Palladyne Ai Corp. · NASDAQ:PDYN
Palladyne Ai — Sarcos Technology & Robotics — Investor Presentation (August 2022)
25 slides from Palladyne Ai's investor presentation, Aug 9, 2022
Slide 1: The premier, pure play, industrial robotics investment
Investor Deck August 9, 2022 The premier, pure play, industrial robotics investment
Slide 2: Legal Disclaimer
disclaimer Legal Disclaimer This presentation and any related oral statements contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, but not limited to, statements regarding Sarcos’ future operating results, financial position, liquid
Slide 3: How does work get done when there aren't enough workers?
How does work get done when there aren’t enough workers to go around? Defensenews.com; washingtontimes.com; reuters.com; cnbc.com; forbes.com; constructiondive.com
Slide 4: A fleet of industrial robots that augment instead of automate
Sarcos is developing a fleet of highly dexterous mobile industrial robots, sold on a RaaS or direct sale basis, to deliver multiples of productivity and enhanced safety across a wide range of industries The answer: a fleet of Industrial Robots that augment instead of automate for non-repetitive jobs
Slide 5: Global need drives demand: worker shortage, injury, and fatigue
GLOBAL NEED DRIVES DEMAND WORKER SHORTAGE, INJURY, AND FATIGUE = KEY DRIVERS OF OPPORTUNITY 1) Excludes indirect costs and OSHA fines $100 billion spent annually on back injuries in the U.S. Spine Research Institute & OSHA $136 billion annual costs in lost production due to fatigue OSHA, 2007 Falls
Slide 6: $147 billion annual target market in the US alone
AEROSPACE Maintenance & repair Assembly support AUTOMOTIVE Ship / receive Assemble LOGISTICS Non-cons Heavy duty DEFENSE Logistics Maintenance & repair Subsea OIL & GAS Maintenance & diagnostics Construct / deconstruct POWER & UTILITIES Line and transformer maintenance Infrastructure inspection CONS
Slide 7: Innovation, experience, and IP enable a blue ocean opportunity
Innovation, experience, and IP enable a “blue ocean” opportunity Proprietary innovations Deep robotics Patent portfolio Competitive Strengths Energetic Autonomy Reduced power from 6,800 to 500 watts Optimized power utilization – elastic recovery Modelled after human movement; designed to human body
Slide 8: Platforms & value-added services
platforms & value-added services (VAS) 1/ One-to-many is a future capability for the Guardian XT Industrial 4.0 & workforce of the future: Human Augmented Systems Teleoperated & Supervised-Autonomy (1:1: many) Teleoperated (1:1: many1) Direct-control (1:1) Product Differentiation sapien™ 6M Systems
Slide 9: Guardian XO: an Industry 4.0 workforce multiplier
Guardian® XO®: AN Industry 4.0 Workforce multiplier with reduced risks of injury Unique technology offering significant productivity improvement Up to 200 lb lift capacity Hot-swap batteries, near-continuous operation Capable of up to 100% load relief < 30 seconds to don or doff Pricing starting at
Slide 10: Guardian XO: an exoskeleton in a class of its own
Guardian®️ XO®️: An exoskeleton in a class of its own Industrial Partial Body unpowered FORTIS EKSO ZERO G Industrial partial body Powered SAMSUNG PANASONIC REHABILITATION HONDA REWALK CYBERDYNE EKSO BIONICS FULL-BODY POWERED
Slide 11: Guardian XO example use case: aviation maintenance
CHALLENGES Heavy components handling: Frontline maintenance crews handle heavy tools and parts that can lead to fatigue and strain Injuries & downtime: 25.9 million+ workers lost an average of 7.2 days of work due to backpain1 Shoulder-related injuries: Employees are out of work for 27 days2 Inspect
Slide 12: Guardian XO example use case: last-mile delivery
CHALLENGES Heavy, ergonomically challenging tasks: Distribution center workers repeatedly lift heavy parcel bags off shelves to load into vans for last-mile delivery. Over time, these tasks can cause fatigue, strain, and back, shoulder, and neck injuries Last-mile delivery LOGISTICS HEAVY PARCEL BAG
