AMP Robotics

“One of the nice things about recycling is, honestly, the bar is a little low. Like, it's hard to consistently create pure material. And so as compared to automotive, where you can't run over one out of a hundred people, you see, you know, for us, if you mess u…”

“Most of that equipment gets installed over weekends when people aren't running anyway. And so you have this very like low friction path to automation. What you see is recycling facilities can use their lower cost structure to go after more material. They'll st…”

“We've sold hundreds of those robots now, and it's a very strong business”

“You should have one hard technical problem. That was going to be the vision system. You didn't want to have to innovate on the robotic side at least not too much.”

“If you make recycling this fundamentally better business, you not only create a incentive to expand recycling in the U S or in Europe, but If you can make it so that there's a stronger incentive to recycle in the developing world, now you really make a huge im…”

“The main task is people standing around conveyor belts sorting through material by hand. Yeah. You have people picking bottles, cans, cardboard, paper. It's a tough job. It doesn't smell great, and the turnover's very high. People don't kind of put their full …”

“Some rough figures here are that the recyclables you put in your recycling bin, depending on that commodity market, are probably worth about a hundred dollars per ton. And that's real value. Like you can pull out that plastic and sell it. The trouble is, is th…”

“Over the next five years, I think you're going to see the vast majority facilities be pretty close to fully automated.”

“And so what you'll see is for most commodities, the recycling facilities will produce material that kind of bumps around 90 or 95% pure. And so our facilities, the biggest thing is, besides being fully automated and having this lower cost structure as a result…”

“We've now gone on to start building recycling facilities around our technology new greenfield sites built from the ground up around AI. What you find is you can do, you can go a step further. You can have facilities that'll run 24 seven facilities that can hav…”

“As you start to make the economics better, you start to see that this 34, 35% number can start to look more like 50 or 70%, and we think that there's a real opportunity to do that in the next five years.”