Hardware Podcasts

Inside Locus Robotics’ acquisition of Waypoint Robotics

The Robot Report Podcast · 20 Sept 2021 · 1h 02m

What this episode covers

Rick Faulk, CEO of Locus Robotics, and Jason Walker, CEO of Waypoint Robotics, discuss the acquisition of Waypoint by Locus to expand Locus's payload capacity into heavy-duty AMRs like the Maverick 3K and Vector. The founders explain that the deal was driven by customer demand for moving bulkier e-commerce goods and the strategic need to enter the manufacturing floor market. They also detail the challenges of integrating a Robots-as-a-Service (RaaS) model with a CapEx-based company and the broader 'land grab' in the AMR industry.

Most relevant to

companies scaling up

Topics

Mentioned

Companies
Locus Robotics, Waypoint Robotics, Kiva Systems, Quiet Logistics, Amazon, Fetch Robotics, Mobile Robots, Next Shift Robotics, Asti Mobile Robotics, ABB, Zebra Technologies, Teradine, Mass Robotics
Products
Maverick 3K, Vector
Tools
ROS

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