Dexory, the robotics and data intelligence company announced it has closed an $80 million Series B funding round. The round was led by DTCP, with participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry. As part of this investment, DTCP’s Michael Rager […]
Space freight is becoming more accessible, offering a new dimension for logistics operations. Companies such as Elon Musk’s SpaceX, Jeff Bezos’ Blue Origin, Rocket Lab and others are lowering launch costs, with SpaceX achieving approximately $2,600 per kilogram to Low Earth Orbit (LEO), compared to $18,500 per kilogram during the Space Shuttle era. Despite these […]
MODEX is the leading trade show for supply chain, logistics, and material handling solutions in North America. It showcases the latest products, technologies, and services from over 900 exhibitors across various sectors and industries. MODEX 2024, held in Atlanta, Georgia, from March 11 to 14, attracted more than 35,000 attendees and featured over 150 educational […]
OTTO Motors’ business is focused on production logistics– as opposed to warehousing and fulfillment. Production logistics has different requirements with respect to variability by operation and integration needs. OTTO Motors focuses on large manufacturing plants with large numbers of vehicles and substantial integration requirements. Large plants such as these are high cost-of-failure environments where […]
Robotics and automation in the warehouse continue to be a growing trend, with a recent study estimating that the warehouse robotics market is expected to reach USD 23. 09 billion by 2027 and grow at a rate of 15. 33% annually from 2022-2027. But there is still much to learn. As autonomous mobile robots (AMRs) […]
An interesting paradigm is playing out in the warehouse automation landscape of China. It appears that mobile warehouse robotics adoption has accelerated rapidly in China. This is surprising because logistics technology adoption has historically occurred initially in North America and Western Europe, and then other economies adopt the technology after a substantial time lag. I attribute the rapid adoption of mobile warehouse robotics in China to three factors: Global rapid technology diffusion; China’s explicit emphasis on digitization; and ROI decisions and the role of the status[…]
My colleague Fox Chen and I just kicked-off the update to ARC Advisory Group’s research on the global mobile warehouse robotics market. Fox is located in Singapore, and I am in Boston. With a solid 12-hour time zone difference between him and me, together we should be able to speak with any robotics provider at […]
