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Symbotic is an American robotics warehouse automation company based in Wilmington, Massachusetts . The company builds and operates automated warehouse systems for clients in the United States and Canada, using artificial intelligence in its software.
Symbotic is at the forefront of a $350 billion addressable market opportunity to reshape the global supply chain. As a public company, Symbotic has the resources to fuel future growth with plans to scale the business and accelerate implementation of its A.I.-enabled robotics platform.
Dec 13, 2021 · About Symbotic. Symbotic LLC is a robotics and automation-based product movement technology platform focused on transforming the consumer goods supply chain. The Company has spent more than a decade perfecting its warehouse automation platform to disrupt the supply chain of goods between manufacturers and consumers.
HOW IT WORKS. Flexible, End-to-End Automated Warehouse Platform. Intelligent software orchestrates a fleet of vision-enabled autonomous robots to induct, store and retrieve products within the unique structure. The result is an optimized high-density, mixed-SKU pallet that can be loaded onto a trailer in minutes for customer delivery.
1 day ago · WILMINGTON, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, announced financial results for its second fiscal quarter of 2024 ended March 30, 2024.Symbotic posted revenue of $424 million, a net loss of $41 million and adjusted EBITDA¹ of $22 million for the second quarter of fiscal 2024.
Symbotic® has developed proprietary and innovative robotics and software to deliver an advanced automation solution to make the supply chain faster, more efficient and more profitable for...
At the heart of the Symbotic system is a machine learning software core that enables rapid and continuous improvement over time. Powerful artificial intelligence software harvests up to 10 TB of data daily. The data is used to recognize patterns and direct efficient tasking in real time.
