Principal Mechanical Engineer

Symbotic's stock fell 24.5% in the first half of 2026 despite strong fundamentals, according to S&P Global Market Intelligence. The robotics company swung to a $9 million profit in Q2 from a $10 million loss a year earlier, with revenue growing 23%. However, investors reacted negatively when costs rose as the company deployed more warehouse automation systems, increasing from 46 to 70 units year-over-year. The higher expenses squeezed profit margins below market expectations. The sell-off intensified in May when SoftBank Group and affiliates sold 5.59 million shares at $50.41 per share, though SoftBank remains a major investor and partner. Symbotic secured Medline as its first customer outside food and grocery in April. The company's backlog stands at $22.7 billion, approximately 10 times its 2025 revenue.

Exol(TM) integrates GreyOrange for advanced intelligent orchestration across its robotic fulfillment-as-a-service network. By GlobeNewswire July 22, 2026 Integration reflects the continued evolution of Exol's automation-led logistics infrastructure, designed to expand access for companies of all sizes MENLO PARK, Calif., July 22, 2026 (GLOBE NEWSWIRE) - Exol(TM) today announced it has selected GreyOrange, a global leader in AI-powered warehouse orchestration and store inventory software, to power advanced intelligent orchestration across its robotic fulfillment network. The addition of GreyOrange reflects Exol's broader strategy of working with leading technology providers to build a software-defined, integrated logistics network that combines advanced robotics, intelligent orchestration, and AI-native infrastructure to support modern omnichannel fulfillment for companies of all sizes. "As we continue to build a robot-first fulfillment platform, we are intentional about integrating best-in-breed technologies that align with our long-term vision and deliver meaningful value for our customers," said Ashfaque Chowdhury, CEO of Exol. "Our selection of the GreyOrange orchestration platform supports our efforts to extend robotic automation across key workflows and continue driving innovation across our logistics infrastructure." Exol is expanding autonomous mobile robot (AMR) capabilities across targeted warehouse workflows, leveraging GreyOrange's vendor-agnostic GreyMatter orchestration platform. The technology enables more autonomous horizontal movement throughout the warehouse, streamlining how materials move to support more coordinated and efficient operations. These capabilities are designed to operate within Exol's broader software-driven architecture, contributing to a more adaptive fulfillment environment while supporting end-to-end system flow and operational consistency across the network. "Physical AI has changed what modern distributors expect from their warehouses' operational efficiency," said Akash Gupta, CEO of GreyOrange. "Exol and GreyOrange share a commitment to streamlining AMR operations with seamless orchestration that improves warehouse reliability. We're pleased Exol has selected GreyOrange as part of their fulfillment network and look forward to continued collaboration as the company scales its next-generation logistics network." To learn more about Exol's multi-client, robotic fulfillment-as-a-service network of sites across the U.S., visit www.exol.com. About Exol Exol is the Robotic Logistics Platform(TM)- the first provider to combine world-class robotic automation, an AI-native software platform, integrated transportation, and flexible commercial terms in a single offering. Backed by a $7.5 billion commitment from SoftBank Group and Symbotic, Exol is building and operating the physical AI infrastructure of modern commerce - so that any company can access enterprise-grade fulfillment as a service. Exol's nationwide network spans six facilities totaling six million square feet, with automated capacity across B2B, direct-to-consumer, and retail consolidation. The company's first facility in Atlanta is now operational. To learn more, visit www.exol.com. About GreyOrange GreyOrange, Inc., leads the industry in hyper-intelligent warehouse orchestration and store inventory management software. Its AI-powered GreyMatter and gStore solutions continuously optimize automation, inventory, and workforce management for some of the world's largest distributors, retailers and 3PLs. Through real-time visibility into all omnichannel nodes and the seamless orchestration of robotic agents, people, and systems, customers reduce their cost per unit, eliminate lost inventory, ensure worker safety and productivity, and enhance in-store experiences. Vendor-agnostic and compatible with diverse automation hardware via the Certified Ranger Network, GreyOrange solutions are delivered through its Certified Partner Network of system integrators. Founded in 2012, GreyOrange is headquartered in Atlanta with offices and partners across the Americas, Europe, and Asia. For more information, visit www.greyorange.com. Media Contact

