Locus (to not be confused with this Locus) is a type of names that’s been popping up rather a lot within the information — and this roundup — over the previous yr. Last time we spoke to the Massachusetts firm, it was round a large elevate — $150 million to be almost exact. That successfully valued the corporate as a unicorn.
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Core to the corporate’s successes are its partnerships (as is the case with any robotics success firm). DHL has been a giant (or the largest) title within the combine since 2017. Amid pandemic lockdowns, the logistic big signed up for 1,000 robots final yr and, as of yesterday, is doubling that quantity.
DHL is de facto committing to robotics right here. At final rely, it mentioned it had deployed round 200,000 throughout the U.S. alone, which places its proper across the similar quantity as Amazon (which admittedly, hasn’t up to date that determine currently). Of course, the large distinction there may be that Amazon is primarily pulling from in-house methods — maybe Locus is a main acquisition goal?
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Source: Brian Heater
Photo credit score: Press