Co-Op Software Engineer
About the job
- Currently pursuing degree in a Computer Science or other related discipline required
- Able to demonstrate strong programming skills in a language of choice but be willing to learn C#
- Experience with source control (git), software testing frameworks , and CI/CD pipelines (Jenkins)
- Enjoys learning new technologies, skills, and techniques as well as teaching them to others
- Containerized development (Kubernetes, Docker, etc.)
- Work in an agile/scrum team to deliver our internal tools - Tools include a tool that plays back Symbot log files in a 3D view and a tool to use the Symbot to verify the construction of the Symbotic Structure
- Develop new features
- Support Deployments/Commissioning sometimes off hours
About the company
What Symbotic does: Symbotic develops and provides automated supply chain solutions by combining proprietary robotics hardware with software to help manufacturers, distributors, and retailers move goods faster and more efficiently. How its product works: The company offers an integrated system that includes robotic hardware and software, deployed into warehouses and other facilities, with ongoing implementation, maintenance, and support to run automated processes that manage inventory, picking, sorting, and logistics tasks. How it differs from competitors: It provides an end‑to‑end automation platform that tightly integrates hardware, software, and services in a single solution, focusing on delivering turnkey deployments and sustained support rather than standalone equipment. What its goal is: To make supply chains faster, more efficient, and more profitable for its customers.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Wilmington, Delaware
Founded
2007
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Simplify's Take
What believers are saying
- Q3 fiscal 2026 revenue reached $721 million on August 5, up 22% year over year.
- Adjusted EBITDA doubled to $95 million, and net income turned positive.
- Backlog totaled $22.5 billion, with 77 systems in deployment and 56 operational.
What critics are saying
- Judge Denise Casper let Decker v. Symbotic partly survive on July 23, 2026.
- The lawsuit targets revenue recognition, deployment timing, and internal controls through February 2025.
- Exol supplies $11.6 billion of backlog; any Walmart or SoftBank pullback crushes revenue.
What makes Symbotic unique
- Walmart still anchors Symbotic, with BreakPack live at half its regional distribution centers.
- Exol's warehouse-as-a-service model adds recurring software and services revenue beyond system installs.
- Symbotic's AI robotics stack now spans systems, software, and operations services.
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Benefits
Professional Development Budget
Flexible Work Hours
Company News
Symbotic has acquired cellumation, a Bremen-based automation company behind the celluveyor, a patented, software-driven sortation system. The announcement came on October 13, 2026. No financial terms were given. The celluveyor uses hundreds of independently controlled, omnidirectional cells that move items in any direction. Symbotic says it will handle more products with higher throughput in a fraction of the space conveyors need, and could cut equipment costs. cellumation, founded in 2017 and employing more than 70 people, will keep its name and Bremen headquarters. Co-founders Hendrik Thamer and Claudio Uriarte will stay on to lead it. The deal follows Symbotic's purchases of ARMS Innovations and Fox Robotics, and strengthens its presence in Europe.
Symbotic announces acquisition of cellumation, advancing next-generation sortation technology for the global supply chain. October 13, 2026 06:00 ET | Source: Symbotic LLC Acquisition adds the celluveyor(TM), a software-driven sortation platform that replaces traditional conveyor infrastructure with intelligent, omnidirectional movement, enabling greater density, throughput, and efficiency cellumation will continue to operate under its own name from its headquarters in Bremen, Germany, serving its global customer-base while accelerating Symbotic's expansion across Europe WILMINGTON, Mass. and BREMEN, Germany, Oct. 13, 2026 (GLOBE NEWSWIRE) - Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced the acquisition of cellumation GmbH (cellumation), a Bremen, Germany-based automation company and creator of the celluveyor, a patented, software-driven sortation technology. Beyond the Conveyor: A Denser, Smarter Symbotic System The celluveyor is made up of hundreds of independently controlled, omnidirectional cells. Each cell can move an item in any direction, meaning the celluveyor does not simply move products; it decides where products should go while moving them. By replacing traditional conveyor-based sortation with this intelligent, software-driven surface, Symbotic expects to deliver more throughput and handle a wider range of products in a fraction of the space traditional conveyors require. The technology - a key enabler for the next generation of inbound and outbound robotic cells - is a