Found in Robotics News & Content, with a score of 5.40
…including those they helped take public such as Aurora, AutoStore, Berkshire Gray, DiDi, DoorDash, JD Logistics, Uber, and WeWork. More transaction details The minimum cash of the transaction is fully covered by the $405 million of committed equity capital that Symbotic and SVFC have raised, reducing potential transaction uncertainty. Symbotic also expects to receive an additional $174 million in cash from Walmart by the end of December to be used for general corporate purposes as a result of Walmart gross exercising warrants it holds in the Company. At closing, assuming no SVFC public shareholders exercise their redemption rights, existing Symbotic…
Found in Robotics News & Content, with a score of 5.38
…mobile robots (AMRs) and goods-to-person systems like those from AutoStore, which NFI has also implemented, has put automation in reach. “The price has come down, the technologies are more reliable and more flexible,” Patterson says. “If the needs in one of our facilities change, I can redeploy an asset like an AMR and not get hurt by it.” Perhaps last, the market is demanding it. “Unless you’re constantly implementing new solutions, you risk becoming obsolete very quickly,” he notes. “We had to think about how to make our DCs showcases for our customers.” Today, he adds, “Innovation is critical to…
Found in Robotics News & Content, with a score of 5.12
…multiple deployments, and service-level agreements.” DHL has relationships with AutoStore, Boston Dynamics, Locus Robotics, and Vecna Robotics, among others. “The balance between existing, fixed infrastructure and flexible automation and ROI [return on investment] is based on the customer,” said Gary Allen, vice president of supply chain excellence at Ryder Supply Chain. “AMRs [autonomous mobile robots] need one and a half years, while an ASRS may take one to two years, depending on volume.” MMH's Bob Trebilcock moderated a session with Drew Bailey, vice president of design engineering at Geodis; Zac Boehm, vice president of innovative systems at Hy-Tek Intralogistics; and…
Found in Robotics News & Content, with a score of 5.11
…AGV, and Bastian Solutions really impressing us with its AutoStore, mobile robot, and conveyor setup. And on our own stand, our multi-brand fleet demo also drove lots of visitor questions. Were there any new trends that you observed this year? Andrews: I think that there is a recognition that a modern automated warehouse environment is likely to contain different robots from different manufacturers to execute different tasks. And I was able to get a sense of that by observing the numerous multi-vendor demos that were scattered around the show. I would expect that the trend of forming partnerships to deliver…
Found in Robotics News & Content, with a score of 5.02
…Below are few examples of companies in the index: AutoStore Holdings Ltd. – An automated storage and retrieval systems (ASRS) company C3 AI Inc. – An enterprise focused on AI software Rainbow Robotics Inc. – A developer of collaborative robots used in logistics, testing and inspection, machine tools, and services iRobot Corp. – A leading service robot developer South Korea already has the world's highest robot density, according to the International Federation of Robotics (IFR)—do you expect that leadership to continue? Sharma: In South Korea, the application of robots extends beyond basic manufacturing industries. The market for service-oriented robots is…
Found in Robotics News & Content, with a score of 5.02
…Execution System (WES) from Softeon Goods-to-Person Picking solutions from AutoStore, and Robotic Stretch Wrapping from Robopac Other automation technologies are under consideration in UPS’s innovation centers. Automation represents a marked shift for UPS, notes Bobby Clements, vice president of strategy and marketing for UPS Global Logistics and Distribution, especially in multi-client facilities dedicated to e-fulfillment. “We have used conventional automated technologies in the past,” says Clements. “The difference is that those were in dedicated facilities for clients willing to make a long-term commitment.” In its multi-client facilities, UPS, like other third-party logistics providers (3PLs), relied on conventional warehousing and fulfillment…
Found in Robotics News & Content, with a score of 4.63
…AS/RS with space to store approximately 500,000 cartons. An AutoStore goods-to-person picking system, currently being expanded to 12 decanting stations, with 224 robots and the capacity to store 116,300 bins serving 24 pick stations. A three-level garment-on-hanger storage and pick mezzanine. Automated palletizing and depalletizing. Automated packaging and bagging. Eriksson’s take on the facility: “We have a state-of-the-art facility and a supply chain organization that is well equipped, highly competent and prepared for the future.” Taking control In 1962, Frank Varner, a budding Norwegian retailer, opened his first store on Thorvald Meyersgate in Grünerløkka, Oslo. Named for the founder, the…
Found in Robotics News & Content, with a score of 4.52
…Swisslog’s CarryPick mobile robotic solution, Cyclone Carrier shuttle system, AutoStore and ItemPiQ single item robotic picking solution, which can be integrated with those goods-to-person systems. Swisslog’s second business unit focuses on consumer goods, particularly pallet handling in food and beverage applications with its Vectura pallet stacker cranes, PowerStore pallet shuttle systems, and ACPaQ mixed case palletizing robots. Although roughly 30% of the Swisslog Group’s revenue is generated by Swisslog Healthcare, Baur says that business has recently become a separate brand and entity. Christian Baur, CEO of Swisslog: “Swisslog’s growth can be attributed to a clearly defined strategy, which is to…
Found in Robotics News & Content, with a score of 4.41
…Solutions Group. SoftBank's $2.8 billion acquisition of 40% of AutoStore is the stuff of legends. Another axis of consolidation to consider is companies that possessed technology that couldn’t stand on its own but is cool. There are some really interesting components, like perception AI to predict traffic flows from camera data. That's abstract enough that very few end customers that know what to do with it. SVT is partnering with Ox on augmented reality picking. Integrating AMRs [autonomous mobile robots] with voice picking—there's so much upside from these types of human augmentation. We pride ourselves that we’re the “Switzerland of…
Found in Robotics News & Content, with a score of 4.29
…presence, such as Locus Robotics, Mobile Industrial Robots, and AutoStore. The trends toward heavy-duty mobile robots for palletizing, such as those from Zebra Technologies, and robots for reaching high storage, such as from Hai Robotics and Exotec, were also in evidence. “So much education still has to happen,” said Jennifer Samples, vice president at AMR provider ForwardX Robotics. “We have three levels of clients: people who know they need automation but don't know where to begin, others who have some automation, and those who are the most sophisticated and want the latest and greatest. All three can be in the…
Found in Robotics News & Content, with a score of 4.07
…from totes coming from a cube storage automation from AutoStore and place order items into outbound cartons. The overall solution picks, scans and places thousands of SKUs a day. Vision and AI are applied to let the robot know how to pick, but also for how to correctly place items to a destination like a shipping carton, a tote, or to induct into an autobagger, explains Vince Martinelli, head of marketing for RightHand. “Every time a robot picks, it has to place it somewhere,” said Martinelli. “Sometimes, it’s a simple placing over the middle of a larger container from a…
Found in Robotics News & Content, with a score of 3.99
…takes center stage Other growth areas for FORTNA include AutoStore projects, including one system with over 1 million bins; the use of AMRs to support garment-on-hanger fulfillment; and integrated robotic piece picking, McKeel said. However, he added, FORTNA always takes a “problem-first” approach in assessment, so what’s right for one client might not be the best for others. Some major AMR vendors at the show also stressed the importance of integration. For example, shortly before ProMat, Locus Robotics and Berkshire Grey announced a combined solution that integrates the Berkshire Grey Robotic Shuttle Put Wall (BG RSPWi) with Locus Origin and…