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Follow the Money: Where are Robotics & AI Investors Placing Their Bets?

Ron Stearns (Business Development Director, Robotics and Unmanned Systems/Consultant, Unmanned Systems Development)

Location: 209A

Date: Tuesday, February 5

Time: 10:15am - 11:00am

Track: Chief Robotics Officer (CRO) Summit

Vault Recording: TBD

As stated in our opening session, and numerous industry reports, the global industrial robotics market is expected to reach $77.00 billion by 2022, growing at a CAGR of 11.92% between 2016 and 2022. The main drivers of this growth are the adoption of automation to ensure quality production to meet market demand as well as the growing demand from small- and medium-scale enterprises. Industry reports state the growth will come from industrial robotics in the automotive industry, as significant investments are being made by major automotive manufacturing companies in this market. By attending this session hear from a leading industry expert on the types of investments being made and why. Points to be discussed:

  • Their perspective on industry investment trends and the impact on manufacturing.
  • The types of companies investors are investing in and why.
  • Future investments investors are looking to make – both nationally and internationally.
  • Understand market opportunities: FAA Reauthorization are pointing to specific pathways to establish an unmanned traffic management (UTM) system, provide FAA authority for remote identification and tracking, and create consensus industry standards in lieu of type and airworthiness certification. Question – what market opportunities exist for manufacturing? This question will also be addressed: What market opportunities exist for manufacturing?
  • Understand how DoD investments in land and undersea operational domains are making their way into budget materials, with clear pathways to becoming Programs of Record. Aerospace majors such as The Boeing Company, Lockheed Martin, and General Dynamics are investing heavily. Understand how you can explore and take advantage of this type of investment in your industry that these major companies are making.