An automated storage and retrieval system is a technology used in warehouses and distribution centers to automatically store and retrieve goods with minimal human involvement. It combines software, conveyors, cranes, shuttles, and robotics to handle inventory efficiently and accurately. ASRS solutions help businesses save space by using vertical storage and reduce errors caused by manual handling. They are commonly used in logistics, manufacturing, e-commerce, and cold storage facilities where speed and precision matter. By automating repetitive storage tasks, ASRS improves throughput, safety, and overall operational efficiency.
Addverb Technologies, backed by Reliance Industries and currently ranked outside the global top 30 in robotics by revenue, is raising more than $100 million to develop humanoid and quadruped robots, build AI training systems, and expand internationally as it targets a top-10 global ranking within five years.
Google DeepMind has launched a three-month robotics accelerator program for early-stage European startups, selecting 15 companies spanning industrial automation, healthcare robotics, waste sorting, ocean autonomy, and neurosurgery for mentorship and access to Gemini robotics models.
South Korean builder GS E&C has signed an MOU with Daedong Robotics to deploy autonomous mobile robots at construction sites, beginning with pilot projects for material transportation and labor-intensive tasks before jointly developing construction-specific robot models.