Warehouse
FedEx and Berkshire Grey expanded their deal. FedEx Ground was to use its robots to sort small parcels, and FedEx got the right to buy shares if it ordered at least $200 million of its products and services.
A dated step forward on the record · Sets Berkshire Grey robotic picking and sorting's stage
What the source says
“Berkshire Grey and FedEx Corp. announced they have expanded their strategic relationship.”
What it means
Berkshire Grey robotic picking and sorting, from Berkshire Grey, is at stage 4 of 5 on our ladder: paying customers. This event is one of the milestones that placed it there.
Human help: Our sources report it working without human help.
More on Berkshire Grey robotic picking and sorting
- Berkshire Grey opened a customer centre in Haarlem, near Amsterdam, to grow in Europe.
- FedEx began a pilot of Scoop, Berkshire Grey's robot that unloads parcels from trailers, with the first systems due to run later in 2026.
- SoftBank, which already owned 29% of the company, agreed to pay $375 million for the rest, taking it private.
- Berkshire Grey's shares fell from $10 at listing to just over $1.
- Berkshire Grey went public on the Nasdaq stock market by merging with a SPAC (a listed shell company).