BGRY what a beast!!

Been in a rampage since it touched .58 cents. Just wait until that big fedex and target contract comes through

HERE COMES 2 DOLLA

GAPPING HARD HERE

BGRY...SUCH A SWEET SET UP....AND OF COURSE NOBODY TALKING...!

BGRY....BUILDING ITS STEAM

1.55 close possible Monday, lower bollinger band = gap fill

Looks like 1.70 gap fill soon

UPS and other companies interested in robotics?

Current Assets to Current Liabilities great at roughly 3:1, as of 8/11/22

“11:53a ET 8/2/2022 - Globe Newswire
Berkshire Grey and FedEx Expand Their Robotic Automation Solutions Relationship

EQNX::TICKER_START (NASDAQ:BGRY),(NYSE:FDX), EQNX::TICKER_END Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes and FedEx Corp. (NYSE: FDX), today announced they have expanded their strategic relationship.

As part of the expansion of this relationship, Berkshire Grey and FedEx have entered into an agreement for new development activities that will provide broader AI robotic automation capabilities to help improve the safety and efficiency of FedEx package handling operations globally. The two companies also expect to execute a master system purchase agreement in 2022, which will streamline and expedite the procurement process for Berkshire Grey solutions across all FedEx operating companies globally.

Additionally, Berkshire Grey has granted FedEx a warrant to purchase common stock which vests incrementally, subject to certain terms including the ordering of and payment for Berkshire Grey AI-enabled robotic automation goods and services at any time prior to December 31, 2025, with full vesting of all 25 million shares subject to the warrant upon the ordering of or payment for at least $200 million of such goods and services. Details on the terms of the warrant agreement are available in the Form 8-K filed today by Berkshire Grey.

"Our growing relationship with Berkshire Grey for robotic automation is a direct response to the growth of e-commerce, which has accelerated the demand for reliable automated solutions throughout all stages of the supply chain," said Rebecca Yeung, Corporate VP of Operations Science and Advanced Technology, FedEx. "FedEx believes that continued innovation and automation will improve efficiency, productivity and safety for its team members as they continue to keep the global supply chain moving."

As previously announced, FedEx Ground and Berkshire Grey are already working together to deploy Berkshire Grey's Robotic Product Sortation and Identification (RPSi) systems to robotically sort small packages that arrive daily and require distribution. In addition to the recent installations at eight sortation facilities, including Queens, NY, Las Vegas, Nev., and Columbus, Ohio, FedEx Ground plans to have RPSi systems in place at select additional facilities in the network over the next 12 months.

The new product development agreement is an expansion of this collaboration and offers new opportunities for the two companies to work together to further increase efficiencies across the FedEx enterprise using AI-enabled robotic automation.

"Berkshire Grey and FedEx are strategically aligned. These new agreements reflect our mutual commitment to innovations in robotic automation that can remove barriers within the supply chain, ease the physical burden on employees and streamline operations," said Tom Wagner, CEO of Berkshire Grey. "We look forward to working together on this new program and to advancing other automation programs with FedEx moving forward."

About FedEx

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $94 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively, and innovating digitally under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its 550,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
”

Only 13 days above Macd zero line in 12 months of trading, this stock is due to roar and run on a major robotics deal

Two month anniversary for major news, could see something soon based on global demand for robotics, Amazon? :

“2:00a ET 5/6/2022 - Thomson Reuters ONE
Berkshire Grey and Logistex Partner to Deliver Robotic Automation for Intralogistics Operations in the UK

Established System Integrator Joins Berkshire Grey's Partner Alliance Programme to Accelerate Adoption of Intelligent Enterprise Robotics for eCommerce, Retail, and 3PL Customers

BEDFORD, Mass.and KETTERING, United Kingdom, May 06, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, is partnering with Logistex, a leading system integrator and warehouse management system provider, to help companies grow despite the labour shortages and logistics challenges that are straining global supply chains.

