Symbotic, Inc. is an automation technology company, which engages in a robotics and automation-based product movement technology platform. The company is headquartered in Wilmington, Massachusetts and currently employs 2,000 full-time employees. The company went IPO on 2021-03-09. The company is engaged in developing, commercializing, and deploying innovative and comprehensive technology solutions that improve supply chain operations. The firm automates the processing of pallets, cases and individual items in warehouses. Its systems enhance operations at the front end of the supply chain and therefore benefit all supply partners further down the chain, irrespective of fulfillment strategy. Its robotic-based automation systems, which include hardware and essential software, move, store and sort cases and reach in warehouses. Its systems are operational in a number of retailers, including Walmart, wholesale distributors, including C&S Wholesale Grocers, and are being deployed in GreenBox Systems LLC, which is doing business as Exol (Exol), its warehouse-as-a-service joint venture.
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