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November 11 , 2021 BG Berkshire Grey Reports Third Quarter 2021 Results BERKSHIRE GREY Total Orders to - Date Increase to $ 184 Million , Reinforcing the Company's Ongoing Revenue Momentum and Growth Trajectory BEDFORD , Mass . , Nov. 11 , 2021 ( GLOBE NEWSWIRE ) -- Berkshire Grey Inc. ( Nasdaq : BGRY ) , a leader in Al - enabled robotic solutions that automate supply chain processes , today announced results for its third quarter ended September 30 , 2021 . Third Quarter and Recent Financial Highlights Revenue of $ 18.8 million in the third quarter of 2021 , an increase of $ 16.6 million or 750 % from the third quarter of 2020 and an increase of $ 14.3 million or 317 % from the second quarter of 2021 . • Total orders since inception of $ 184 million including orders received in early October identified below . The Company has received $ 70 million in new orders in 2021 year to - date . • Backlog of $ 113 million including orders received in early October , compared to $ 70 million as of December 31 , 2020 . • Net loss of $ 40.5 million or $ ( 0.22 ) per diluted share in the third quarter of 2021 . • Adjusted EBITDA of $ ( 32.3 ) million in the third quarter of 2021 . • Solid liquidity position , ending the quarter with $ 203 million of cash and no debt . Third Quarter 2021 and Recent Business Highlights • Secured a $ 25 million repeat order from a blue - chip anchor customer for tens of the Company's ecommerce package handling systems . These systems will go into multiple locations and there are many locations left to automate . Secured $ 11 million in orders from new customers . • Advanced its Berkshire Grey Partner Alliance ( BGPA ) program which now includes nine partners . The BGPA program includes a select group of market - leading consultants , integrators , technology providers and material handling leaders , broadening the Company's global reach and extending its go - to - market strategy . • Announced the global availability of its Robotic Pick and Pack ( RPP ) solutions which automates picking and packing of items directly from inventory totes to outbound customer shipping packages , improving operation efficiency for fulfillment centers , reducing shipping costs and lowering the environmental impact of eCommerce orders . Launched its Al - powered Robotic Shuttle Put Wall ( RSPW ) solution for eCommerce order fulfillment . The RSPW is an automated put wall that increases customer order sortation throughput by up to 300 % and can accommodate up to 100 % of typical SKU assortments , including challenging items such as soft polybags and cylinders / tubes . • Partnered with United Way to donate learning kits to Boston Public School ( BPS )