This partnership combines proven AI-enabled robotic automation from Berkshire Grey with experienced system design and integration services from Logistex to deliver world-class warehouse robotics to Europe's premier pure-play eCommerce companies, retailers, and third-party logistics (3PL) providers.

"Berkshire Grey's robotic solution portfolio is incredibly robust. By addressing some of the most labour-intensive warehouse processes and handling the broadest range of SKUs, their systems can solve operational challenges across our customer base," said Andy Branch, COO at Logistex. "Logistex has a long history of delivering transformative solutions, and across industries we are seeing more customers ready to leverage intelligent robotic automation. That's why we're partnering with Berkshire Grey -- to solve real challenges with robotic solutions that deliver value at our customers' warehouses and facilities today."

As more companies feel the pressures of eCommerce growth, enhanced consumer expectations, and the evolving labour shortage, Berkshire Grey's AI-powered robotic solutions fill the gap. The company offers a wide range of robotic automation solutions that can increase fulfilment throughput by up to 3X and improve labour efficiency by up to 70%. Logistex, an established leader in traditional material handling and warehouse management systems, is evolving their innovation portfolio through this partnership to help companies streamline processes, improve employee productivity, and deliver flexible solutions that scale.

"The demand for innovation to address operational challenges plaguing supply chains brought on by new connected consumer buying behaviours for eCommerce and omnichannel purchasing is very strong in the UK, and Berkshire Grey has the solutions the market needs to compete," said Neil Berry, SVP and General Manager for EMEA at Berkshire Grey. "Partnering with Logistex allows us to deliver a comprehensive robotic automation portfolio to more customers faster, accelerate the adoption of AI and robotics across the UK market, and enable joint customers to rapidly realise the value of robotic automation."

Berkshire Grey's Partner Alliance programme works with a select group of strategic partners to provide customers across Retail, eCommerce, 3PL, Grocery and Package Handling industries with scalable robotic solutions developed to improve fulfilment throughput while driving down operational costs. Berkshire Grey solutions deliver faster ROI than other providers in the industry and their partner programme enables them to team up with the best consultants, integrators, technology providers, and material handling leaders to extend its value-added solutions to customers.

About Berkshire Grey

Berkshire Grey, Inc., (Nasdaq: BGRY) helps customers radically change the essential way they do business by delivering game-changing technology that combines AI and robotics to automate fulfilment, supply chain, and logistics operations. Berkshire Grey solutions are a fundamental engine of change that transform pick, pack, move, store, organise, and sort operations to deliver competitive advantage for enterprises serving today's connected consumers. Berkshire Grey customers include Global 100 retailers and logistics service providers. To learn more about Berkshire Grey, please visit BerkshireGrey.com and follow Berkshire Grey on Facebook, LinkedIn, Twitter, and YouTube.

Berkshire Grey and the Berkshire Grey logo are registered trademarks of Berkshire Grey. Other trademarks referenced are the property of their respective owners.

About Logistex

Logistex provides automated materials handling and software (WMS) solutions for warehousing operations. We are specialists in storage and retrieval, order forwarding, picking and sortation systems. As an independent warehouse automation specialist, Logistex integrate products from across the industry without compromise. Our services cover warehouse/materials handling design & implementation, warehouse management software and control systems, equipment refurbishment and maintenance, facilities management and 24/7 hotline support and spares. To learn more about Logistex, please visit Logistex.com and follow Logistex on LinkedIn and Youtube.”

“7:00a ET 6/23/2022 - Globe Newswire
Berkshire Grey Wins SupplyTech Innovation of the Year Award

EQNX::TICKER_START (NASDAQ:BGRY), EQNX::TICKER_END Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, was named a winner of this year's SupplyTech Breakthrough Awards in the Overall SupplyTech Innovation of the Year category.

