Symbotic Acquires Veo Robotics to Enhance Efficiency and Safety Innovation

Symbotic Integrates Patented FreeMove Intelligent 3D Vision System from Veo Robotics to Improve Efficiency and Safety Collaborative Industrial Robot Workcell Innovation

WILMINGTON, Mass., Aug. 09, 2024 (GLOBE NEWSWIRE) — Symbotic Inc. (Nasdaq: SYM), a leader in AI-driven supply chain robotics technology, announced that it has acquired substantially all of the assets of Veo Robotics, an innovator in intelligent safety for industrial robots. Assets acquired under the agreement include the FreeMove 3D depth-sensing computer vision system for industrial work cells and all related intellectual property. By integrating FreeMove into its robotic warehouse automation system, Symbotic expects to increase productivity with more dynamic, flexible human-machine collaboration.