Why Did the Bot Cross the Road? This Company Believes Its Delivery Robots Are a Game-Changer

Image courtesy: Daxbot

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Robots on the road? It seems too futuristic to be true.

Of course, it sounds like a Denis Villeneuve production to hear that what used to be a reality only in science fiction movies is finally rolling out in real life.

Robots are now becoming part of daily life. From surgical robots that can precisely perform surgeries like those developed by Intuitive Surgical Inc. ISRG and Stryker Corp. SYK to assembling automobiles, teaching and making music, robots are transforming the way we live and work.

Now, robots are making a significant relocation from the confinements of buildings and making their way to the roads. It's just a matter of time before robots are seen in every part of the world mak-ing deliveries and performing other tasks that serve humanity. In some parts of the world like the United Kingdom, some parts of the European Union and the United States, this is already unfolding.

Daxbot Inc. is another player in the industry that wants to disrupt the delivery market with its novel semi-autonomous delivery robot called Dax. However, the company is more than just food-delivery oriented. Its vision is to bring movie-type robots into the service of humanity and the Dax food delivery robot is the first step toward that.

How Dax Is Made

Unlike other robots that are partly or fully assembled in other countries like China, Dax can be described as a native of the U.S. Dax has all its intellectual property based in the U.S. with 5 executed patents.

With the company's production line now fully implemented, it takes 80 hours for 1 person to build a Dax. Each Dax has a unique name like Porky or Lucky, usually given after characters from popular TV series. The names are used to uniquely identify each robot, and each bot has its name embedded within the quick-response (QR) code that’s next to the battery pack. The company claims each Dax has a personality that makes it special.

At times when it needs to scale production, the company adds more employees to the manufacturing line so it can get several robots off the line each week. The current facility allows the company to manufacture a maximum of 4 to 5 bots every week. However, as the market grows,it is expecting to move to a new facility.

An Early Investment in Dax

If you had invested $1,000 in Tesla Inc. TSLA stocks on March 18, 2011, when the shares were sold at $4.92 per share, your total profit from the investment would now be over $250,000.  While this isn’t always the case, it’s always a possibility when getting in on the ground floor of a new idea.

With the food delivery market projected to reach over $250 billion by 2027 and robot deliveries making up about $1 billion of the market, Dax is giving an opportunity to investors who can help propel its vision. You can find more about its crowdfunding campaign here: https://www.startengine.com/daxbot

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.