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Piaggio Fast Forward Announces New Headquarters in Massachusetts

Revolutionary gita to be Designed and Assembled in Boston

[Boston, MA, October 23, 2018] Piaggio Fast Forward (PFF), the creator of the revolutionary mobile carrying device gita, announced a new business expansion with Massachusetts and Boston economic development leaders. This new expansion includes a commitment to design and assemble gita® at the company's headquarters in Boston, with plans to trains two-year and four-year local workforce development students in robotics and engineering.

The announcement, which took place at Piaggio Fast Forward's new headquarters in Boston, was attended by Housing and Economic Development Secretary Jay Ash, Midori Morikawa, Deputy Director of Economic Development from the City of Boston, State Senator Sal DiDomenico, State Representative Dan Ryan, and other state and local economic development leaders.

"Massachusetts' dynamic businesses, world-class talent and an unparalleled array of educational options have cemented the state's place as a global leader in innovation," said Governor Charlie Baker. "I am pleased Piaggio Fast Forward will be expanding in the Commonwealth as the robotics sector continues to grow and thrive here in Massachusetts."

"The Baker-Polito administration has invested in the continued strength and vitality of our economy, including defining new frontiers in manufacturing and life sciences and supporting key sectors like AI and robotics," said Housing and Economic Development Secretary Jay Ash. "We are proud to be #1 in robotics and we are thrilled Piaggio Fast Forward is expanding in Massachusetts and that they are committed to developing our outstanding two-year and four-year college students for careers in the exciting field of robotics."

Piaggio Fast Forward's business expansion in partnership with state and local economic development agencies will provide the capacity to double the employees located in Charlestown while planning for a hands-on apprenticeship program that uses the state-of-the-art gita® robotics and engineering as the centerpiece of their training.

"On behalf of Mayor Martin J. Walsh, I am thrilled to welcome Piaggio Fast Forward to one of the largest growing, global cluster of robotics research and development here in the City of Boston," said Midori Morikawa, Director of Business Strategy, City of Boston. "Boston's deep talent pool and collaborative innovation community are the perfect location for PFF to grow gita, and we look forward to a strong partnership."

The first mobile carrier of its kind, gita® was developed at PFF, a subsidiary of the Piaggio Group: one of the world's leading manufacturers of scooters, motorcycles, and light trucks.

"Groundbreaking ventures like PFF," declared Michele Colaninno, the company chairman, "represent the cutting edge of the Piaggio Group's efforts to pioneer new vehicle types that will transform 21st century mobility. Boston provides the ideal setting for the transformation of advanced technologies into concrete solutions and products." The first of these new vehicles, gita®, is a "follow me" pedestrian carrier that transports up to up to 45 pounds while tracking behind its human operator both indoors and out. PFF expects gita® to be on sale to consumers in mid-2019.

"We are thrilled to join the City of Boston and the Commonwealth of Massachusetts in building the future of mobility here in Charlestown. The opportunity for collaboration in Massachusetts extends from sharing best practices with global technology experts to creating a unique workforce development opportunity for local students," said Jeffrey Schnapp, PFF's Chief Visionary Officer. "With their extraordinary leadership and innovative approach to implementing economic development programs, Piaggio Fast Forward is the perfect partner for both Boston and Massachusetts to develop and employ the future engineering and robotics workforce."

About Piaggio Fast Forward

Founded in 2015 by the Piaggio Group, Piaggio Fast Forward creates lightweight, intelligent mobility solutions for people and goods. Based in Boston, MA, the company is dedicated to helping people to move better, further, faster, and more enjoyably. PFF builds products that travel with people on the move. In the present era of machine intelligence and ubiquitous networks, PFF seeks to promote more vibrant cities filled with pedestrians, cyclists, and skaters whose mobility is enhanced by new varieties of smart vehicles. PFF's first product is gita®: a mobile-carrier that follows people on the go. Carrying up to 45 pounds, gita® encourages an active lifestyle for anyone who wants to move with efficiency and ease, from millennials and parents to seniors and disabled individuals. For more information, visit www.piaggiofastforward.com, or follow the company on Twitter, Facebook or Instagram.