Where Innovation Meets Imagination
Exotec, a warehouse robotics startup, has raised $335 million in Series D funding, and is now valued at $2 billion.
The Growth Equity business within Goldman Sachs Asset Management led the round with follow-on investments from 83North and Dell Technologies Capital.
Exotec says it will use the funds to continue to launch large-scale deployments in North America, Europe, and Asia for global brands. [Read more…] about Exotec raises $335 million in Series D funding for its warehouse robots
Berkshire Grey, a warehouse robotic solutions company, has introduced its “Reverse Logistics solution” to help retailers accelerate the resale of returned goods and improve labor utilization in the returns process.
Projections indicate that by the end of January, consumers will return approximately $120 billion of goods following the holiday season, creating a significant inventory and cost challenge for retail.
By implementing Berkshire Grey’s Reverse Logistics solution for returns processing, e-commerce providers and retailers can reduce the time to recirculate returned items back onto the shelf and optimize labor productivity, ultimately improving profitability. [Read more…] about Berkshire Grey launches ‘reverse logistics’ solution to deal with e-commerce goods returns
Ouster, a provider of high-resolution digital lidar sensors, has signed a strategic customer agreement with Vecna Robotics, a material handling automation company and autonomous mobile robot maker.
The agreement includes a non-binding forecast for approximately 3,000 OS digital lidar sensors through 2025 as Vecna Robotics scales production to meet increasing customer demand for warehouse and logistics automation.
Vecna Robotics plans to fuse Ouster lidar into its multi-sensor autonomy stack to equip self-driving pallet trucks, tow tractors, and lift trucks for high-capacity material handling operations. [Read more…] about Ouster and Vecna Robotics partner to accelerate material handling automation
Seoul Robotics, a robotics perception company, has introduced what it describes as a “Level 5 Control Tower” (LV5 CTRL TWR), a mesh network of sensors and computers on infrastructure that guides vehicles autonomously rather than having to place any sensors on an individual vehicle.
This “revolutionary technology” – which is said to enable non-autonomous vehicles to be controlled autonomously – is in the final stages of testing with automaker BMW and preparing for implementation to automate last-mile fleet logistics at their manufacturing facility in Munich.
Beyond original equipment manufacturers, the system has the potential to transform operations for a wide range of business applications ranging from vehicle distribution centers to car rental companies and trucking logistics. [Read more…] about BMW partners with Seoul Robotics to launch ‘Level 5’ control tower
Magazino has extended the robot fleet at one of Europe’s leading fashion platforms – Zalando. For the young robotics company, it is the largest delivery in the company’s history.
The existing fleet of eight robots at the Zalando logistics site in Lahr (Germany) will be expanded by 20 additional robots. Some of the additional robots will already support the picking of shoes ordered online during Cyber Week 2021.
The first ten additional robots were delivered by Magazino in September. These will support Zalando employees and the existing robot fleet in the upcoming Cyber Week at the end of November. [Read more…] about Magazino extends robot fleet at Zalando
A relatively new company called Hi Tech Robotic Systemz (THRSL) says India’s Union Minister Nitin Gadkari’s vision for Indian roads will make vehicles “accident-proof”.
In a recent meeting of the National Road Safety Council (NRSC), the minister advocated for fixed driving hours for commercial truck drivers like that of pilots, as well as a policy mandating on-board sleep detection sensors in commercial vehicles to reduce road accidents in India and give relief to truck drivers.
The logistics sector, which is a key enabler and the backbone of any growing economy, is primarily dependent on drivers who operate for long hours in tough working conditions. [Read more…] about Advanced technology adoption will make Indian roads ‘accident-proof’
GXO Logistics, which claims to be the world’s largest pure-play contract logistics provider, has launched an “industry-first” pilot of intelligent automation at its fashion e-commerce warehouse in Tilburg, the Netherlands.
GXO’s pilot of the Pick-it-Easy Robot station is tailored for one of its key global customers, in collaboration with value chain tech provider Knapp AG.
The pilot is the first application of Knapp’s Pick-it-Easy Robot technology for automated pocket induction in the sector for apparel logistics. [Read more…] about GXO pilots customised robotic arm for fashion e-commerce logistics
Evocargo will showcase its cutting-edge services in cargo transportation based on their own electric unmanned vehicle in the Vehicle Tech category at the Consumer Electronics Show 2022, being held in Las Vegas from January 5-8.
Established in 2019, Evocargo will exhibit its Smart Logistic service based on unmanned all-electric platforms. Evocargo’s EVO.1 vehicle (3.5 tons full weight) will be displayed, featuring a payload capacity of 1.5 tons, power reserve of 155 miles and operating time of 20 hours with 40-minute charging time.
Evocargo’s all-electric/hydrogen autonomous vehicles ensure its customers’ operations are always on time, optimized and precisely coordinated through all process cycles. [Read more…] about Evocargo to exhibit autonomous logistics vehicle technology at CES
Berkshire Grey has launched a range of Robotic Pick and Pack solutions for e-commerce fulfillment.
Berkshire Grey RPP solutions automate picking and packing of items directly from inventory totes to outbound customer shipping packages.
This solution improves operational efficiency for fulfillment centers, reduces shipping costs and lowers the environmental impact of eCommerce orders. [Read more…] about Berkshire Grey unveils robotic pick and pack solutions for e-commerce fulfillment
The Estonian-based technology company Cleveron‘s unmanned autonomous vehicle took on the city of Eindhoven, the Netherlands, to be part of a five-day pilot project carried out by logistics giant DPD Netherlands in partnership with Cleveron.
This marks the start of bringing autonomous delivery services to the public streets of the Netherlands, says Cleveron.
The rapid growth of e-commerce has changed the playing field for companies operating in the retail and logistics sector. [Read more…] about Cleveron takes first steps towards autonomous delivery in the Netherlands
