Wilmington, MA – According to filings with the U.S. Securities and Exchange Commission, Locus Robotics Corp. is raising $45,891,615.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Rick Faulk played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Locus Robotics Corp.

At Locus Robotics we design and build innovative autonomous mobile robots that work collaboratively alongside workers in the fast paced logistics and fulfillment industries. Workers can pick 2x-3x faster with near-100% accuracy and less labor, delivering higher productivity and a better workplace. The LocusEmpower(TM) system easily integrates  into existing warehouse infrastructure without reconfiguring or disrupting workflows or infrastucture. The Locus system delivers unparalleled flexibility in moving inventory and orders through a fulfillment center.

To learn more about Locus Robotics Corp., visit http://www.locusrobotics.com/

Contact:
Rick Faulk, Chief Executive Officer
978-905-6082
rick@locusrobotics.com
https://www.linkedin.com/in/rickfaulk/

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