UPDATED 21:44 EDT / APRIL 10 2019

EMERGING TECH

Amazon buys warehouse robotics startup Canvas Technology

Amazon.com Inc. has acquired a Boulder, Colorado-based robotics startup called Canvas Technology that builds autonomous vehicles for industrial purposes.

More specifically, Canvas makes autonomous, self-driving carts for use in warehouses. The carts are said to employ “spacial artificial intelligence” and advanced imaging cameras that help them to navigate their way through busy warehouses and depots without the need for a human driver.

The technology therefore fits well with Amazon, which has for years been pushing to automate as much of its warehouse operations as it possibly can. That effort began with Amazon’s $775 million acquisition in 2012 of another robotics firm, Kiva Systems. Kiva’s shelving robots are now believed to be an integral part of Amazon’s fulfillment centers.

Amazon has previously invested in self-driving car technology as well, so that could be a second motivation for buying Canvas. Most recently, Amazon participated in a $530 million funding round in the secretive driverless car startup Aurora Innovation Inc.

Amazon confirmed today that it acquired Canvas in a statement to TechCrunch, though it didn’t reveal how much it paid.

“We are inspired by Canvas Technology’s innovations, and share a common vision for a future where people work alongside robotics to further improve safety and the workplace experience,” Amazon said in a statement. “We look forward to working with Canvas Technology’s fantastic team to keep inventing for customers.”

Photo: Amazon/YouTube

A message from John Furrier, co-founder of SiliconANGLE:

Support our mission to keep content open and free by engaging with theCUBE community. Join theCUBE’s Alumni Trust Network, where technology leaders connect, share intelligence and create opportunities.

  • 15M+ viewers of theCUBE videos, powering conversations across AI, cloud, cybersecurity and more
  • 11.4k+ theCUBE alumni — Connect with more than 11,400 tech and business leaders shaping the future through a unique trusted-based network.
About SiliconANGLE Media
SiliconANGLE Media is a recognized leader in digital media innovation, uniting breakthrough technology, strategic insights and real-time audience engagement. As the parent company of SiliconANGLE, theCUBE Network, theCUBE Research, CUBE365, theCUBE AI and theCUBE SuperStudios — with flagship locations in Silicon Valley and the New York Stock Exchange — SiliconANGLE Media operates at the intersection of media, technology and AI.

Founded by tech visionaries John Furrier and Dave Vellante, SiliconANGLE Media has built a dynamic ecosystem of industry-leading digital media brands that reach 15+ million elite tech professionals. Our new proprietary theCUBE AI Video Cloud is breaking ground in audience interaction, leveraging theCUBEai.com neural network to help technology companies make data-driven decisions and stay at the forefront of industry conversations.