Gecko Robotics: Company Overview and Services
- Gecko Robotics, founded by Jake Loosararian, specializes in building robots and software to assess the health of infrastructure. 2m3s
- The company utilizes robots equipped with ultrasonic sensors to inspect structures, such as power plant boilers, for defects, aiming to prevent catastrophic failures. 5m44s
Gecko Robotics: Expansion and Capabilities
- Gecko Robotics expanded its services to various sectors, including oil and gas, manufacturing, public infrastructure, and defense, developing robots capable of navigating diverse environments. 6m41s
- Gecko Robotics builds robots that can fly, swim, crawl, and walk up any surface to perform inspections in hazardous environments. 7m21s
- The company uses a variety of sensors, including ultrasonic, electromagnetic, and lasers, to inspect steel, composites, and concrete structures. 7m39s
Gecko Robotics: Canal Platform and Data Utilization
- Gecko Robotics launched Canal, an AI and robotics-powered operating platform, to leverage the data collected from inspections to optimize infrastructure management. 8m13s
- Robots are capable of collecting large amounts of data about assets, which can be used to pinpoint the exact locations for fixed sensors. 24m29s
Gecko Robotics: Impact and Results
- Gecko Robotics increased throughput by 5% while only accelerating damage to an asset equivalent to two months over 90 days by lowering fill heights in a tank and increasing acid concentration. 13m17s
- The company extended the useful life of assets by an average of 10 years, resulting in a 4% impact on customer margins. 13m43s
- Gecko Robotics is working with the US Navy to improve maintenance cycles, reducing labor by 85% and improving turnaround times for flight decks by about a month. 15m59s
Gecko Robotics: Financial Performance and Sales Model
- Gecko Robotics achieved profitability in 2017, the year after participating in Y Combinator's launch program. 20m46s
- Initially, the company focused on direct sales to plant managers, prioritizing real-world robot deployment over lab-based development. 21m33s
- Currently, Gecko Robotics' sales model involves customers purchasing Canever software and its implementation, which includes data collection by robots, along with a software license fee. 22m14s
Gecko Robotics: Partnerships and Future Focus
- A contract was signed with Governor Shapiro in Pennsylvania to modernize bridge maintenance and budget prioritization. 25m3s
- Most infrastructure, including drawings used by customers, is approximately 60 years old. 26m57s
- A platform has been built that allows companies to test their robotic systems and determine if the data produced is valuable. 29m1s
- Gecko Robotics is focused on gathering information and data to improve operating platforms and systems, rather than on robots that perform specific tasks like welding or cleaning. 29m17s
- Capital markets are embracing Gecko Robotics' approach due to their software layer, recurring business, and differentiation from long build cycles often seen in hardware companies. 30m1s