Slide 13: Guardian XT: highly dexterous robotic system
Guardian®️ XT™: highly dexterous robotic system Optimize productivity for precise tasks in dangerous environments Reduce at-height and overhead fatigue, Reduce injury & exposure to hazardous conditions Mitigate risks and associated costs Reduce insurance premiums & hazard pay BENEFITS Lift and manip
Slide 14: Guardian XT example use case: construction
CHALLENGES Reduce idle and downtime due to worker fatigue Eliminate humans doing elevated and at-height work Eliminate worker exposure to hazmat (welding fuel gas, silica, cement dust, etc.) Reduce safety equipment and infrastructure costs for at-height work Repair and maintenance RESULTS Skilled la
Slide 15: Guardian XT example use case: solar panel installation
CHALLENGES Reduce idle downtime due to worker fatigue Reduce risk of back, shoulder, and neck injury Eliminate worker exposure to extreme conditions (heat, cold, rain, dust, etc.) CONSTRUCTION RESULTS Labor shortage: The pandemic resulted in a 6.9% decline in employment, putting the solar industry b
Slide 16: Guardian XT example use case: power utility
CHALLENGES Reduce occurrence and costs for fatalities & injuries Improve frequency and coverage of power line inspection and maintenance. Eliminate humans doing elevated and at-height work. Inspection & Maintenance RESULTS Hazardous conditions: High voltage power line work at-height and in all-weath
Slide 17: SAPIEN 6M mobile robotic arms
SAPIEN™ 6M mobile robotic arms for use in a variety of complex environments Adds a mid-sized arm for mobile applications to the Sarcos product lineup Reduces human exposure to dangerous working conditions End-effectors customized to applications attach via end-of-arm interface IP66 for work in outdo
Slide 18: SAPIEN 6M use cases
SAPIEN™ 6M USE CASES Solar field construction Construction at height (welding/tool work) Infrastructure inspection and maintenance at height Power utility inspection & maintenance
Slide 19: SAPIEN Sea Class
SAPIEN™ SEA CLASS Light work capabilities on an inspection-class vehicle lowers solution costs by reducing support personnel and equipment Integrates with existing deployed ROVs Allows for multiple hand tools to be used by a single gripper design Reduces human exposure to extremely dangerous working
Slide 20: SAPIEN Sea Class use cases
SAPIEN™ SEA CLASS USE CASES Offshore wind inspection & maintenance Naval EOD & mine neutralization Offshore production platform inspection & maintenance Underwater welding for construction Renewable energy inspection & maintenance
Slide 21: Future of robots: tarmac
DE-ICING HEAVY TOOL MANIPULATION LUGGAGE HANDLING TECHOPS HEAVY PARTS HANDLING, DEPALLETIZING CARGO DOOR OPERATIONS MAIL, NON-CONVEYABLES, HEAVY CARGO LOADING Future of robots: TARMAC CATERING CART LOADING FUELING, WATER, LAVATORY SERVICES CONNECT TO GROUND POWER & COMMUNICATIONS WHEEL SUPPORT, JACK
Slide 22: Future of robots: shipyard
FUTURE OF ROBOTS: SHIPYARD NON-DESTRUCTIVE TESTING WELDING, CUTTING, HEATING VISUAL INSPECTION DOCKSIDE REPAIRS: PARTS SEQUENCING & DELIVERY SURFACE MAINTENANCE & CORROSION CONTROL UNDERWATER (UWILD) INSPECTIONS UNDERWATER HULL MAINTENANCE
Slide 23: Robot-as-a-service (RaaS) model
Robot-as-a-service (raas) model Expected to accelerate adoption and deliver recurring revenues RAAS is expected to constitute majority of sales in medium to long term Benefits of RAAS raas vs. buy Maintenance and servicing covered by Sarcos Lowers barriers to deployment due to no CapEx outlay Simple
Slide 24: Target industries and customers focused on work-at-height use cases
Target INDUSTRIES AND customers focused on work-at-height use cases in aviation, shipyard and vegetation management in the short-term * Publicly disclosed partner / investor Logistics Representative Target CUSTOMERS DoD / Government “We owe it to the best airline employees on the planet to explore h
Slide 25: Q&A
SARCOS: Q&A
Sarcos Technology & Robotics — Investor Presentation (August 2022) on 6ix