Post on 15-Jan-2015
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Ashley Reddy, Co-Founderwww.rationalrobotics.com
Bringing robots from
factory floor the shop floorto the
RATIONAL ROBOTICS
1. Place the part on the
sliding bed
2. The robot scans then paints it
3. The part is ready
PAINT ROBOT 1
1. Scan in 3D
2. Optimize tool path
3. Paint
HOW IT WORKS
industry$41 Billion
116,000 auto body shops in US
Positive ROI in 6~8 months
Possible “Robot as a Service” for recurring revenue
MARKET
▪ Cheaper
▪ Simpler
▪ Precise
▪ Safer
▪ Tireless
▪ Compact
▪ Greener
Labor costs savings
Uniform coating, including Matte Black
Easy setup & operation
No exposure to chemicals
Paints 24/7
Saves space
Uses less paint
ADVANTAGES
▪ Market consolidation (several chains with 500+ locations) !
▪ Increasing labor costs (esp. safety liability) !
▪ Growing environmental concerns !
▪ No offer for high quality at low price
FAVORABLE MARKET FORCES
Usable prototype done (paints real parts)
Distribution agreement with Endura Paint (durable paint)
Setting up a factory to paint car parts in Canada
CURRENT STATUS
▪ 20+ years experience
▪ Multiple Startups
▪ Patents
▪ Former Yahoo! (Geocities)
Ashley Reddy Dr. Mark Fiala Dharmend Padayas
TEAM
Co-founder Robotics Business
Co-founder Software
Co-Founder Industry
▪ 20+ years experience
▪ Multiple Startups
▪ Patents
▪ PhD in Comp Sci
▪ 20+ years experience
▪ Involved in the industry
▪ Owner Operator
▪ Disruptive product
▪ Clearly defined opportunity
▪ Experienced team able to execute
SUMMARY
EQUITY INVESTMENT ($500K)
WE ARE LOOKING FOR
REMEMBER: WINTER IS COMING…
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