Category Archives: Robotics

Sarcos Technology and Robotics (NASDAQ:STRC Get Rating) and RINO International (OTCMKTS:RINO Get Rating) are both small-cap industrial products companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, valuation, institutional ownership, analyst recommendations, earnings and risk.

Analyst Ratings

This is a summary of recent ratings for Sarcos Technology and Robotics and RINO International, as provided by MarketBeat.

Profitability

This table compares Sarcos Technology and Robotics and RINO Internationals net margins, return on equity and return on assets.

Insider and Institutional Ownership

35.3% of Sarcos Technology and Robotics shares are held by institutional investors. 23.2% of Sarcos Technology and Robotics shares are held by insiders. Comparatively, 12.1% of RINO International shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Sarcos Technology and Robotics and RINO Internationals top-line revenue, earnings per share (EPS) and valuation.

RINO International has lower revenue, but higher earnings than Sarcos Technology and Robotics.

Risk & Volatility

Sarcos Technology and Robotics has a beta of 2.69, suggesting that its share price is 169% more volatile than the S&P 500. Comparatively, RINO International has a beta of -4.3, suggesting that its share price is 530% less volatile than the S&P 500.

Summary

Sarcos Technology and Robotics beats RINO International on 6 of the 8 factors compared between the two stocks.

Sarcos Technology and Robotics Company Profile (Get Rating)

Sarcos Technology and Robotics Corporation designs, develops, and sells robotic systems. Its robotic systems augment human performance by combining human intelligence, instinct, and judgment with machines to enhance employee safety and productivity. The company's mobile robotic systems include the Guardian XO, a full-body powered exoskeleton; Guardian XT, a highly dexterous mobile robot perform; Guardian GT, a force-multiplying dexterous robotic system; and Guardian S, a remote-controlled visual inspection and surveillance robotic system. Sarcos Technology and Robotics Corporation is headquartered in Salt Lake City, Utah.

RINO International Company Profile (Get Rating)

RINO International Corporation, through its subsidiaries, operates as an environmental protection and remediation company in the People's Republic of China. The company engages in designing, manufacturing, installing, and servicing wastewater treatment and flue gas desulphurization equipment primarily for use in the iron and steel industry; and anti-oxidation products and equipment for use in the manufacture of hot rolled steel plate products. Its products include Lamella Inclined Tube Settler Waste Water Treatment System, which comprise industrial water treatment equipment, effluent-condensing equipment sets, solid and liquid abstraction dewatering equipment, and coal gas dust removal and cleaning equipment; and Circulating, Fluidized Bed, Flue Gas Desulphurization System that removes particulate sulphur from flue gas emissions generated by the sintering process in the production of iron and steel; and High Temperature Anti-Oxidation System for hot rolled steel, a set of products and a mechanized system, which reduces oxidation-related output losses in the production of continuous cast hot rolled steel. In addition, it offers contract machining services for third-party industrial enterprises. The company was incorporated in 1984 and is headquartered in Dalian, the People's Republic of China.

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Reviewing Sarcos Technology and Robotics (NASDAQ:STRC) and RINO International (OTCMKTS:RINO) - Defense World

Photo credit: Dyson

"Hearst Magazines and Yahoo may earn commission or revenue on some items through the links below."

Last week, Dyson announced that for more than ten years, the company known for vacuums has been working on robots that can help us complete household chores.

In a new hiring push, Dyson is expanding its robotic engineering efforts across four new facilities in Europe and Asia.

A more rugged robot is required to handle the wear-and-tear of working inside a chaotic human household.

Imagine a robot picking up toys strewn about your home. Or maybe a robot bleaching the kitchen counter after it meticulously washes your dishes and places them in your drying rack. Thats the vision of the future that Dyson hopes to make a reality with an engineering push that welcomes robots into our homes to complete arduous, repetitive household tasks. That could make your least favorite chores a thing of the past.

On May 25, Dyson revealed that the brand, best known for its line of vacuums, has spent the last ten years heavily dedicated to improving robotics within the home; its all part of a covert 20-year push toward advanced household robotics that began with the firms development of robo-vacuums. There is a big future in robotics, saving people time, performing chores for people and improving peoples daily lives, Dyson says in a YouTube video about the new robots (embedded at the top of this story).

Dyson released the promotional video as part of a hiring push, as it aims to eventually have 700 engineers across four sites in the United Kingdom and Singapore dedicated to household robotics.

To make it work, Dyson knows it needs to continue to improve the functionality and durability of the machinery to be as compliant as possible and safe in a home environment. Translation: make a robot that doesnt get destroyed by the humans it hopes to help.

In order for Dyson to get a robot involved in cleaning the sofa, picking up toys, putting away dishes, or cleaning countertops, the company needs to improve its durability. With movable arms and grippersmeaning various degrees of freedom, or directions the robot can move inthe machine cant be under a constant threat of breaking. It also needs to be able to move about a home without breaking other things. (Unless, you know, Dyson figures out how to get the robots to fix things, too).

Story continues

Dyson is already at work upgrading sensors and cameras to help the robot scan rooms, furniture, and household items to better understand and distinguish between objects. Add in upgraded thermal imagingwe dont want the robots trying to clean humans, after alland the robots are well on their way to becoming adequate cleaning pros.

Photo credit: Dyson

Of course, Dyson isnt the only group trying to make a complex household-friendly robot. Unlimited Robotics believes its robot, Gary, can handle a few basic household chores once it dials in the software. Aeolus Robots, meanwhile, has built machines that can help out with opening doors and picking up items. Boston Dynamics, for its part, already has a popular robotic dog, called Spot, that can not only load the dishwasher, but has taken up work with a bomb squad, at oil and gas sites, and even in medical settings throughout the pandemic. (You can even buy one of your own, but its pricey).

Dyson is working with Englands Imperial College London on secretive additional research and development, and reportedly plans to spend nearly $3.5 billion on technologies and facilities over the next five years, at least a large portion of that filling out the robotics effort.

