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WILMINGTON, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Symbotic Inc. (Nasdaq: SYM ), a leader in A.I.-enabled robotics technology for the supply chain, today announced that it has completed the acquisition of OhmniLabs, a Silicon Valley-based innovator in the field of robotics solutions for health care. “Combining Symbotic’s expertise in large-scale automation with OhmniLabs’ ground-breaking mobile robots, vision and A.I. solutions will enable the development of unparalleled automation innovations across different settings,” said Rick Cohen, Executive Chairman and CEO of Symbotic. “We were drawn to OhmniLabs for its impressive talent and industry experience that will enable our expansion beyond the four walls of the warehouse.” Founded in 2015 by robotics experts, OhmniLabs has pioneered a fully in-house development and manufacturing model, enabling rapid innovation and speed-to-market for cutting-edge robotics solutions. The company is best known for its autonomous disinfection and telepresence robots, which create safer and healthier environments globally. With the strategic acquisition of OhmniLabs’ industry expertise and talented robotics team, Symbotic will be better positioned to both expand its leading automation capabilities for supply chain customers while delivering enhanced innovation to customers in the health care industry. “OhmniLabs’ mission has been to develop meaningful robotics to provide real-world solutions, and we have made significant progress with the support of our loyal team members and customers. Being a part of Symbotic, a true leader in robotics innovation, will propel this vision forward to deliver cutting-edge solutions that redefine what’s possible in health care, logistics and beyond,” said Jared Go, Co-founder and CTO, OhmniLabs. ABOUT SYMBOTIC Symbotic is an automation technology leader reimagining the supply chain with its end-to-end, A.I.-powered robotic and software platform. Symbotic reinvents the warehouse as a strategic asset for the world’s largest retail, wholesale, and food & beverage companies. Applying next-generation technology, high-density storage and machine learning to solve today's complex distribution challenges, Symbotic enables companies to move goods with unmatched speed, agility, accuracy and efficiency. As the backbone of commerce, Symbotic transforms the flow of goods and the economics of the supply chain for its customers. For more information, visit www.symbotic.com . FORWARD-LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements about Symbotic’s acquisition of substantially all of the assets of OhmniLabs and Symbotic’s expectations or predictions of future financial or business performance or conditions. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. Certain of these risks are identified and discussed in Symbotic’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”) on December 4, 2024. These forward-looking statements are expressed in good faith, and Symbotic believes there is a reasonable basis for them. However, there can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. Symbotic is not under any obligation, and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers should carefully review the statements set forth in the reports that Symbotic has filed or will file from time to time with the SEC. INVESTOR RELATIONS CONTACT Charlie Anderson Vice President, Investor Relations & Corporate Development ir@symbotic.com MEDIA INQUIRIES mediainquiry@symbotic.comNORAD’s Santa tracker was a Cold War morale boost. Now it attracts millions of kids
