Just me, or is it crazy they haven't had 1 year of profitability in nearly 3 decades of operations.
Just me, or is it crazy they haven't had 1 year of profitability in nearly 3 decades of operations.
When they got back into the hardware business in the early 2000's, those projects were primarily funded by DARPA/DOD contracts, but the steady income stream provided by e.g. DI-Guy helped fill the gaps between contracts, allowing them to run a business that, though lean, stayed in the black. Eventually, as a part of the Google acquisition, DI-Guy was divested to VT MAK, another local company in the modeling/sim software business [2].
Source: former employee that worked at BD for the better part of a decade from the mid 00's to late 10's
[1]: https://www.mak.com/products/visualize/di-guy [2]: https://www.mak.com/products/visualize/70-landing-pages-1/la...
You’d think 30 years of unprofitable future tech would happen at a university or the military or some skunkworks operation for a massive company.
Though I’m sure quite a bit of their funding is military.
Sure, the cutting edge stuff will always be in the realm of experts with funding, but the pace of progress in technology is such that there seem to be plenty of opportunities for innovation from the grassroots level, serious amateurs and hobbyists.
It kinda feels similar to the early era of personal computers, where anybody with interest and ideas could enter the field, learn things on their own, and even contribute to its advancement.
Further, building a modern full scale General Electric GE90 is extremely far beyond what a hobbyist can accomplish. If anything the true cutting edge is getting ever further out of reach. A few peasants could build a full scale trebuchet, good luck getting your friends together to build a F-22.
Still, it shouldn't be that hard to make a small version of Big Dog technology now. They put a lot of money into fast hydraulic servos, which you no longer need for anything smaller than a horse. Gyros and accelerometers are cheap now, because they're phone parts. Motors and motor controllers are much better and cheaper now. Big Dog's compute power was a Pentium 4, which is nothing today. Force feedback sensors for the feet are still expensive, because there's no mass market. You need those for slip control.
[1] https://www.walmart.com/ip/Wind-Up-Wooly-Walker/194850858
That's why it can really on be funded by guys like Alphabet who can take these R&D hits.
The bet really looks something iRobot - Every household has a robot servant/maid that's made by Boston Dynamics. Some of the more recent videos make me want to believe it's within my lifetime.
I love watching the documentaries (parodies) of how we get to Skynet: https://www.youtube.com/watch?v=y3RIHnK0_NE
Its easy to imagine they are operating as a test-bed company for ideas for the investor/3rd party/military. Before a real investment can happen they are used to prototype any 'far out' ideas.
I can picture that being Boston Dynamics when the robot uprising happens for real.
Those companies are always on top of the world in those movies, so maybe it will pan out after all.
Also, beyond stakeholder investment, the contracts they had were often government contracts, or when in private companies it would be R&D, i.e. all made “at a loss” (until BR finds the right sauce).
Wow, that's long enough that their earliest patents would have expired by now.
And Boston Dynamics is not an exception. Government funded primarily until 2013 when it was acquired by Google. Google then didn't have the stomach to continue to fund it, so they sold it to Softbank.[1]
[1] https://thenextweb.com/google/2017/06/09/its-no-wonder-googl...