Dyson says it want the worlds brightest robotics engineers to join the company to create the UKs largest, most advanced robotics center at Hullavington Airfield and to bring the technology into our homes by the end of the decade.

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Dyson Is Building Robots to Perform Your Most Dreaded Household Chores - Yahoo Life

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Robotics is a diverse industry with many variables. Its future is filled with uncertainty: nobody can predict which way it will develop and what directions will be leading a few years from now. Robotics is also a growing sector of more than 500 companies working on products that can be divided into four categories:

According to the International Federation of Robotics data, 3 million industrial robots are operating worldwide the number has increased by 10% over 2021. The global robotics market is estimated at $55.8 billion and is expected to grow to $91.8 billion by 2026 with a 10.5% annual growth rate.

The field of robotics is facing numerous issues based on its hardware and software capabilities. The majority of challenges surround facilitating technologies like artificial intelligence (AI), perception, power sources, etc. From manufacturing procedures to human-robot collaboration, several factors are slowing down the development pace of the robotics industry.

Lets look at the significant problems facing robotics:

Different real-world environments may become challenging for robots to comprehend and take suitable action. There is no match for human thinking; thus, robotic solutions are not entirely dependable.

There was considerable progress in robots perceiving and navigating the environments for example, self-driving vehicles. Navigation solutions will continue to evolve, but future robots need to be able to work in environments that are unmapped and not fully understood.

Full autonomy is impractical and too distant as of now. However, we can reason about energy autonomy. Our brains require lots of energy to function; without evolutionary mechanisms of optimizing these processes, they wouldnt be able to achieve the current levels of human intelligence. This also applies to robotics: more power required decreases autonomy.

Elaborate hardware is crucial to todays robots. Massive work still needs to be performed with artificial muscles, soft robotics, and other items that will help to develop efficient machines.

The above challenges are not unique, and they are generally expected for any developing technology. The potential value of robotics is immense, attracting tremendous investment that focuses on removing existing issues. Among the solutions is collaborating with artificial intelligence.

Robots have the potential to replace about 800 million jobs globally in the future, making about 30% of all positions irrelevant. Unsurprisingly, only 7% of businesses currently do not employ AI-based technology but are looking into it. However, we need to be careful when discussing robots and AI, as these terms are often assumed to be identical, which has never been the case.

The definition of artificial intelligence tells about enabling machines to perform complex tasks autonomously. Tools based on AI can solve complicated problems by analyzing large quantities of information and finding dependencies not visible to humans. We at ENOT.ai featured six cases when improvements in navigation, recognition, and energy consumption reached between 48% and 800% after applying AI.

While robotics is also connected to automation, it combines with other fields mechanical engineering, computer science, and AI. AI-driven robots can perform functions autonomously with machine learning algorithms. AI robots can be described as intelligent automation applications in which robotics provides the body while AI supplies the brain.

The cooperation between robotics and AI is naturally called to serve mankind. There are numerous valuable applications developed so far, starting from household usage. For example, AI-powered vacuum cleaners have become a part of everyday life for many people.

However, much more elaborate applications are developed for industrial use. Lets go over a few of them:

With advances in artificial intelligence coming on in leaps and bounds every year, its certainly possible that the line between robotics and artificial intelligence will become more blurred over the coming decades, resulting in a rocketing increase in valuable applications.

The competitive field of artificial intelligence in robotics is getting more fragmented as the market is growing and is providing clear opportunities to robot vendors. The companies are ready to make the first-mover advantage and grab the opportunities laid by the different technologies. Also, the vendors view expansion in terms of product innovation and global impact as a path toward gaining maximum market share.

However, there is a clear need for increasing the number of market players. The potential of robotics to substitute routine human work promises to be highly consequential by freeing peoples time for creativity. Therefore, we need many more players to speed up the process.

Artificial intelligence and robotics have already formed a concrete aim for business investments. This technology alliance will undoubtedly change the world, and we can hope to see it happen in the coming decade. AI allows robotic automation to improve and perform complicated operations without a hint of error: a straightforward path to excellence. Both industries are the future driving force, and we will see many astounding technological inventions based on AI in the next decade.

SergeyAlyamkin, Ph.D. isCEO and founder ofENOT.

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Meet MARCo - a mental health assisting robot companion

MARCo, a mental health assisting robot companion, was created by Jacob Boyle after his struggles finding a therapist when he was younger.

Anne-Marie Caruso, NorthJersey.com

Last weeks VEX Robotics World Championships in Dallas brought together more than 3,000 robotics clubs from elementary, middle and high schools and colleges from across the world to showcase their knowledge and expertise.

Three of those entries came from Etowah County: Duck Springs and Ivalee Elementary Schools, and Etowah Middle School.

Duck Springs and Ivalee have competed in the World Championships before; this was Etowah Middles first year ever to go.

From last month: Etowah County Commissioners congratulate robotics teams

Adulting 101: Etowah Career Tech Center takes a day to give students 'life lessons'

Our goals have always been to be able to compete and rank at a high level at the worlds competition, said Etowahs robotics sponsor, Tammy Basaraba, Weve had our robotics program for the past three years and I got involved in it through having kids who were interested in the program because theyve been involved in it since elementary school.

Etowah Middle Schools team consisted of Charlie Craft, Trae Boley and Brawlle Beacham, all seventh-graders. While this was Beachams first time competing, Craft and Boley had both been to the competition before as elementary school students.

We have developed programming skills and have learned more about how to build and construct things, Craft said about his experience with the program. We have learned teamwork skills and how to develop strategies to accomplish your goals.

He said for this competition, they brought a robot that could intake balls, drive around, launch balls into the high goal and hang on a suspended bar.

We first build the drivetrain to be fast with a 2 to 1 gear ratio, he said. Our intake system is made with sprockets and rubber bands to rotate and suck up balls. Finally, we build a catapult to launch balls into the high goal. It was late in the year before we finally figured out how to get our robot to hang on the bar. The process was difficult, but in the end, it was worth it.

