Symbotic (NASDAQ:SYM), Inc. is a technology firm specializing in robotics-based automation solutions for warehouse and distribution center operations. Founded in 2007 and headquartered in Wilmington, Massachusetts, the company develops integrated hardware and software systems designed to optimize supply chain throughput, reduce labor costs and increase operational efficiency for large-scale retail and grocery fulfillment networks.
The company’s flagship platform combines autonomous mobile robots, machine-vision systems, automated storage and retrieval modules, and cloud-based orchestration software. Symbotic’s robots are capable of palletizing, case picking, depalletizing and transporting goods through high-density storage aisles. The platform leverages artificial intelligence and advanced data analytics to dynamically manage inventory flow, track product movement and adapt to changing order profiles in real time.
Symbotic serves major retailers, wholesalers and food distributors across North America, partnering with customers to design, build and operate customized automation deployments within existing or new distribution facilities. Its clientele includes leading grocery chains and consumer packaged goods distributors seeking to meet growing e-commerce demands and optimize brick-and-mortar replenishment.
In early 2023, Symbotic completed a merger with a special purpose acquisition company, becoming publicly traded on the NASDAQ under the ticker SYM. The company is led by Chairman and CEO Rick Cohen, who brings decades of experience in supply chain and automation technologies. Under his direction, Symbotic continues to expand its footprint and refine its integrated robotics offerings for the evolving needs of modern supply chains.
