Autonomous Trucks
Third Wave Automation, a provider of high-reach autonomous forklifts, has received strategic investments from Qualcomm Ventures and Zebra Technologies, bringing the startup’s total funding to $70 million. We are excited to invest in Third Wave Automation to bring next-generation autonomy to the forklifts.”The strategic investment will enable TWA to accelerate new innovations as its first product expands its select pilot program. Tony Palcheck, managing director of Zebra Ventures at Zebra Technologies, says: “As our supply chain customers continue to battle labor shortages, they are turning to automation solutions to improve productivity. This enables us to explore additional automation workflows and continue deploying flexible forklift automation technology. TWA will be demonstrating its TWA Reach automation solution in booth N6151 at ProMat 2023, taking place March 20-23 in Chicago.