From sleeping on a friend's floor to signing huge industrial customers: How Gecko's founder built a $600 million robot company from a college project [Fortune]
Palantir Technologies Inc. Class A (PLTR)
Company Research
Source: Fortune
One day, he and a college friend camped in a rainforest on the country's Pacific coast and drifted to sleep on hammocks they brought from home, to the sounds of shouting monkeys and scurrying lizards. The next morning, Loosararian walked to a nearby public shower. While rinsing off, he watched a green lizard—a gecko—walk up the shower wall, and thought to himself: That would be a good name for my future company. Today, Gecko Robotics, worth more than $600 million based on its latest funding round in December, makes wall-climbing robots that inspect infrastructure, like dams, power plants, and manufacturing facilities. The robots find rust, corrosion, cracks, and other defects so maintenance crews can fix them before they cause irreparable damage and require entirely new structures to be built, which can be costly and bad for the environment. Additionally, Gecko recently raised $100 million to expand its defense technology operations, following its work with the U.S. Navy and Air
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PLTR
Earnings
- 2/5/24 - Beat
PLTR
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- PLTR's page on the SEC website