Locus Robotics Named to Fast Company's Second Annual List of the Next Big Things in Tech

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Nov 17, 2022, 07:05 ET

List Recognizes Leader in Warehouse Robotics for its Innovative AMR Robotics Technology Breakthroughs That Transform the Warehouse

WILMINGTON, Mass., Nov. 17, 2022 /PRNewswire/ -- Locus Robotics, the market leader in autonomous mobile robots (AMR) for fulfillment and distribution warehouses, today announced that it has been named to Fast Company's second annual Next Big Things in Tech list, honoring technology breakthroughs that promise to shape the future of industries — from agriculture and environment to productivity and artificial intelligence.

"Locus is honored to be named to Fast Company's Second Annual List of the Next Big Things in Tech," said Rick Faulk, CEO of Locus Robotics. "This award emphasizes the critical business value that Locus's proven technology brings to our customers around the world. The need for innovative, high-productivity robotics automation is a must-have as e-commerce volumes continue to increase and labor shortages persist. We're proud to help our customers efficiently meet these challenges with robust, enterprise-scale automation solutions."

The Locus solution reimagines warehouse fulfillment productivity with the industry's first fully integrated, intelligent, robotics-driven warehouse execution platform. The innovative, fully autonomous system for use in e-commerce and distribution warehouses dynamically coordinates human labor and mobile robots together to double productivity and warehouse throughput quickly, cost effectively, and scalably, dramatically improving order fulfillment efficiency, lowering operational costs, and improving the overall workplace for workers.

Deployed at more than 250 sites around the world, with as many as 500 or more LocusBots per site, the Locus solution efficiently and seamlessly orchestrates the operation and management of multiple autonomous mobile robots (AMRs) form factors using LocusOne, the company's proprietary warehouse execution software platform. This centralized, dynamic, powerful, and intelligent operations platform also provides forward-looking, real-time business intelligence, critical for optimizing productivity, proactively managing labor, and managing costs.

This year, 83 technologies developed by established companies, startups, or research teams are highlighted for their cutting-edge advancements and potential to impact consumers, businesses, and society overall. While not all of the technological developments are available in the market yet, each one is reaching key milestones in order to have a proven impact in the next five years. Fast Company also recognized 41 honorable mentions.

"Technology breakthroughs and cutting-edge advancements promise to be the solution to some of the world's most pressing issues. Fast Company is excited to highlight some of the organizations, of all sizes and industry backgrounds, whose technology advancements today will lead to a better tomorrow," says Brendan Vaughan, editor-in-chief of Fast Company.

Click here to see the final list.

The Winter 2022/2023 issue of Fast Company is available online now and will hit newsstands on December 6.

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. The editor-in-chief is Brendan Vaughan. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc., and can be found online at fastcompany.com.

About Locus Robotics

Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece‐handling, case-handling, and pallet-moving productivity 2–3x, while optimizing labor and making efficient use of warehouse space. Locus helps retailers, 3PLs, and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments. Easily integrating into large-scale new and existing warehouse infrastructures without disrupting workflows, Locus transforms productivity without transforming the warehouse.

Headquartered in Wilmington, Massachusetts, Locus's EMEA presence is centrally located in Amsterdam, with APAC presence in Singapore.

In 2022, Locus Robotics has won more than 17 industry awards, including being named to the Inc. 500 for the second year in a row and a 2022 IFOY Award for its Autonomous Mobile Robot Solution in the Automated Guided Vehicle (AGV/AMR) category. For more information, visit www.locusrobotics.com.

SOURCE Locus Robotics