Craft began working with robotics at Duck Springs Elementary School, which competed on the world level for the fourth time in the programs history that dates back to 2018.

Duck Springs current team consists of sixth-graders Madi Lumpkin, Micheal Wortham and Wilin Gomez, alongside fifth-grader Ella Nance. Program instructor Dustin Quinn said they all have team roles, as well as specialized tasks.

"I love to teach science and math, they are my two favorite subjects, he said. When we found out about the robotics grants available, my principal thought I would enjoy teaching robotics.

The students were eager to have a program that challenged their creativity and competitiveness, and they were successful from the beginning, winning many awards and, this year, placing eighth in their division at worlds, Quinn said.

The students said they became involved because they found the program to be fun, and thought it would help teach them teamwork and other valuable future skills.

If I continue with my work in the robotics club, it will allow me to get skills I need to get a job in the future, said Lumpkin.

Gomez added, It gives me the ability to help and work with a team."

Duck Springs has been preparing for competition since the beginning of the school year, hoping to improve its award-winning robot.

To prepare for worlds, the team knew they would need a better robot, Quinn said. The robot had to be able to intake and carry more balls to be thrown into the goal. This was a huge undertaking since it had taken from August until January to build their robot. We scheduled practices on several weekends to get the work done.

The program at Duck Springs has also benefited from the help of Genia Craft, who was involved in starting the robotics team at Ivalee Elementary School eight years ago alongside current instructor Charlotte Hindman.

My grandchildren attend Duck Springs, and I wanted them to have the opportunity to be involved in the robotics program that I am extremely passionate about, she said. The Duck Springs principal, Suzanne Nance, welcomed the idea of a robotics team. She found the perfect partner instructor and supplied the team with ample equipment and never-ending moral support.

Ivalee competed for the third time this year; its primary team was Bryce Bedell, JL Gargus and Noah Vangilder. The school also has a secondary team, Caleb Battle and JC Garmany.

This years students are amazing, Hindman said. COVID caused them to miss being able to participate in this extracurricular activity for a couple of years, but they have risen to the challenge. Their natural talents and abilities have served them well in the learning processes we experience in the club. They are exceptional young men.

Gargus said their robot was a beginner robot with some modifications to it that allowed them to be able to pick up and transfer two small objects at once.

It feels really good to be able to call ourselves some of the best in the state and to be able to show off our skills and what weve learned so far, added Vangilder.

All three teams have similar goals, in that they hope to keep their students in a fast-paced learning environment to help them thrive in the professional world as they get older.

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Our goals for the students are to learn to be active problem-solvers through the use of technology, said Quinn. Students learn how to code their robots to perform certain tasks, which is not easy, but the students learn to persevere. They also learn to quickly reevaluate their programs and adapt them to meet their objectives. This skill will help them later to meet their life goals.

Hindman added, My hope and vision for the teams that come through this program is that it will spark an interest in something greater than a robotics competition. I want them to carry the skills they are learning to the next level. Science, technology, engineering and math careers are and will continue to be in high demand.

Those involved with the robotics programs are hoping for continued success and more competition at the world level in the future.

Even though I will be retiring from the program this year, I know our teacher and sponsor for the younger students, Christie Brown, will continue to do an excellent job, Hindman said.

Basaraba added, I hope that we all get to continue to grow and have students that successfully make it to worlds each and every year.

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Etowah County's robotics programs: Who are they, what they do - Gadsden Times

Skunkworks Robotics 1983 team is inviting 8th 10th grade students and their parents to its Spring Open House in north Burien onThursday,June 2, 2022, from 6:307:30 p.m.

If you are curious about what it takes to build a 120-lb semi-autonomous machine and compete in the premier FIRST Robotics League, please join them to:

More details upon request; please visit:

About Skunk Works Robotics 1983 TeamTeam 1983 Skunk Works Robotics is a participant with FIRST (For Inspiration and Recognition of Science Technology) program and are organized as a 4-H club. As a team, they compete at 2 or 3 district events, a district championship, and travel to the world championship most years. In addition to building and competition, they strive to better their community by using LEGO mindstorms to teach elementary students about the benefits of STEM and the fun of robotics.

Learn more at https://skunkworks1983.com.

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Skunkworks Robotics Team Open House will be Thursday, June 2 - The B-Town (Burien) Blog - The B-Town Blog

BOSTON, May 20, 2022 /PRNewswire/ --Locus Robotics (www.locusrobotics.com), the industry leader in autonomous mobile robots (AMR) for fulfillment warehouses, today announced that it has been named to Boston Business Journal's 2022 Fast 50 list for the second year in a row.

Locus was officially ranked as the third ranked company at the event held in Boston on Thursday, May 19, clarifying the positions of honorees that were announced earlier this month. For the complete list of 2022 Fast 50 companies, visit the BBJ's website here.

"Locus Robotics is honored to again be recognized by the BBJ as one of the fastest growing companies in Massachusetts," said Rick Faulk, CEO of Locus Robotics. "As demand for warehouse robotics automation increases to meet exploding global ecommerce volumes, we are extremely proud of our entire global team who are committed to providing world-class products and services that deliver optimal results for our customers."

Locus's inclusion in the 2022 BBJ Fast 50 follows their being named to the Inc. 500 list and coincides with the company's 800M pick milestone.

The Fast 50 companies are selected and ranked based on revenue growth from 2018 to 2021.Companies are analyzed and ranked by the Business Journal's research department.

"We are so happy to be able to celebrate this year's Fast 50 in person, bringing together the leaders, founders, and professionals working at the region's fastest-growing private companies," said Carolyn M. Jones, market president and publisher of the Boston Business Journal.

Companies on the Fast 50 must have their headquarters in Massachusetts and must have reported revenue of at least $500,000 in 2018 and $1 million in 2021 to be considered.

The Boston Business Journalis the region's premier business media organization, one of 45 markets owned by American City Business Journals. For marketing and sponsorship opportunities, contact the Business Journaltoday.