292,000 bins and 525 robots: what Lululemon's new DC reveals about where warehouse automation is heading. July 17, 2026 Lululemon just flipped the switch on a 1-million-square-foot distribution center in Brampton, Ontario. Inside, 525 robots glide across an aluminum grid, pulling from 292,000 storage bins to deliver inventory to human workers at pick stations below. It's one of the largest automated distribution operations in North America, and it didn't happen by accident. The facility, which broke ground in 2023 and became fully operational in June 2026, was built with Element Logic as the integration partner and AutoStore's R5 pro robots as the backbone. The setup also includes roughly 24,000 linear feet of material handling equipment and an overhead monorail transport system. All of it is designed for one purpose: getting e-commerce orders out the door faster across the eastern U.S. and Canada. But this isn't just a story about one retailer building a big warehouse. It's a signal about where the broader industry is moving, and moving fast. The goods-to-person model is eating traditional picking. For decades, warehouse picking meant people walking to products. An associate would receive an order, grab a cart, and walk the aisles. In a large facility, that meant walking 10 to 15 miles per shift, with actual picking accounting for less than half of their time. The rest was travel, searching, and waiting. Goods-to-person (GTP) automation flips that equation. Instead of workers going to inventory, the inventory comes to them. In AutoStore's case, robots on a grid retrieve bins from a densely packed cube of storage and deliver them to ergonomic workstations where associates pick, pack, and ship. The productivity gains are substantial. GTP systems routinely deliver 2x to 4x the picks per hour compared to manual operations. And because the storage is vertical and dense (AutoStore claims up to 4x the storage density of traditional shelving), facilities can hold more product in a smaller footprint. The market reflects this shift. The goods-to-person robotics segment is projected at roughly $2.9 billion in 2026, according to Future Market Insights, and is expected to grow at a 14.1% compound annual growth rate through 2036. That's faster than the broader warehouse automation market, which itself is on a tear, with estimates ranging from $27 billion to $46 billion in 2026 depending on the research firm. Why AutoStore keeps winning deals. AutoStore isn't the only goods-to-person technology on the market. Exotec, Symbotic, Ocado, and Attabotics all compete in various forms of automated storage and retrieval. But AutoStore has built an installed base that's hard to ignore: approximately 1,950 systems running across 60-plus countries as of mid-2026, with more than 300 installations in North America alone. Several things explain the traction. Density. The cube storage design stacks bins on top of each other with no aisles, no wasted vertical space, and no gaps. In urban areas or expensive real estate markets, that density translates directly to cost savings. You can fit the equivalent of a 200,000-square-foot manual warehouse into 50,000 square feet of cube storage. Modularity. Unlike a conveyor-heavy system that requires months of reconfiguration to scale, AutoStore grids can be expanded by adding more bins, more robots, or more workstations. When seasonal demand spikes, you add robots. When it drops, you redeploy them. Lululemon's facility was clearly designed with this in mind. 525 robots across 292,000 bins gives them headroom to add capacity without ripping out infrastructure. Reliability. AutoStore reports 99.8% uptime across its installed base. The robots are relatively simple mechanically (they move on tracks, lower a gripper, lift a bin) and the grid itself has no moving parts. When a robot needs maintenance, another one takes over the route. There's no single point of failure. Speed to deploy. Traditional automated warehouses with conveyor sortation, shuttle systems, or crane-based AS/RS can take 18 to 24 months to commission. AutoStore installations typically go live in 6 to 12 months. For a retailer like Lululemon that broke ground in 2023, the roughly three-year timeline from construction start to full operation makes sense when you factor in the building itself. The cross-border wrinkle nobody's talking about. Here's the part of the Lululemon story that makes supply chain professionals wince. Five of the company's eight distribution centers sit in Canada, and the majority of its U.S. e-commerce orders are fulfilled from those Canadian facilities. That was a cost-effective model when de minimis exemptions allowed goods under $800 to enter the U.S. duty-free. That exemption is gone. The Trump administration's elimination of de minimis, combined with broader tariff actions, cost Lululemon $275 million in gross profit during fiscal 2025. That's not a rounding error. For context, the company's total revenue was around $10.6 billion that year. A $275 million hit to gross profit from trade policy alone is enough to reshape network strategy. This is exactly the kind of scenario that makes automation investments more, not less, attractive. If you're going to absorb tariff costs on cross-border fulfillment, you need every other part of the operation running as efficiently as possible. Higher picks per hour, fewer errors, faster cycle times, and lower labor cost per unit shipped all help offset the trade policy headwinds. The Brampton DC's automation isn't just about speed. It's about margin protection. And it raises a question that other retailers fulfilling across borders should be asking: does your distribution network still make sense under the current tariff regime? For some, the answer will be reshoring fulfillment to the U.S. For others, like Lululemon, it's doubling down on automation to make the cross-border model work despite higher costs. What this means for mid-market companies. It's easy to look at a 1-million-square-foot facility with 525 robots and think this only applies to companies with Lululemon's budget. That's not quite right. AutoStore's modular design means you don't need to start with 292,000 bins. Smaller installations with 20,000 to 50,000 bins and a few dozen robots are common in mid-market deployments. The technology scales down as well as it scales up. The economics have shifted, too. Labor costs in warehousing have climbed steadily since 2020, with average wages for warehouse workers up more than 25% in many markets. Turnover rates in distribution remain stubbornly high, often exceeding 40% annually. Every percentage point of turnover carries recruiting, training, and productivity costs that compound over time. For a mid-market distributor or 3PL running 100,000 to 300,000 square feet, GTP automation is increasingly penciling out at 2- to 4-year payback periods. That's within the range most CFOs will approve, especially when the alternative is competing for labor in a market that shows no signs of loosening. The integrator ecosystem has matured as well. Element Logic, Swisslog (which has delivered more than 400 AutoStore projects), and a growing network of regional partners mean companies don't need to manage the integration themselves. Implementation has become more turnkey than it was even three years ago. The bigger picture. Lululemon's Brampton DC is part of a larger pattern. Prologis, the world's biggest logistics warehouse operator, just reported that second-quarter lease signings hit a record 67 million square feet, with net absorption in the U.S. at the highest level since 2022. The warehouse market is heating up, and automation is a major driver. Companies aren't just building bigger warehouses. They're building smarter ones. AutoStore's spring 2026 product announcement introduced VersaAI, a robotic picking capability powered by AI models trained for warehouse environments. The direction is clear: today's GTP systems deliver bins to humans; tomorrow's will also handle the picking. For supply chain leaders evaluating their next move, the Lululemon deployment offers a few takeaways worth remembering. Goods-to-person automation works at massive scale. The technology is proven, with nearly 2,000 installations worldwide. Modularity means you can start smaller and grow. And in a world where tariffs, labor costs, and customer expectations are all moving in directions that punish inefficiency, the cost of not automating is starting to exceed the cost of doing it. The robots aren't coming. They're already on the grid.