Berkshire Grey - BGRY - Share chat

freetrade admin,

Please add Berkshire grey stock to the next batch of stocks listing on Freetrade app.

Revolution Acceleration Acquisition Corp
NASDAQ: RAAC

See more information about Berkshire grey merger with SPAC :point_down:

Greetings follow growth investors

Please fill the stock request form for Berkshire Grey. Takes one or two minutes of your time to fill freetrade stocks request form

Step 1: Click the link Request New Instruments ✋
Step 2: Copy " Revolution Acceleration Acquisition Corp"
Step 3: Paste " Revolution Acceleration Acquisition Corp" in the instrument name
Step 4: Copy “RAAC”
Step 5: Paste “RAAC” in the symbol (ticker)
Step 6: Click stock
Step 7: Press submit

Berkshire grey designs, and builds artificial intelligence (AI) powered robotics and fulfillment centres/warehouses automation for retail, e-commerce, grocery, post and parcels. The company offers 2021 to 2025 revenue CAGR of 99%

2021 proj. $59M rev. / 69%
2022 proj. $119M rev. / 102%

Berkshire grey enterprise $2.23B

SPAC Presentation - https://revolutionaac.com/wp-content/uploads/2021/02/Berkshire-Grey-Investor-Presentation.pdf

Thank you

Berkshire Grey leads in recieving USA patents beating Desktop metal and Velo3d — two of the most innovative companies in the world.

PATENTS AND TRADEMARKS APPLICATIONS

Desktop metal filled 191 applications
Berkshire grey filled 120 applications
Velo3d filled 91 applications

PATENTS ISSUED TO COMPANY
Berkshire grey 58 patents
Desktop metal 48 patents
Velo3d 48 patents

Come on Freetrade, list Berkshire Grey in the app.

There an interesting company, I’ve voted, though Desktop Metal and Velo3D are a different industry.

Astonelesschip,

Desktop metal and Velo3d automate the 3D printing and the manufacturing process. Berkshire Grey automates the material handling, sorting and storage systems/machineries. All three companies play in the systems automation sector

Berkshire Grey CEO:“All of that software gets combined, which is shown on the left on this slide. Gets combined with patented and differentiated hardware of our own creation in the middle pane to create standardized product modules, those modules then in the far right pane, get deployed as we form solutions for customers. Way to think of it is software, which is very special proprietary trade secret, combined with patented hardware, and we have at least 72 patents that have issued through. We filed more than 300 patent filings, software gets combined with differentiated hardware, standardized product modules.”

Source: Revolution Acceleration Acquisition Corp (RAAC) - FORM 425 | Filing of certain prospectuses and communications in connection with business combination transactions Stock Market Insights | Seeking Alpha

“There’s this enormous white space where there isn’t automation today,” says Tom Wagner, the company’s founder and CEO, whose 4.69 million shares would now be worth nearly $50 million. “The work that we automate exists today. This isn’t a hypothetical future.”

Today Berkshire Grey officially listed on the Nasdaq.

1 Like

Can this get any worse :man_facepalming:

Anyone know why this tanked so fast …?

"While Berkshire Grey’s revenue of $18.8 million in Q3 2021 was magnitudes greater than its $2.2 million in Q3 2020 and its $4.5 million in Q2 2021, it still missed on analyst expectations of around $21.7 million.

At the same time, the Bedford, Massachusetts-based company more than tripled its net loss year-over-year and widened losses on its adjusted earnings before interest, taxes, depreciation and amortization to $32.3 million, compared to $13.8 million for the same period a year prior.

Berkshire Grey reported a net loss of $40.5 million, or 22 cents per diluted share, which missed on the analyst consensus estimate of a loss 10 cents per diluted share."

2 Likes

Robotics institute seminar

Matthew T. Mason: robotics and warehouse automation at Berkshire Grey

Berkshire Grey Helps E-Commerce Retailers Solve the $120 Billion Returns Problem Berkshire Grey Helps E-Commerce Retailers Solve the $120 Billion Returns Problem | 2022-01-12 | SupplyChainBrain

1 Like