Symbotic's Q1 results and forward guidance were disappointing, with stagnant system deployments and backlog as particular points of concern. Read more here.
and auto parts as potential new verticals. Pushing into the Healthcare industry, Symbotic recently acquired OhmniLabs, a Silicon Valley-based developer of ground-breaking mobile robots.
With over 570 local employees, Symbotic is in the top three of the state's largest robotics companies by headcount. The robot-maker, which went public through a special-purpose acquisition company ...
Symbotic builds and deploys automation systems for warehouses, distribution centers, and supply chains. Its fully autonomous, artificial intelligence (AI)-enabled robots are already deployed in ...
The companies have worked together to automate parts of Walmart's robotics projects and supply chain since 2017, and expect Symbotic's acquisition of Walmart's robotics business to close in the ...
Walmart selected Symbotic to develop, build and deploy a system that will automate and speed up online pickup and delivery options at stores.
Walmart and Symbotic announced a deal Tuesday that would find the Massachusetts robotics firm taking control of the mega-retailer’s automation business. Symbotic is paying $200 million in cash ...
Symbotic Inc. (NASDAQ:SYM) shares traded higher premarkets on Thursday after the company disclosed a deal to acquire Walmart Inc.‘s (NYSE:WMT) Advanced Systems and Robotics business. The ...
Symbotic acquires Walmart's Advanced Systems and Robotics for $200M, with up to $350M in contingent payments. The deal expands Symbotic’s market by $300B through automation of Walmart's Pickup ...