Overview
Description
Symbotic Inc. Class A represents an equity security issued by Symbotic Inc., a leading automation technology company specializing in warehouse and supply chain solutions. The company delivers advanced robotics and artificial intelligence-driven systems designed to optimize the handling, storage, and movement of goods within large warehouses and distribution centers. By automating processes such as the sorting and processing of pallets and cases, Symbotic Inc. significantly enhances operational efficiency for major retailers and wholesalers, streamlining the supply chain at its core. Its technology is deployed throughout sectors looking to improve logistics, particularly in retail and grocery industries, where modern distribution demands high throughput and adaptability.
Symbotic Inc. is distinguished by its focus on cutting-edge robotics, data-driven automation, and scalable systems that address the evolving needs of complex supply networks. With a notable order backlog and expanding presence in areas such as in-store fulfillment and perishable supply chains, it plays a pivotal role in advancing warehouse automation across the industry. The Class A shares embody direct ownership in the company, providing investors exposure to the ongoing transformation of logistics and supply chain management.
About
CEO
Mr. Richard B. Cohen
Employees
2000
Address
200 Research Drive
Wilmington, 01887, MA
United States
Wilmington, 01887, MA
United States
Phone
978 284 2800
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Germany
MIC code
XFRA