estimates the company’s revenue is in the range of $30 million to $40 million. While government customers represent almost all of sales today, Parikh believes that ultimately enterprise customers will prove a bigger market, as the costs of robots come down and applications like nuclear-plant security and safety inspections for factories proliferate.
Parikh, an Indian immigrant, met cofounders Avik De and Gavin Kenneally through a friend who was familiar with work going on at the Penn Center for Innovation. De and Kenneally had been working on building a new version of a legged robot in the lab of Daniel Koditschek while working on their Ph.D.’s at the University of Pennsylvania. Parikh launched the company with De and Kenneally in 2015.
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