CHICAGO — Warehouse robots are like ants. When one fails at its task, the entire colony can suffer. But unlike an ant colony, they’re often divided: Different robots typically perform different tasks and run on different systems, creating rifts in the ranks.
At ProMat 2023, Wilmington, Massachusetts-based Locus Robotics took steps to address that problem, announcing its new automation platform, LocusOne. The solution, unveiled Monday, can coordinate more than a thousand of the company’s...
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One of the leading disruptors in the emerging warehouse automation industry is on the verge of going...
Locus Robotics announced Tuesday morning it has secured $50 million in additional funding from existing investor Tiger Global Management.
The funding follows a $150 million Series E round in February, led by Tiger Global Management and IT investment firm Bond. The new investment increases the total funding for Wilmington, Massachusetts-based Locus Robotics to $310 million.
More than 1 million warehouse robots will be installed worldwide over the next four years, with the number of warehouses...
https://www.freightwaves.com/news/big-game-hunting-locus-robotics-bags-50m-from-tiger-global
Medical technology company Siemens Healthineers (OTCMKTS: SMMNY) has entered a 10-year service agreement with DHL Supply Chain to oversee its product distribution in North America.
The distribution operation will be housed at a DHL Supply Chain-owned facility in Memphis, Tennessee. Siemens Healthineers is expected to occupy about 260,000 square feet of the 422,000-square-foot facility. It will include 105 employees.
Neither company disclosed financial terms of the service agreement.
The facility...
https://s29755.pcdn.co/news/siemens-healthineers-taps-dhl-to-manage-north-american-distribution