About Locus Robotics

Locus Robotics' revolutionary, multi-bot solution incorporates powerful and intelligent autonomous mobile robots that operate collaboratively with human workers to dramatically improve piece-handling productivity 23x, with less labor compared to traditional piece handling systems. This solution helps retailers, 3PLs and specialty warehouses efficiently meet and exceed the increasingly complex and demanding requirements of fulfillment environments, easily integrating into existing warehouse infrastructures without disrupting workflows, instantly transforming productivity without transforming the warehouse. In 2021 Locus Robotics joined the Inc. 500, ranking number 428. For more information, visit http://www.locusrobotics.com.

ContactsChristina GoriniBrandstyle Communications[emailprotected]+1 732-496-1118

SOURCE Locus Robotics

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Boston Business Journal names Locus Robotics to 2022 Fast 50 list for second year in a row. - PR Newswire

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Artificial Intelligence and Robotics Market Is Expected to Boom: ABB, Alphabet, Amazon The Daily Vale - The Daily Vale

RINO International (OTCMKTS:RINO Get Rating) and Sarcos Technology and Robotics (NASDAQ:STRC Get Rating) are both small-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, analyst recommendations, earnings, risk, institutional ownership, profitability and dividends.

Earnings and Valuation

This table compares RINO International and Sarcos Technology and Robotics revenue, earnings per share and valuation.

Analyst Ratings

This is a breakdown of recent ratings and price targets for RINO International and Sarcos Technology and Robotics, as reported by MarketBeat.com.

Sarcos Technology and Robotics has a consensus price target of $8.50, suggesting a potential upside of 107.82%. Given Sarcos Technology and Robotics higher possible upside, analysts plainly believe Sarcos Technology and Robotics is more favorable than RINO International.

Risk and Volatility

RINO International has a beta of -4.71, suggesting that its stock price is 571% less volatile than the S&P 500. Comparatively, Sarcos Technology and Robotics has a beta of 2.68, suggesting that its stock price is 168% more volatile than the S&P 500.

Profitability

This table compares RINO International and Sarcos Technology and Robotics net margins, return on equity and return on assets.

Insider & Institutional Ownership

35.3% of Sarcos Technology and Robotics shares are held by institutional investors. 12.1% of RINO International shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Sarcos Technology and Robotics beats RINO International on 5 of the 8 factors compared between the two stocks.

About RINO International (Get Rating)

RINO International Corporation, through its subsidiaries, operates as an environmental protection and remediation company in the People's Republic of China. The company engages in designing, manufacturing, installing, and servicing wastewater treatment and flue gas desulphurization equipment primarily for use in the iron and steel industry; and anti-oxidation products and equipment for use in the manufacture of hot rolled steel plate products. Its products include Lamella Inclined Tube Settler Waste Water Treatment System, which comprise industrial water treatment equipment, effluent-condensing equipment sets, solid and liquid abstraction dewatering equipment, and coal gas dust removal and cleaning equipment; and Circulating, Fluidized Bed, Flue Gas Desulphurization System that removes particulate sulphur from flue gas emissions generated by the sintering process in the production of iron and steel; and High Temperature Anti-Oxidation System for hot rolled steel, a set of products and a mechanized system, which reduces oxidation-related output losses in the production of continuous cast hot rolled steel. In addition, it offers contract machining services for third-party industrial enterprises. The company was incorporated in 1984 and is headquartered in Dalian, the People's Republic of China.

About Sarcos Technology and Robotics (Get Rating)

Sarcos Technology and Robotics Corporation designs, develops, and sells robotic systems. Its robotic systems augment human performance by combining human intelligence, instinct, and judgment with machines to enhance employee safety and productivity. The company's mobile robotic systems include the Guardian XO, a full-body powered exoskeleton; Guardian XT, a highly dexterous mobile robot perform; Guardian GT, a force-multiplying dexterous robotic system; and Guardian S, a remote-controlled visual inspection and surveillance robotic system. Sarcos Technology and Robotics Corporation is headquartered in Salt Lake City, Utah.

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RINO International (OTCMKTS:RINO) versus Sarcos Technology and Robotics (NASDAQ:STRC) Head to Head Analysis - Defense World

Yu Sun, Professor of Computer Science and Engineering at the University of South Florida, created and organized the Robotic Grasping and Manipulation Competition. Yu talks about the impact robots will have in domestic environments, the disparity between industry and academia showcased by competitions, and the commercialization of research.

Yu Sun is a Professor in the Department of Computer Science and Engineering at the University of South Florida (Assistant Professor 2009-2015, Associate Professor 2015-2020, Associate Chair of Graduate Affairs 2018-2020). He was a Visiting Associate Professor at Stanford University from 2016 to 2017, and received his Ph.D. degree in Computer Science from the University of Utah in 2007. Then he had his Postdoctoral training at Mitsubishi Electric Research Laboratories (MERL), Cambridge, MA (2007-2008) and the University of Utah (2008-2009).

He initiated the IEEE RAS Technical Committee on Robotic Hands, Grasping, and Manipulation and served as its first co-Chair. Yu Sun also served on several editorial boards as an Associate Editor and Senior Editor, including IEEE Transactions on Robotics, IEEE Robotics and Automation Letters (RA-L), ICRA, and IROS.

transcript

Kegan: [00:00:00] Hi, welcome to the Robohub podcast. Would you mind introducing yourself for us please?

Dr. Yu Sun: Sure, certainly. My name is Yu Sun. Uh, Im a professor in the computer science and engineering departments at the University of South Florida. Um, in 2009, I started a lab called the robot perception and action lab, uh, and, uh, we have been working on, uh, several robotics, uh, research problems since then, uh, mainly related to, uh, robot perception and action, but steady the, um, the type of the lab.

