GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) recently shared that since their first annual "Mobile Robots in Motion" conference earlier this month, they have been solicited by another first tier contract manufacturer interested in the high volume manufacture of their product line. GeckoSystems is a dynamic leader in the emerging Mobile Service Robot industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service™." Martin Spencer, President/CEO of GeckoSystems stated: "As all of us here at GeckoSystems are excited about this development, due to the nature of the upcoming discussions, I feel it is in the best interest of all parties involved to withhold the name of this contract manufacturing company at this time. This new solicitation from another first tier contract manufacturer is particularly gratifying since they already manufacture a military robotic platform for one of our competitors."
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GeckoSystems' first commercial product, the CareBot™, has been carefully designed for manufacturability for over ten years. Sixty percent of its direct cost of manufacture can be imported in container quantities readily. These are the systems and subsystems such as low power, low clock x86 Mini ITX motherboards, laptop hard drives, WiFi routers, webcams, audio amplifiers, DC drive motors, drive wheels, casters, etc. In defense industry parlance these are "commercial off the shelf" or COTS. The next twenty percent of direct manufacturing costs comes from the production of the custom hardware boards the company has developed to enable GeckoOrient™, GeckoSPIO™, GeckoMotorController™, etc. These custom printed circuit boards are populated with commodity parts readily available from sources like DigiKey, etc. The final twenty percent of direct cost of manufacturer comes from the custom sheet aluminum GeckoFrame™ and thermoformed plastic GeckoShroud™.
Over the last ten years GeckoSystems has had intimate discussions with numerous ISO certified contract manufacturers regarding their robot caregiver. In all instances they have told the company that the "economic order quantity" (EOQ) was twenty to thirty platforms, not hundreds as one might otherwise expect. When I joined GeckoSystems several years ago, I was pleased to learn of their long term emphasis on 'design for manufacturability.' To that end, the systems which I have refined and enhanced have always been performed with ease of low cost fabrication, assembly, configuration and calibration as primary goals," remarked Mark Peele, Vice President, R&D, GeckoSystems. "Due to the foregoing realities, we have successfully kept this entry barrier very low for us by not having to produce five hundred CareBots in the first batch, but only twenty-five. This will enable us to expand our in home evaluation trials readily and ramp into production of one thousand CareBots per month within six months. This will better enable us to meet the pent up demand in eldercare for caregiving robots and increase ROI for our investors," observed Spencer.
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