Symbiotic Inks Agreement with Associated Food Stores for Warehouse Automation

Leading AI-enabled robotics technology company, Symbiotic, Inc. (Nasdaq: SYM) has entered an agreement with Associated Food Stores (AFS) to implement Symbotic’s AI-powered robotic warehouse automation technology in AFS’ Utah distribution center.

Highlights

The commercial agreement will see Symbiotic’s technology implemented by AFS, a provider of groceries and other goods and services to independent retailers in nine Intermountain states.

Symbotic’s automation system, which features robotic case pick capabilities, will allow the AFS distribution center to improve a variety of retail-facing experiences, including overall supply, expanded selection and delivery of products to stores.

AFS stated that all current team members at the distribution center will have jobs going forward and that the Symbiotic system will create an opportunity for AFS employees to grow their skill sets and expand their future opportunities with the company.

About Symbiotic

Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today’s complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers.