Symbotic expands Walmart automation deal to all 42 regional distribution centers

Symbotic Inc.

Walmart expands prior commitment from 25 to all 42 regional DCs for Symbotic's robotics platform.
Retrofitting of all 42 centers expected to be completed over the next 8+ years.
System uses autonomous robots and AI software to improve speed, accuracy, and safety.
Deployment creates new tech-enabled jobs like cell operator and maintenance technician.
Symbotic is merging with SVF Investment Corp. 3 (NASDAQ: SVFC) via SPAC transaction.

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