I am re-posting this update since it wasn't sent out to all of our investors and it's important. Also, feel free to check out our other updates if you haven't already.
We like to future proof ourselves, as is probably evident by the types of products that we make. After we expand our assembly capabilities to at least 5,000 units per month and fulfill the demand for Travelmate robots, we plan to branch out and expand our product line.
We are applying our tech to new situations and have created some concepts that we want to share with you. We have done some prototyping for these use cases already. The first thing we want to show you is a robot platform on which you can attach a golf bag to carry your golfing equipment. This robot will also have smart features that will be able to tell you golfing conditions, give you recommendations and do more things of that nature. This robotic platform can be used for multiple purposes and not just for golf bags. Here are some conceptual renders of what the product may look like once it is mass produced:
It will follow you just like our current Travelmate robots do and will connect to your smartphone in the same way.
Another two concepts that we're working on are autonomous trolleys for airports and autonomous shopping carts. We do not plan to mass produce these two concepts, because the investment required to do so is too steep. Instead, we plan to finish prototyping them and license out the technology, so that other companies can manufacture these products. We will work on a royalty based business model for these two concepts. Here are conceptual renders of these products:
Finally, we are working on a home assistant robot. This is a long term project and is unique because it is able to walk up stairs and navigate more complicated terrain. This robot will be very versatile, but also have a higher price point.
In the next update, I'll share details on discussions that we've had with automobile companies about our artificial intelligence software and obstacle detection software.
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