Forget about dancing robots. Industrial robots that can help retailers process orders faster are now very popular. Berkshire Gray, a
warehouse robot company, made its Nasdaq debut today after a partnership with AOL co-founder Steve Case and former Congressman John Delaney (D-Maryland) backed by a company called Revolution Accelerated Acquisition SPAC completed. the fusion. Publicly traded robotics companies rose 7.5% to $ 10. In after-hours trading, they rose another 4.4% to $ 10.44.
company founder and CEO Tom Wagner (Tom Wagner) said, “Today there is a huge blank space, automation does not exist,” his 4.69 million shares are now worth nearly 50 million US dollars. “Our automated work exists today. This is not a hypothetical future.
Wagner, 54 years old, former chief technology officer of iRobot, iRobot is the manufacturer of the popular Roomba robot vacuum cleaner, founded the company in 2013 as a warehouse space Bring innovation. A native of Michigan, who worked at General Motors early in his career, he visited manufacturers, farmers, and e-commerce fulfillment centers to understand their needs before setting up the company. “Some people really let me walk on the floor and understand the business,” he said.
Wagner developed the technology and applied for a patent within the first five years. The company came out of invisibility in December 2018.
“Technically speaking, this is all very difficult. You cannot use the same technology that is used for manufacturing.”
Picking up items of different sizes, shapes and weights in an unstructured environment is one of the most difficult things for robots. to do. This is why automated warehouses are so difficult. Berkshire Grey’s automation system includes large picking “cells” and mobile robots that can move around the warehouse. It is not standard automation, but 15 different modules brought together by the company in various configurations for its customers.
“Technically speaking, everything is very difficult,” Wagner said. “You can’t use the same technology as manufacturing.”
refers to the basic plastic bag used to hold clothes. It can be any shape or size, and can hold heavy or light objects. Robots must be trained to handle these different arrangements, which is much easier for humans than machines. Glossy objects, transparent packaging, and even black colors make it harder for the robotic arm to catch things.
Berkshire Grey Robotic Sorting System in Operation
Berkshire Grey Robotic Sorting System in Operation BERKSHIRE GREY Provides
The promise of bringing automation to retail warehouses is huge, because stores have faced a large number of online orders in the past year and it is difficult to keep up And Amazon and its extremely fast delivery time. According to the company’s investors,
Berkshire Grey’s revenue last year reached 35 million U.S. dollars and is expected to reach 59 million U.S. dollars this year. Customers include Walmart, Target, FedEx and TJ Maxx. The complexity of the
Berkshire Gray system means that “only large companies can use these technologies at the moment,” said Kent Yoshida, commercial director of SoftBank Robotics, which has partnerships with Berkshire Gray and SoftBank Vision Fund. Investment in the company. “The current solution is more like the most advanced, but maybe it will become a more basic product in a year or two.”
This agreement is the latest in the ongoing SPAC boom, which has grown to include industry Start-up companies, including manufacturing software companies Bright Machines and Fast Radius, and 3D printing companies Desktop Metal and Markforged.

By Peter

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