The new SupplyTech Breakthrough Awards program aims to perform the most comprehensive evaluation of supply chain & logistics technology tools, services, and companies. This year's inaugural program attracted more than 1,200 nominations from over 15 countries. All award nominations were fully analyzed, evaluated, and scored by SupplyTech's expert panel of judges. Evaluation criteria was focused on the concept of innovation as well as performance, functionality, ease of use, value, and impact.

"This award reflects our ongoing commitment to delivering transformative AI-enabled robotic solutions that enable the world's largest retailers, eCommerce providers, package logistics companies, and 3PLs to streamline their supply chain operations and meet their customers' demand for near real-time order fulfillment," said Steve Johnson, President and COO at Berkshire Grey. "We are honored to be nominated by SupplyTech Breakthrough and proud to secure the top award for Innovation of the Year."

This award win comes on the heels of several other recent recognitions for Berkshire Grey, including being named to Fast Company's Most Innovative Companies list and honored as the 2022 Enabling Technology Leader for Intelligent Robotic Automation by Frost & Sullivan.

About SupplyTech Breakthrough

Part of the Tech Breakthrough organization, a leading global provider of market intelligence and recognition platforms for technology innovation and leadership, the SupplyTech Breakthrough Awards program is devoted to honoring innovation and market disruption in supply chain & logistics technologies, services, companies and products around the world. The annual SupplyTech Breakthrough Awards provide public recognition for the achievements of SupplyTech companies and products in categories including Inventory Management, Supply Chain Visibility, Transportation Management, Material Handling, IoT and Robotics, and more. For more information visit SupplyTechBreakthrough.com
”

“2:00a ET 5/6/2022 - Thomson Reuters ONE
Berkshire Grey and Logistex Partner to Deliver Robotic Automation for Intralogistics Operations in the UK

Established System Integrator Joins Berkshire Grey's Partner Alliance Programme to Accelerate Adoption of Intelligent Enterprise Robotics for eCommerce, Retail, and 3PL Customers

BEDFORD, Mass.and KETTERING, United Kingdom, May 06, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, is partnering with Logistex, a leading system integrator and warehouse management system provider, to help companies grow despite the labour shortages and logistics challenges that are straining global supply chains.

This partnership combines proven AI-enabled robotic automation from Berkshire Grey with experienced system design and integration services from Logistex to deliver world-class warehouse robotics to Europe's premier pure-play eCommerce companies, retailers, and third-party logistics (3PL) providers.

"Berkshire Grey's robotic solution portfolio is incredibly robust. By addressing some of the most labour-intensive warehouse processes and handling the broadest range of SKUs, their systems can solve operational challenges across our customer base," said Andy Branch, COO at Logistex. "Logistex has a long history of delivering transformative solutions, and across industries we are seeing more customers ready to leverage intelligent robotic automation. That's why we're partnering with Berkshire Grey -- to solve real challenges with robotic solutions that deliver value at our customers' warehouses and facilities today."

As more companies feel the pressures of eCommerce growth, enhanced consumer expectations, and the evolving labour shortage, Berkshire Grey's AI-powered robotic solutions fill the gap. The company offers a wide range of robotic automation solutions that can increase fulfilment throughput by up to 3X and improve labour efficiency by up to 70%. Logistex, an established leader in traditional material handling and warehouse management systems, is evolving their innovation portfolio through this partnership to help companies streamline processes, improve employee productivity, and deliver flexible solutions that scale.

"The demand for innovation to address operational challenges plaguing supply chains brought on by new connected consumer buying behaviours for eCommerce and omnichannel purchasing is very strong in the UK, and Berkshire Grey has the solutions the market needs to compete," said Neil Berry, SVP and General Manager for EMEA at Berkshire Grey. "Partnering with Logistex allows us to deliver a comprehensive robotic automation portfolio to more customers faster, accelerate the adoption of AI and robotics across the UK market, and enable joint customers to rapidly realise the value of robotic automation."