Uh, so recently, uh, we, uh, have mainly working on. Um, domestic robotics and try to really, uh, focusing on cooking problems, uh, in a home kitchen. Um, so, uh, to me essentially, um, robot, if a robot can cook, uh, you know, home a kitchen [00:01:00] and, uh, we think, um, uh, the well be able to do all the remaining tasks because, you know, cooking, you know, home kitchen, uh, is, is probably the most complicated, uh, domestic job.

Kegan: Is that where you see robotics really making a large impact in the near future is in the domestic, application?

Dr. Yu Sun: Yeah. In the, um, I think, uh, so first from my point of view, I think if a robot, um, how to grow, uh, If a robot can grow, and we have to have a lot of, uh, commercialization, um, capability and the future, right? So, uh, someone has to, uh, put a lot of investments into this technology and they certainly want to see, uh, revenue, uh, from this technology.

Um, I think everybody pretty much, uh, can see. Uh, if we can get the robots that can, [00:02:00] so robots, uh, in everyones home, uh, that kind of revenue would certainly be able to drive, um, the whole, uh, robotics research forward.

Kegan: Yeah, definitely, and talking of driving robotics forwards, uh, you youve worked with robotic competitions and you have a robotic competition that you help run, right.

Yu Sun: Yes, I do. Um, I work, uh, we, um, uh, a few researchers, uh, in the field and, uh, uh, starting, uh, started this competition in 2016. Its called the robotics grasping and manipulation competitions. And, uh, so this year, um, this is the fifth time were going to run this and were going to run this at, ICRA and IROS.

Kegan: Cool. What motivated you to start this competition?[00:03:00]

Dr. Yu Sun: Well, its pretty interesting story at the very beginning. Um, I was tapping into co-chair, uh, there are competition committee. Uh, these are two of my friends and in 2016 for IROS, uh, at that time, uh, we, uh, tried to solicitate people who propose competitions, uh. At that time, dont not allow people wanting to organize.

Um, so Ive been asked to see, okay, is it possible, um, to come up and do some kind of competition? Um, so I, at that time, uh, thought about, uh, you know, there is a lot of research going on. For robotics, grasping and manipulation. And I also do research in that field and, um, and also at that time, uh, industry is a little bit, uh, tempted to apply robots to their applications, but theyre just not sure.

So I, I [00:04:00] found that was a good time to really connect with them both, the academia and industry online side. So what do we can do right over the years? So what do we have? What, what are mature and, uh, and also set that expectation, um, strict, right? So theres a lot of, um, very fancy demo videos on YouTube and the claim robots can do everything.

And, um, you know, uh, people industry seeing that to really have a, a wrong, um, kind of expectation. So, uh, competition, I think serve, uh, uh, for both, right, for industry people to, uh, get to know what we do, which is mature and all show, uh, what we expect of all academia. Um, people really first demonstrate what they can do.

Um, second, uh, they basically use this as a, uh, as [00:05:00] a way to communicate and with industry, and also at the same time, getting some feedback from the industry to really see what kind of problem they are interested in.

Kegan: Interesting. Is that something youve seen in the last, you said that its been going for five years?

Dr. Yu Sun: Uh, has there been sort of that back and forth with industry and academia?

Yeah, sure. Suddenly, uh, we were really, uh, fortunate enough to get a lot of sponsors at the very beginning. So over the years, every year we have. Uh, some support from the industry. Um, usually there are multiple companies, um, either provide a price money or the even provide, um, uh, travel support.

Um, so we, we need to get a lot of, uh, support from the industry. Um, and, uh, we also seen a lot, the teams, um, can work their technology and commercialized their technology. And also the, uh, become a startup, right. So I think we [00:06:00] have, uh, at least two teams. I know two or three, I think maybe three teams, um, after the competition, the, a, uh, startup and they, basically, it has been quite successful.

And also I also have seen, uh, a small startup, um, participated in 2016 and they called to be picked up for more, uh, venture capital, uh, and, uh, they grow very fast from there. Um, so yeah, we, we, we do see a lot of progress.

Kegan: Wow. Thats great. Im sure it, its something that can bring together people from a lot of different backgrounds and, and, and, you know, industry and academia and that seems awesome.

Uh, what contributions have you seen from the, the competition or what, what value do you see that the competition is bringing to you personally and maybe more from an academia side?

Dr. Yu Sun: yeah, from academia side, I think a lot of times, uh, you know, [00:07:00] we, each of us, uh, well work on our own things.

Right? So, um, uh, we, we attend conferences. We kinda know what other people are doing. Uh, but we really dont, um, have a, uh, a lot of ideas of how, and when this can be commercialized or what are the industry needs and really need. Uh, so for me, um, organize, organize this. I basically. Uh, starting to solicitate, uh, research problems from the research industry.

So before, uh, our first competition, I send out the emails to the robotics mailing list and asked people to, um, send us the problem they think are interesting and important and need to be solved. And, uh, we got a lot of replies and, uh, from that, so we come out from its about 30 problems, uh, I think exactly 30, uh, 36 problems.

Um, [00:08:00] and we formulate them and, uh, you know, can work into past, uh, pools essentially. We use that task pool for a few years. Um, and also at the same time, I, uh, reach out to, um, some companies and, uh, companies, including manufacturing companies and the resistor companies. And uh, many other companies and I went to their facility and talk to them, uh, for example:

I talked with, um, uh, manufacturing, uh, directors, um, at Samsung, um, they working with a small electronics and to try to make them and they have a lot of industry problems. And a lot of people were not aware of such as putting cables and, uh, uh, inserting, uh, handling flexible cables, uh, those kinds of things.

Um, so we incorporate them [00:09:00] into, uh, our competition tasks and, uh, um, yeah, because thats the experience. I think I learned a lot and really got to better picture, uh, what the field looks like. Um, mature. And what are still, I think is in infancy.

Kegan: It seems like a great, um, opportunity to learn as well, too, to find a, find a competition, to sort of learn and, and try to reach for something.

Do you see that the people that are, competing in these competitions are the same set of people or, do you have new people coming in and, and, um, um, sort of entering the field through a competition, I guess.

