• Symbotic ($SYM) to Implement A.I. Driven Warehouse Automation System for Walmart of Mexico

  • Oct 10 2024
  • Length: 2 mins
  • Podcast

Symbotic ($SYM) to Implement A.I. Driven Warehouse Automation System for Walmart of Mexico

  • Summary

  • Symbotic (NASDAQ: SYM), a leader in AI-powered robotics for supply chain automation, has announced commercial agreements with Walmart of Mexico to implement warehouse automation systems.

    Under these agreements, the company will deploy its end-to-end systems at two greenfield distribution centers, with the first site now under construction.

    Applying next-generation technology, the company reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies.

    Rick Cohen, Chairman and Chief Executive Officer of Symbotic stated: “This marks a significant milestone in Symbotic’s growth, demonstrating the broad applicability of our systems and our ability to provide revolutionary supply chain technology to a global market.”

    Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Applying next-generation technology, Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies.

    Shares of Symbotic trade on the NASDAQ under the ticker symbol SYM. For more information, or to sign up for our free daily newsletter, visit www.greenstocknews.com

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