Some experts say the public trading will boost stock, and help the company achieve its goals faster.
Oregon-Based Company Becomes 1st Stock Market Traded Robot Firm
No, not robotically-controlled existing machinery, we’re talking actual human-sized work robots.
Based out of Salem, Oregon, Agility Robotics just became the first publicly-traded US Company soley focused on building humanoid robots. Below is the actual Digit robot:
The units have already been tested in Amazon warehouses, you may recall not that long ago, we reported how top Amazon officials plan to use a combination of AI and robotics to have 80 percent or more of their warehouse work done by….robots.
So, What Do These Robots Do?
According to Geekwire, Digit is a 2-legged robot, 5 feet 9 inches tall, who can lift up to 35 and handle tasks for up to 20 hours a day (presumably before recharging), and a newer model called Digit V5 planned by the company has swappablel hands, and can lift 50 lbs.
It also has safety systems to allow it to work around humans.
The company stock filings indicate they have future orders for the Digit v5 model exceeding $300 million dollars.
Are They Already in Use?
According to Geekwire, when it comes to what’s called active deployments:
“Agility says Digit is currently being used by customers including auto-parts giant Schaeffler, logistics provider GXO, Toyota Motor Manufacturing Canada and Latin American e-commerce giant Mercado Libre, with more than 65,000 hours of real-world operation overall.”
As AI continues to progress, and robotic developments become more rapid, probably won’t be a surprise to see more of them in warehouses and other similar jobs. Wonder if they’ll steal your lunch from the fridge??
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