Found in Robotics News & Content, with a score of 0.78
April 14, 2023
…Winchester is not quite the warehouse of the future, as there are fully automated facilities from the likes of JD.com, but it is a glimpse of the future. And it is taking place along one of the main arteries in the logistics heartbeat of America. About the author Brian Straight is the editor in chief of Supply Chain Management Review (a sibling site to Robotics 24/7). He has covered trucking, logistics, and the broader supply chain for more than 15 years. He lives in Connecticut with his wife and two children. Straight can be reached at [email protected], @TruckingTalk, on LinkedIn,…
Found in Robotics News & Content, with a score of 0.61
December 13, 2021
…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 equity holders are expected to…
Found in Robotics News & Content, with a score of 0.60
March 22, 2022
…the robotics ecosystem, including Amazon Web Services, Hyundai Robotics, JD.com, Komatsu, and Meituan. “We are extending the powerful Microsoft Azure platform to the intelligent edge,” said Roanne Sones, corporate vice president for Microsoft Azure Edge + Platforms. “Combining Azure’s advanced capabilities with performance and software development tools such as NVIDIA Jetson AGX Orin helps give developers a seamless experience to easily build, deploy, and operate production-ready AI applications.” Jahmy Hindman, chief technology officer at John Deere, noted: “With the global population expected to reach nearly 10 billion people by 2050, farmers have a steep challenge of feeding the world, and…
Found in Robotics News & Content, with a score of 0.36
December 02, 2019
…also being used by large retailers such as Amazon, JD and Walmart to pack and sort items for warehouse automation. Automated guided vehicles (AGV) are now being deployed in warehouses as autonomous forklifts, carts and pallet movers. Recent developments like Shopify acquiring 6 River Systems for $450m and Teradyne acquiring AutoGuide Mobile Robots & Mobile Industrial Robots (MiR) for $165m & $272M respectively are the outcomes behind this disruptive technology in the warehouses and logistics. Apart this, there have been some major M&A like KUKA (Midea Group) acquiring Swisslog, KION acquiring Dematic and Egemin, Toyota acquiring Vanderlande and Bastian Solutions,…