natural fit with Symbotic's roadmap: it will enable Symbotic to simplify cell architecture and free up critical warehouse space for more storage and other high-value uses, with the potential to reduce capital equipment costs. "cellumation's technology is a game-changer," said Rick Cohen, Chairman and CEO of Symbotic. "By bringing the celluveyor into the Symbotic portfolio, we are accelerating our ability to help customers achieve higher performance, better space utilization, and lower system costs while continuing to push the boundaries of physical AI across the supply chain." A Platform for the Entire Industry cellumation's technology is particularly relevant in industries and markets where facility footprints are constrained and efficient use of space is increasingly critical. The technology is already proving its compelling value in live deployments for postal, e-commerce, and logistics operators worldwide. To that end, cellumation will continue operating under its own name, serving its existing customers and growing its business - in addition to being integrated into Symbotic's systems. Said Cohen: "Building on our recent acquisitions of ARMS Innovations and Fox Robotics, this transaction brings another diversified, standalone product into Symbotic's portfolio - one that will be sold both directly to customers and other integrators, and integrated into Symbotic's solutions." "From the beginning, our vision has been to create a completely new category of material flow technology," said Dr.-Ing. Hendrik Thamer, Co-Founder and Chief Executive Officer of cellumation. "Joining Symbotic provides us with the resources, scale, and strategic partnership needed to accelerate that vision globally. Just as importantly, cellumation will continue serving customers across multiple industries, bringing the benefits of the celluveyor to organizations wherever it can create value." cellumation's founding team - both Thamer and Co-Founder and Chief Technology Officer Dr.-Ing. Claudio Uriarte - will remain with the company and continue to lead its operations. Accelerating Symbotic's Push Into Europe The acquisition also strengthens Symbotic's presence in Europe. cellumation brings a proven track record of automation deployment across the region, established customer relationships, an experienced local leadership team, and accomplished regional organization. ABOUT SYMBOTIC Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world's largest retail, wholesale, food & beverage, and medical supply distribution companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit symbotic.com. ABOUT CELLUMATION GMBH cellumation GmbH, based in Bremen, Germany, develops and produces highly innovative, intelligent conveyor systems for intralogistics. Founded in 2017, the company has established itself as a pioneer in flexible and space-saving conveyor technology with its celluveyor (short for "cellular conveyor"). The technology is based on modular, hexagonal conveyor cells with omnidirectional wheels that can be individually controlled, enabling maximum efficiency in material flow - ideal for industries such as logistics, manufacturing, and e-commerce. With over 70 employees and an internationally growing presence, cellumation is driving the future of automation forward. For more information, visit cellumation.com. FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Generally, statements that are not historical facts, including statements concerning possible or assumed future actions, business strategies, events, backlog, or results of operations, are forward-looking statements. These statements may be preceded by, followed by or include the words "will," "believes," "estimates," "expects," "projects," "forecasts," "may," "should," "seeks," "plans," "scheduled," "anticipates," or "intends" or similar expressions. These forward-looking statements include, but are not limited to, statements about Symbotic's acquisition of cellumation. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on November 24, 2025. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. Symbotic is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Symbotic has filed or will file from time to time with the SEC. INVESTOR RELATIONS CONTACT Charlie Anderson, Vice President, Investor Relations & Corporate Development [email protected]
Symbotic, a warehouse automation company, had a backlog of $22.5 billion as of June. That is more than 30 times the quarter's revenue and nearly 10 times this year's expected revenue of $2.8 billion. Revenue is projected to grow 30% to $3.63 billion next year. Walmart, which helped create the company, is its largest customer and a major shareholder. Albertsons and Target are also adopting its AI-enabled systems. Symbotic makes robotic arms that pick, place, and pack goods, and self-driving carts that move heavy loads. Global Market Insights expects the warehouse robotics market to grow 23.1% a year through 2034, reaching $117.3 billion. Shares have fallen since late last year. Analysts' consensus price target of $62.86 is 45% above the current price.
