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  "documentTitle": "Berkshire Grey | Investor Presentation Deck | 19 slides",
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      "text": "FedEx Ground Robotic Package Sortation at a FedEx Regional Hub",
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      "text": "An order to design and develop a new AI robotic automation solution to improve the efficiency of FedEx package handling operations. BG will sell the unit to FedEx as well as other retailers and logistics companies – solves a ubiquitous multi-billion-dollar problem.\nA warrant to purchase BGRY common stock which vests incrementally, subject to certain terms, including the ordering of and payment for Berkshire Grey AI-enabled robotic automation goods or services, and which fully vest and become exercisable when FedEx orders and payments reach at least $200 million at any time prior to December 31, 2025.\nA master system purchase agreement expected in late 2022, which will streamline and expedite the procurement process for Berkshire Grey solutions.",
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      "text": "Earlier this week, Fedex announced it is extending its strategic partnership with Berkshire Gray to develop extensive AI robotic automation solutions throughout all stages of the global supply chain. I'm especially excited to continue the work that initially began at Fedex Ground integrating robotics into our operations to safely and effectively sort the increasing number of small packages entering our network through e-commerce.",
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      "text": "John Smith\nPresident & Chief Executive Officer at FedEx Ground\nLinkedIn post August 2022",
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