LCSR Grad’s Company Has Created the Swiss Army Knife of Robots
“Robots allow manufacturers to operate more cheaply. But robots themselves aren’t cheap, limiting the ability of small manufacturers to compete with larger companies or win back business from overseas. A Baltimore startup thinks it has a solution: robots as a service.
“Industrial robots typically sell for $75,000 or more, a significant capital outlay. And that price tag escalates dramatically with operational costs. Ready Robotics, a startup housed in City Garage, a Baltimore center for makers, charges $1,500 to $4,000 a month for use of one of its robots, called the TaskMate. The TaskMate is easy to program and move around a factory floor. That suits it for the short production runs on which many small manufacturers survive.”