Benzinga | Jan 31, 2022 02:12PM EST

Berkshire Grey Extends Commercial Momentum With New Order Worth $14M

* Berkshire Grey Inc (NASDAQ:BGRY) has secured $14 million in new orders since November 2021, including $8 million in new orders and $6 million of follow-on new orders.

* The additional orders reflect growing demand from market-leading retailers, eCommerce providers, package handling companies, and third-party logistics companies.

* In 2021, Berkshire Grey increased orders by $84 million, bringing the total orders since inception to $200 million, and ended the year with $105 million of backlog.

* The company recently added to its suite of patented, AI-enabled robotic solutions to support its continued growth.

* Price Action: BGRY shares traded higher by 5.26% at $3.40 on the last check Monday.