Kerst: Gecko Materials cut adhesive production time from 48 hours to 15 minutes
Capella Kerst · Stanford Engineer: Gecko-Inspired Space Velcro · Aug 21, 2024 · at 5:24
Capella Kerst, founder of Gecko Materials, describes her patented manufacturing breakthrough for dry adhesive microstructures on The Pitch.
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“It would take over 48 hours to make one unit. Because of the invention and my patent, we can make it in under 15 minutes.”
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More from Capella Kerst
Kerst: Gecko Materials raised an $8M seed round at a $26M valuation
“A pre-money evaluation of twenty six million for an eight million dollar round is what we landed at.”
Kerst: Gecko Materials deploys on the ISS and lands major enterprise clients
“We're currently on the International Space Station. Honda, Ford, Toyota, GE, Intel, Hyundai are just to name a few of our seven of our customers here on Earth.”
Kerst: Gecko Materials counts Honda, Ford, Toyota, GE, Intel, and Hyundai as customers
“Honda, Ford, Toyota, GE, Intel, Hyundai are just to name a few of our seven of our customers here on Earth.”
Kerst: Gecko Materials is on the ISS and under paid Space Force contract
“We've completed two Air Force and Space Force contracts, and we are on the International Space Station, and we're actually in now a standalone, it's not a grant, it's actually a contract in which they're paying with the Space Force right now.”
Kerst: Gecko Materials will reach 88% profit margins within two years
“In the next two years, we'll be at 88% profit margins.”
Kerst: Gecko Materials will reach $80M ARR within five years
“So we are two X-ing our revenue this year, 3.8 X-ing the following year. And then end of five years, we will be ARR of eighty million. And that is based solely upon our current paying customers only and their LOIs that are located in the data room.”