Symbotic (SYM) announced it will roll out new battery technology from Nyobolt for its SymBot autonomous mobile robots. The technology will enable improved performance and durability for Symbotic’s industry-leading warehouse automation system. “As Symbotic continues to transform warehouse automation, we’re proud to power that revolution. Nyobolt’s high-performance batteries ensure Symbotic’s autonomous robots never stop moving,” said Sai Shivareddy, Founder and CEO at Nyobolt. “Together, we’re accelerating progress by optimizing 24/7 operations and setting a new standard for speed and efficiency while delivering long life cycles.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SYM:
- Symbotic downgraded to Sell from Neutral at UBS
- Sell Rating for Symbotic Due to High Valuation and Growth Concerns Amid Competitive Pressures
- Devon, SentinelOne, Symbotic, Diamondback, Generac: Trending by Analysts
- Symbotic announces Andrew Ross joins board of directors
- Symbotic Expands Board with New Appointment