Gecko Robotics seeks to save lives at power plants with its wall-climbing robots

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Via TechCrunch, Pittsburgh, Pennsylvania-based Gecko Robotics, which is developing wall-climbing robots to help save lives at power plants in the United States, has announced that it has secured $7 million from a group that includes Founders Fund, Dallas Mavericks’ owner Mark Cuban, and Y Combinator.

Gecko Robotics’ robots are considered “an important part of ensuring safety in industrial and power plant facilities,” being that they can go ahead of humans to check for potential hazards.

The robots are capable of climbing tanks, boilers, pipelines and other industrial equipment using proprietary magnetic adhesion, ultra-sonics, lasers and a variety of sensors to inspect structural integrity.

According to Gecko Robotics co-founder Jake Loosararian, the company’s technology is “faster and more accurate than what is out there at the moment,” being that it uses machine learning “to solve some of the most difficult problems.”

This is also a unique idea to get the attention of a number of seasoned investors.

“There has been virtually no innovation in industrial services technology for decades,” says Founders Fund partner Trae Stephens in a statement to TechCrunch.

“Gecko’s robots massively reduce facility shutdown time while gathering critical performance data and preventing potentially fatal accidents. The demand for what they are building is huge.”

The robots reportedly cost anywhere from $50,000 to $100,000.