AutoStore signs global supply agreement with Amazon

AutoStore has signed a strategic supply agreement with Amazon, establishing a framework through which the e-commerce giant can procure AutoStore automation systems globally. The agreement sets out terms for the future supply of AutoStore products and solutions to Amazon, potentially expanding the relationship between.

However, AutoStore emphasized that the agreement does not currently commit Amazon to purchasing any particular quantity of equipment. No financial terms, potential order volumes, deployment locations or timetable for future installations were disclosed.

What Happened

The agreement is nevertheless notable given the enormous scale of Amazon’s fulfillment and logistics operations and its extensive use of robotics and automation across its global distribution network. For AutoStore, the agreement creates an established commercial framework under which future systems could.

• AutoStore says approximately 2,000 of its systems are now installed across 68 countries.

• While the announcement stops well short of confirming a major Amazon order, it establishes the mechanism through which considerably larger deployments could follow.

• The strategic supply agreement with Amazon was announced on August 13, with AutoStore classifying the development as inside information under the EU Market Abuse Regulation.

Key Details

The company increasingly describes its offering in terms of “Intelligent Fulfillment”, combining automation, software and AI to manage and optimize fulfillment operations.

• The Norwegian company has expanded significantly as retailers, logistics companies and manufacturers have invested in higher-density automated fulfillment.

• AutoStore develops automated storage and retrieval systems in which robots travel across the top of a dense aluminum storage grid, retrieving inventory bins and delivering them to workstations for picking and replenishment.

What Reports Say

Coverage of the story so far points to:

• Continued reporting by Robotics & Automation News as more details emerge