Symbotic

Symbotic Inc. is a robotics and warehouse automation company based in Wilmington, Massachusetts. Founded in 2007, it focuses on designing and deploying AI-powered autonomous robotic systems that enhance supply chain processes such as depalletizing, storage, selection, and palletization. The company’s technology features advanced artificial intelligence and machine learning, enabling robots to navigate large warehouse spaces at speeds exceeding 20 mph. Symbotic offers a fleet of untethered autonomous robots that can travel up to 25 mph and handle products efficiently. Its business model includes the design and installation of customized automation systems, along with ongoing operational services and software support. The company serves major clients in the grocery, retail, and wholesale sectors, including Walmart, Target, and Albertsons, and has deployed its technology across over 1,400 stores and distribution centers. Symbotic went public in 2022 and reported significant revenue growth, reaching $1.822 billion in 2024.