Everything Jake Loosararian said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Loosararian: The standalone SaaS business model is going away
“My opinion on, on like the standalone SAS model is like, I think it's going away.”
Loosararian: Embodied AI for general robotic tasks is ~3 years away
“I think it's like, I take, maybe take like more like the three-year kind of time frame for those kind of things.”
Only six of New York's 17,000 bridges do not need immediate repairs
“In New York, for example, there are over 17,000 bridges, most of which are in New York City. And guess how many of those bridges are not in need of immediate repairs? Only six.”
Defense planners are actively incentivized to inflate overall project budgets
“Those that are determining the scope and size of these modernization projects are the same ones incentivized for that amount of dollars to be as high as it can be.”
First-order data companies will dominate the software industry for decades
“And why I believe, because of software being commoditized, that first-order data companies will dominate the next 10 and 20 years in software.”
China's naval shipbuilding capacity outpaces the United States by 232x
“China, for example, can, Outbuild us by 232 times submarines that is, or new ships.”
Gecko Robotics tech delivers 90% faster manufacturing per US Navy Admiral
“Admiral Houston has talked about 90% improvements to speed and manufacturing using the technology that Gecko builds.”
Loosararian: Folding laundry and washing dishes are low-ROI robot tasks
“Folding laundry and cleaning dishes is not a high ROI use case.”
The US military spends 40% of its budget on maintenance
“For example, the military spends 40% of their budget, over four hundred billion dollars, on maintenance.”
Fortune 500 companies lose $1.5 trillion annually to unpredictable failures
“And Fortune 500 companies will lose 1.5 trillion dollars every single year because of catastrophic failures that were unpredictable.”
Gecko's moat is hardware, contradicting early VC software consensus
“Contrary to popular belief from the VCs at the time, the robots were the moat.”
Maintenance cycles keep two-thirds of US Navy ships unavailable for deployment
“Only a third of our ships are available to patrol and deter conflict around the world, and the reason why is because of maintenance cycles.”
Loosararian: Gecko reduced US Navy flight deck maintenance labor by 85%
“We improved that to be able to reduce labor by 85% and improve the turnaround times for flight decks alone by about a month.”
Humanoid robots will be confined to dangerous industrial settings, contradicting Musk
“I am not of the belief, I guess, that when Elon talks about, you know, two times the amount of robots as humans, that you'll see them in society, actually, as much as you maybe, maybe you'd think. I think they're actually gonna be found mostly in these, like, …”
Loosararian: Data Gaps Limit AI ROI in Heavy Industry
“A lot of it comes down to this really interesting gap that exists in AI, which is like all the information and data set that you need to actually turn all of this into actual return on investment and productivity gains, especially for these, like, large infras…”
Loosararian: NVIDIA invested $1B into Skild AI at $14B valuation
“NVIDIA, I think, just put a billion dollars into skilled AI, which is creating the brain for robots. Actually at a fourteen billion dollar evaluation”
Gecko Robotics' first prototype saved a single power plant $30M
“And I deployed that robot into the boiler, saving the plant manager, Jeff, thirty million dollars just that year.”
Gecko Robotics is partnering on a $130B Air Force modernization program
“Now, on the defense side, we're working with the, ah, Air Force on a hundred and thirty billion dollar modernization program.”
Loosararian: Gecko Robotics does tens of millions in business with US Navy
“So now we're doing tens of millions with the Navy on flight decks, and we're extending that to ballast tanks, hulls, as well as, ah, commercial maritime.”
Gecko Robotics is helping build the Navy's Columbia-class nuclear submarine
“So now we're helping to create the most advanced submarine in the world from the beginning to the production end.”
Gecko Robotics generates roughly 30% of its business from defense
“We do about 30% of our businesses defense.”
Gecko Robotics manages over 500,000 critical global infrastructure assets
“What started in a college dorm, my college dorm, is now a company that manages over 500,000 of the world's most important and critical pieces of infrastructure.”
Loosararian: Power plant boiler downtime costs $2M per day
“It would cost them two million dollars every single day they were down.”
Gecko Robotics reduced month-long tank inspections to just 12 hours
“Gathering terabytes of data in 12 hours for this tank. A process that used to take about a month to do while the asset was shut down, costing millions of dollars.”