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The Best of the West offers fans a candid assessment of the top teams in the western third of the country — a collection that includes the Mountain West and the former Pac-12 schools now scattered across the ACC, Big 12, Big Ten, Big Sky and West Coast Conference. The rankings will be published on the Hotline weekly throughout the regular season. 1. UCLA (12-0, 1-0 Big Ten) Last week: 1 Results: beat Creighton 70-41 Up next: vs. Nebraska (Sunday) Comment: The top-ranked Bruins outscored Creighton 26-4 in the first quarter and 20-8 in the third, even with 6-foot-7 Lauren Betts (leg) out for a second consecutive game. Kiki Rice scored 20 in a rematch from the second round of the 2024 NCAA Tournament (a 67-63 Bruins win). 2. USC (11-1, 1-0 Big Ten) Last week: 2 Results: beat Connecticut 72-70 UConn guard Paige Bueckers (5) guards Southern California guard JuJu Watkins (12) in the second half of an NCAA college basketball game, Saturday, Dec. 21, 2024, in Hartford, Conn. Up next: vs. Michigan (Sunday) Comment: The Trojans went from up 18 early in the third quarter to down one with 4:34 left before stabilizing just enough for their first victory over UConn in four games. Freshman Kennedy Smith returned from injury after missing seven games. In the new Associated Press rankings, USC is No. 4 after exchanging places with UConn (No. 7). 3. California (13-1, 1-0 ACC) Last week: 3 Results: beat Fordham 69-53 and Temple 89-63 Up next: at Clemson (Jan. 2) Comment: The Bears hit the gas in the third quarter Sunday, upping a five-point halftime lead to 21 and cruising to their seventh straight win. They were picked to finish 14th in the ACC preseason poll but now are ranked No. 21 nationally and an ACC contender off their best start since the 2016-17 season. 4. Utah (10-2, 1-0 Big 12) Last week: 5 Results: beat Arizona State 102-82 Up next: at Arizona (Dec. 31) Comment: Utah broke the 100-point threshold for the first time under new coach Gavin Petersen, who replaced Lynne Roberts on Nov. 19. The Utes trailed ASU by two after the first quarter, then gained control with a 25-13 edge in the second. Gianna Kneepkens scored 24 points in Utah’s first Big 12 game. 5. Colorado (10-2, 1-0 Big 12) Last week: 7 Results: beat West Virginia 65-60 Up next: at TCU (Jan. 1) Comment: Colorado’s first game back in the Big 12 was memorable. The Buffaloes rallied from 16 down in the third quarter to upset No. 14 West Virginia, now down to 18th in the AP rankings. The Buffs were coming off a 10-day break. Frida Formann scored 22, and Missouri State transfer Jade Masogayo had 18. 6. Oregon (9-3, 0-1 Big Ten) Last week: 11 Results: beat UC Irvine 71-43 Up next: at Illinois (Saturday) Comment: Peyton Scott surpassed 2,000 career points against UC Irvine. (She missed all but one game last season after transferring from Miami-Ohio.) The Ducks have won three of their last four games with the loss coming against USC. They are only two wins shy of matching their 2023-24 total. 7. Stanford (8-4, 0-1 ACC) Last week: 5 Results: lost to Ohio State 84-59 Up next: at SMU (Jan. 2) Comment: Stanford trailed by 14 at halftime against unbeaten Ohio State and couldn’t get closer than 10 in the second half. The Cardinal has lost three of four, all to nationally ranked opponents, headed into a 12-day break before diving fully into ACC play. 8. Portland (13-0, 2-0 WCC) Last week: 9 Results: beat Loyola Marymount 83-48 and Pacific 84-71 Up next: at Santa Clara (Saturday) Comment: With two wins to open West Coast Conference play, the Pilots extended the best start in school history to 13-0. They are among eight remaining unbeaten teams in Division I and the only one in that group with double-digit wins in every game. Their strength-of-schedule (No. 316) remains an issue, however. 9. UNLV (8-4) Last week: 6 Results: lost to Northwestern 79-76 (OT), beat UC Riverside 80-57 Up next: vs. Fresno State (Sunday) Comment: The Rebels dropped their second game in Chicago, after beating DePaul, then closed out nonconference play with a decisive win over UC Riverside. They are the defending Mountain West champions and likely will duel with San Diego State for the title this season. 10. Grand Canyon (11-2) Last week: 10 Results: beat Wright State 82-69, Florida Atlantic 81-60 and Georgia Southern 79-52 Up next: vs. Park University Gilbert (Friday) Comment: The Antelopes have won nine in a row going back to Nov. 27 — all but one of those at home. They have two more this week, including NAU on Sunday for in-state bragging rights. GCU already has wins over Arizona State and Arizona, while NAU has a victory over Arizona. 