Standard Bots: Company Research Report

Company Overview

• Name: Standard Bots

• Mission: To propel human productivity through the world’s most accessible robots and improve the lives of people globally.

• Founded By: No information is available.

• Founded When: No information is available.

• Key People in the Company:

• Evan Beard - Founder & CEO

• David Golden - Co-Founder

• Natalie Papillion - Head of Business Operations

• Robert Irwin - Head of Hardware

• Ash Higgins - General Manager of AI

• Dan Grover - Head of Product

• Lee Gross - Head of Software

• Jeremy Goldberg - Head of Design

• Danny O'Mahony - GTM Sales

• Headquarters: 80 Pratt Oval, Glen Cove, New York 11542, USA

• Number of Employees: No information is available.

• Revenue: No information is available.

• What is the Company Known For: Standard Bots is known for revolutionizing the robotics industry with AI-driven robotic systems and making advanced automation accessible to all sizes of businesses. The company is recognized for its user-friendly programming by demonstration technique for robots.

Products

RO1 Robotic Arm

• Description: RO1 is a six-axis, programmable robotic arm designed and assembled in the USA. It integrates easily into existing setups and is affordable for use anywhere from small shops to Fortune 500 companies.

• Key Features:

• Payload Capacity: 18kg

• Reach: 1.3 meters

• Linear Speed: Up to 3m/s

• Repeatability: +/-0.025 mm

• 3D Vision System: Built-in optional 3D camera capable of object location and environmental interaction

• Intuitive Touchscreen: No-code automation with visual programming

• Portable Base: Easily moveable without need for permanent installation

• Compatibility: Integrates with grippers, conveyors, and various accessories without additional configurations

Software

• Description: The software is designed to work seamlessly with Standard Bots' hardware, offering ease-of-use for programming and task automation.

• Key Features:

• Ease of Use: Intuitive interface and no-code programming options available

• Fleet Management: Manage single or multiple robots from a unified application

• APIs and SDKs for Developers: Provides support for building apps and integrations

• Built for Operators and Developers: Allows operators to use without code while also providing powerful APIs for developers

Recent Developments

• $63 Million Funding Round: As of July 12, 2024, Standard Bots raised $63 million in a Series B funding round led by General Catalyst, with participation from Amazon Industrial Innovation Fund and Samsung Next. This funding will support the development of their AI-powered robots and an extended line of RO3 robotic arms.

• Acquisition of READY Robotics’ IP: On December 3, 2024, Standard Bots acquired intellectual property from READY Robotics to accelerate AI innovation, specifically focusing on robot-agnostic operating systems.

• Partnership with NVIDIA: As of December 3, 2024, by adopting NVIDIA Isaac Sim, Standard Bots is pushing forward AI-powered robotics technology, leveraging NVIDIA's cutting-edge technological advancements.

• Product Update: Upcoming launches planned include an AI-powered robot and additional products under the RO3 line, which are anticipated to be adaptable for nearly any use case.

Conclusion

Standard Bots is positioned at the forefront of accessible, cutting-edge robotic solutions, with innovative products like the RO1 robotic arm and AI-powered systems designed for a wide range of industrial applications. Continued advancements and strategic partnerships support their mission to transform robotics' accessibility globally.