From assembly lines to warehouses, robots have been used to automate processes at work for decades. Today, the demand for automation is growing rapidly, but there’s one big problem: today’s robots are expensive to build and complicated to set up. They have complex hardware and need programming by skilled engineers to perform specific tasks. In order to meet demand in an increasingly automated world, robotic arms have to be more affordable, lighterweight, and easier to use.
Ally Robotics, a startup specializing in AI-powered robotic arms, is working on doing just that. Ally is ushering in a new era of robotics—and giving early investors a unique opportunity to join the golden age.
The Growing Labor Shortage
Most of us have experienced the effects of the labor shortage over the past few years: businesses reducing hours, long wait times, and travel and supply chain delays. In 2021, one million workers quit the restaurant and hotel industry in the US alone. And in the second half of the 20th century, the farming workforce shrank by over 50%. Industries like construction and manufacturing face growing labor gaps, too. Automation can solve this problem, but right now it’s far too expensive.
Robots can help tackle the labor shortage, but the price tag needs to become more accessible. One report estimates that half of the worldwide activities humans are paid to do could be automated by adapting current technology.
The New Robotic Arm
Mitch Tolson, CEO and founder of Ally, spent years working in the robotics field, and he started thinking about what it would look like to build a better robot. He wondered, ‘What if designing a robotic arm’s behavior didn’t require code?’ Tolson realized that a no-code robotic arm would have huge potential in the market. So that’s what he built.
Ally’s robotic arm is powered by artificial intelligence, specifically what’s called imitation learning. It works just like it sounds: you show the robot a motion to perform and it will copy it. Lifting a pallet, packing a box, flipping a burger–any task that requires a human arm is where an Ally robotic arm can make a difference.
As a result of this technology, Ally’s arm costs 70% less than the competition, and since it doesn’t need to be programmed by an expert engineer, it’s ready to be used right out of the box. Ally already penned a partnership with Miso Robotics to help with grilling and frying at fast food chains. This partnership represents the potential revenue of $30 million for Ally via a non-binding letter of intent. And with the quick-service restaurant industry being a $300 billion market, there’s room for Ally’s robotic arms to find their way into kitchens everywhere.
The Future of the Robotic Arm
At its best, technology works to provide solutions and make life easier. One of the ways it can do this is by making work safer and less mundane. And when robots become cheaper and more accessible, they’ll free up humans to do more valuable (and higher-paying) work.
Ally’s robotic arms can address the $114 billion market need by doing just that. They are already running fryers in kitchens, and soon they will be constructing skyscrapers, changing oil in cars, harvesting crops and so much more.
As Ally continues to grow and expand into automation needs in industries around the world, you can go along for the ride (they’re seeking investors who are interested in being a part of their work).
Robots aren’t taking over the world, but they are unlocking a whole new world of human potential.
Learn how to become an Ally Robotics shareholder here.
Ally Robotics is offering securities through the use of an Offering Statement that has been qualified by the Securities and Exchange Commission under Tier II of Regulation A. A copy of the Final Offering Circular that forms a part of the Offering Statement may be obtained from: Ally Robotics
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This story was produced by WIRED Brand Lab for Ally Robotics
