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About the company
Symbotic Inc. is an automation technology company reimagining the supply chain with its end-to-end, artificial intelligence (AI) powered robotic and software platform. It develops, commercializes, and deploys end-to-end technology solutions that improve supply chain operations. It automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The Symbotic platform is based on an approach to connecting producers of goods to end users in a way that resolves the mismatches of quantity, timing and location that arise between the two, while reducing costs. It utilizes fully autonomous robots, collectively controlled by its AI-enabled system software, to achieve at scale, real world supply chain improvements. It serves various industries: retail grocery, food wholesale and others. It offers FreeMove 3D depth-sensing computer vision system for industrial work cells and all related intellectual property.
- Revenue in USD (TTM)1.86bn
- Net income in USD-5.39m
- Incorporated2022
- Employees1.30k
- LocationSymbotic Inc200 Research DriveWILMINGTON 01887United StatesUSA
- Phone+1 (978) 284-2800
- Fax+1 (302) 655-5049
- Websitehttps://www.symbotic.com/
Mergers & acquisitions
Acquired company | SYM:NMQ since announced | Transaction value |
---|---|---|
Veo Robotics Inc | -5.82% | 8.70m |