The company has been recognized as a state-level "little giant" tech startup and a "quasi" unicorn in Hangzhou.
Across China, there is an estimated shortage of around 500,000 forklift drivers willing to work in cold chain warehouses and other storage facilities, the Shenzhen-based Yueshi Robot said.
The company is looking to build an automated factory and production base in these two areas, with the facility in Shandong measuring 12,000 sqm, and the one in Chongqing sitting on 5,000 sqm of land.
As an alternative to current patterns of order picking and retrieval, the technologies provided by MagicStore promise to slash warehousing costs by limiting the order picking, palletizing and depalletizing activity mostly vertically.
RoboticsAlpha, whose Chinese name literally translates as "solid as a rock," claims to have realized truly multi-dimensional navigation for its AMRs based on an infusion of lidar and deep learning visual technologies.
Seer describes this AGV as an all-rounder for the full range of pallets, racks and cages it can carry. It recognizes objects from multiple angles thanks to high-definition cameras.