Exotec Reaches $1 Billion in Systems Sold 

March 12, 2024

This present day, Exotec®︎, a world warehouse robotics provider, announced that it has equipped over $1 billion in systems globally, one amongst the fastest materials handling companies to reach the milestone. This achievement illustrates the immediate adoption of the Exotec expertise since its founding in 2015 because it continuously expands its headcount, reinvests into fresh alternate options and reaches fresh markets internationally.

“Reaching the milestone of $1 billion in systems equipped globally presentations that our plot to warehouse automation is differentiated and strongly resonates with our prospects,” says Romain Moulin, CEO and Co-Founder at Exotec. “We’re reinventing an industrial that has traditionally relied on legacy automation that is static to industrial fluctuations, exhausting to aid and pricey to integrate. Our endured instruct is proof that flexibility and reputable efficiency are paramount for provide chain leaders in every single converse.”

“Exotec has confirmed its skill to attain gigantic-scale tasks and lift excellent fee to clients. This has enabled the firm to lengthen its footprint, deepen its relationship with gigantic clients and grow revenues. We predict about the firm is well positioned for future instruct given the continuing must bring expertise and automation to the world warehouse industrial,” said Christian Resch, partner in Suppose Fairness at Goldman Sachs Asset Administration.

Main brands devour Gap Inc., Decathlon, and UNIQLO trust and make investments in Exotec’s signature Skypod® arrangement to abet climate irritating industrial fluctuations.

Key highlights of Exotec’s roam to $1 billion in systems equipped:

• World Growth: The firm no longer too prolonged ago expanded its presence into entirely fresh markets at the side of Eastern Europe and South Korea, and likewise opened a producing facility in Croix, France which supports the right fashion of its product roadmap. Reaching over 100 customer web insist globally, the firm has skilled file industrial instruct across key regions devour APAC, Europe, and North The usa.

• Increased Headcount: To abet crimson meat up its increasing customer putrid internationally, Exotec has grown its world headcount 80% over the past year reaching 850+ workers globally. Here is in stark disagreement to the comfort of the matter matter handling industrial which diminished in size in 2023.
• Reinvesting in R&D: Exotec closely re-invests in the compare and fashion of most modern alternate options (10% of its annual earnings), in inform to aid a competitive pipeline of most modern innovations that address its prospects’ most pressing distress points. In 2024, Exotec plans to recruit shut to 100 R&D professionals globally.

Exotec is a world warehouse robotics firm powering the sector’s perfect brands. The firm combines the better of hardware and application to produce trim warehouse robotic systems that power operational efficiency, add resiliency, and enhance working situations for warehouse operators. 50+ industrial-main brands at the side of Gap Inc., Carrefour, Decathlon, and Uniqlo trust Exotec to enhance their operations across 100+ web insist worldwide.