Wilmington, MA – According to filings with the U.S. Securities and Exchange Commission, Locus Robotics is raising $49,999,960.00 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
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. You simply pick faster! The LocusEmpower 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, 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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