Attabotics

Warehouse Automation Market Opportunities worth $44 Billion by 2028 - LogisticsIQ

Retrieved on: 
Wednesday, January 17, 2024

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.

Key Points: 
  • NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.
  • Download a Free Sample of our report on the Warehouse Automation Market.
  • Year 2021 witnessed a huge order intake for warehouse automation companies but revenue growth was limited due to supply chain constraints.
  • AGV and AMR market is expected to be biggest market in 2028 with a CAGR of ~30%.

Warehouse Automation Market Opportunities worth $44 Billion by 2028 - LogisticsIQ

Retrieved on: 
Wednesday, January 17, 2024

NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.

Key Points: 
  • NEW DELHI, Jan. 17, 2024 /PRNewswire/ -- As per LogisticsIQ latest market research and analysis, warehouse automation market is expected to touch the mark of $44 Billion by 2028, at a CAGR of almost 15% between 2023 and 2028.
  • Download a Free Sample of our report on the Warehouse Automation Market.
  • Year 2021 witnessed a huge order intake for warehouse automation companies but revenue growth was limited due to supply chain constraints.
  • AGV and AMR market is expected to be biggest market in 2028 with a CAGR of ~30%.

Micro Fulfilment Market size to increase by USD 18.75 billion during 2022-2027- Technavio

Retrieved on: 
Wednesday, October 18, 2023

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The Micro Fulfilment Market size is expected to grow by USD 18.75 billion, accelerating at a CAGR of 43.51% during the forecast period.

Key Points: 
  • NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The Micro Fulfilment Market size is expected to grow by USD 18.75 billion, accelerating at a CAGR of 43.51% during the forecast period.
  • Micro Fulfilment Market 2023 – 2027: Market Dynamics:
    Robust e-commerce growth is driving the micro-fulfillment market.
  • The size of the market is forecast to increase by USD 404.84 billion.
  • Robotics End-Of-Arm Tooling (EOAT) Market : The robotics end-of-arm tooling market size is estimated to grow at a CAGR of 4.96% between 2022 and 2027.

Micro Fulfillment Centers: Transforming E-commerce Delivery and Projected to Reach $36 Billion Opportunity by 2030 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 2, 2023

The Micro Fulfillment Center (MFC) market is rapidly growing and is expected to offer substantial opportunities in the coming years, with a cumulative opportunity worth $36 billion by 2030.

Key Points: 
  • The Micro Fulfillment Center (MFC) market is rapidly growing and is expected to offer substantial opportunities in the coming years, with a cumulative opportunity worth $36 billion by 2030.
  • Market Expansion: The Micro Fulfillment Market is projected to grow 2 times by 2025 and 12 times by 2030 compared to the current market size in 2022.
  • Contributions: MFC services are expected to contribute approximately $2 billion by 2030, highlighting the significance of this emerging market.
  • Delivery Options: Multiple delivery options such as home delivery, in-store pick-up, curb-side pickup, and locker delivery are expected to be available.

MFCs Poised for Explosive Growth: Revolutionizing E-commerce Fulfillment with a $5 Billion Revenue Forecast by 2030

Retrieved on: 
Tuesday, September 26, 2023

The Micro Fulfillment Center (MFC) market is rapidly growing and is expected to offer substantial opportunities in the coming years, with a cumulative opportunity worth $36 billion by 2030.

Key Points: 
  • The Micro Fulfillment Center (MFC) market is rapidly growing and is expected to offer substantial opportunities in the coming years, with a cumulative opportunity worth $36 billion by 2030.
  • Market Expansion: The Micro Fulfillment Market is projected to grow 2 times by 2025 and 12 times by 2030 compared to the current market size in 2022.
  • Contributions: MFC services are expected to contribute approximately $2 billion by 2030, highlighting the significance of this emerging market.
  • Market Revenue: The market is expected to generate more than $5 billion in revenue from Micro Fulfillment automation by 2030, primarily driven by Grocery Omnichannel and Pure-Play E-commerce/Q-commerce players.

Urbx Announces Settlement of Litigation With Attabotics

Retrieved on: 
Friday, September 8, 2023

BOSTON, Sept. 8, 2023 /PRNewswire/ -- Urbx is pleased to announce that Attabotics and Urbx have amicably resolved the litigation between them.

