Robotics & Automation News

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XPO Logistics pilots autonomous forklift truck technology in partnership with Balyo and Linde

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XPO Logistics, a global provider of transport and logistics solutions, has embarked on a new autonomous forklift truck technology pilot program in collaboration with Balyo, a specialist developer of robotics for goods handling equipment.

XPO is the first logistics company in Europe to test Balyo’s latest robotic “reach truck” – referring to its higher reach – under real-life conditions. The pilot is underway at an XPO distribution center near Blois, France.

Malcolm Wilson, XPO’s chief executive officer – Europe, says: “We’re pleased that our on-site tests will help optimize intelligent reach trucks for the logistics environment. As we pilot the robotics in our operations, we’re also exploring these applications to increase efficiency for customers and to support our employees.” [Read more…] about XPO Logistics pilots autonomous forklift truck technology in partnership with Balyo and Linde

Berkshire Grey valued at $2.7 billion after merger with Revolution Acceleration

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Berkshire Grey, a developer of integrated artificial intelligence and robotic solutions for e-commerce, retail replenishment, and logistics, has entered into a definitive agreement with Revolution Acceleration Acquisition, a special purpose acquisition company, to create a leading publicly listed robotics and automation solutions company with a post-transaction equity value of up to $2.7 billion.

Founded in 2013 by the current chief executive officer, Tom Wagner, PhD, the former chief technology officer at iRobot, BG is a pure-play robotics company offering fully integrated, AI-based software and hardware solutions to automate business operations in warehouses and logistics fulfillment centers.

The company’s solutions help retailers and logistics companies meet the exponential growth of e-commerce and ever-increasing consumer demands. BG’s management, engineering, and commercial teams each have extensive robotics expertise and deep industry experience. [Read more…] about Berkshire Grey valued at $2.7 billion after merger with Revolution Acceleration

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