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Power Law company profile

Vicarious

Space · Union City, United States · Founded 2010

Vicarious is a pioneering company in the field of intelligent robotics, specializing in solutions for high mix, high changeover manufacturing operations. The company leverages over a decade of advanced research in artificial intelligence (AI) and robotics, with findings published in leading industry journals such as Science, Science Robotics, and NeurIPS. Vicarious serves a diverse range of clients in the manufacturing sector, offering a suite of services including kitting, palletizing, machine tending, packaging, bin picking, and sorting. Operating in the industrial automation market, Vicarious employs a 'Robots as a Service' (RaaS) business model. This model allows clients to automate their operations without any upfront capital expenditure (CapEx), making it financially accessible and risk-free to deploy. Clients see immediate savings from day one, thanks to the company's end-to-end support and expertise. Vicarious generates revenue through subscription fees for its RaaS offerings, providing continuous updates and maintenance to ensure optimal performance. The company's innovative approach has garnered attention from major publications like the New York Times, Wall Street Journal, Washington Post, MIT Technology Review, and Wired. Keywords: intelligent robotics, high mix, high changeover, manufacturing, AI, kitting, palletizing, machine tending, packaging, bin picking.