Dr. Yu Sun: Right. Um, we do, we do see both. We see, uh, several teams and basically continue, uh, in the competition, you know, over a year.

And we can see, um, how they grow, and in the beginning of they can do a little. And, uh, um, their standing [00:10:00] in the, in the competition, uh, at very beginning is not as good. And then over the years, the, um, continually improve their technology and we can see their performance has improved dramatically.

Uh, every year we also see new teams and, um, you know, uh, teams coming in. And, uh, so first the, the, the, the, um, kind of, at a certain stage, right? So at a certain stage, the people they are ready to show what they can do. Um, so, um, yeah, so we, we always have a new people, uh, to reach that stage and, uh, and they want to participant.

Kegan: Do you have any recommendations for people that want to get started in competitions either, I guess, starting a competition or joining an existing competition and working on it?

Dr. Yu Sun: Yeah. Well, participating in our competition. Uh, I think, uh, theres many different ways. Um, first we [00:11:00] have, uh, three different tracks this year and they usually, every year we have, uh, uh, different tracks, uh, this year.

Uh, we have this cloud, um, kind of, uh, uh, track and its, uh, its called the OCR talk, um, its uh, its uh, basically we provide a robotic platform for everyone on cloud. Um, so people can, um, program and, uh, create their solutions and submit, and therell be people basically can run, uh, the submission, on a standarized platform.

So that lowers the barrier, right? So you dont even need to have a robotic system to participate. Um, and we all show in that track, we also provide simulator so you can simulate, and then we can, we provide the real robot, a system you can upload, or we can run that for you. Um, then, um, on the other side, if you [00:12:00] have a robotic system and, uh, then you can decide which direction is your passion, right?

So we have, uh, two tracks, uh, on service, uh, robotics and another is on manufacturing. So if youre interested in, uh, domestic service, uh, so you can participate in that. And if youre interested in manufacturing problems and we do have that track and Joe Falco take the lead on that side and from a, he is from the NIST.

Um, he, uh, viewed, uh, this nice task board. And then we send everyone to task board to for free, and then they can try those task boards, at their lab and. Um, you know, if they feel they can do whatever well, then they can move forward. Yeah,

Kegan: Why robotic, grasping, and manipulation, why that competition, um, specifically, and youve kind of touched on this

Dr. Yu Sun: Right. So grasping [00:13:00] manipulation is a very old problem, right? So we can, you can understand its, uh, its a fundamental problem at the very beginning of robotics.

People want to do something, right? So you you want to do something how to, uh. How to touch something you, how to change the environment, right? Youd be wanting to change the environment. You have to touch it, but how you use hand and the arm, uh, those kinds of things. And, uh, so thats why it robotics, uh, grasping on the manipulation is very important.

Its a fundamental problem. Um, it needs to be solved to me, and thats the reason I get into this direction, because I think if robotics is wanting to go anywhere. Uh, the grasping and the manipulation, um, needs to be solved.

Kegan: Have you always seen yourself working in this area even more generally, you know, have you always seen yourself going into robotics and computer science or STEM or, or whats your, whats your history kind of.

Dr. Yu Sun: Oh, [00:14:00] okay. Yeah, thats quite interesting. Um, I do have, um, quite a diverse background. Um, so, um, when I was doing my bachelors degree, uh, I, I mainly, uh, I majored in, uh, automation, uh, particularly in the direction of, uh, control theory. Uh, I also have a minor, uh, in mathematics. Um, so during my, uh, uh, bachelors degree program and, uh, I learned a lot, uh, control theories, obviously.

And, um, uh, mathematics, um, also, uh, like circuit designs and, uh, also sensory designs, uh, mechatronics uh, mechanical designs and, uh, uh, also even, you know, force analysis for. Building the [00:15:00] substructures. And obviously as at the time, um, you know, full controls, we helped to learn computers. So I learned a lot of architecture, uh, programs, and even I learned AI at that time.

Um, then I, uh, went to Japan and, uh, I got my bachelors and masters degrees in China. Then when I went to Japan and to become a software engineer and, uh, started to, uh, do, uh, lab application development for, uh, Uh, for phones at that time, I think its was the infancy of a smartphones. They didnt really have a smart phones.

They only have a very tiny screen, but they want to use a phone to, um, get access to internet and, uh, you know, access to some of the applications. Um, then I, uh, uh, got into, uh, University of Utah, uh, started, uh, [00:16:00] PhD program, um, uh, study and, uh, I in the computer science department and the school of computing, uh, uh, and I worked with, uh, John Hollaback and I started to learn robotics.

I think my diverse background helped me, uh, in robotics because, you know, when we deal with, uh, robots, we, how to deal with robots as a whole. And, uh, there are just so many different components, um, of a robot, right? So, and anything can go wrong. So if you really not want to deal with, uh, electronics, or youre not want to deal with AI and not want to deal with programming.

Its not going to go very well, because any part of this system can go wrong. Um, if you dont really know whats happening, uh, is going to take a lot of time, uh, to, to really get something working.

Kegan: Robotics is very interdisciplinary and you really have to think [00:17:00] about all of it.

Um, what did you do any competitions while you were a PhD student or, or.

Dr. Yu Sun: Yeah. Yeah. Thats a very good insight, in 2007. Uh, there is a DARPA, uh, urban challenge. So I participated in there, uh, at that time. Uh, I was, uh, I did my last year of, uh, I had my last year of my PhD program. Um, and, uh, Pretty much in charge.

I work with a lot of people, right? So we, we have a big team. I think we have about 10 people. And at that time I think, uh, Tom Henderson and, uh, mark, uh, minor, uh, they, they were the team leaders and the ricotta group of, uh, people from mechanical engineering, computer science, uh, participated in this. And I was mainly working on in the [00:18:00] section uh, vehicle detections and negotiating between vehicles, you know, how to follow the rules, the traffic rules of the intersection. Um, yeah, thats, whats quite impressive. I mean, Im talking about the organization of that challenge. Um, I can also see, uh, from that challenge, the whole autonomous vehicle, uh, field has exploded, right?

