DEPLOYDatabase

Company

Symbotic

Warehouse-automation company (NASDAQ: SYM; Wilmington MA) whose system pairs SymBot AMRs with vision-guided arms and storage structure; dominant via its…

Founded
2007
HQ
Wilmington, Massachusetts, USA
Status
NASDAQ: SYM

Appears inLogistics robots

Models

3

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Track Symbotic on Deploy.

We notify you when a verified state change lands on the record, not when the company issues a claim.

DEPLOY Index standings

Key facts

Founded

2007, Wilmington, Massachusetts

Founder

Rick Cohen (CEO, billionaire C&S Wholesale Grocers owner)

Product

Autonomous mobile robots for pallet and case handling; AI-driven warehouse orchestration; end-to-end automation for distribution centers

SPAC

Merged with SVF Investment Corp (SoftBank) 2022; ticker SYM; ~$5.5B valuation

Strategic

Walmart multi-year commercial agreement (2021-2030+) - automate regional distribution centers

Customers

Walmart, C&S Wholesale Grocers, Albertsons

Patents

Patents on autonomous pallet handling, case sorting, warehouse AI orchestration

Data & sources

Press releases

4

4 sources backing this record.View all →

Current platform

BreakPack

Symbotic's BreakPack (BP) Bot sorts less-than-full-case quantities into bins for partial-case fulfillment; inventory is placed on the bot at pick stations and transported to totes, handling items from ~1 to 60 lb across a wide size range.

amrView model →

Current platform

Symbot

Autonomous mobile robot for pallet handling in warehouses. Part of Symbotic automation platform.

amrView model →

Current platform

Symbotic System

Symbotic (NASDAQ: SYM) is a warehouse-automation company (Wilmington, Massachusetts; founder Rick Cohen) whose system combines fleets of SymBot autonomous mobile robots, vision-guided robotic arms, and a fixed storage structure, orchestrated by AI software to perform end-to-end case handling (depalletization, storage, palletization). It is the most heavily verified entity in the AMR cohort: SEC filings confirm a roughly $22.5 billion backlog, that Walmart accounts for about 85.6% of a recent quarter's revenue, and deployment across dozens of Walmart regional distribution centers, with additional customers including Albertsons, C&S Wholesale Grocers, Target, and the SoftBank GreenBox joint venture. In January 2025 (not 2026, correcting the dispatch) Symbotic acquired Walmart's Advanced Systems and Robotics business for $200 million plus up to $350 million contingent, alongside a separate $520 million Walmart-funded program for 400 Accelerated Pickup and Delivery systems. Maturity is commercial; it is a system rather than a single roaming robot.

amrView model →

Relationships

AAssociated Wholesale GrocersCustomerWWalmartCustomerWWalmartDeployerMMedlineCustomerAARMS InnovationsCo-developerVVeo RoboticsCo-developerFFox RoboticsCo-developerWWalmart (strategic)Investor

Claims ledger

Public, dated claims by Symbotic, each tracked against the evidence. Status is a DEPLOY assessment from primary sources: verified means an independent source confirms it; contradicted means one refutes it; open means the outcome is not yet determinable. Every entry keeps its verbatim quote and source so you can check the call yourself.

Claim Integrity: 100% (2 of 2 resolved claims verified; 3 tracked)
  • VerifiedCustomer · claimed 2026-01-01
    Walmart and Symbotic Expand Partnership to Implement Industry-Leading Automation System

    Symbotic system deployed across Walmart's 42 Regional Distribution Centers. Also deployed with Target and Albertsons. Revenue increased 98% to $1.18B in 2023. https://www.therobotreport.com/symbotic-riding-wave-of-logistics-automation-demand/

  • OpenCapacity · claimed 2026-01-01 · deadline 2029-12-31
    Symbotic's narrative projects $4.9 billion revenue and $455.1 million earnings by 2029

    $4.9B revenue by 2029 requires 27.2% yearly growth from current ~$1.2B. This is a forward-looking analyst projection, not a company claim. Achievable given Symbotic's growth trajectory but not yet verified.

  • VerifiedCapacity · claimed 2024-01-01
    Symbotic's revenue increased 98% to $1.18 billion in 2023 thanks to deals with Albertson's, Target and Walmart

    98% revenue growth to $1.18B in 2023 confirmed. Symbotic is publicly traded (NASDAQ: SYM). Financial results are SEC-filed and verified. Multiple major retail customers confirmed.

Disagree with a status? Symbotic can submit a correction with evidence and we log the response on the record. Methodology and the full industry ledger live at /stats/claim-integrity.

Explainers

Plain-language answers to the questions people ask about Symbotic, from DEPLOY’s explainer library. Each is written in the language of the question and cross-checked against this registry.

  • What is an autonomous mobile robot (AMR)?

    An autonomous mobile robot (AMR) is a robot that navigates dynamic environments without fixed paths, using onboard perception and planning to avoid obstacles and reach destinations. AMRs differ from automated guided vehicles (AGVs) which follow fixed routes, and from automated storage and retrieval systems (AS/RS) which operate on predefined grids. The category spans warehouse logistics (Symbotic, Locus, Geek+, Berkshire Grey, AutoStore, Ocado, MiR), captive industrial deployments (Amazon Robotics Fleet, Boston Dynamics Stretch), and hybrid grid-AS/RS+AMR systems. Per DEPLOY's framework, AMRs sit within the broader physical AI category alongside autonomous vehicles, humanoid robots, and AI-augmented industrial automation.

  • What is Symbotic?

    Symbotic is a US warehouse automation company that builds grid-AS/RS + free-roaming AMR systems for distribution center operations. The defining structural relationship is with Walmart: Walmart invested $520 million in Symbotic, acquired Symbotic's robotics-as-a-service subsidiary for $200 million in January 2025, and operates Symbotic systems across 42 distribution centers. Symbotic's $22.7 billion backlog is concentrated heavily in Walmart deployment, producing meaningful capability verification at scale alongside meaningful contract concentration risk.

Current leadership (6)

Founders (1)

Board (5)

Safety record

No incidents on record for Symbotic.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

Symbotic in third-party press

Peer companies