“We can swap batteries and we can have the aircraft back in the air about two minutes later.”
quote is from the automated transcript, cleaned for reading:
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More from Keller Rinaudo Cliffton
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Drone delivery competitors have spent billions without serving a single customer
“There are other companies in, you know, the drone delivery industry that I think have taken more of a moonshot approach and they've spent billions of dollars and have not served a single customer yet.”
The robotic vehicle itself is only 15% of autonomous delivery complexity
“The vehicle is only like, 15% of the complexity of the solution here. This is, by the way, a problem Or a realization that I think most robotics and autonomy companies have not yet had. Like you don't really realize it until you start trying to serve customers…”
Hardware startups face a rude awakening when they begin charging customers
“Doesn't matter how much money you've raised. It is going to be a rude awakening when you actually start charging customers for your product, because that is when you actually learn all of the things that you need to fix and all the things that are going to be …”
Hardware and physical infrastructure will define the most important future companies
“I do think a lot of the most important companies for humanity that are going to be built over the next 20 years are going to be hardware and infrastructure companies. They're more capital intensive, they're harder to build, but they also have way more momentum…”
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