How Locus Robotics Plans to Build a Successor to Amazon's Kiva Robots

In 2012, Amazon bought Kiva Systems for just over three quarters of a billion dollars, securing for itself virtually the entire large-scale robotic logistics market all at once. This was a particular problem for existing Kiva customers, including Quiet Logistics, who used Kiva robots to support centralized warehouse operations for a variety of clients. Once Quiet Logistics' contract with Kiva ran out, they'd need to find some new robots. Recognizing the enormous value that Kiva robots provided and the potential of the void that suddenly existed, a bunch of companies began to target the robotic warehouse fulfillment space. There's Adept, Fetch, Clearpath, IAM Robotics, and Magazino, to name just a few.