DIRECTION AS WELL NOR HOPED.
>> ALL RIGHT, THANKS BRAD SMITH
FOR THAT UPDATE APPRECIATE IT.
OF COURSE HAVE HIM AND BAKER ON
FOR CANNABIZ AT 3 O'CLOCK.
BUT.
GUESS WHAT THE SUPPLY CHAIN FOR
MODERN COMMERCE IS DUE FOR A
MAKEOVER AND ROBOTS MIGHT
ACTUALLY BE THE ANSWER
TO IMPROVING EFFICIENCIES AND
WAREHOUSES COWDERY BASE AT
ABOUT X'S ONE COMPANY BRINGING
AUTOMATION TO FULFILLMENT
CENTERS USING A
3 D ROEBUCK SUPPLY CHAIN WITH
US NOW TO DISCUSS IS SCOTT
WALKER BELL, THE FOUNDER CEO
AND CTO OF ABOUT IT'S GREAT TO
HAVE YOU WITH US WELL THANK YOU
FOR HAVING ME APPRECIATE THE
TIME, LET'S GO THROUGH FIRST
THE WATER THE 3 D ROBOTICS
BITING.
>> THE BEST WAY TO THINK ABOUT
IT IS WE LOOK AT THE MOST
SUCCESSFUL NATIONAL SYSTEM ON
THE PLANET WHICH IS ANSE.
ANTS BUILD A COLONY IN 3
DIMENSIONS WHERE HUMANS ARE
2 METHODS PIECES YOU WALK ON
THE GROUND WE DRIVE ON THE
GROUNDS WHEN HE ROSE IN
NILES TAXES FOR GOODS AND DON'T
HAVE THAT RESTRICTION AND WE'RE
TAKING THAT INSPIRATION FROM
SUCCESSFUL NATURAL SYSTEMS
REBUILT THE HIGHEST DENSITY
HIGHEST
EFFICIENCY US BIRDS RETRIEVAL
SORT HAITIAN IN SEQUENCING
SYSTEM WHICH IS WHAT YOU NEED
FOR MODERN
COMMERCE FULFILLMENT THAN
ANYTHING THERE IN THE WORLD
RIGHT NOW.
>> SO WHAT EFFICIENCIES ARE YOU
CREATING FOR RETAILERS ARE
WAREHOUSING COMPANIES THAT ARE
USING
YOUR TECHNOLOGY.
>> WE HAVE A DRAMATIC SHIFT IN
THE COST OF REAL ESTATE WE
DON'T HAVE TO GO BUILD A
MILLION AND A HALF SQUARE FEET
ON THE TURNPIKE ANYMORE THEY
CAN USE BOTH EXISTING REAL
ESTATE FOOTPRINT BUT ALSO IN
MARKET REAL ESTATE NOW BECAUSE
OUR TECHNOLOGY ONLY OCCUPIES
ABOUT 15 TO 18% OF THE SPACE
NEEDED FOR FOR CURRENT
TECHNOLOGY.
THAT AND THE FACT THAT WE ALLOW
THE HUMANS NOW ARE THE PEOPLE
TO DO MORE HUMAN JOB, IT'S
PUSHING A CART THROUGH A
WAREHOUSE SOCKS. BUT ALLOWING
THEM TO GATHER THE GOODS THAT
YOU ORDER ONLINE IN THE
CONTAINER TO YOU AS
EFFICIENTLY AS WITHOUT TURNING
THEM INTO A ROBOT THAT WAS THE
GOAL WELL PLUS BY BRINGING THAT
TECHNOLOGY AND MARKET WE NOW
CREATE THOSE JOBS AND MARKET
LOWER CARBON FOOTPRINT FOR
FINAL MILE AS WELL AS TRANS
BUT HAITIAN AND WE CAN NOW GET
THOSE JOBS ON PUBLIC
TRANSPORTATION SYSTEMS FOR SAYS
NEEDING TO MOVE THEM LIKE I
SAID HOUR AND A HALF OF
THE TURNPIKE.
>> OK SO WHEN YOU'RE TALKING
ABOUT THE ANTS
YOU KNOW THINKING LIKE WORKER
ANTS LITTLE AND KIRBY IS.
AND IT WAS A WHAT THEY LOOK
LIKE THEIR FACILITIES RIGHT, I
MEAN I IS IT LIKE INCEPTION
THINGS ARE JUST LIKE FLOATING
IN THE AIR ROBOT SO WE ARE
TREATING THEM AND THEN.
>> IT'S NOT QUITE THAT COOL WET
BUT CLOSE TO IT BECAUSE WE HAVE
THE WORLD'S FIRST 3 D
ROBOTICS SHUTTLE. THEY LOOKED
LIKE KIND OF CONFUSE LAWN
MOWERS AND LIKE LEAF CUTTER
ANTS WHO CARRIED LEAVES ON THE
TOP OF THEM THEY CARRY BINZER
TOTES ON THE TOP
OF THEM THEY THEY MOVE THROUGH
A UNIQUE
STORAGE MATRIX IN 3 DIMENSIONS
SO IT'S KIND LIKE MONKEYS CLIMB
INTO THE MONKEY BARS TO GO GET
THE STUFF YOU NEED.
