Symbotic Inc., was incorporated in the Cayman Islands on December 11, 2020. The company focuses on improving supply chain efficiency by developing and deploying innovative robotics-based automation systems. These systems are designed to improve the handling of pallets, boxes and individual items in warehouses and are currently in use at several major retailers, including Walmart. The Company has invested significant resources in refining its technology and has a sizable order backlog dominated by Walmart and its warehouse-as-a-service partner GreenBox Systems LLC. By leveraging proprietary robotics and artificial intelligence-driven software, the company aims to meet the growing demand for intelligent automation in an increasingly complex supply chain, responding to changing consumer expectations and market dynamics.