Berkshire Grey's Partner Alliance programme works with a select group of strategic partners to provide customers across Retail, eCommerce, 3PL, Grocery and Package Handling industries with scalable robotic solutions developed to improve fulfilment throughput while driving down operational costs. Berkshire Grey solutions deliver faster ROI than other providers in the industry and their partner programme enables them to team up with the best consultants, integrators, technology providers, and material handling leaders to extend its value-added solutions to customers.“

Gap will fill at 1.80 close today, look for news after hours or in AM, maybe a EU or UK contract

Big chance today for higher SP

Chance for a major increase about 2 hours prior to close, when 5’day consolidation ends, 6 month chart looking good, the market recognized the value of robotics

More and more investors each day will be seeking to invest in companies providing solutions to the current economic issues: supply chain and energy

Many companies are filing form 4’s to show belief in their long term value, clearly the lead robotics company would fit into that possibility, let’s see if that happens today

“Share Structure

Market Cap Market Cap
456,243,725
06/10/2022
Authorized Shares
Not Available
Outstanding Shares
226,986,928
05/09/2022 <—- updated
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
Not Available”

“Ended the quarter with $140 million of cash and no debt.”

“Backlog of $103 million as of quarter-end”

“Outlook for Full Year 2022:

Berkshire Grey reiterated its expectations for 2022 revenue of approximately $90 million, representing growth of approximately 80% year-over-year.”

“Named the 2022 Enabling Technology Leader for Intelligent Robotic Automation by Frost & Sullivan. Frost & Sullivan recognized Berkshire Grey for its leadership in delivering AI-enabled robotic solutions that help customers solve labor challenges, improve operational capacity, and achieve measurable ROI.

-- Introduced its new Robotic Pick and Pack with Identification (BG RPPi) system for touchless eCommerce autobagging. Using Berkshire Grey's advanced AI-enabled robotic technology, this system combines automated picking with advanced auto-identification and item manipulation technology for packing eCommerce items directly into autobagging equipment, thereby increasing throughput capacity without adding additional labor.

-- Attended Modex 2022, the world's largest trade show for manufacturing and supply chain where the Company hosted more than 100 one-on-one meetings with prospective and existing customers and partners and demonstrated its systems to thousands of attendees.

-- Advanced its Berkshire Grey Partner Alliance (BGPA) program which now includes 13 partners, including the recently announced partnerships with Logistex and Swisslog. The BGPA program includes a select group of market-leading consultants, integrators, technology providers and material handling leaders, broadening the Company's global reach, and extending its go-to-market strategy.

-- Announced a new Reverse Logistics solution which includes Berkshire Grey's Robotic Product Sortation with Identification (RPSi) and Robotic Shuttle Put Wall (RSPW) systems specifically configured to help retailers efficiently process returns, accelerate the resale of returned goods, and improve labor utilization.”

-Above quotes From: 7:00a ET 5/12/2022 - Dow Jones
Press Release: Berkshire Grey Reports First Quarter 2022 Results.

140 million cash/232.74 million outstanding shares = .60 a share in cash, the market is currently valuing the remaining assets and future sales at 1.40 a share which is low given the future opportunity for billions in sales this company has, a multiple of 3 or 4 based on the annual projection. If the company achieved a billion in sales within 5 years and maintained cash, share structure and debt at current levels then that would be 4.60 a share and at a 3 multiple 13.80 a share in 2027. Company insiders and institutional investors could buy back stock and hold it for 5 years, 2 dollars a share to 13.80 a share is nearly 7 times the initial investment. Not every investment has to be long term, but some investments can be. This stock is trading like its the end of the world right now, when was that ever a trading strategy, like people who didn’t buy Apple and Microsoft before Y2K. Not only that but better than Apple and Microsoft because robotics solves some problems causing the economic concerns, where Apple and Microsoft were 100% reliant on programmers fixing Y2K so their computers and share prices didn’t melt down.