Symbotic (NASDAQ:SYM) director sells $86,340.00 in stock. October 5, 2026 Key points. * Director Charles Kane sold 2,000 Symbotic shares for $86,340 at an average price of $43.17, reducing his direct holdings by 2.18% to 89,852 shares. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan. * Symbotic shares recently traded at $42.87, down 0.9%, with a market capitalization of approximately $25.93 billion. The stock has ranged from $37.68 to $87.88 over the past year. * Analyst sentiment is mixed, with seven Buy, five Hold and two Sell ratings; the overall consensus is Hold, with a $65.45 target price. The company's latest quarter showed 21.7% year-over-year revenue growth, although earnings per share missed estimates. * Interested in Symbotic? Here are five stocks we like better. Symbotic Inc. (NASDAQ:SYM - Get Free Report) Director Charles Kane sold 2,000 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $43.17, for a total transaction of $86,340.00. Following the completion of the transaction, the director directly owned 89,852 shares in the company, valued at $3,878,910.84. This trade represents a 2.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Charles Kane also recently made the following trade(s): * On Tuesday, September 1st, Charles Kane sold 2,000 shares of Symbotic stock. The stock was sold at an average price of $39.00, for a total transaction of $78,000.00. * On Monday, August 3rd, Charles Kane sold 2,000 shares of Symbotic stock. The stock was sold at an average price of $43.21, for a total transaction of $86,420.00. Symbotic stock down 0.9%. NASDAQ SYM traded down $0.41 during trading hours on Monday, hitting $42.87. The company's stock had a trading volume of 1,363,790 shares, compared to its average volume of 1,585,654. Symbotic Inc. has a twelve month low of $37.68 and a twelve month high of $87.88. The firm has a market capitalization of $25.93 billion, a P/E ratio of 476.33, a PEG ratio of 4.81 and a beta of 1.97. The stock has a fifty day moving average of $42.19 and a 200 day moving average of $46.62. Symbotic (NASDAQ:SYM - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.09 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.04). The business had revenue of $720.84 million for the quarter, compared to analyst estimates of $715.03 million. Symbotic had a return on equity of 1.40% and a net margin of 0.48%.Symbotic's revenue was up 21.7% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.05) EPS. On average, analysts predict that Symbotic Inc. will post 0.21 earnings per share for the current year. Analyst ratings changes. A number of equities research analysts recently commented on SYM shares. Weiss Ratings upgraded Symbotic from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, September 21st. Zacks Research upgraded Symbotic from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 5th. Barclays decreased their target price on Symbotic from $44.00 to $38.00 and set an "underweight" rating for the company in a research report on Tuesday, September 8th. Needham & Company LLC lowered their price target on Symbotic from C$75.00 to C$60.00 and set a "buy" rating for the company in a research note on Tuesday, September 15th. Finally, Robert W. Baird set a $51.00 price target on shares of Symbotic in a research report on Thursday, August 6th. Seven equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Symbotic has an average rating of "Hold" and a consensus target price of $65.45. Discover more Stock split calculator Stock profit calculator Derivatives Institutional trading of Symbotic. A number of large investors have recently bought and sold shares of SYM. Concurrent Investment Advisors LLC lifted its stake in Symbotic by 5.2% in the second quarter. Concurrent Investment Advisors LLC now owns 5,811 shares of the company's stock valued at $261,000 after buying an additional 287 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Symbotic by 5.4% during the first quarter. International Assets Investment Management LLC now owns 5,844 shares of the company's stock worth $320,000 after acquiring an additional 300 shares during the period. QRG Capital Management Inc. raised its holdings in shares of Symbotic by 7.2% during the second quarter. QRG Capital Management Inc. now owns 5,100 shares of the company's stock worth $229,000 after acquiring an additional 344 shares during the period. IAG Wealth Partners LLC lifted its position in Symbotic by 29.4% in the 1st quarter. IAG Wealth Partners LLC now owns 1,752 shares of the company's stock valued at $93,000 after acquiring an additional 398 shares in the last quarter. Finally, Midwest Professional Planners LTD. lifted its position in Symbotic by 8.7% in the 2nd quarter. Midwest Professional Planners LTD. now owns 5,308 shares of the company's stock valued at $239,000 after acquiring an additional 423 shares in the last quarter. About Symbotic. Symbotic Inc is a technology company that develops automation systems for warehouse and supply-chain operations. Its platform combines artificial intelligence, robotics, software and high-speed material-handling equipment to automate the movement, storage and retrieval of goods within large distribution centers. The company's solutions are designed to manage products from inbound receiving and pallet depalletizing through storage, replenishment, order assembly and outbound shipping. Symbotic's systems use autonomous robots and software to organize inventory and build store-ready orders, helping retailers and other supply-chain operators improve warehouse utilization, throughput and operational consistency. Symbotic primarily serves large retail and grocery distribution networks, with deployments concentrated in North America. