Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck...

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© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential Innovating Infrastructure Stephen M. Muck Co-founder and CEO November 15, 2018

Transcript of Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck...

Page 1: Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck • Identifies & ties rebar intersections • Runs day or night, rain or shine,

© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

Stephen M. MuckCo-founder and CEONovember 15, 2018

Page 2: Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck • Identifies & ties rebar intersections • Runs day or night, rain or shine,

© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

CONSTRUCTION CHALLENGES

LABORPRODUCTIVITY

LABORSUPPLY

DEMAND

TECHADOPTION

With the lowest productivity and least

investment in technology of any other

industry worldwide, construction

represents a market eager to enhance

profitability, productivity, and safety

performance.

PAVING THE WAY FOR OPPORTUNITY

Page 3: Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck • Identifies & ties rebar intersections • Runs day or night, rain or shine,

© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

Mission

Enhanced Productivity

▪ Higher value added per worker

▪ Labor need reduction

▪ Faster completion times

Company Mission:ACR utilizes robotics and artificial intelligence to innovate and commercialize a wide range of autonomous products to lead the long-term transformation of the construction industry towards enhanced productivity, improved safety, increased profits, and reduced schedule risk.

Improved Safety Increased Profits Reduced Schedule Risk

▪ Reduced exposure to workers compensation cases related to repetitive motion, carpal tunnel, and soft tissue (back) injuries

▪ Increase efficiency and reduce costs

▪ Added capacity for project volume

▪ Completed work that is consistent, on-time and on-budget

▪ Reduced exposure to peak seasonal staffing challenges

ADVANCED CONSTRUCTION ROBOTICS

Page 4: Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck • Identifies & ties rebar intersections • Runs day or night, rain or shine,

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Autonomous Naval Vessel (1st Ever)

Self-Driving Car (1st Ever)

Self-Driving UAV/UGV Team

(1st Ever)

Rescue Robots Agricultural RobotsAdvanced Military Robots

100+ years combined multi-industry field experience, including:• Artificial Intelligence• Robotics• Electro-Mechanical Systems• Motion Control• Sensing Technologies• Product Engineering• Software Infrastructure• Integration / Testing / Deployment

Representative Projects & Accolades

UNMATCHED TALENT & EXPERTISE

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Innovating Infrastructure

1. Bureau of Labor Statistics

UNSUSTAINABLE LABOR TRENDProjected U.S. Construction Labor1

Widening Supply / Demand Imbalance

6,8646,947

7,0307,114

7,2007,020

7,266

7,520

7,784

8,056

6,500

6,700

6,900

7,100

7,300

7,500

7,700

7,900

8,100

8,300

2017 2018 2019 2020 2021

Empl

oym

ent (

000s

)

Labor Availability Labor Demand

• 200,000 unfilled construction jobsas of Feb-20171

• 856,000 projected unfilled in 20211

• Compared to 1993 employmentdata, U.S. construction shouldhave:1

• 1 million MORE aged 19-34• 1.3 million FEWER aged 45+

What This Means:• Unfilled Jobs• Skilled Labor Scarcity• Scheduling Bottlenecks• Higher Costs / Lost Profit

Page 6: Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck • Identifies & ties rebar intersections • Runs day or night, rain or shine,

© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

1. McKinsey Global Institute, “Reinventing Construction: A Route to Higher Productivity”, February 2017.

Construction companies spend less than 1% of revenue annually on technology (compared to 3.5%

in auto industry)1

Industries that have adopted digitization have proven to be

more productive!

BEHIND THE TECH CURVE

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© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

• Implementation of Robotics and Artificial Intelligence (AI) inconstruction will transform customary practices

• Robotics and AI are ready to:

▪ Address skills shortages▪ Attract a more diverse and skilled labor force▪ Increase production ▪ Create new roles for workers in cutting-edge areas▪ Reduce the need for repetitive, manual tasks▪ Decrease exposures to worker’s comp claims

THE BRIDGE TO INNOVATION

Page 8: Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck • Identifies & ties rebar intersections • Runs day or night, rain or shine,

© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

CRITICAL PATH ACTIVITY:DECK REBAR 101

THE CHALLENGEChallenge & Opportunity

• Critical path activity in bridge construction

• Peak season labor shortages are common

• Time consuming (often the only on-site activity for 2+ months)

• Laborious, repetitive, tedious, and accident-prone activity that is disliked by the workers

• Labor often rebalanced / reallocated to different jobs on the fly (in-house and sub labor alike)

• Project delays from rebar tying can ultimately result in monetary penalties (Liquidated Damages)

Dwindling Labor Availability Cannot Scale to Meet Rising Demand

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© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

TyBot™ JOINS THE CREWTyBot™ is an autonomous rebar tying robot that represents aRELIABLE, FLEXIBLE, and SCALABLE solution for tying bridge deck rebar.

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© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

1

2

3

4 5

Identifies theRebar Grid

Identifies Rebar Intersections

Plans Optimal Executable Path

Repositions Executes

TyBot™ autonomous operations

TyBot™ AUTONOMOUS PROCESS FLOW

Applied AI Technology:• Computer Vision• Mapping• Path Planning & Optimization• Motion Control

Why Now?• Fast Computing• Mature Algorithms• Affordable & Reliable Hardware

The convergence of robotics and AI is thenext industrial revolution. Teaming robotswith workers maximizes the productivityand skills of the worker/robot team.

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© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

WHY TYBOT?

Plug & Play Performance Built For Your Project Easy Set-up

• Autonomous navigation of bridge deck

• Identifies & ties rebar intersections• Runs day or night, rain or shine,

without breaks or injuries• Doesn’t impede other construction

equipment of infrastructure• Staffed with a trained & dedicated

technician

• Rides along existing screed rail support used for concrete finishing

• Compatible for bridge widths between 10’-145’

• Compatible with #8 by #8 rebar intersections

• Works to bridge design limits of 12% grade and 12% super-elevation

• Wireless controller for monitoring and override feature

• No additional equipment, permits, or dependencies required

• Transport with heavy duty pickup truck & 40’ trailer

• No oversize load• Tool-less assembly on/off bridge• 2-person assembly with crane or

lift• Setup under 4 hours

Page 12: Stephen M. Muck Co-founder and CEO › 18PRESENTATIONS › TECHTOOLS_MUCK… · 2018-11-20 · deck • Identifies & ties rebar intersections • Runs day or night, rain or shine,

© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

~43 ft Wide x 1250 ft Long

~53,000 Square Feet~535k LBS of Rebar Crew

Crew + TyBot™

% ↑↓

Crew 10 10 0.0%

Manhours 3,818 2,291 (40.0%)

Days on Site 70 40 (42.9%)

Cost Savings $76,350

Days on Site Reduction 30

...x LDs / Bonus per Day $3,000

LD $ Risk Reduction / Bonus Capture $90,000

...x Site Overhead $ per Day $2,250

Site Overhead $ Reduction $67,500

...x Deck Support Equip. $ per Day $1,700

Site Overhead $ Reduction $51,000

...x Home Office Overhead $ per Day ?

Direct workers' compensation & payroll tax savings $9,658

$218,158

Value Creation: GRAND TOTAL

Value Creation: TOTAL PROJECT

$294,508

MEDIUM BRIDGE PROJECT Cost & Schedule Savings

Option A: Labor Augmentation

Value Creation: DECK REBAR

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© 2018 Advanced Construction Robotics, Inc. Proprietary and Confidential

Innovating Infrastructure

For More Information, Please Contact:

Stephen [email protected](724) 443-1533

Jeremy [email protected](412) 756-3360

Steve [email protected](717) 682-1464