MARKET NEWS

Your New Colleague Is a Robot

By: Anneken Tappe · September 06, 2023 · Reading Time: 2 minutes

Meet Apollo

Humanoid robots, once the stuff of science fiction, are making their debut in real-world warehouses. Leading the charge is Apollo, a brainchild of the Austin-based startup Apptronik.

This all-electric model is designed to work alongside humans, handling tasks like moving hefty boxes and containers. Standing tall at 5 feet 8 inches and weighing a solid 160 pounds, Apollo can lift up to 55 pounds.

And while Apollo might not need a lunch break, it does require a battery recharge every four hours.

More Than Just Metal

Originating from the Human Centered Robotics Lab at the University of Texas, Apptronik isn’t new to the world of robotics, having worked on NASA’s first bipedal robot. Even so, they’ve taken a significant leap with Apollo.

Jeff Cardenas, the company’s CEO, envisions Apollo working in the supply chain, handling basic material handling tasks.

By the end of 2024, Apptronik aims to move Apollo from the lab to full-scale production, marking a significant leap in the integration of humanoid robots in our daily work environments.

Robot Revolution

The introduction of humanoid robots like Apollo could reshape the workforce as we know it, finding use in other industries beyond the warehouse, including food prep and care.

The use of humanoid robots could make economical sense in factories in just a few years, according to research from Goldman Sachs (GS), while consumer applications for robots could follow in the next decade.

Along with applications, the market for robots is set to grow to as much as $6 billion in the next decade or so. For the moment, however, the industry is still in the early innings.

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