supply chain

Robotics company AutoStore announced that SoftBank has acquired 40% of its company.  AutoStore currently has a global customer base with more than 600 installations and 20,000 robots across 35 countries. It delivers automated storage and retrieval systems, coupled with its proprietary software, to serve the increasing demands of today’s supply chains.

The evolution towards an autonomous supply chain has already begun, and this transformation coincides and is driven by members of Generation Z (Gen Z), that have just started to enter the workforce, according to research by Gartner.

When performing monotonous, mundane tasks, humans naturally become prone to errors, which could lead to delays and operational inefficiency, but robotic process automation (RPA) is here to change the way logistics companies do business, enhancing the accuracy of their processes.

Locus Robotics announces $150 million in funding. This makes the valuation of this provider of warehouse automation to $ 1 billion. Locus will use the new investment to further expand its global market and finance research and development (R&D).

Seegrid, vendor of autonomous mobile robots (AMRs) for material handling, today premiered a new autonomous lift truck, Palion Lift AMR, further expanding the capabilities of the company’s fleet of mobile robotics solutions.

Seegrid Corporation, provider of autonomous mobile robots (AMRs) for material handling, has doubled its revenue year-over-year for the second year in a row. Seegrid’s growth reflects increased demand from manufacturing, e-commerce, and logistics companies for automation solutions to address rising pressures on the supply chain, which were exacerbated by the COVID-19 pandemic and ever-evolving consumer demands.

Volansi, vendor of vertical take-off and landing (VTOL), middle-mile drone delivery services, has begun a commercial healthcare drone delivery project in North Carolina. In collaboration with Merck Volansi is piloting the delivery of cold chain medicines from Merck’s Wilson, N.C. manufacturing site to Vidant Healthplex-Wilson, a Vidant Health clinic, as the first of three phases in a project to learn about drone technology’s role and ability to improve access to healthcare.