Instock has taken an unusual approach to automated storage and retrieval systems with suspended mobile robots for retrieving totes.
Walmart makes multiyear agreement with Fox Robotics, takes a stake
Walmart has taken a stake in Fox Robotics after the successful rollout of 19 FoxBot autonomous forklifts at a Florida distribution center.
Amazon Industrial Fund leads Instock seed round for novel fulfillment robots
Instock, a developer of customer fulfillment robots, has brought in $3.2 million in an expanded seed funding round.
Movu Robotics partners with KPI to create customized warehouse systems
KPI Systems and Movu Robotics say the partnership will combine ASRS and goods-to-person systems with operational designs.
OPEX introduces Infinity ASRS at MODEX
Infinity joins OPEX’s two other robotic systems, Sure Sort, a sorting system, and Perfect Pick, a goods-to-person picking robot.
Celestica to manufacture Urbx Logistics’ ASRS
Urbx leverages Celestica’s experience to meet rising demand among retailers for faster, more efficient, cost-effective order fulfillment and delivery systems
Addverb Technologies brings in $132 million investment
Addverb will continue to operate independently, and the deal makes Reliance the largest shareholder in the company.
Exotec raises $335M to scale ASRS technology
Exotec, a French company founded in 2015, is now valued at $2 billion.
New AutoStore R5+ robot handles larger bins
The new taller profile robot enables the storage and retrieval of larger items within the AutoStore grid.
AutoStore loses ASRS patent fight against Ocado
A U.S. ITC judge also rejected AutoStore’s request to ban Ocado, and its partners, from making and selling the products involved and from importing them into the U.S.
Fabric raises $200M to develop ASRS for microfulfillment
Fabric will use the funding to expand its tech across the general merchandise market and build microfulfillment centers across the U.S.
AutoStore stock surges during Oslo Stock Exchange IPO
This morning’s IPO valued AutoStore at $12.4 billion. This is Norway’s biggest IPO since 2001.
Attabotics strengthens leadership with 2 hires
Cyra Richardson was named chief technology officer and chief product officer, while Julien Seret was named vice president of network supply chain.
stow Group acquires German startup Raiser Robotics
Raiser Robotics has developed and automated storage and retrieval system. Financial details of the acquisition were not disclosed.
FBI installs AutoStore records filing and retrieval system for 2B pages of documents
The General Services Administration has implemented the first robotic filing and retrieval warehouse for FBI records using AutoStore’s cube technology.