Figure has signed a commercial agreement with Catalyst Brands, the company behind JCPenney, Aéropostale and Brooks Brothers, to bring humanoid robots into its distribution and logistics network. The collaboration begins at Catalyst's Distribution Logistics Center in Reno, Nevada, where Figure's robots will take on physically demanding supply chain tasks. Figure says the goal is to automate routine, repetitive work so associates can move to higher-value roles, and to give Catalyst a flexible solution it can deploy across its brands. Brookfield, an investor in both companies, is named in the release. Figure did not disclose robot counts, contract value or timeline. Figure AI is a Parkway Venture Capital portfolio company.
Read the full article: Figure's announcement of the Catalyst Brands agreement