So, uh, with that common goal. Uh, everybody, bought that common goal and that the research community, um, really, really spend a lot of effort to that, uh, to that, uh, you know, to try to fulfill that kind of vision.

Kegan: Is that? How you see. The robotic grasping competitions and stuff like that, playing out where that really helps then, you know, bring in this domestic robot thats in your house, helping you with all these kinds of tasks and stuff.

Um, do you think like competitions are [00:19:00] necessary to kind of spur on that growth?

Dr. Yu Sun: Yeah. So I think after that too, they are many different competitions and even DARPA perhaps another competition that involves some components of, uh, manipulation. Um, uh, obviously the focus, a lot of walking, uh, but also, uh, in the robotics community.

Uh, many different competitions. A lot of them has to do with domestic service. Uh, every year you have, you can see, uh, some number of the competitions. Um, so what we want to do is, uh, we want to do something, um, consistent, right so we want to keep monitoring the progress. Uh, we want to really understand. Uh, what, what are, uh, kind of, uh, uh, what, are the research problems, what are not, what has been solved and, um, uh, yeah, I think, you know, as I mentioned before, uh, [00:20:00] this, I hope this serve as a, as a bridge between the academia and the industry.

And, uh, um, I always think, uh, all the technology we develop it in academia should be used in industry. Right. We should have, um, find a place to be used and, um, yeah, so thats, thats probably the driving force to need to try to try to, you know, organize it. Its kind of like try to really bring what we can do to industry and to bring whats the research problem, uh, in industry to academia.

And also , you know, you asked me about the whether, you know, DARPA challenge will be the vision. Um, to that I think its very difficult for us to really get to that scale. Right. So DARPA has, uh, probably unlimited budget. Uh, [00:21:00] they have about a billion dollars to spend.

Uh, each year we have some support from the industry, but we never will be able to get, um, you know, a significant amount. Right. And we certainly want to, um, if its possible to form some kind of alliance with key players in industry, um, uh, who real benefit from the growth of robotics and manipulation.

Um, they, if they want to contribute and I think this is a good place to contribute and, uh, so we can certainly organize those kinds of things, getting people together. And, um, yeah to make the event, uh, better and more inclusive.

Kegan: Yeah! In your past, youve worked on medical applications. Is there any overlap between the competition and any sort of medical or hospital application?

Dr. Yu Sun: Well, [00:22:00] uh, not really at this time. Um, so previously I mainly working, um, Uh, in virtual reality for, uh, medical applications? Um, so at that very time, I was mainly tried to, uh, help the surgeons to see better. Um, so the surgeons using endescope, um, for minimum minimum invasive surgery. And, uh, when they, when they use that, um, they.

Have to look at an overhead monitor and the move the, uh, endescope and can look from any directions and that any kind of orientation, so the picture on the overhead monitor, is really, kind of, this display of a certain angle. You dont really know, right. So you really have this terrible hand-eye correlation and it, uh, makes training of surgeons [00:23:00] very difficult.

So we want to solve that kind of problem. So we basically, develop a kind of, um, uh, transparency display and, uh, um, convert the image from the endoscope cameras, um, uh, into, uh, morph image. And it can be projected on the abdomen to generate that transparent effect to give the natural hand-eye correlation to.

Kegan: Yeah, thats awesome. To really help support the surgeons doing their work. Do you think were anywhere close to having a robotic surgeon, um, to a robot actually doing the physical grasping and manipulation thats required for surgery?

Dr. Yu Sun: So first I think certainly, uh, in the future, um, I can see a lot of, uh, uh, research progress in many different labs in academia doing a lot of, uh, surgical robotics research.

And also in the [00:24:00] industry Intuitive surgery is the leader in the industry. Um, making a lot of progress, which there are DaVinci system and each year the, they come up with some kind of, uh, uh, automated, uh, procedures. And, uh, its always interesting to see, um, uh, how much progress they are making as usually very, very impressive.

So for me, um, I mainly. In the last few years, mainly focusing on robotics cooking. So I mentioned in the beginning, um, uh, because as I said, In the domestic environment, cooking is probably the most challenging task. Its involves so many different things and, uh, um, you know, a person you can think about when youre cooking, you have to allocate, recognize objects, allocate them, and really figuring out how [00:25:00] to pick them up, holding them, holding tools.

And you also have to do all kinds of different manipulations, right? So cutting and pouring, a very diverse environment . There was, uh, a number of, uh, objects that you have a different kinds of shapes and tools, right? So God, theres so many tools, so many kinds of sorts in the kitchen and, uh, um, and also, um, you know, manipulations, right.

So how to handle them properly. Yeah, so its a very challenging. So for me, um, we really working on three different aspects of this. The first thing we work on is, uh, knowledge representation and retrieval, so we try to really figure out how to represent this complicated and complex information, when you really do the, do the cooking.

So for us, we understand the recipes. [00:26:00] We even watch a YouTube instructional video. We understand how to do the cooking and how we can, were not to information to robot. Right? So how a robot will be able to gain cooking. So thats one of the things well work on. The second thing we work on is a multi objects grasping.

So not only, um, you know, we, we grasp one object at a time, right? So we do that, but a lot of times, um, uh, at our home kitchen, for example, we want to pick up strawberries from a box. Um, you know, we dont pick one by one. We pick multiple strawberries from the box at one time. And at the same, for eggs the two or three at the same time, and its not only in homein kitchen also industry like logistics, you see people.

Uh, know, stick they pick couple of apples from one bin being put into another [00:27:00] bin. You dont really see, you know, a worker, a human worker pick apple one by one. You know, if that is our number is for example five, right? So they usually pick two and three and then you get to five, um, and also in manufacturing, right?

So we pick up multiple screws at the same time and put them one by one. Um, so thats one of the reasons robotics is not as efficient as a human yet because when they do, when people do picking, we do, we pick multiple at the same time, when robot doing the picking at this time, even the best robots, they still can only do pick one by one.

