Company overview
AutoStore builds automated storage and retrieval systems (AS/RS) to optimize warehouse operations. Their systems feature a modular grid structure that maximizes storage density by stacking bins vertically in a compact footprint. The company’s fleet of energy-efficient robots operates on top of the grid, retrieving and delivering bins to workstations. The robots run in the dark and work independently, leveraging regenerative technology and precise routing algorithms to ensure speed, accuracy, and system reliability. Among AutoStore’s latest innovations is its Multi-Temperature Solution, which allows multiple temperature zones within a single grid to accommodate both frozen and chilled products. Supporting the hardware is a comprehensive software suite that enables real-time monitoring, performance optimization, and seamless multi-site operation capabilities. Each system is tailored to customer needs and validated using simulation software.
In 2023, AutoStore introduced a pay-per-pick service model designed to make the company’s technology more accessible and adaptable. The pricing structure involves an upfront investment in the grid infrastructure—typically 20-40% of the total system cost—followed by a recurring subscription fee based on order volume. The subscription covers the use of robots, ports, and software, enabling customers to scale their automation efforts as their business needs evolve. This model is particularly advantageous for businesses aiming to reduce large capital expenditures while maintaining flexibility to adapt to seasonal demand and growth. With minimal energy consumption and the ability to seamlessly expand the grid, the pay-per-pick model offers a cost-effective, sustainable solution for modern warehouses.
Customers and target markets
- PUMA
- Gucci
- ASDA
- Bosch
- DHL
- Texas Instruments
