The Department of Homeland Security's contract with Ghost Robotics for robot 'dogs' to do border patrol put the spotlight on the Philadelphia company. But it's already got more than 25 customers, and CEO Jiren Parikh expects that ultimately enterprise will be a larger market than government.
estimates the company’s revenue is in the range of $30 million to $40 million. While government customers represent almost all of sales today, Parikh believes that ultimately enterprise customers will prove a bigger market, as the costs of robots come down and applications like nuclear-plant security and safety inspections for factories proliferate.
Parikh, an Indian immigrant, met cofounders Avik De and Gavin Kenneally through a friend who was familiar with work going on at the Penn Center for Innovation. De and Kenneally had been working on building a new version of a legged robot in the lab of Daniel Koditschek while working on their Ph.D.’s at the University of Pennsylvania. Parikh launched the company with De and Kenneally in 2015.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Meet The Startup Behind The Robot ‘Dogs’ Set To Patrol The Southern BorderThe Department of Homeland Security's contract with Ghost Robotics for robot 'dogs' to do border patrol put the spotlight on the Philadelphia company. But it's already got more than 25 customers, and CEO Jiren Parikh expects that ultimately enterprise will be a larger market than government.
Read more »
Bulls G LaVine to meet with doctors about left knee sorenessChicago Bulls guard Zach LaVine is slated to visit with doctors in Los Angeles on Tuesday, looking for more answers about periodic soreness in his surgically repaired left knee.
Read more »
Meet Worldle, The Name-That-Country Wordle Spinoff For Geography NerdsNeed some travel inspiration? There’s a new game in town that’s lighting up little gray cells across the world.
Read more »
Meet the Little-Known Genius Who Helped Make Pixar PossibleAlvy Ray Smith helped invent computer animation as we know it—then got royally shafted by Steve Jobs. Now he’s got a vision for where the pixel will take us next.
Read more »
Meet the 2016 Washingtonians of the YearRyan Zimmerman has been committed to making Washington a better place to live. In 2016, he was named a Washingtonian of the Year.
Read more »
Kanye Invokes Mac Miller & Ariana Rumor, Vows Pete Won't Meet KidsKanye West is on a tear again against Kim Kardashian's boyfriend, and this one seems downright hostile.
Read more »