Exotec, a global warehouse robotics provider, has manufactured its 5000th robot, just three months after the production of its 4000th model. This is the shortest time yet between manufacturing milestones, signifying a growing business momentum driven by the increasing demand for warehouse automation. The 5000th robot carries the name ‘Monu’ (short for ‘Monumental’).

Romain Moulin, CEO and co-founder at Exotec says: “We continue to see a strong demand for scalable and proven warehouse robotic solutions. We have a track record of serving the world’s largest brands, which places Exotec at the heart of the explosive growth of the global warehouse robotics market, which is expected to be worth $16bn by 2031.”

In 2022, Exotec signed its first major UK customer – multichannel fulfilment and returns expert iForce – and is already deploying two additional large customer projects in the UK.
Exotec has made significant strides in making warehouse jobs easier and less physically demanding. To this day, Exotec robots have saved warehouse workers from having to walk at least 16 million miles, which is the equivalent of going to the moon and back 33 times.

This year, Exotec is continuing its track record of innovation by investing in R&D. Since its inception, Exotec has doubled its R&D spend every year, and the company also commits 10% of all sales towards the development of new products.As of today, Exotec holds 26 granted patents with 68 patent applications still pending. The company filed almost 50% of all patents in the past six months.
For further information www.exotec.com