Found in News & Content, with a score of 64.17
Exotec SAS, which makes the Skypod scalable storage system and the Skypicker robot arm, yesterday announced that it has built its 3,000th robot. The Lille, France-based company said it expects to continue growing both its staff and prodcution volumes in 2022. “The production of this 3,000th robot is a huge milestone for us that rewards all the effort and commitment of our teams, and helps us keep pace with a demand that’s increased tenfold over just a few months,” stated…
Found in News & Content, with a score of 7.03
…it was planning to implement AMRs from Exotec to handle returns in some of its facilities. “There’s no question that this facility will determine our network of the future,” said Kuntz. CJ Logistics meets the integration challenge Integration among multiple robots, existing equipment and processes, and enterprise software might seem like an obvious need, but it's still a chore, noted Fortna's McKeel. Getting them to play nice with one another can be a major challenge, and too often, distribution center…
Found in News & Content, with a score of 16.03
…supply chain. Decathlon has also worked with Exotec on picking and PAL Robotics on inventory. E-commerce expectations heightened worldwide New customer expectations for e-commerce – higher volumes of orders and returns, same- and next-day delivery, and near-perfect accuracy – have brought new challenges for retailers and a need to address logistics bottlenecks, noted Geek+. Beijing-based Geek+ said it has already provided its autonomous mobile robots (AMRs) and artificial intelligence to help Decathlon deliver logistics services in Asia. Founded in 2015,…
Found in News & Content, with a score of 43.49
…busy scaling up to meet that demand. Exotec Solutions today announced $335 million in Series D funding, bringing its valuation to $2 billion. The Lille, France-based company said it plans to use the funding for large deployments worldwide and to hire 500 engineers by 2025 to accelerate development of its technology. The COVID-19 pandemic has led to inventory delays and port congestion, and industry analysts expect these challenges to increase in frequency and severity, noted Exotec, which has opened a…
Found in News & Content, with a score of 20.14
…has worked with suppliers including Caja Robotics, Exotec Solutions, Mobile Industrial Robots, and Waypoint Robotics (now part of Locus Robotics). Robot suppliers and integrators join forces with Hy-Tek Hy-Tek Holdings is a portfolio company of Dunes Point Capital LP (DPC). DPC is a family office and private investment firm, pursuing controlling investments in companies operating in the general industrial and business services sectors. DPC targets companies with enterprise values of up to $1 billion. Columbus, Ohio-based Hy-Tek said it serves…
Found in News & Content, with a score of 19.02
…High-speed and high-density storage are characteristic. The Exotec Skypod system from Exotec Solutions and systems integrator Advanced Handling Systems combines a shuttle storage system with mobile robots. The robots pick up items and deliver them to the storage system for putaway. The process reverses itself for picking and delivery to order fulfillment. Sure Sort from OPEX is a proprietary small-item sorting system that receives items from a conveyor delivery system. A robotic item sorter directs each item to a designated…
Found in News & Content, with a score of 56.14
…to implement the Skypod robotic system from Exotec Solutions SAS at its site in Nashville, Tenn. The companies said the automation will enable GEODIS to optimize its e-commerce fulfillment process for its direct-to-consumer customers. “eLogistics is an important strategic initiative for our company, and collaborating with our long-term partners at AHS in new technology with Exotec will be winning formula for our exciting new product,” said Eric Douglas, executive vice president of technology and engineering at GEODIS in Americas. “By…
Found in News & Content, with a score of 64.07
Exotec, a warehouse robotics solution provider, today announced a $90 million financing round, led by 83North – with participation from Dell Technologies Capital – and supported by historical investors, Iris Capital and Breega. This new funding will further fuel Exotec’s international development, especially their recently formed Atlanta and Tokyo teams and help them meet the growing demand for warehouse automation technology in the United States and Asia. Exotec has the ambition to become the leader in robotics solutions for logistics…
