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The M5 robots are capable of transporting totes efficiently throughout warehouses for seamless order selection purposes. | Supply: Quicktron Robotics
Quicktron Clever Expertise Co. In its latest collection round, final month announced that it has secured over $100 million in funding, marking a significant milestone for the company. The cell robotic supplier intends to leverage the funding to expand its global presence, while simultaneously enhancing its products and customer experience.
As global demand for innovative warehouse management and logistics solutions persists, Quicktron is poised to leverage this funding to fortify its foothold in strategic overseas markets and enhance its international service offerings. “We will accelerate technological advancements, meticulously crafting solutions that cater to local customers’ needs, delivering highly tailored intelligent options, and solidifying Quicktron’s prominent position in the global smart logistics sector.”
The corporation stated its advanced storage and goods-to-person picking system, combining bin robots with transportation programs, aims to address inefficiencies in manual operations for tasks such as breakaway selecting, SKU returns, and high inbound and outbound flows. Quicktron claims it “aspires to become a global leader in hybrid on-site logistics automation, offering more efficient and precise logistics automation solutions.”
The Shanghai-based company asserts its ability to bring forth robust technical capabilities and profound industry-specific expertise to sectors such as, manufacturing, logistics, and third-party logistics (3PL), thereby empowering these industries.
Cellular robots are deployed worldwide
By the end of 2014, Quicktron had successfully launched its autonomous cell robot technology across multiple continents, with deployments spanning Europe, South America, North America, Japan, South Korea, Australia, and Southeast Asia. The M-Collections within it provide three sequences of Annual Maintenance Reports.
Automated Mobile Robots (AMRs) slide beneath totes and racks, lifting them off the floor to enable efficient movement throughout warehouses. The road is comprised of four robots, each capable of carrying payloads ranging from 50 kilograms (110.2 pounds) to 1,500 kilograms (3,306.9 pounds).
As a subsequent step, the corporation’s automated material handling systems (AMRs) will deploy robots specifically designed to excel in storage and retrieval operations. Can these towering robots effectively retrieve and secure individual tote bags from elevated storage spaces?
Lastly, Quicktron’s line of automated forklifts is available.
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As Quicktron looks to scale up its operations and further solidify its position in the market, the company is exploring multiple avenues to secure necessary funding.
Quicktron revealed its initial intention after securing a successful funding round is to expand its international presence. The corporation intends to further expand its international presence by speeding up the rollout of its products worldwide.
To further expand its global footprint, Quicktron intends to strengthen ties with local partners abroad, fostering deeper collaborations to better understand the needs of regional customers and deliver customized services that meet the evolving demands of the international market.
“In a rapidly globalizing economy, the financially lucrative deal is poised to significantly accelerate Quicktron Robotics’ expansion into new international markets,” said Xie Xuan, partner and chief financial officer at Quicktron Robotics.
“The company’s capital is reinforced by more than just trust and confidence in our team; it also provides a potent catalyst for our growth, particularly in today’s complex global marketplace,” she said. “We are thrilled to collaborate with our trading partners, marking a significant milestone as we embark on a new era of innovation and growth at Quicktron Robotics.”
Secondly, Quicktron aims to drive product innovation and enhance consumer knowledge. The corporation has announced plans to streamline its products, focusing on improving stability and customer satisfaction.
Future investments are likely to focus on harnessing and scrutinizing customer feedback to guarantee products align with actual use cases, yielding more tailored and innovative offerings.
The venture capital firm Golden Oriole Capital, along with FarGlory Group, the Wuxi Liangxi Expertise Innovation Fund, and the Weifang Yuanfei Industrial Fund, jointly led the investment round.
