Key Moments

Jake Loosararian, Gecko Robotics | All-In Summit 2024

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Entertainment4 min read33 min video
Sep 30, 2024|71,503 views|1,419|61
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TL;DR

Gecko Robotics uses AI and wall-climbing robots to inspect and maintain critical infrastructure, saving billions.

Key Insights

1

Gecko Robotics addresses the massive $4.59 trillion domestic problem of aging infrastructure with robotic solutions.

2

The company's robots use advanced sensors (ultrasonic, laser, thermal) to collect vast amounts of data on infrastructure health.

3

Gecko's AI platform, Canal, analyzes this data to predict failures, extend asset lifespan, and optimize operations.

4

The sales cycle has evolved from plant managers to CTOs and CFOs, focusing on financial benefits like depreciation extension and efficiency gains.

5

Gecko's technology offers significant value in defense, maritime, energy, and manufacturing sectors, improving readiness and reducing emissions.

6

Robots in industrial settings, especially for data collection, are seen as critical applications, potentially integrating with future humanoid robots.

THE CRITICAL NEED FOR INFRASTRUCTURE MAINTENANCE

The world's essential infrastructure, from bridges and power plants to pipelines and military assets, is aging rapidly and failing at an increasing rate. This presents a monumental $4.59 trillion domestic problem, impacting not only economic stability but also national security. Traditional inspection methods, often relying on human "Joes on ropes" with basic sensors, are time-consuming, dangerous, and insufficient for capturing the complex data needed to prevent catastrophic failures. The sheer scale of maintenance needs, with the military alone spending $400 billion annually on upkeep, highlights the inadequacy of current approaches.

THE ORIGINS AND EVOLUTION OF GECKO ROBOTICS

Gecko Robotics was born from a personal encounter with catastrophic infrastructure failure. Witnessing the human cost and financial impact of a boiler explosion, founder Jake Loosararian became obsessed with finding a technological solution. Starting in a college dorm, the company's initial focus was on building wall-climbing robots equipped with ultrasonic sensors to inspect dangerous environments like power plant boilers. This early success, saving a plant $30 million in one year, validated the core concept and fueled the company's growth from a bootstrapped startup to a leader in industrial robotics and software.

ADVANCED ROBOTIC INSPECTION AND DATA COLLECTION

Gecko Robotics deploys a diverse fleet of robots, including drones, terrestrial robots (like the dog-like ANYbotics), and submersible units, to gather comprehensive data on infrastructure health. These robots are equipped with sophisticated sensors such as cameras for photogrammetry, ultrasonic sensors for internal defect detection, lasers for precise measurements, and thermal imaging for operational monitoring. They can traverse various surfaces and geometries in hazardous conditions, collecting terabytes of data autonomously in a fraction of the time traditional methods require, often without shutting down operations.

THE CANALEVER AI PLATFORM AS A CENTRALIZED SOLUTION

The collected data is processed and analyzed through CanLever, Gecko's AI and robotics-powered operating platform. By prioritizing data acquisition and then building software upon it, CanLever offers a significant advantage. It creates a digital representation of assets, integrates various data layers, and provides actionable insights. This platform allows for predictive modeling, extending the useful life of infrastructure by accurately identifying maintenance needs years in advance, thus avoiding costly replacements and unplanned downtime, ultimately impacting companies' P&Ls and margins.

BROAD APPLICATIONS ACROSS CRITICAL SECTORS

Gecko's technology has broad applicability, serving major clients in oil and gas, manufacturing, defense, and maritime industries. In the defense sector, it's used for modernizing missile silos and improving naval readiness by reducing maintenance turnaround times. For maritime applications, it extends to ballast tanks and hulls. The energy and manufacturing sectors benefit from emissions reduction through preventing pipeline leaks and optimizing operational throughput. Furthermore, Gecko is contributing to new builds, like advanced submarines, by ensuring digital threads and efficient manufacturing processes.

THE FUTURE OF ROBOTICS AND DATA IN INDUSTRY

Jake Loosararian believes that the future of AI and robotics in industry lies in solving complex, real-world problems, not just performing simple tasks like backflips. He sees potential for generalized humanoid robots, like Optimus, to integrate with Gecko's data infrastructure, enabling them to perform critical tasks in dangerous industrial environments. The company's API platform allows other robotic companies to leverage their data expertise. Gecko's foundational strategy, built on first-order data collection and analysis, positions them to dominate the evolving software landscape, moving from reactive to proactive infrastructure management.

SALES CYCLE AND CUSTOMER ENGAGEMENT

The sales cycle at Gecko Robotics has evolved significantly. Initially, sales were driven by convincing plant managers to allow on-site inspections. Now, the company engages with CTOs and CFOs, as the products have strong financial implications, particularly concerning depreciation models and operational efficiencies. Customers primarily purchase CanLever as a software license, which includes the implementation of robotic data collection. Gecko aims to make data refreshes, where robots collect updated information, free, reinforcing the value proposition of continuous monitoring and analysis.

ADDRESSING PUBLIC INFRASTRUCTURE SAFETY CONCERNS

Beyond financial benefits, Gecko's technology directly addresses public safety by identifying critical issues in bridges and tunnels that might otherwise go unnoticed until a disaster strikes. The robots can detect concrete decay, structural anomalies, and other forms of degradation. By integrating architectural data and performing diffs, Gecko can identify deviations from design specifications. The company is actively working on projects, such as modernizing bridge maintenance in Allegheny County, Pennsylvania, to improve prioritization of capital deployment and ensure public safety through better infrastructure oversight.

Infrastructure Maintenance and Failure Costs

Data extracted from this episode

CategoryCost/ValueNotes
Domestic infrastructure need (to reach 'B' grade)$4.59 trillionOverall estimate for adequate maintenance.
Military maintenance budget40% of budget ($400 billion)Not for new builds, just keeping old things working.
Fortune 500 annual loss from failures$1.5 trillionDue to unpredictable catastrophic failures.
Power plant boiler shutdown cost$2 million per dayDue to pressure tube explosions.
Cost to replace a sulfuric acid tank$8 millionGecko's services can extend life instead.
Customer value from reduced risks/spending$15 millionFor 50 assets, including safety and environmental benefits.
Potential ROI per tank for 12th largest oil/gas company$122,000On 100,000 tanks.
US emissions reduction by 2030 (if pipeline/oil leaks stopped)18%Potential environmental impact.
Navy ship availability1/3rdDue to maintenance cycles.
Navy flight deck turnaround time improvement1 monthAchieved by Gecko's technology.
Labor reduction for Navy flight decks85%Achieved by Gecko's technology.

Common Questions

Gecko Robotics addresses the critical issue of aging infrastructure by using wall-climbing robots and AI-powered software to inspect, maintain, and protect essential structures like bridges, pipelines, and power plants, preventing catastrophic failures and extending their lifespan.

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