The Department of Homeland Security's contract with Ghost Robotics for robot 'dogs' to do border patrol put the spotlight on the Philadelphia company. But it's already got more than 25 customers, and CEO Jiren Parikh expects that ultimately enterprise will be a larger market than government.
estimates the company’s revenue is in the range of $30 million to $40 million. While government customers represent almost all of sales today, Parikh believes that ultimately enterprise customers will prove a bigger market, as the costs of robots come down and applications like nuclear-plant security and safety inspections for factories proliferate.
Parikh, an Indian immigrant, met cofounders Avik De and Gavin Kenneally through a friend who was familiar with work going on at the Penn Center for Innovation. De and Kenneally had been working on building a new version of a legged robot in the lab of Daniel Koditschek while working on their Ph.D.’s at the University of Pennsylvania. Parikh launched the company with De and Kenneally in 2015.
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