Found in Robotics News & Content, with a score of 5.64
October 08, 2019
Tompkins International, a comprehensive supply chain consulting and solutions firm, has announced a strategic realignment that will enable the company to better serve its clients across all industries. Driven by market changes and growth, Tompkins International has evolved its organization into six business units based on its thought leadership about the future of supply chains and its competencies in strategy, commerce, logistics and technology: ● Supply Chain Consulting ● Material Handling Integration ● Robotics ● Applied Technologies ● Fulfillment Services ● Digital Commerce “The integration of these six business units enables us to solely focus on exceeding our customers’ expectations…
Found in Robotics News & Content, with a score of 5.62
August 02, 2018
inVia Robotics, the provider of the next generation of robotics warehouse automation solutions for e-commerce fulfillment centers, today announced $20 million in new funding. The Series B round was led by Point72 Ventures and included investments from Upfront Ventures and Embark Ventures. The funds will be used to boost the commercial deployment of inVia’s Picker robots and cloud-based Robotics-as-a-Service (RaaS) management system in warehouses as necessitated by the scaling e-commerce market. “To compete with behemoths like Amazon, warehouse automation is critical for e-commerce companies; but the overhead cost of purchasing a fleet of robots is often beyond reach,” said Lior…
Found in Robotics News & Content, with a score of 5.62
November 29, 2022
Locus Robotics Corp. today announced that it has obtained more than $117 million in Series F funding. The maker of autonomous mobile robots, or AMRs, for fulfillment and distribution centers has added investors to its board of directors as it continues its global expansion. “This new round of funding marks an important inflection point for Locus Robotics as we look toward our next stage of growth, and we strategically chose to bring in investors with a wealth of experience in both public and private markets to advise us as we continue our journey,” stated Rick Faulk, CEO of Locus Robotics.…
Found in Robotics News & Content, with a score of 5.60
September 11, 2023
The Otto Group today announced that it has signed a strategic agreement with Boston Dynamics Inc. to continue automating its logistics operations. The Hamburg, Germany-based e-commerce retailer plans to deploy Boston Dynamics' Spot robots in more than 10 facilities and Stretch robots in more than 20 facilities over the next two years. Otto Group said the deployment will support its efforts to improve safety, increase operational efficiency, and address labor shortages for specific types of warehouse work. Waltham, Mass.-based Boston Dynamics noted that the agreement marks the first time both of its commercially available robots will be deployed together at…
Found in Robotics News & Content, with a score of 5.60
February 01, 2022
It’s been dubbed “The Great Resignation.” Workers across the country are leaving their jobs in record numbers to pursue higher pay, better working conditions, and other career opportunities. A whopping 38 million workers called it quits by the end of 2021—some even leaving the workforce altogether due to concerns or constraints around COVID-19. Now it’s up to employers to address the labor shortages. Some industries are feeling the strain more than others, particularly those that faced hiring and retention challenges long before the current wave of “quits.” This includes the warehousing and distribution sector. Why the growing labor shortage? The…
Found in Robotics News & Content, with a score of 5.58
March 22, 2023
Locus Robotics has announced its new “data science-driven” warehouse automation platform, LocusONE. The Wilmington, Mass.-based company said LocusONE is designed to help customers operate and manage large quantities of multiple AMR form factors as a single, coordinated fleet in all sizes of warehouses. The company added that the new software product uses proprietary data science to support the full breadth of material movement needs found in today's fulfillment and distribution warehouses. LocusONE is available through the company's robots-as-a-service (RaaS) business model and can be easily added to the Locus Origin, Vector, and Max AMRs, the company said. It also can…
Found in Robotics News & Content, with a score of 5.56
April 19, 2022
Consolidation is continuing among supply chain automation providers, with MHS Global announcing yesterday that it is merging with Fortna Inc. to form a multi-billion-dollar multinational providing parcel, warehousing and distribution, and lifecycle services. The companies said the combination of MHS's automation and Fortna's operational optimization software will serve the end-to-end needs of logistics operations. “MHS has built its reputation over the past 20-plus years by being a reliable and committed partner while expanding our capabilities and taking a progressive, tech-forward stance to deliver new products and solutions,” stated Scott McReynolds, CEO of MHS. “Combining with Fortna will allow us to…
Found in Robotics News & Content, with a score of 5.53
January 12, 2021
Tompkins Robotics, a global leader in the robotic automation of distribution operations, today announced it has named Mike Futch as CEO. Futch, who has served as the company’s president since its inception in 2017, will retain that position and continue to lead the design and forward movement of Tompkins Robotics and its core system, the t-Sort autonomous mobile robot (AMR) solution. “Having been involved in t-Sort’s evolution since day one, I am excited to continue advancing this unique and innovative technology to help our clients solve their distribution and fulfillment challenges,” said Futch. “From new product and application development to…
Found in Robotics News & Content, with a score of 5.53
August 22, 2023
Locus Robotics Corp. today announced that its autonomous mobile robots, or AMRs, have now been involved in more than 2 billion picks, reinforcing its position as a leading robotics provider for warehousing and logistics. The company noted that this milestone came on Aug. 18, only 11 months after it reached an “industry-first” landmark of 1 billion picks. “Achieving the 2 billion picks milestone is an incredible accomplishment for our company and for our customers,” stated Rick Faulk, CEO of Locus Robotics. “This event is a testament to the dedication and innovation of our incredible team and the dramatic productivity improvements…
Found in Robotics News & Content, with a score of 5.49
May 08, 2024
CHICAGO – Global technology company Comau made a big splash during Automate 2024 in Chicago. The company’s theme during the show was “The Power of Automation” and its presence at McCormick Place during North America’s largest automation conference carried that weight. Comau released a new family of robots, including a specific nod to its red robot heritage during the show. Tim Culverhouse, Editorial Director of Robotics 24/7, had a chance to discuss these recent innovations with Comau CEO Pietro Gorlier at Automate. Follow their discussion with the audio transcription below and get a tour of the Comau booth during Automate…
Found in Robotics News & Content, with a score of 5.49
March 25, 2022
Kindred Inc. this week announced it will bring to market an AI-powered robotic system designed to automate the small parcel induction process. Built on Kindred’s proprietary CORE/AutoGrasp artificial intelligence platform, the INDUCT robotic system is a high-speed workcell that identifies items and determines how to handle them, a process known as induction. The San Francisco-based company said the system accurately picks, maneuvers, and places items onto a moving belt, bomb bay, or tilt sorter. The platform combines AI-powered machine vision, grasping, and manipulation algorithms to handle parcels of varying size, fragility, and materials. INDUCT system to help address shortages The…
Found in Robotics News & Content, with a score of 5.47
June 30, 2023
Exotec has opened the Tokyo Demo Center, a dedicated urban showroom in Shin-Kiba, Koto-ku, Tokyo, to permanently display the company’s robotic solutions. The facility will feature all of the standard elements of the Skypod System including the Skypod robots, modular storage racks, and picking stations. In addition to the standard modules, Exotec will also exhibit the Skypicker, the company’s robotic arm that picks goods carried by Skypod robots and places them into fulfillment containers. The demo center will include a 360° “Immersive Space” and a “Service Center Area” to reproduce a typical warehouse environment where the system would be installed,…
