Thursday, December 19, 2019

Building robotic safety inspectors nabs Gecko Robotics $40 million


Gecko Robotics has landed $40 million in financing as it looks to build an additional 40 robots over the next year to meet what the company sees as growing demand for its safety and infrastructure monitoring services.
“We are growing fast solving critical infrastructure problems that affect our lives, and can even save lives,” says Jake Loosararian, Gecko Robotics’ 28-year-old co-founder and chief executive officer, in a statement. “At our core, we are a robot-enabled software company that helps stop life-threatening catastrophes. We’ve developed a revolutionary way to use robots as an enabler to capture data for predictability of infrastructure; reducing failure, explosions, emissions and billions of dollars of loss each year.”
In the three years since its launch in 2016, Gecko Robotics has managed to grow from a small team of Pittsburgh robotics experts hailing from Carnegie Mellon. Indeed, the company has added more than 100 new employees. The hiring push has been largely around creating a team of qualified experts in particular market segments who can operate the robots that Gecko deploys to industrial work sites.

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