{"id":578720,"date":"2024-04-16T15:18:28","date_gmt":"2024-04-16T19:18:28","guid":{"rendered":"https:\/\/www.therobotreport.com\/?p=578720"},"modified":"2024-04-17T09:34:59","modified_gmt":"2024-04-17T13:34:59","slug":"locus-robotics-surpasses-3b-picks-just-33-weeks-after-last-milestone","status":"publish","type":"post","link":"https:\/\/www.therobotreport.com\/locus-robotics-surpasses-3b-picks-just-33-weeks-after-last-milestone\/","title":{"rendered":"Locus Robotics surpasses 3B picks just 33 weeks after its last milestone"},"content":{"rendered":"
\"Locusbots.<\/a>

Locus says its systems are now involved in picking 6 million to 7 million units per day. | Source: Locus Robotics<\/p><\/div>\n

Locus Robotics Corp. today announced that it has surpassed 3 billion total picks across its global customer deployments. The company reached this milestone just 33 weeks after it recorded its 2 billionth pick. It claimed that the achievement underscores its continued rapid growth and solidifies its position as a leader in autonomous robotics automation for the warehouse. <\/p>\n

The Wilmington, Mass.-based company<\/a> said its 3 billionth pick was a Carhartt T-shirt. The pick occurred at a Carhartt facility in Hanson, Ky. Just milliseconds later, other items were picked at more than 300 Locus customer sites around the world. <\/p>\n

“Surpassing 3 billion picks across our global deployments is a significant milestone that reflects the trust our customers have placed in our innovative robotics solutions,” stated Rick Faulk, CEO of Locus Robotics. “As we continue to push the boundaries of innovation, we remain focused on our mission to revolutionize the supply chain industry and empower our customers to drive operational efficiencies and productivity gains in order to thrive in an increasingly complex and demanding fulfillment landscape.”<\/p>\n

Founded in 2014, Locus Robotics provides autonomous mobile robots (AMRs<\/a>) that collaborate with human pickers to increase warehouse efficiency. Locus serves the retail, healthcare, manufacturing, and third-party logistics (3PL) industries and offers a robotics-as-a-service (RaaS<\/a>) model.<\/p>\n

Locus continues to ramp up operations<\/h2>\n

It took nearly seven years for Locus to reach<\/a> its first billion picks. Since then, the company’s growth has accelerated rapidly. It reached<\/a> 2 billion picks just 11 months later, and now 3 billion just 33 weeks later. Locus received a 2024 RBR50 award<\/a> for hitting 2 billion picks. <\/p>\n

“I first saw a demo of the Locus bots the year the company was founded. I instantly understood the potential this system had,” said Steve Banker, vice president of supply chain services at ARC Advisory Group. “Their impressive growth trajectory is a clear indication of the value their proven solutions bring to customers, enabling them to improve productivity, lower costs, and stay ahead of the competition.”<\/p>\n

During the 2023 peak holiday season, LocusBots picked more than 331 million units. This is a 66% increase compared with the 2022 peak holiday season. In all of 2023, Locus picked a total of 1.2 billion units, an 82% increase over the previous year. <\/p>\n

As the industry continues to evolve, Locus Robotics said it remains committed to driving innovation and delivering cutting-edge robotics systems that enable its customers to scale and meet growing demand. The company asserted that its focus on research and development ensures it is well-positioned to continue to grow rapidly. <\/p>\n

Despite its growth, Locus has also seen some recent setbacks. In January, the company confirmed<\/a> it had a “small, targeted RIF,” or reduction in force. It did not specify how many employees were affected by the layoffs. Faulk said that Locus overhired and overestimated how much business it would get after the COVID-19 peak. <\/p>\n