Xsquare Technologies and Alkhorayef Commercial Company sign MoU

News Story
- 5 Jun 2025 ( #1233 ) - Singapore, Singapore
1 min read
Fahad AlJaddan, CEO of ACC (left) and Jens Bohnwagner, CEO of Xsquare Technologies
Fahad AlJaddan, CEO of ACC (left) and Jens Bohnwagner, CEO of Xsquare Technologies

Xsquare Technologies, a Singapore-based supplier of autonomous forklifts and intelligent warehouse orchestrator software, has signed a Memorandum of Understanding (MoU) with Alkhorayef Commercial Company (ACC), an integrated commercial and industrial solutions provider based in the Kingdom of Saudi Arabia.

According to Xsquare, the purpose of the MoU is to establish a strategic framework for collaboration between the two companies and accelerate the adoption of intelligent warehouse automation and transforming intralogistics operations across Saudi Arabia.

The agreement will see Xsquare and ACC working together on joint market outreach and the deployment of customisable end-to-end automation solutions across key logistics and industrial hubs. 

It will also include the development of pilot projects and demonstrations to showcase the operational efficiencies and economic benefits of autonomous mobile robots (AMR) to logistics operations

"This partnership marks a significant step forward in our journey to shape the future of logistics in Saudi Arabia,” says Fahad AlJaddan, CEO of ACC. 

“By working with Xsquare Technologies, we are bringing cutting edge automation into our ecosystem and empowering our customers with solutions that are efficient, intelligent, and built for scale.”

As part of its commitments, ACC will leverage its strong local presence and logistics expertise to support the deployment of Xsquare’s automation technologies. 

"Partnering with ACC will allow us to bring our proven automation technologies into a rapidly evolving market with immense potential,” says Jens Bohnwagner, CEO of Xsquare Technologies.

“We see this collaboration as a powerful platform to demonstrate both the impact and adaptability of our warehouse automation solutions to the specific demands of Saudi Arabia and the region.”

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