Locus Robotics today acquired Waypoint Robotics. This is going to be a great combination of compatible technologies, market focus and skillset/personalities. Here’s why.
Locus Robotics has built a reputation as one of the leaders in the warehouse automation space. The company has raised $305M since its founding in 2014. The company is one of the first AMR unicorns with a valuation over $1B.
The market for pharmaceuticals and biopharmaceuticals is
robust and growing and that’s
driving demand for logistics support for
these products.
Körber and long-time strategic partner Locus Robotics, a provider of warehouse robotics, together are enabling sports and outdoor lifestyle retailer evo to dramatically improve ecommerce order fulfillment and productivity by deploying Locus’s autonomous mobile robot (AMR) solution alongside Kӧrber’s warehouse management system (WMS).
Humans have large, agile brains, but are subject to the limits of the human body, including fatigue. Robots are tireless, but have limited decision-making abilities. Combining the best of their respective skills in intelligent ways creates opportunities for efficiency in warehouse and distribution center operations, and improves working conditions across the board.
STORD’s new, 386,000-square-foot, state-of-the-art fulfillment and innovation hub in Atlanta will feature Locus Robotics automation from the outset, helping benefit STORD clients that are increasingly trying to manage inventory flow in an e-commerce world.
The CMO of Locus Robotics might be based in Boston, but her home office tells a different story. That’s because traveling is one of the perks of working at the global company, which sells autonomous mobile robots for optimal warehouse operations.
Growing numbers of self-driving machines are shuttling clothing and sports equipment down warehouse aisles, pulling bins of groceries, cosmetics and industrial parts from high stacks and handing off goods to human workers to help deliver orders faster.
Locus Robotics, maker of fulfillment-warehouse robots, was already growing fast thanks to the rise of e-commerce. Then Covid hit, speeding its revenue enough to make it the number one company on this year’s Fast 50 list.
Adam Sandow spent the past few decades building a portfolio of publications, including Interior Design, Luxe and Metropolis. From that business, he got an idea for a marketplace for architectural, design and construction materials that could bring technology, search and ease to the old-school way of dealing with samples.
Warehouse is the official magazine of UKWA. It is produced 6 times per year and is mailed out to named individuals – members and other industry professionals – who have signed up to receive every issue. The magazine is distributed at all major industry events attended by UKWA and is also available as an e-zine on our website, significantly extending readership.