FedEx purchasing $200M of Berkshire Grey robots - The Robot Report

Berkshire Grey and FedEx Corp. announced they have expanded their strategic relationship. Berkshire Grey and FedEx have expanded their strategic relationship. The companies have entered into an agreement for new development activities that will provide broader robotic capabilities to help FedEx improve the safety and efficiency of its package handling operations globally. The two companies also expect to execute a master system purchase agreement in 2022, which will streamline and expedite the procurement process for Berkshire Grey solutions across all FedEx operating companies globally. Additionally, Berkshire Grey has granted FedEx a warrant to purchase common stock.