Perspectives on Automation, AI, & the Future w/ Andy Lonsberry
Andy Lonsberry, Founder and CEO of Path Robotics, explains how the company identified a market pain point in high-mix, low-volume welding and developed a fully autonomous robotic system using machine learning and computer vision. He details the journey from a 24-month consulting exploration to securing $15 million in Series A funding by bringing an autonomous robot to Silicon Valley. Lonsberry also discusses the 'Robots as a Service' (RAS) business model, which eliminates upfront capital expenditure for manufacturers by tying payment to system performance, and highlights the abundance of engineering talent in the Midwest.