“The company reported quarterly sales of $5.50 million which beat the analyst consensus estimate of $4.23 million by 30.02 percent.” (One month ago)

“ 2:00a ET 5/6/2022 - Thomson Reuters ONE
Berkshire Grey and Logistex Partner to Deliver Robotic Automation for Intralogistics Operations in the UK

Established System Integrator Joins Berkshire Grey's Partner Alliance Programme to Accelerate Adoption of Intelligent Enterprise Robotics for eCommerce, Retail, and 3PL Customers

BEDFORD, Mass.and KETTERING, United Kingdom, May 06, 2022 (GLOBE NEWSWIRE) -- Berkshire Grey Inc. (Nasdaq: BGRY), a leader in AI-enabled robotic solutions that automate supply chain processes, is partnering with Logistex, a leading system integrator and warehouse management system provider, to help companies grow despite the labour shortages and logistics challenges that are straining global supply chains.

This partnership combines proven AI-enabled robotic automation from Berkshire Grey with experienced system design and integration services from Logistex to deliver world-class warehouse robotics to Europe's premier pure-play eCommerce companies, retailers, and third-party logistics (3PL) providers.

"Berkshire Grey's robotic solution portfolio is incredibly robust. By addressing some of the most labour-intensive warehouse processes and handling the broadest range of SKUs, their systems can solve operational challenges across our customer base," said Andy Branch, COO at Logistex. "Logistex has a long history of delivering transformative solutions, and across industries we are seeing more customers ready to leverage intelligent robotic automation. That's why we're partnering with Berkshire Grey -- to solve real challenges with robotic solutions that deliver value at our customers' warehouses and facilities today."

As more companies feel the pressures of eCommerce growth, enhanced consumer expectations, and the evolving labour shortage, Berkshire Grey's AI-powered robotic solutions fill the gap. The company offers a wide range of robotic automation solutions that can increase fulfilment throughput by up to 3X and improve labour efficiency by up to 70%. Logistex, an established leader in traditional material handling and warehouse management systems, is evolving their innovation portfolio through this partnership to help companies streamline processes, improve employee productivity, and deliver flexible solutions that scale.

"The demand for innovation to address operational challenges plaguing supply chains brought on by new connected consumer buying behaviours for eCommerce and omnichannel purchasing is very strong in the UK, and Berkshire Grey has the solutions the market needs to compete," said Neil Berry, SVP and General Manager for EMEA at Berkshire Grey. "Partnering with Logistex allows us to deliver a comprehensive robotic automation portfolio to more customers faster, accelerate the adoption of AI and robotics across the UK market, and enable joint customers to rapidly realise the value of robotic automation."

Berkshire Grey's Partner Alliance programme works with a select group of strategic partners to provide customers across Retail, eCommerce, 3PL, Grocery and Package Handling industries with scalable robotic solutions developed to improve fulfilment throughput while driving down operational costs. Berkshire Grey solutions deliver faster ROI than other providers in the industry and their partner programme enables them to team up with the best consultants, integrators, technology providers, and material handling leaders to extend its value-added solutions to customers.”

Energy solutions and robotics will lead the world forward

Begin the three upday candle portion of the reversal pattern, robotics company, companies are looking for robotics solutions

Wow what a discount, another 20 cents lower than the gap, robotics

Back to 2.34 gap before opportunity to surge higher again

Robotics stock down 80 - 90 % in 6 months in an economy that is increasingly automating processes

Robotics stock price decreases in a world switching to robotics solutions, in both an energy crisis and a hiring crisis, this robotics stock price decreased which would be a buying opportunity as undervalued for no reason.

Picked up 1000 shares today. What’s the scoop on this puppy?

About a month and a half away here from SP March trend higher imo

Bull trap this morning caught a few fish, gap up, then the same investor who bought up premarket will short the market at the open and buy back in before the close with the profits.

