AutoStore

AutoStore (OSE: AUTO) is a Norwegian warehouse automation technology company that invented and continues to pioneer cube storage automation. Founded in 1996, AutoStore is headquartered in Nedre Vats, Norway, with offices across Europe, North America, and Asia. The company reported annual revenue of USD 645.7 million in 2023.

AutoStore's core product is a robotic storage and retrieval system consisting of an aluminum grid, robots, bins, ports, and a controller. The system uses robots to retrieve and deliver storage bins to workstations, maximizing storage density and order fulfillment efficiency. Key features include:

• Grid: An aluminum framework that can be customized to fit various spaces

• Robots: Battery-powered units that move along the grid to retrieve bins

• Bins: Modular containers available in different sizes to store inventory

• Ports: Workstations where operators pick items from retrieved bins

• Controller: Software that coordinates robot movements and inventory management

AutoStore has deployed over 1,400 systems across 54 countries, serving over 1,000 customers in industries like retail, ecommerce, healthcare, and automotive. The company continues to innovate, recently introducing products like the R5 robot with improved battery efficiency and the PickUpPort for automated customer order pickup.