The Frontier Leaders · Third Wave

Third Wave

United States · thirdwave.ai

Third Wave builds autonomous reach trucks for warehouses and distribution centers, and its system is being integrated into selected Raymond lift trucks.

Robotics · watchlist · score 64

Positioning

Third Wave Automation is a Union City, California robotics company providing autonomous high-reach forklifts, fleet-management software, and remote-assistance infrastructure for warehouses. In January 2024, it deployed four autonomous Reach trucks in an Armada Supply Chain Solutions distribution-center pilot, and on Jun-16-26 it announced a technology partnership under which Raymond would offer Third Wave automation across selected lift trucks. Its differentiator is shared autonomy for brownfield warehouses; the open question is whether the company has achieved meaningful fleet scale and recurring revenue beyond pilots and strategic commercialization.

Facts, with sources

  • <25m est.Revenue band · thirdwave.ai
  • Technology partnership with The Raymond Corporation to integrate Third Wave Automation technology into selected Raymond lift trucks for commercial distribution through Raymond Solutions and Support Centers.Partnership · thirdwave.ai
  • Foxglove Timeline, visualizing a year’s worth of data and enabling zooming into a single point of interest for detailed analysis.Product launch · Foxglove
  • Woven Capital led Third Wave Automation’s Series C.Partnership · prnewswire.com

9 facts on file. Members see all of them with the source link.

Scores, Robotics (of 10)

Deployment6
Production6
Commercials3
Progress8
Technology8
Positioning6
Firepower4
Leverage8

Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.

Questions this page answers

What does Third Wave do?

Third Wave builds autonomous reach trucks for warehouses and distribution centers, and its system is being integrated into selected Raymond lift trucks. Third Wave Automation is a Union City, California robotics company providing autonomous high-reach forklifts, fleet-management software, and remote-assistance infrastructure for warehouses. In January 2024, it deployed four autonomous Reach trucks in an Armada Supply Chain Solutions distribution-center pilot, and on Jun-16-26 it announced a technology partnership under which Raymond would offer Th

Where does Third Wave rank in robotics?

Third Wave is on the Robotics watchlist list of Frontier Tech Intelligence with a score of 64 out of 100, below the Top 100.

Where is Third Wave based and when was it founded?

Third Wave is based in United States.

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