Cobalt Claims Majority of Security Robot Market (2023 Profile)
While Knigthscope has dominated media attention for years and ADT is touting its 1X/Haoldi partnership, Silicon Valley-based Cobalt Robotics tells IPVM they believe they hold the majority of the security robotics market.
IPVM talked with the CEO Travis Deyle about the robots within security, the company's current state, products, sales approach, and future plans.
This is a follow-up to our 2022 profile on Cobalt. Also, see recent security robot coverage including 1X / Halodi Robotics $23.5 Million Raise Examined and Ascento 2-Wheeler Security Robot Profile.
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Doubling *******
*** *** **** ****, **** ******* doubled ***** ******* **** **** ****, and ****** ** ******** ***** ******, roughly ******** ******* **** ****.
Cobalt's ****** ***** *** *******
*** *** **** ****** ***** ~**-**% of *** ********** ******** ******** ****** of ~$** *******.
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Sales *** ********** *******
****** **** ****, **** ** *** sales *** ****** ***** *** ******* "modernizes *** *********** **********" ** ***** customers.
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Deployed ******
***** ****** *** *** ******* **** with *** ****** ** ****** ********, IPVM ********* *** ** *** ****** deployed ***** ** ******' **** ** ~$125,000 *** ** ********* ******* ** ~$30 *******. * ****** ***** **** from *********** ********* ***+ ****** ****** deployed.
*** **********, *********** *** ~** ***-********** robots ********, *** ***** ********* **** only * *** *****.
Cobalt "********" ** * ********
*** *** **** ****** ** **** than **** * ******** *******, *** focus ** ** ******* ********** ** physical ********. **** ***** **** ****** are * *** **** ** **** automation, *** *** ******** ** ******'* offering ** *** ******** *****.
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Hardware ********
*** ******* ***** **** *** ******** agnostic, *** ***** ***** ********* *** not ***** ** ** ******** ** scale.
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***** **** *** ******** ******** ***** they **** ***** ***** *** *****(*).
"Security ********* ******"
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Robots *** ******** ** ***-********* ******
***** **** ****, ***** ***** *** be ******** ** *** ***-********* *****.
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Navigating ***** *** *********
*** *** *********, ***** *** *** approaches ** ********** ***** *** *********; by *********** **** **** *** ******** automation ***** ****, ** ***** ************. Deyle ***** **** *** * ****** poker ********* ** **** ******** ******* and ******** **** ******.
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*** *** ***** **** ************ **** value ** *** ***** *** ***** response ** *****, *** ***** **** a *********** ****.
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Robots **** ************ / ****
***** **** ****, ** ** ******** to **** ******** ****** ********** ************ tasks **** ******* *****, *** ******* up *******. *******, ***** ****** *** face ********** ********* ******* ******-****** ** heavier *****.
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***** ***** ** ******** ****** ****** available *** ******* ********, ***** *** for ******** **** ** ******** ** a ***** ***** *****. ***** **** told ****, *** ******** ****** *** "further *** **** ****** **** **********."
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***** ********* *** ******** ** ******** robots ** ******* ********* ******* ***** bring *** ***** **** **** ****** production *******, *** **** **** ****** available *** ******** ********.
**** ** * **** *********. *** bigger ****** ** *** ************ ** to ****** * *******-******* ****** **** opens ** ******** *** ***** *** unlock ********* ** *****. **** ** Moore's *** *** ******** *****, *****'* a *** *** **** ************ ** scale ****** ******'* *** (***** ******** came *****). *.*. *** ***** ******** of ********** ****** *** *** **** a **% ********* ** ***** ****. To *** **** ** ***********, ***'* say * ****** ***** ********** ******** all *,***,*** ****** ** *** ****** States *** **** *** * *-**** lifetime. ***'* ** ******** ***,*** ****** a **** *** ********, *** *** application **** *** * ******* ***** robot ***** **** ***** ***** ** way ****** **** ***,***. ** ******* who **** * ******* ******** *** is ******* *** ******** ** ***-**** providers, ******** *********, *** *********** *********, like ******, *** *********** ***** ********* more ****** *** **** ************* ******* hardware *****.
Operating ** ******* ************
****** **** ****, **** ******* ** low-traffic ************, *** ** ** **** common ** ****** ******** ****** ** crowded ****** ** **** ******** *****.
** **** ** ******* **** ******** in ***-******* ************. ************ ******* *** one *********, *** **'* ******* ********* rather **** ******. ******* ****** ** busy ******** ***** ***** *** *****'* mobility -- ** *** ***** ** valuable, *** **** ******.
*** ******* *****, ****** ********** ******* in **** ****** **** *** *** subway ***** ** ****** **** ******.
******* *** ** * **** **** space. ****** ****-******* *******, ***'** ****** better *** **** ********** *******. ****** could ***** ** ******** ****** ***-******* periods *** ** * ******** / deterrent.
*******
** *** ******** ****, ****** *** taken * ******* ******** ** ******* its ********, ******** *** *****-**** ******-********* tactics ** *** ***********, *** *** has * ******* **** ** ******.
** *** ***** ****, *** ****** is ***** ***** *** ** ******* that *** ****** **** *** ****** take *** ***** *** ******* ** robots ** ************* ******* (***** $**,*** or **** $**,*** ********), ** **** it **** ***** *********** **** ******. Cobalt's *** ******** ** ******* ** plans ** **** *** *** ************ the *********** *** ******* ***** ** robots ****** *** ****** *******.
** ** ********* ********* **** ****** would ** *** ******** ****** ** this *****.
*********** ** ** ******** ****. *** AITX ** ******* ****-*** ** *** robots ******. **** ** ***** ********* seem **** **** **** **** ******* to *** *** *** ** **** money *** ** ******* ********* ****** than ******* ** ****** *******.
****** *** **** (******) ******* ******** away *** * ***** *** *** is ********** *** **** ****** ********* in *** ******* ***** ******.