Berkshire Grey is merging with SoftBank Group Corp in a deal valued at 24% more than the stock price at the end of trading on March 24, 2023.
Commercial UAV update; Product leadership with Kishore Boyalakuntla
This week’s podcast reviews the latest developments in UAVs and a deep dive into product management with Kishore Boyalakuntla.
Berkshire Grey loses $29M in Q2 on $23.4M in revenue
Berkshire Grey saw $20 million in new orders in Q2 and currently has a backlog of $100 million in orders.
FedEx purchasing $200M of Berkshire Grey robots
FedEx continues to embrace automation to streamline operations and drive long-term efficiencies.
Swisslog joins Berkshire Grey’s Partner Alliance program
Swisslog offers AutoStore’s modular and flexible automated storage and retrieval system, among other robotic solutions.
Berkshire Grey partners with AHS to deliver warehouse automation
This partnership enables AHS to implement Berkshire Grey sortation and ASRS solutions for warehousing, logistics and 3PL clients.
Berkshire Grey begins trading on NASDAQ
Berkshire Grey began trading on the NASDAQ today after completing the integration with SPAC Revolution Acceleration Acquisition Corp.
FedEx expands use of robots to sort small packages
FedEx Ground deployed Berkshire Grey Robotic Product Sortation and Identification systems to sort thousands of small parcels daily at its facility in Queens, N.Y.
Berkshire Grey going public via SPAC
Berkshire Grey, a developer of integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics, is going public through a merger with special purpose acquisition company (SPAC) Revolution Acceleration Acquisition Corp (RAAC). The deal values the combined company at $2.7 billion. Berkshire Grey said it will have approximately $507 million in cash when…
Picking With Purpose uses Berkshire Grey robots to help feed families in need
As Thanksgiving approaches, Berkshire Grey has partnered with City Harvest and the Greater Boston Food Bank for the Picking With Purpose initiative, which uses robots to pack meals in the fight against hunger.
Robotic Induction Station from Berkshire Grey designed to accelerate e-commerce, apparel sortation
Berkshire Grey said its new Robotic Induction Station is intended to be quick and easy to deploy and can add capacity and efficiency for operations built around traditional sortation systems and processes.
Jessica Moran becomes Berkshire Grey general manager of 3PL
Jessica Moran, who has built teams, strategies, and operations for high-growth B2B technology companies, is senior vice president and general manager of 3PL at Berkshire Grey.
Robotics investments recap: January 2020
In January 2020, robotics companies working on mobile robots, drones, surgical systems, and autonomous harvesters did better than some food-service robotics companies in terms of funding.