11. Northern Arizona (9-3) Last week: 8 Results: lost to Fresno State 66-55 Up next: at Grand Canyon (Sunday) Comment: The Lumberjacks were out of character at Fresno State with their lowest point total of the season, by far. They need to get the offense going again to have a chance against GCU, which is averaging 76.8 points. 12. Arizona (10-4, 1-0 Big 12) Last week: 14 Results: beat BYU 57-53 Arizona Wildcats guard Jada Williams (2) celebrates another three-point shot she made against Weber State in the first half during a game at McKale Center on Dec. 16, 2024. Up next: vs. Utah (Dec. 31) Comment: The Wildcats took a significant step forward with a hard-fought win at BYU to open Big 12 play. Breya Cunningham scored a career-high 21, along with eight rebounds. Arizona is on a three-game winning streak but must win some challenging games in order to improve its NET ranking (No. 80). 13. San Diego State (11-2) Last week: 13 Results: lost to Stephen F. Austin 89-80 (2 OT), beat Hawaii 54-52 Up next: vs. Boise State (Sunday) Comment: The Aztecs split two thrillers in their home holiday tournament, finishing nonconference play with their most wins since 1983-84. Freshman guard Naomi Panganiban scored 24 against Hawaii and is averaging 21.5 over the last four games. 14. BYU (9-3) Last week: 12 Results: lost to Arizona 57-53 Up next: at Cincinnati (Jan. 1) Comment: The Cougars led 30-25 at halftime over Arizona but were outscored 38-22 in the paint to suffer their first loss since Nov. 29. Delaney Gibb scored 23 with five 3-pointers but needed more help. 15. Montana State (10-2) Last week: 15 Results: beat Presbyterian College 57-40 and Puerto Rico-Mayaguez 75-38 Up next: vs. Idaho (Jan. 2) Comment: The Bobcats won twice against lesser competition in Puerto Rico and have the best nonconference record among Big Sky teams, plus a respectable No. 74 strength-of-schedule ranking. PR-Mayaguez is the alma mater of Montana State President Waded Cruzado. Also considered: Washington, Colorado State and UC Davis Respond: Write a letter to the editor | Write a guest opinion Subscribe to stay connected to Tucson. A subscription helps you access more of the local stories that keep you connected to the community. Be the first to know Get local news delivered to your inbox!Indiana coach Mike Woodson is happy that his team has won three straight games but concerned that it's committing too many turnovers. Limiting miscues is at the top of his wish list for Monday night's Big Ten Conference opener against visiting Minnesota in Bloomington, Ind. While the Hoosiers (7-2) shot 53.8 percent and dominated Miami (Ohio) 46-29 on the glass during a 76-57 win at home Friday night, they also had more turnovers (16) than assists (15). Having played for Bob Knight at Indiana, Woodson is fanatical about his team executing its offense without making mistakes. "We were taking chances on passes that weren't there," Woodson said. "We have to fix it. If we start Big Ten play like that, it puts you in a hole." In between careless mistakes, the Hoosiers got a huge game out of Oumar Ballo, the Arizona transfer who had 14 points, 18 rebounds and six assists. It was his 35th career double-double but his first at Indiana. Ballo (12.7 points per game, 9.3 rebounds) is one of four players averaging double figures for the Hoosiers. They're led by Malik Reneau, who's hitting for 15.4 ppg on 58.9 percent shooting. While Indiana tries to fine-tune its game, the Golden Gophers (6-4, 0-1 Big Ten) aim to get to the .500 mark in conference play after absorbing a 90-72 beating Wednesday night against visiting Michigan State. There was good news for Minnesota in that game. Mike Mitchell Jr. returned to the lineup after missing seven games with a high ankle sprain and drilled 5 of 9 3-pointers in a 17-point performance. Mitchell's shooting should aid an attack that ranks 311th in Division I in 3-point percentage at 29.7 percent as of Sunday. "He's a difference-maker in terms of being able to space the floor," Gophers coach Ben Johnson said of Mitchell. "He provides offensive firepower and a guy who can make shots and take pressure off our offense." Dawson Garcia leads the team at 19 ppg, while Lu'Cye Patterson and Mitchell are scoring 10 ppg. The Hoosiers own a 109-69 lead in the all-time series. --Field Level Media