And with that is by default, its like, uh, you know, two or three times less efficient. Uh, there are. Um, so thats, thats one of the things, um, Ive worked on. Um, and I called this, um, [00:28:00] cookie jar problem because you know, when you have a kid, okay, you can go to the cookie jar, pick some cookies. You dont really see a kid just go in and pick one cookie.

Right. So you can have a kid basically go, goes in, pick a couple of cookies out. And, but if you have a robot and say, okay, robot, you can go to pick up cookies. Just pick one cookie at a time. If there is a competition obviously, then the robot will not win. The kid will win that one. Right. So, uh, thats uh, interesting direction we currently working on and, uh, another direction were working on is, uh, motion generation.

And were particularly working on pouring, uh, because pouring is the most frequent manipulation, uh, motion in cooking and pouring, not only for liquid, like water, oil, honey, [00:29:00] syrup, those kinds of liquid, but also, you know, rice and beans, flour, uh, those kinds of things, and also even large chunks, right?

You caught something you put into a bowl and you dont want to pour the whole thing into, uh, into a pan, portion of that, uh, how will you control, how will you do the, do the pouring? Um, so weve been working on that. Um, so we had a finished, uh, pouring liquid that we do 30 mile, um, precise, uh, pouring liquid, precisely.

And then all we mainly focusing on pouring, um, big chunks, of objects precisely.

Kegan: Interesting. And you mentioned that pouring precisely I could imagine, a lot of challenges in, in doing, in tackling these problems. What do you see as the largest problems right now?

Dr. Yu Sun: Yeah, there are many different challenges. And, uh, while the things is, um, for some reason, we as [00:30:00] humans understand that that dynamics fairly well. We can kind of, we can predict whats going to happen. So we basically compensate our emotions, in terms of how everythings going to fall or how many are going to fall?

We have a pretty accurate prediction. We basically recovered the pouring motion before everything, um, everything basically poured out. And, uh, it is kind of, reversible, right? So if you pour more than you need, and for some of the cases, you will be in trouble, right? So, you cant, just control the pouring speed that you have something falling back into the cup.

So it is more of, uh, irreversible, uh, kind of motion. So we have to do, pretty good job on predicting what is going to happen. The second challenge we also deal with is generalization because we dont want to. Um, you know, [00:31:00] learn something thats only working for this kind of container or this kind of object.

Uh, we want to really learn a skill, a polling skill, follow robots that can basically use any containers and import anything. Um, yeah, so we, we basically, uh, try to use practice, uh, to, to solve this kind of problem because when we, uh, do pour unknown things, we kind of practice a little bit. And then after a couple of times in practice, we will be able to do fairly well.

So we try to use practice to, uh, really modify Ill, uh, Ill transfer our models to this new situation, uh, without, um, a lot of failures. Right. So we are going to make sure the practice is also, uh, doesnt really have failures, but not necessarily to have the best performance from that but at least not have failures.

Kegan: You mentioned that out of this [00:32:00] couple of students have started, uh, companies or, or have gone into industry.

And then I also noticed looking into your background, you have multiple patents. Could you kind of talk about how, um, how, sort of the balance between papers and patents and how patents maybe as a grad student, you know, when to patent or why to patent, or even how to patent your work that youre working on.

Cause like, if youre working on these competitions that are related to industry and industry is looking to use it, um, sort of how does patent play a role in there?

Dr. Yu Sun: Right. So. patent is quite important. If you want to, uh, start thinking about, uh, uh, after you graduate, uh, you may want to, uh, form a startup for example, and, um, uh, during your, um, academia year and, uh, on the doing your research, you probably want to think about building your own IP portfolio, right?

So, um, that gave you [00:33:00] a solid foundation. Uh, um, start to do, uh, this, uh, entrepreneurship, try to try to try to form a startup. Uh, so I think from that point of view, um, its quite, uh, quite important for everyone who wants to go to a startup route, um, in terms of starting, um, uh, when to, uh, apply for a patent.

I think after the time you have a technology, it works and you know, is, you know, it is innovative and thats at the time you should, um, think about the patent and usually university has a patent and licensing office. So you should talk with those patent and the licensing office people, and they can help you to apply.

And they usually, um, however, pair, IP attorneys and they will help you to write it up and draft the claims and everything. [00:34:00] Um, yeah. Then they will apply.

Kegan: Yeah. were getting close to time here, but I like to finish with this. So what are you most excited about moving forward with your research, with anything? What are you most excited about?

Dr. Yu Sun: So Im pretty excited about robotics in general. I think this is the right time for robotics and in terms of, uh, making progress in research and also, um, apply the research outcomes into industry and really getting the technology, uh, used.

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Robotics Grasping and Manipulation Competition Spotlight - Robohub

In this installment of The Deals Behind the Buyouts podcast,Thomas H. Lee Partners LPmanaging director Jim Carlisle discusses the firms strategy in middle market technology, including robotics, automation, software and marketplace businesses.

Robotics may call to mind George Jetson, but Carlisle described practical applications in such diverse settings as warehouses, via portfolio companiesAutoStore ASand RightHand Robotics Inc., and hospitals, through technology developed byQventus Inc.Portfolio company Kinexon GmbH develops technology that monitors machinery on factory floors and can also track performance of professional athletes on a basketball court or soccer pitch.

Carlisle also explained how THL breaks down opportunities in vertical software, horizontal software and infrastructure, and the appeal of marketplaces such as food delivery serviceGrubHub Inc.and real estate outfit Ten-X LLC.

Meanwhile, the THL managing director discussed building up portfolio companies through M&A and the symbiotic relationship between the firms Automation and Flagship funds.

Heres the podcast:

More podcasts from The Deal are available oniTunes,Spotifyand onTheDeal.com.

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Behind the Buyouts: THL's Carlisle on Middle Market Robotics, Tech - The Deal Pipeline