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Union City company Third Wave Automation makes autonomous forklifts and fleet software, with one operator overseeing up to ten.
Founded in 2018 and headquartered in Union City, US, Third Wave was established by Arshan Poursohi, James Davidson and Julian Mason. Its TWA Reach forklifts operate under shared autonomy, and the Armada Fleet Management System lets one operator oversee up to ten. Clients subscribe to a Robots-as-a-Service model with a fixed monthly fee. In October 2024 the company raised USD 27.00 mn in Series C funding led by Woven Capital Management Company.
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