BGRY’s OTCMarkets SS is not updated, the actual OS is in the hundreds of millions, too many shares imo

Share Structure

Market Cap Market Cap
172,500,000
11/24/2021
Authorized Shares
Not Available
Outstanding Shares
28,750,000
03/17/2021
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
Not Available

https://www.otcmarkets.com/stock/BGRY/security

“As of November 11, 2021, the registrant had 223,934,574 shares of Class A common stock, par value $0.0001 per share, and 5,750,000 shares of Class C common stock, par value $0.0001 per share, issued and outstanding."

This stock does not have a low float and is not updated on OTCmarkets:

“ "
Merger Transaction

At the time of the Merger (as discussed in Note 3, "Merger"), each share of Legacy Berkshire Grey common and preferred stock was converted into the right to receive 5.87585 shares of the Company’s Class A common stock.

Class A Common Stock Warrants

As the accounting acquirer, the Company is deemed to have assumed 5,166,667 warrants for Class A common stock that were sold in a private placement to RAAC Management, LLC at an exercise price of $11.50 (“Private Placement Warrants”) and 9,583,333 redeemable warrants for Class A common stock held by shareholders of RAAC at an exercise price of $11.50 (“Public Warrants”). The Public Warrants became exercisable 30 days after the consummation of the Merger and will expire five years from the consummation of the Merger or earlier upon redemption or liquidation.



Subsequent to the Merger, the Private Placement Warrants and Public Warrants for shares of Class A common stock meet liability classification requirements since the warrants may be required to be settled in cash under a tender offer. Therefore, these warrants are classified as liabilities on the condensed consolidated balance sheet. As of September 30, 2021, no warrants have been exercised.



As of September 30, 2021, the following Warrants were outstanding:














Warrant Type



Exercise Price



Shares

Public Warrants



$11.50



9,583,333

Private Placement Warrants



$11.50



5,166,667

Total Warrants Outstanding







14,750,000




Redeemable convertible preferred stock – $0.0001 par value; nil shares authorized, issued, and outstanding as of September 30, 2021; and 188,353,093 shares authorized, 165,744,062 shares issued and outstanding as of December 31, 2020; aggregate liquidation preference of $239,447 as of December 31, 2020 (Note 9)





—







223,442



Stockholders’ equity (deficit):













Common stock – Class A shares, $0.0001 par value; 385,000,000 and 261,657,617 shares authorized, 222,597,413 and 28,292,106 shares issued, and 222,597,413 and 21,288,845 outstanding as of September 30, 2021 and December 31, 2020, respectively; Class C shares, par value $0.0001, 5,750,000 and nil shares issued and outstanding as of September 30, 2021 and December 30, 2020, respectively



As of November 11, 2021, the registrant had 223,934,574 shares of Class A common stock, par value $0.0001 per share, and 5,750,000 shares of Class C common stock, par value $0.0001 per share, issued and outstanding."

https://www.otcmarkets.com/filing/html?id=15346836&guid=a7ywk6ImV7wyvOh”

“ 6:41a ET 11/23/2021 - Benzinga
Credit Suisse Upgrades Berkshire Grey to Outperform, Raises Price Target to $10

Credit Suisse analyst John Walsh upgrades Berkshire Grey (NASDAQ:BGRY) from Neutral to Outperform and raises the price target from $8 to $10.”

Q4 partnership is key:

“ 8:00a ET 10/11/2021 - Benzinga
Berkshire Grey And Atos Partner To Bring An Automation-First Approach To Supply Chain Transformation

Berkshire Grey Inc. (NASDAQ:BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, and Atos today announced a partnership to accelerate automation of supply chain operations. Together, the two companies will bring Intelligent Enterprise Robotic solutions to retail, transportation, and logistics (RTL) customers, enabling them to overcome strained supply chains.

