Locus Has Acquired Waypoint Robotics

I have some exciting news. We've just expanded our product family with our acquisition of Waypoint Robotics.
So, what does this mean for you, your business, and the industry?

The acquisition of Waypoint Robotics will accelerate our product roadmap. We will be introducing product offerings that address our customers' urgent and growing needs worldwide including serving industries with use cases requiring robots to handle larger, heavier payloads.

Waypoint's innovative Vector and MAV3K are two powerful industrial-strength, flexible, mobile robot platforms designed for the warehouse and material handling industry. They feature omnidirectional mobility and are ideally suited to meet the challenging environments found in today's dynamic warehouses, factories, and manufacturing facilities. They can easily be fitted with a wide range of modules and attachments, making them highly versatile and easily scalable across various applications. One exciting feature is that they are interoperable with our award-winning LocusBot. We are also committed to similar interoperability and communication with other robotics systems and IoT devices to further expand use cases in facilities.

Our commitment to helping our customers achieve high productivity and a measurable ROI hasn't changed. As we expand our product line, we will continue to deliver the same performance and value that characterize the proven Locus solution to our customers.

Our newly combined engineering teams are already working to integrate the product family and ensure that the Locus fleet operating philosophy permeates our offerings. We will continue to offer our RaaS pricing model to deliver convenience, flexibility, value, and a rapid ROI.

The Waypoint acquisition is the beginning of an exciting new chapter for Locus and our industry. We will formally unveil our expanded product line early next year.

In the meantime, I encourage you to arrange a conversation with your account manager or sales rep to get more details about this exciting news and let us show you how we can help you.

Thanks for your interest in Locus.

Rick Faulk, CEO