistics.

Flexible Terms, Maintenance Provided
MiR’s distributor network will be working with DLL to provide lease programs for the customer. The leasing terms are flexible, with 48 months being a popular option. MiR’s distributors will continue to be responsible of first-level support, service and maintenance. In this way, not much will change for the end-customers, that will now have one more option in terms of payment for their robots, while the usual benefits from MiR’s global reach and local support will continue.

“We are delighted to establish a global partnership with MiR”, comments Neal Garnett, President: Construction, Transportation & Industrial (CT&I) Global Business Unit at DLL. “The RaaS market is transforming the industry and is growing rapidly. MiR is a first mover in the field and is well known for its unique and innovative robots. MiR and DLL are sharing similar visions how the market will develop over the upcoming years. The global partnership allows MiR’s end-users to reduce the risk of deploying robotics by shifting from ownership to usage-based financing. We see this model as a key enabler for the current and ongoing growth in the market, as it brings this technology to buyers and markets that otherwise might not make investments in robotics.”