'Berkshire Grey and Atos believe digital transformation and robotics are two sides of the same coin for those looking to transform the supply chain for today's on-demand world,' said Neil Berry, SVP and General Manager for EMEA at Berkshire Grey. 'We look forward to working together to provide the holistic, flexible and cost-effective warehouse automation and supply chain transformation solutions our shared customers value in order to meet the needs of high velocity and high volume order fulfillment.'

This partnership between Berkshire Grey and Atos will enable retailers and logistics providers to integrate end-to-end intelligent robotic solutions within existing IT and operations ecosystems, helping them meet surging demand through enhanced supply chain visibility and automation with minimal manual intervention. Berkshire Grey's automated picking, mobility and orchestration solutions augment existing warehouse staff to increase throughput and productivity throughout the supply chain and maximize fulfillment flexibility and responsiveness. Atos will implement and integrate Berkshire Grey's AI-enabled robotic solutions into clients' complete supply chain ecosystems to ensure information flows across systems of record as smoothly as materials transition through the warehouse.

'Many organizations are considering implementing robotics and automation, but they struggle with implementing the transformative change needed to achieve the full benefits. Together, Berkshire Grey and Atos can provide retail, transportation and logistics clients with holistic solutions that meet their needs,' said Guillaume Beuscart, SVP Global Head of Retail, Transportation and Logistics at Atos. 'We look forward to working with Berkshire Grey as we integrate their AI-enabled robotic solutions with our retail transformation solutions to provide end-to-end supply chain transformation capabilities across the full value chain.'

With this partnership, Atos will become part of Berkshire Grey's Partner Alliance (BGPA) program as a Solutions Integrator Partner. The program includes a select group of strategic partners that provide customers with scalable robotic solutions developed to improve fulfillment throughput while driving down operational costs.

Atos and Berkshire Grey will be present at Parcel+Post Expo, the global event for the world's parcel delivery, eCommerce logistics and postal industries, in Vienna, Austria from October 12-14, 2021. For more information, visit atos.net/events.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.”

“7:06a ET 11/11/2021 - Benzinga
Berkshire Grey Secures $36M in New Orders

Berkshire Grey Inc. (Nasdaq: BGRY), the leader in AI-enabled robotic solutions that automate supply chain processes, today announced that it recently secured new orders of $36 million representing $25 million in repeat orders from a blue-chip anchor customer and $11 million from new customers (see separate release highlighting one of these new customers here). These orders increase the Company's total orders to-date to $184 million and increase backlog to its highest level yet to $113 million. The $25 million order represents yet another follow-on order for tens of solutions to be installed in different locations, with many more locations anticipated for future orders.

"Follow-on orders with blue-chip anchor customers are important indicators and align today's progress with our long-term growth plans. Our robotic picking and other automated systems are customer proven with demonstrated ROI. That, combined with today's need for automation across the supply chain continue to fuel business," said Tom Wagner, CEO, Berkshire Grey Inc. "We are excited by both our progress this year and that it aligns with our long-term growth trajectory."

Berkshire Grey's Intelligent Enterprise Robotics solutions enable enterprises to meet consumer expectations for on-demand delivery through intelligent robotic automation of eCommerce fulfillment, store replenishment and package handling. Combining proprietary AI, software and patented hardware, Berkshire Grey robotic systems include:

AI-enabled picking.AI-enabled mobility.System orchestration.Cloud monitoring and analytics.A full portfolio of professional services including manufacturing, installation, commissioning, maintenance, software updates, and operation.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.“

The real deal here imo.

Will become known as one of the great robotics companies imo

Share Structure

Market Cap Market Cap
160,425,000
11/19/2021
Authorized Shares
Not Available
Outstanding Shares
28,750,000
03/17/2021
Restricted
Not Available
Unrestricted
Not Available
Held at DTC
Not Available
Float
Not Available
Par Value
Not Available

Big potential here in robotics

Gonna be big here just got to be patient

BGRY breaking 7 bucks

BGRY a great supply chain play on the issues regarding the lack of warehouse workers!!!