Key Points: 
  • BOSTON, Sept. 8, 2023 /PRNewswire/ -- Urbx is pleased to announce that Attabotics and Urbx have amicably resolved the litigation between them.
  • Both Attabotics and Urbx are looking forward to moving ahead and focusing on their respective businesses.
  • Please note: This is the only information that will be made available regarding the settlement.
  • Urbx is an order fulfillment automation company based in Boston, serving the needs of retailers, grocers and other businesses.

Attabotics Issues Statement of Claim Against Canadian Tire

Retrieved on: 
Wednesday, May 10, 2023

Attabotics , the future-proof intelligent cube storage solution for modern commerce, has filed a statement of claim in the Ontario Superior Court of Justice against Canadian Tire Corporation, Limited (Canadian Tire).

Key Points: 
  • Attabotics , the future-proof intelligent cube storage solution for modern commerce, has filed a statement of claim in the Ontario Superior Court of Justice against Canadian Tire Corporation, Limited (Canadian Tire).
  • On March 15, 2023, a fire (Warehouse Fire) occurred at Canadian Tire’s facility located at 8550 Goreway Dr, Brampton, Ontario.
  • The Attabotics Claim states that Attabotics was in no way responsible for the Warehouse Fire that took place at the Brampton warehouse.
  • According to the Statement of Claim, “The Warehouse Fire occurred as a direct result of the wrongful conduct, statutory breaches, breaches of contract, gross negligence, willful misconduct, negligence, and recklessness of Canadian Tire.”
    Furthermore, the statement alleges, “The Warehouse Fire was caused or contributed to by the employees, contractors, subcontractors, consultants, or other personnel controlled or directed by Canadian Tire and for which Canadian Tire is vicariously liable.”
    Attabotics’ claim states that as a result of the Defendant’s alleged evasiveness and obstruction, Attabotics has suffered and continues to suffer damages for which Canadian Tire is liable.

Attabotics Appoints Gary Moss as Chair of Board of Directors

Retrieved on: 
Thursday, April 27, 2023

Attabotics , the future-proof intelligent cube storage solution for modern commerce, announced today the appointment of Gary Moss as the head of the company’s Board of Directors.

Key Points: 
  • Attabotics , the future-proof intelligent cube storage solution for modern commerce, announced today the appointment of Gary Moss as the head of the company’s Board of Directors.
  • Currently the President of Vantage Management Consultants, Inc., Moss brings 35 years of industry agnostic, deep leadership experience to Attabotics’ Board of Directors.
  • “Gary has been a part of our Board of Directors, heading the Audit committee, since October 2021.” said Scott Gravelle, Founder and CEO at Attabotics.
  • In addition to his appointment as Chair of the Board, Gary retains his Chair of the Audit Committee role.

Premier early-stage VC groups and investors summit in Western Canada

Retrieved on: 
Monday, March 20, 2023

Valhalla Private Capital is holding Vantage, Early-Stage Investing 2023 Summit on March 22, 2023.

Key Points: 
  • Valhalla Private Capital is holding Vantage, Early-Stage Investing 2023 Summit on March 22, 2023.
  • “There is an immense opportunity regionally for local and national private firms and individual investors to thrive.
  • It is the smaller deals, startups, and pre-seed asset class of investors who are fueling the next generation of companies, founders and deal flow.
  • Valhalla Private Capital ’s ‘Vantage: Early Stage Investing in 2023, from the comfort of Aspen Properties’ The Ampersand on 22 March.

Robotics Provider Exotec Adds Two Key Executives to the Atlanta Office after Tripling Its Revenue in North America Last Year

Retrieved on: 
Thursday, February 9, 2023

ATLANTA, Feb. 9, 2023 /PRNewswire/ -- Today Exotec, a global warehouse robotics provider, has announced the appointment of two executives to its North American operations. Andy Williams will be taking on the role of Executive Vice President of North American Sales while Sid Henderson joins as Vice President of North American Business Development.

Key Points: 
  • Andy Williams will be taking on the role of Executive Vice President of North American Sales while Sid Henderson joins as Vice President of North American Business Development.
  • Exotec is actively hiring to support its growth in the North American office.
  • Exotec is rapidly expanding in the North American market where it currently employs over 55 people with plans to double by 2024.
  • The company has already signed 14 customers and has 6 operating sites in North America just three years after expanding into the market.