>> OK AND HOW DOES THIS HELP
THE HUMANS. US REALLY.
>> AS I MENTIONED WE CAN NOW
ALLOW PEOPLE WHO WERE HUMAN
JOBS, THEY'RE NOT WALKING IN
THE STYLES SNOW 1215 MILES A
DAY. THAT CAN HELP WITH THE
SELECTIONS OF THE PRODUCTS YOU
PURCHASE. IT ALSO NOW HELPS
THEM BY BEING THOSE JOBS CLOSER
TO WHERE THEY LIVE.
AND ELIMINATES A LOT OF LABOR
AND STRAIN IN MODERN COVERS WE
USED TO GO TO THE MALL TO BUY
OR STUFF AND HAD THE ASSISTANCE
OF THE PEOPLE WORKING THERE.
NOW THOSE PEOPLE THAT ARE ARE
STILL TAKING
OUR PURCHASES ARE WORKING 12
HOUR SHIFTS AND MASSIVE
WAREHOUSES AND IT'S IT'S A
TOUGH JOB.
>> HOW DO YOUR PARTNERSHIPS
WITH RETAILERS WORK. WHAT IS
THE ONGOING PROCESS ARE YOU
SUPPLEMENTING
THEIR EXISTING WAREHOUSES THEIR
OWN AUTOMATION PRACTICES ARE
KIND OF STARTING THINGS FOR
SCRATCH FOR
SOME REASON.
>> WE'RE FORTUNATE ENOUGH TO
DEAL WITH ALL OF THE THOUGHT
LEADERSHIP NOW TRYING TO FIND
THE SOLUTION FOR MODERN
COMMERCIAL FILM AND AND THE
BIGGEST RETAILERS IN NORTH
AMERICA. WELL NOW THINK THE NEW
CONVERSATION IN EUROPE WE CAN
HAVE
THAT TOO. THEY'RE TRYING TO
FIND A PATH FORWARD BECAUSE THE
TECHNOLOGY THAT HISTORICALLY
INVESTED IN WITH THE SCIENTISTS
AND A CASE OF THE SHIRTS TO A
STOP OR EVERY FEW WEEKS.
NOW THE MODEL US WHICH THAT
INDIVIDUAL T-SHIRTS OR SHOES
OR PURSES NEED TO BE PACKED IN
ONE OR 2 OF THE BOXES AND
SHIPPED OUT IS A COMPLETELY
DIFFERENT MODEL AND THE LEGACY
TECHNOLOGY DOESN'T SUPPORT
MODERN
CONSUMER BEHAVIOR. SO WE
DESIGNED OUR TECHNOLOGY FROM
THE GROUND UP TO BE A FULL FROM
AN ENGINE FOR MODERN COMMERCE.
>> YOU'VE RECENTLY
RAISED 25 MILLION AND UM I
GUESS IS THAT ENOUGH OR WHAT
YOU WANT TO DO DO YOU NEED
MORE.
>> WE SEE HUGE POTENTIAL FOR
GROWTH WE'VE HISTORICALLY
ALWAYS RAISE ENOUGH CAPITAL TO
SEE US THROUGH THE NEXT
THRESHOLD OF PROOF POINTS THAT
WE NEED TO DO AS A COMPANY
AND THEN GO LOOKING FOR
PARTNERS TO RAISE CAPITAL FOR
THE NEXT PHASE AND THAT'S
EXACTLY WHAT WE'VE DONE NOW
WE'RE RIGHT IN THE MIDST OF
TAKING OUR HEAD
OF TECHNOLOGY. THAT HAS THE
PROVEN MAJOR CHECK MARKS ON IT
AND COMMERCIALIZE GET READY FOR
EVERYONE TO USE.
AND THAT'S THE NEXT THRESHOLD
FOR US BEFORE WE GET INTO
PROBABLY A PRETTY SIGNIFICANT
GROWTH ROUND IN A
SEA ROUTE.
>> THAT REALLY QUICKLY AMAZON
HAS.
IN PRIVATE FOR THAT THEY
ENVISION THIS LIGHTS OUT
WAREHOUSE MODEL A FUTURE WHERE
HUMANS ARE NOT EVEN REQUIRED TO
THROW OUT SOMETHING LIKE TO SEE
THE THING THAT IS THE CASE AND
IF SO WHAT IS THAT WHAT
ACTUALLY HAPPENED.
>> IT'S TECHNICALLY IMPOSSIBLE
RIGHT NOW BECAUSE OF THE VAST
ASSORTMENT. PRODUCTS WE
BUY ONLINE. THERE IS A LARGE
PERCENTAGE OF THOSE PRODUCTS
THAT COULD
THEY BUT THE END OF THE DAY
HUMAN BEINGS HAVE THE BEST
COMBINATION OF OF OF GRIPPING
VISION AND PROBLEM SOLVING THE
ROBOT JUST DOES NOT HAPPEN.
FOLDING UP A SCARF IT'S GOING