--News Direct--

VenHub, a division of Autonomous Solutions, Inc.is thrilled to announce the upcoming projected launch of its first fully-automated retail store in Q1 of 2024, set to transform the convenience shopping experience with state-of-the-art robotic assistance. Operating 24/7, customers will be able to order items effortlessly via a dedicated app, while cutting-edge robots pick and pack their selections.

While the company first plans to target convenience stores, its technology has the potential to go even further and target markets that are hard for traditional stores to reach: events, parking lots, storage lockers, and more.

But VenHub’s market opportunity in more traditional verticals – convenience stores, pet supplies, pharmaceuticals, etc. – is enormous on its own. The over 150,000 convenience stores in the US represent more than one-third (35%) of the brick-and-mortar retail universe tracked by Nielsen in the United States.

With the entire $23.58 billion retail industry projected to double by 2027, it could represent a sizable takeover for a company with the motivation and tools to automate retail.

As many as 60.2% of convenience stores are run by single-store operators, which means there are plenty of smaller-scale operations that could benefit from automation. VenHub plans to make it easier for them to manage inventory, improve customer experience, and reduce costs.

The company has already received interest from several retailers eager to adopt its solution.

With the vast majority of convenience stores made up of single-store operators, automation in the sector is inevitable. VenHub is on a track toward providing them with the next-generation infrastructure to remain successful in a rapidly-evolving business environment.

For a limited time, the company is taking investors to help build and scale their solutions. Learn more about the opportunity to invest in VenHub here.

1 Safe Harbor Statement: Safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as Venhub, Autonomous Solutions, Inc or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the division's business strategy, outlook, objectives, plans, intentions, or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. Venhub, a division of Autonomous Solutions, Inc.

Contact Details

VenHub

Shahan Ohanessian

+1 888-585-4999

IR@venhub.com

Company Website

https://invest.venhub.com

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