AutoStore Holdings Ltd

OSE:AUTO

Business Description

Sector

Industrials

Industry

Machinery

Headquarters

Norway NO

Employees

970

IPO date

Oct 20, 2021

AutoStore Holdings Ltd sells automated warehouse systems that store, sort, and retrieve goods inside compact grid-based storage cubes. Its main product is a robotic storage platform used in distribution centers, warehouses, and industrial sites where companies need to handle many small items in a tight space. The company earns money by selling the systems, related software, installation, and ongoing service support.

Its customers are mainly e-commerce retailers, third-party logistics firms, manufacturers, and other businesses that run large fulfillment operations. These customers use AutoStore to pack more inventory into the same footprint and move products faster with less manual labor. The company sits in the middle of the warehouse automation market, where it supplies the core storage-and-retrieval layer that other software and logistics systems connect to.

What makes the business different is its cube-based design: robots travel on top of a storage grid and pull bins from stacked columns below, which lets customers use space very efficiently. AutoStore usually sells through a partner network rather than acting like a direct warehouse contractor, so it earns hardware and software revenue while partners handle much of the installation and integration work. That gives it a specialized role as a technology supplier to the logistics industry rather than a broad warehouse operator.