"Touching Tomorrow: Humanoid Robots with Feelings and Human-like AI Revolutionize Industries"

Keith McMillen

CEO, Sensible Robotics, Berkeley, Ca.

August 1, 2024

Executive Summary

In a world grappling with an acute shortage of available labor, humanoid
robots equipped with the sense of touch hold immense potential to
revolutionize industries and empower humanity. Sensible Robotics, a
pioneering startup based in Berkeley, is at the forefront of this
transformative technology. By integrating tactile capabilities into humanoid
robots, Sensible Robotics aims to bridge the gap between man and machine,
enabling collaborative and efficient workflows across diverse sectors as packaging,
agriculture, security, and senior care.

Introduction

The Fourth Industrial Revolution is witnessing a paradigm shift in the way
machines and humans interact. As automation becomes increasingly prevalent,
the demand for robots capable of performing intricate tasks with precision
and dexterity has soared. However, traditional robots lack the crucial
element of tactile perception, limiting their ability to interact seamlessly with humans and our objects. Sensible Robotics addresses this limitation by giving humanoid robots a refined sense of
touch, thereby unlocking a myriad of possibilities for enhancing operational
efficiency and augmenting human capabilities.

Solving the World's Labor Problem

The global labor crisis requires an urgent need for innovative
solutions. With humanoid robots equipped with dexterous tactile capabilities, companies
can mitigate labor shortages by automating repetitive tasks and optimizing
resource utilization. This not only boosts productivity but also frees up
human workers to focus on more strategic and creative endeavors. By
augmenting workforce capabilities through robotic assistance, organizations
can navigate challenges posed by demographic shifts and skill shortages,
thereby ensuring sustained growth and competitiveness.

The Importance of Human Touch

While automation streamlines processes and increases efficiency, the human
touch remains irreplaceable. Sensible Robotics recognizes the intrinsic
value of human interaction and endeavors to create robots that seamlessly
integrate into human-centric environments. By providing the sense of touch
to robots' hands, these machines can engage in delicate tasks, collaborate
effectively with humans, and respond intuitively to dynamic situations. This
fosters a harmonious coexistence between man and machine, where each
complements the strengths of the other, leading to enhanced productivity and
innovation.

Sensible Robotics' Tactile Sensing System

Sensible Robotics has developed a cutting-edge tactile sensing system,
powered by patented Vector Technology, that enables robots to feel and
interact with their surroundings. This system encompasses:

1. Hardware Components: A human-like finger with millimeter-scale force sensors combined with precision 3D vector data are used to detect physical interactions and stimuli.

2. Internal machine learning: Responsible for processing and interpreting data
collected by hardware components, incorporating algorithms for signal
processing, filtering, and data analysis.

3. Measurement System: Essential for quantifying tactile data, measuring
parameters such as pressure, force, contact area, and contact duration.

4. Diagnostics Tools: Used for calibration and validation of the tactile
sensing system, ensuring accuracy and reliability of data collection.

5. User Interface: Allowing users to interact with the system, view
real-time data, adjust settings, and access diagnostic information.

6. Integration with Actuators: In some applications, integrating tactile
sensing systems with actuators enables tactile feedback or haptic feedback
in response to detected stimuli.

7. Data Logging and Storage: Includes functionality for logging and
storing tactile data over time, facilitating analysis, trend identification,
and historical comparisons.

Market Trends and Growth Potential for Sensible Robotics

The humanoid robot industry is witnessing exponential growth and presents a
lucrative opportunity for companies like Sensible Robotics. Several key
market trends and growth indicators highlight the vast addressable market
and potential for Sensible Robotics to lead in this trillion-dollar sector:

1. Global Market Size and Growth: The global market size for humanoid
robots currently stands at $2 billion, with projections indicating rapid
expansion. Goldman Sachs forecasts a staggering 70% annual growth rate,
reaching $38 billion by 2035, and potentially exceeding $150 billion with
further advancements and market acceptance. Beyond that, the humanoid robot
market could reach $30 trillion, with a 20x growth forecast in the next
decade, highlighting the immense potential for Sensible Robotics' innovative
solutions.

2. Top Performing Humanoid Robot Companies: Sensible Robotics can draw
insights from top-performing companies in the humanoid robot industry.
Notable players like Tesla, Sanctuary and Figure AI have experienced
significant funding, growth, and technological advancements. 

3. Headcount Growth and Engineering Expertise: Analysis of headcount
growth and engineering team size among humanoid robot companies reveals a
substantial investment in talent and innovation. Despite tech slowdowns and
layoffs in other sectors, robotics companies continue to expand their teams,
showcasing a commitment to driving technological advancements and market
penetration.

4. Early Stage Investment and Innovation: The presence of numerous
early-stage companies receiving seed funding underscores the nascent yet
dynamic nature of the humanoid robotics market. Sensible Robotics can
leverage this environment to innovate, disrupt, and carve out a significant
market share by focusing on cutting-edge technology, user-centric design,
and strategic partnerships. Leading accelerators like Y-Combinator
prioritize robotics, with Sensible Robotics leading in AI tactile sensors
that learn from touch, positioning the company as a frontrunner in the
industry.

5. Competitive Landscape and Industry Leaders: Big tech companies such
as NVIDIA, Softbank Robotics, Tesla, Xiaomi, and Microsoft are actively
investing in and exploring the humanoid robot sector. Sensible Robotics can
position itself as a frontrunner by capitalizing on its unique offerings,
such as the tactile sensing system, patented Vector Technology, and
integration capabilities with actuators and software applications. In fact,
Sensible Robotics boasts a proven track record, having sold millions of
sensors and possessing the best range sensing system on the market, setting
a high standard for technological excellence and market leadership.

6. Startup Surge: Robotic startups are witnessing a meteoric rise, with
a 7000% increase in recent years, indicating a strong market appetite for
advanced robotics technologies.

By aligning its strategies with market trends, technological innovations,
and customer needs, Sensible Robotics is poised to lead the charge in revolutionizing industries, addressing labor challenges, and empowering
humanity through advanced humanoid robotics solutions

Conclusion

In conclusion, Sensible Robotics' integration of humanoid robots with the sense of touch is not only a technological breakthrough but also a strategic move that aligns with market trends, growth potential, and societal needs.

By leveraging advanced tactile sensing systems, Sensible Robotics is poised to revolutionize industries, bridge labor gaps, and empower humanity, paving the way for a future where man and machine collaborate seamlessly for mutual benefit and progress.