PW EXCLUSIVE: Pipedream is building a 40-mile underground pipe network in Austin to deliver physical goods via 100mph-traveling autonomous robots. Eventually, you will be able to get groceries, fast food, hammers, clothes, body wash, or anything else you could want — in under 5 minutes, for less than 25 cents, and miraculously appearing inside a drawer in your apartment. Today, the company is announcing its first-ever Rapid Fulfillment Center (RFC) in Austin, Texas. Initially, this warehouse will be connected to four “Portals” — unmanned pickup kiosks outside of the RFC — where items are elevatored up from the underground delivery pipes. This marks the groundbreaking of Pipedream’s eventual wider-reaching network in Austin. In tandem, the company is also announcing the formation of Goods, its grocery retail ghost brand, which will live within the Austin RFC and serve as its anchor customer. Pipedream Labs aims to eventually do for physical goods what the internet has done for data: To create a “cloud,” populated with all sorts of physical objects, whose contents are cheaply downloadable to your location at incredible speeds. @gb_rango spoke with @thegarrettscott, CEO of @pipedream_labs, about the future of hyperlogistics. Read the full piece below 👇
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