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Symbotic, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Symbotic wasn't on the list. While Symbotic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. AI spending is reshaping the market, and the opportunity extends far beyond the biggest chipmakers. 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The overlooked robotics play: three stocks solving real problems. The robotics revolution isn't primarily about humanoid robots that look and move like humans. It's about automating the thousands of repetitive, dangerous, and inefficient tasks that factories, warehouses, and distribution centers handle daily. Three companies are already generating substantial revenue from this less glamorous but far more immediate opportunity, each serving a different layer of the robotics ecosystem. The robotics industry is projected to reach $5 trillion by 2050, but the real near-term opportunity lies in solving immediate industrial automation problems today - not speculating on humanoid technology breakthroughs years away. Material handling, warehouse automation, and the sensors enabling all robotics functionality represent addressable markets generating revenue today and experiencing explosive growth. Teradyne: the material handler with enormous upside. Teradyne manufactures robots designed for two specific purposes: transporting materials within warehouses and manufacturing environments, and executing repetitive physical tasks through collaborative robotic arms. These aren't flashy humanoid systems - they're practical solutions to specific operational problems that enterprises desperately need solved. What makes Teradyne particularly interesting is scale. Robotics currently represent less than 10% of the company's year-to-date revenue despite the industrial robotics market projected to grow at 13.3% annually through 2034, reaching $60 billion annually. Teradyne did $3.9 billion in total business last year, with only $308 million from robotics. That gap represents enormous potential upside if the robotics division captures even a fraction of the projected market growth. The company's broader portfolio in electronics and testing solutions provides stability while the robotics business scales. For investors seeking exposure to robotics growth without betting everything on emerging humanoid technology, Teradyne offers a more grounded approach backed by an established, profitable business. Symbotic: Walmart's automation partner with $23 billion in backlog. Symbotic operates in warehouse automation - helping retailers manage massive inventory across sprawling distribution networks. Walmart is both the company's largest customer and a major investor, holding approximately 40% of Symbotic's shares. That Walmart concentration might seem risky at first glance, but context matters. Walmart handles merchandise at scales that make automation not just desirable but economically essential. The company's massive capital resources and need to automate create genuine, sustained demand for Symbotic's solutions. That demand has translated into $23 billion in backlog - revenue the company is contractually committed to deliver. Recent results validate this opportunity: revenue grew 22% year over year in the most recent quarter, with the company on pace for 25% annual growth. Symbotic is on track to report $2.8 billion in revenue for fiscal 2026, up from prior-year figures. The company isn't dependent solely on Walmart despite that customer's dominance - Target and Albertsons are also customers, yet none of them threaten Walmart directly. Walmart's ownership stake actually ensures the company will support Symbotic's expansion into other retailers. Vishay precision group: the sensor enabler for all robots. Vishay doesn't build robots. It builds the sensors that allow robots to function effectively - pressure/force sensors that enable robotic arms to grip objects with appropriate force, weighing sensors, laser-optical inspection solutions, and more. The company supplies sensors for everything from data centers to surgical robots to fighter jets to Tesla's Optimus. This positioning makes Vishay a pure play on robotics proliferation regardless of which specific robots ultimately dominate. Whether humanoid robots succeed or industrial robots capture the market, they all need sensors to operate effectively. Vishay's technology is foundational to robotics functionality. The company is small - less than $1 billion in market capitalization with $307 million in annual revenue. That small scale creates challenges: thin profit margins, occasional losses, and minimal analyst coverage. Yet two analytics firms (B. Riley and Lake Street) have recently initiated coverage with strong buy ratings and a consensus price target of $93.33 - roughly 35% above current prices. Vishay's speculative nature appeals only to risk-tolerant investors, but the upside potential is substantial if robotics adoption accelerates as expected. The practical robotics opportunity. The real near-term robotics opportunity lies in solving immediate industrial automation problems. Material handling, warehouse automation, and the sensors enabling all robotics functionality represent addressable markets generating revenue today - not speculative opportunities waiting for technology breakthroughs. These three companies are already executing in those markets, experiencing 20%+ growth, and positioned to benefit from industry tailwinds. They offer more established value propositions than betting on emerging humanoid timelines, yet they remain far less visible to retail investors focused on more famous robotics players. Next: