Under the terms of the Commercial Agreement, Symbotic will engage in a development program funded by Walmart to enhance current online pickup and delivery fulfillment systems as well as to design new ...

The latest update is out from Symbotic ( (SYM)). On January 28, 2025, Symbotic Inc. announced the completion of its acquisition of Walmart’s Advanced Systems and Robotics business and signed a ...

Under the terms of the Commercial Agreement, Symbotic will engage in a development program funded by Walmart to enhance current online pickup and delivery fulfillment systems as well as to design ...

Walmart will pay Symbotic $520 million to fund the development program and has committed to buying automation systems for 400 APDs over a multiyear period if Symbotic meets performance criteria.

However, Walmart has also agreed to fund a development program to develop, build, and deploy an advanced solution for its Accelerated Pickup and Delivery centers (“APDs). Symbotic will use its A ...

Symbotic reports revenue in three segments: Systems, Software maintenance and support, and Operation services. Systems was 95% of total fourth-quarter revenue. This segment's revenue consists of ...

NASDAQ SYM opened at $29.76 on Friday. Symbotic has a twelve month low of $17.11 and a twelve month high of $52.20. The stock has a market cap of $17.48 billion, a PE ratio of -496.00 and a beta ...