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Locus Robotics introduces new autonomous mobile robots

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Locus Robotics, a manufacturer of autonomous mobile robots for fulfillment warehouses, has expanded range of warehouse AMRs with the introduction of Locus Vector and Locus Max.

These new form factors join the Locus Origin robot to form a comprehensive family of AMRs for a broad range of warehouse use cases.

The new line addresses use cases from e-commerce, case-picking, and pallet-picking to scenarios requiring larger, heavier payloads to support the full range of product movement needs in today’s fulfillment and distribution warehouses. [Read more…] about Locus Robotics introduces new autonomous mobile robots

Locus Robotics opens European headquarters in Amsterdam

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Locus Robotics, a maker of autonomous mobile robots for fulfillment warehouses and distribution centers, is opening its European headquarters in Amsterdam.

The new facility will support Locus’s existing EU and UK customer base and develop new opportunities within the fast-growing European warehouse fulfillment and distribution segments.

Rick Faulk, CEO of Locus Robotics, says: “Our decision to expand our presence in the European market was a logical step in our business growth strategy.

“Choosing Amsterdam gives us a central location that is ideal for serving our customer base, as well as giving us access to a vibrant and diverse talent pool to recruit from.” [Read more…] about Locus Robotics opens European headquarters in Amsterdam

Locus Robotics acquires Waypoint Robotics

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Locus Robotics, a provider of autonomous mobile robots for fulfillment warehouses, has acquired Waypoint Robotics, a builder of omnidirectional mobile robots. Financial details were not disclosed.

Rick Faulk, CEO of Locus Robotics, says: “Locus is the proven leader in the development of highly productive and innovative AMR technology that efficiently solves our customers’ needs for total warehouse optimization.

“As order fulfillment and labor shortages continue to grow around the world, the acquisition of Waypoint Robotics will accelerate our ability to meet these global needs in just months rather than years, helping us drive the digital transformation of the warehouse.” [Read more…] about Locus Robotics acquires Waypoint Robotics

Locus Robotics secures $50 million in additional funding 
to accelerate global expansion

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Locus Robotics, a provider of autonomous mobile robots for fulfillment warehouses, has secured $50 million in additional funding from existing investor Tiger Global Management.

The funds will be used to facilitate continued growth and expansion into new markets around the globe, and more effectively meet the needs of its growing customer and partner ecosystem.

Rick Faulk, CEO of Locus Robotics, says: “At a time of increasing volumes and ongoing labor shortages, this new round of funding underscores how critical flexible, scalable, intelligent robotics automation has become to the warehouse and the supply chain. [Read more…] about Locus Robotics secures $50 million in additional funding 
to accelerate global expansion

Locus Robotics reaches half-a-billion units picked milestone

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Locus Robotics, a provider of autonomous mobile robots for warehouses, says it has surpassed the half-a-billion-units-picked milestone. This new achievement was attained just 94 days after Locus reached their 400 million level.

Rick Faulk, CEO, Locus Robotics, says: “Reaching our half-billion pick milestone this quickly underscores the critical business value that Locus’s proven technology brings to our customers around the world as they face exploding order volumes and limited labor availability.

“As ecommerce volumes increase, the pace of picking with LocusBots is also increasing exponentially. Locus’s first 100-million milestone took 1,542 days while the most recent 100 million picks took just 94 days. [Read more…] about Locus Robotics reaches half-a-billion units picked milestone

DHL to acquire 2,000 robots from Locus Robotics

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DHL Supply Chain, part of the Deutsche Post DHL Group, has signed a framework agreement expanding its collaboration with Locus Robotics.

Initial investments in assisted picking robots have proven effective in commercially scaled operations, and this multi-million dollar agreement will enhance DHL’s wider Accelerated Digitalization Strategy.

By 2022, the supply chain specialist plans to take on up to 2,000 robots, then being by far the largest customer of Locus Robotics worldwide. [Read more…] about DHL to acquire 2,000 robots from Locus Robotics

Locus Robotics raises $150 million in latest funding round, bringing its valuation to ‘$1 billion’

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Locus Robotics, a manufacturer of autonomous mobile robots for fulfillment warehouses, has raised $150 million in Series E funding, led by Tiger Global Management and BOND.

The round builds on support from existing investors including Scale Venture Partners and Prologis Ventures, the venture capital arm of Prologis, the global leader in logistics real estate. It also brings the valuation of Locus Robotics to $1 billion, according to the company.

Rick Faulk, CEO of Locus Robotics, says: “This new round of funding marks an important inflection point for Locus Robotics. [Read more…] about Locus Robotics raises $150 million in latest funding round, bringing its valuation to ‘$1 billion’

Locus Robotics reaches picking milestone of 250 million units in warehouses

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Locus Robotics, a provider of autonomous mobile robots for fulfillment warehouses, says that it has now passed the 250 million units picked volume level heading into the 2020 holiday peak season.

Locus robots now pick more than 10,000 units every 15 minutes, a 263 percent increase in units picked compared with the same period last year.

Locus’s 250 million pick milestone reflects the rapidly growing volumes at customer sites throughout this pandemic-impacted year, with some customers’ daily orders often reaching Black Friday levels. [Read more…] about Locus Robotics reaches picking milestone of 250 million units in warehouses

Locus Robotics raises $40 million in new Investment to bring total to $105 million

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Locus Robotics, a manufacturer of autonomous mobile robots for fulfillment warehouses, has raised more than $40 million in new investment.

The Series D funding was led by Zebra Ventures, the strategic investment arm of Zebra Technologies. Existing investors, including Scale Venture Partners, also participated in the round.

The new funding brings Locus Robotics’ total funding to more than $105 million. [Read more…] about Locus Robotics raises $40 million in new Investment to bring total to $105 million

UPS unveils new smart warehouse system which integrates AMRs from Locus Robotics

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UPS Supply Chain Solutions has unveiled new warehouse network technology designed to make distribution centers “smarter and more efficient”, and uses autonomous mobile robots from Locus Robotics.

UPS says the new Warehouse Execution System (WES) will enable faster order intake and fulfillment to ensure that customers, especially those with fluctuating order patterns, receive their products on time.

UPS and supply chain solutions provider Softeon created the WES to allow UPS to define specific customer requirements to ensure highest priority orders are worked first without manual intervention, resulting in “more than 50 percent productivity gains for some customers”. [Read more…] about UPS unveils new smart warehouse system which integrates AMRs from Locus Robotics

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