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The Robot Report
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Gecko Robotics reaches unicorn status with latest funding
- Gecko Robotics, a Pittsburgh-based company focusing on critical infrastructure, has achieved unicorn status with a $1.25 billion valuation after a $125 million Series D funding round.
- The funding will aid Gecko Robotics in expanding its operations in defense, energy, and manufacturing sectors, following partnerships with NAES, L3Harris, and Abu Dhabi National Oil Company.
- Gecko Robotics' Cantilever AI-powered operating platform is fundamental to its robotic technology, ensuring data integrity for infrastructure safety and optimization.
- The latest funding round was led by Cox Enterprises and includes investors like USIT, XN, Founders Fund, and YCombinator. The total amount raised was not disclosed.
- Gecko's robots climb, fly, and swim to collect data on structures like ships, power plants, and infrastructure, helping to reduce downtime and save costs across industries.
- Its Cantilever platform aids in decision-making processes, predicting issues like pipeline explosions, modernizing aircraft, and increasing power plant efficiency.
- Gecko Robotics focuses on AI for critical infrastructure maintenance, providing thorough data analysis through robots and sensors, highlighting a shift towards automation in infrastructure management.
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