#symbotic

All articles tagged with "symbotic"

Manifest 2026: Apptronik Nears $1B, Boston Dynamics CEO Exits

The Manifest supply chain conference highlighted major robotics industry shifts, including Apptronik's $520M raise, Symbotic's acquisition of Fox Robotics, and a leadership change at Boston Dynamics.

Key Takeaways

Apptronik raised $520M in Series A-X funding, bringing total capital to nearly $1 billion for Apollo humanoid robot production
Symbotic acquired autonomous forklift maker Fox Robotics, with both companies sharing Walmart as a major client

DT Editorial Team·Feb 14, 2026·2 min read·via therobotreport.com

Symbotic Acquires Fox Robotics, Betting Autonomous Forklifts Will Open Doors to New Customers

Warehouse automation giant Symbotic is buying autonomous forklift maker Fox Robotics to diversify beyond its core system and reduce its heavy dependence on Walmart, which accounts for the vast majority of its revenue.

Key Takeaways

Symbotic acquires Fox Robotics to sell autonomous forklifts to new customers
Both companies share Walmart as a key client, which drives ~90% of Symbotic revenue

DT Editorial Team·Feb 12, 2026·3 min read·via therobotreport.com