Berkshire Grey secures US$36m in new orders

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Berkshire Grey, a developer of AI-enabled robotic solutions designed to automate supply-chain processes, has announced that it has secured new orders totalling US$36m (£26.8m).

According to the company, US$25m (£18.6m) of this is from repeat orders from a blue-chip anchor customer for tens of solutions to be installed in different locations, with more locations anticipated for future orders, and US$11m (£8.1m) from new customers including US home and apparel retailer Bealls.

In total, the new orders reportedly increase the company’s total orders to-date to US$184m (£136.8m) and increase backlog to US$113m (£84m) – its highest level yet.

“Follow-on orders with blue-chip anchor customers are important indicators and align today’s progress with our long-term growth plans,” said Tom Wagner, CEO, Berkshire Grey. “Our robotic picking and other automated systems are customer proven with demonstrated ROI. That, combined with today’s need for automation across the supply chain continue to fuel business.”

Berkshire Grey’s Intelligent Enterprise Robotics solutions have been developed to enable enterprises to meet consumer expectations for on-demand delivery through intelligent robotic automation of e-commerce fulfilment, store replenishment and package handling.

Combining proprietary AI, software and patented hardware, Berkshire Grey robotic systems include: AI-enabled picking; AI-enabled mobility; system orchestration; cloud monitoring and analytics; and professional services including manufacturing, installation, commissioning, maintenance, software updates, and operation.

Learn how Berkshire Grey’s robotic automation can transform supply-chain operations and the potential impact of the technology on your business in this FREE-TO-ATTEND webinar at 10.30am on Tuesday 23rd November 2021. Hear how organisations are looking to deploy AI-enabled robotic automation to deliver a better end-customer experience with improved ROI and future-proof their operations with modern, resilient supply chains that succeed now and in the future. Register free now!

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